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Central govt employees retiring day before annual pay hike date to get notional increment
As specifically mentioned in the orders of the apex court, "grant...
Use of term ‘bouncer’ intended to invoke fear terror in public mind: HC
It also observed that the primary reason for engaging the services...
India’s urban infrastructure needs $ 840 billion investments over next 15 years: World Bank
By 2036, 600 million people will be living in urban cities in India, representing 40 per cent of the population. "Cities in India need large amounts of financing to promote green, smart, inclusive, and sustainable urbanization. Creating a conducive environment for...
Aditya Birla Capital, Nippon Life talks fail on merger
Sources said Nippon Life stake would have been diluted to below 10 per cent following merger and Japanese firm is believed to be not comfortable with the idea of losing all the shareholder and the governance rights. Mumbai: Talks between Aditya Birla Capital and...
Microfin industry needs $100 bn to promote green livelihood: Jayant Sinha
Jayant Sinha,Chairman,, Parliamentary Committee on Finance ''Out of the 500 million workforce in India, 400 million are in the informal sector. This informal sector workforce is those who hugely benefit from the microfinance sector.The task in hand for the...
LIC shares rally over 9 pc as Q2 net zooms multifold
A 27 per cent jump in premium income and massive gains from changes in its accounting policy along with investment income helped the national insurer LIC on Friday report a multi-fold jump in net income at Rs 15,952 crore in the July-September quarter, from Rs 1,434...
NIA’s net profit plunges 74% to Rs 33 crore, one time Rs 2600 cr provision to clear five-yr wage arrears
Neerja Kapur,CMD,New India Assurance ``The fall in gross written premium is primarily due to the previous year recording significant revenues from the crop line of business and some government business, which was not there this year. The company made a...
DICGC settles claims worth Rs 8,516.6 crore in FY22
The number of insured banks registered with DICGC stood at 2,040 as on March 31, 2022 Since the inception of deposit insurance, a cumulative amount of Rs 295.9 crore was paid up to March 31, 2022 towards claims of 27 commercial banks, Rs 10,524.3 crore towards claims...
Long-term goal of Paris Agreement requires phase down of all fossil fuels: India at COP27
“Natural gas and oil also lead to emission of greenhouse gases. Making only one fuel the villain is not right,” a source in the Indian delegation attending the climate talks told PTI. . New Delhi: As negotiators from 194 parties started working out a draft cover text...
Maha: Lok Adalat awards Rs 70 lakh compensation to accident victim’s family
The settlement was reached between the claimants and Iffco-Tokio Gen. Ins. Co Ltd, the insurer of the car involved in the accident Thane/Palghar; The National Lok Adalat in Maharashtra's Palghar district on Saturday awarded Rs 70 lakh compensation to the children of a...
Per capita income rose in real terms by 33.4 per cent since enactment of NFSA Centre to SC
"During last eight years, since the enactment of NFSA, per capita income of the population in India has increased in real terms by 33.4 per cent. The rise in per capita income of people is bound to have taken a large number of households to higher income class and...
Inflation print for Oct likely to be lower than 7 pc: RBI Governor
Shaktikanta Das,Governor,Reserve Bank of India “We expect the October number which will be released on Monday to be lower than 7 per cent. Inflation is a matter of concern with which we are now dealing and dealing effectively,” he said. New Delhi: Terming price rise...