"Our ultimate goal should be universal healthcare. While India has...
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Japan’s NEXI signs reinsurance agreement with ECGC
Under this agreement, NEXI will underwrite reinsurance for export...
Fraudulent MF redemptions by impersonators threat to investors confidence: Sebi official
Amarjeet Singh, Whole Time Member, Sebi Reiterating the need for...
E-rupee worth over Rs 130 crore in circulation: Sitharaman
It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
LIC’s debt exposure in Adani group cos dips marginally to Rs 6,183 cr as of March 5
LIC's exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd - Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd - Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67 crore), as per the...
Centre opposes recognition of same-sex marriage in SC citing personal laws, societal values
"It must be kept in mind that granting recognition and conferring rights recognising human relation which has its consequences in law, and privileges, is in essence a legislative function and can never be the subject matter of judicial adjudication. The prayer made by...
Govt to infuse more capital in public sector general insurers next year
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...
Centre should regulate manufacturing of drugs instead of state bodies, new bill moots
Regulations for the conduct of clinical trials for new drugs and medical devices have been brought under the draft bill Currently, the conduct of clinical trials for new drugs and medical devices and the provisions for compensation for injury or death on account of...
Centre raises concern over gradual increase in Covid positivity rate amid influenza cases
Rajesh Bhushan,Union Health Secretary "While the COVID-19 trajectory has decreased substantially in last few months, the gradual rise in COVID-19 test positivity rates in some states is a concerning issue that needs to be promptly addressed," Union Health Secretary...
Siddarth Mohanty appointed as acting chairman of LIC
Siddhartha Mohanty, managing director, Life Insurance Corporation Mohanty is presently the senior most managing director of the country’s largest insurance company Recently, the Financial Services Institution Bureau (FSIB), has selected M Jagannath and Tablesh Pandey...
PhonePe receives payment aggregator licence, reaches $1 trillion annualised payment value run rate
PhonePe is making significant investments in new businesses like insurance and wealth management, while also enabling the next wave of growth for UPI payments in the country, the statement said New Delhi: Digital payments platform PhonePe has achieved an annualised...
India reports first H3N2 deaths, one each from K’taka, Haryana; seasonal influenza cases likely to decline from March-end: Govt
''Young children and old age persons with comorbidities are the most vulnerable groups in context of seasonal influenza. So far, Karnataka and Haryana have confirmed one death each from H3N2 influenza,'' the ministry said. Seasonal influenza is an acute respiratory...
Maha: Will discuss old pension scheme issue with all stakeholders, says Fadnavis
Devendra Fadnavis,Deputy Chief Minister,Maharashtra Under OPS, the pension amount is provided by the government, which increases its liability, whereas the NPS has a contributory mechanism from the employee as well as the government. Mumbai:Maharashtra Deputy Chief...