To improve the efficiency of cheque clearing and reduce settlement...
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AI’s Ahmedabad Disaster: Crash victim’s son moves US Federal Court against Boeing
"We have hired Mike Andrews. We expect the raw details of...
Govt finalising legislation to protect power systems from cyber attacks: MoS Shripad Naik
These regulations will ensure that the control and operation of...
Credit Suisse’s private bank stops margin loans on Adani Group’s bonds
The Swiss lender’s private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai Ltd., according to people familiar with the matter, who asked not to be identified...
Budget-2023-24:Sitharaman announces new savings scheme for women with 7.5% fixed interest rate for 2 years
The postal monthly income scheme also saw an enhancement of limit. In a single name, Rs 9 lakh can be invested as compared to Rs 4.5 lakh now New Delhi: Union Finance Minister Nirmala Sitharaman Wednesday announced a 'Mahila Samman Saving Certificate' with a fixed...
Budget-2023-24:No tax on income up to Rs 7 lakh, standard deduction allowed under new tax regime
Union Finance Minister Nirmala Sitharaman Sitharaman also allowed a Rs 50,000 standard deduction to taxpayers under the new regime, where assessees cannot claim deductions or exemptions on their investments She also tweaked the concessional tax regime, which was...
Budget- 2023-24: Infrastructure development capex hiked by 33 pc to Rs 10 lakh crore for 2023-24
Union Finance Minister Nirmala Sitharaman An expert committee will also be set up to make infrastructure classification and financing framework suitable for Amrit Kaal New Delhi:Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure...
Sebi asks Digit insurance again to refile papers for its $440 million IPO
It is the second such setback for Digit’s listing ambitions. In a Jan. 30 letter issued by the Securities and Exchange Board of India (SEBI) seen by Reuters, the regulator said it was returning Digit’s IPO papers because the company did not comply with regulations by...
Adequate, affordable finance remains constraint in India’s climate actions: Eco Survey
As part of dedicated efforts to preserve ecosystems, India now has 75 Ramsar sites for wetlands, in addition to various regulatory and promotional measures to protect and conserve mangroves. Continued river conservation and rejuvenation efforts are underway through...
India’s nominal GDP to be USD 3.5 trillion by end-March: Eco Survey
V. Anantha Nageswaran,Chief Economic Adviser Further support to economic growth will come from the expansion of public digital platforms and path-breaking measures such as PM GatiShakti, the National Logistics Policy and the Production-Linked Incentive schemes to...
Govt’s share in health expenditure increased from 28.6 pc in FY-14 to 40.6 pc FY-19: Eco survey
The NHA's estimates for FY-19 show that there has been an increase in the share of government health expenditure (GHE) in the total GDP from 1.2 per cent in FY-14 to 1.3 per cent in FY-19, the survey stated New Delhi: The government's share in the total health...
CR Vijayan takes over as acting secretary general of GI Council
C R Vijayan,acting secretary general, General Insurance Council, Though Inderjeet Singh, director and general manager, GIC Re has already been appointed as the secretary general of the GI Council in January first week, is yet to join as his application for...
Insurers now can pay profit related commission to their non-executive directors: IRDAI
Amount of payment of remuneration in the form of profit related commission to each of the non-executive director should not exceed the limits specified in the norms on remuneration of non-executive directors and managing director /chief executive officer / whole-time...