"We direct the Union government/NDMA to deliberate on whether the...
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Equity MF inflow drops 14 pc to Rs 25 082 cr in Mar
According to data released by Association of Mutual Funds in India...
Ayushman Bharat upholds dignity of elderly: PM Modi
"Now, every elderly member of a family above the age of 70,...
Maha: IMD issues orange alert for next 5 days in Konkan; NDRF teams deployed at Mahad and Chiplun
Meanwhile, after a break of a couple of days, heavy rains returned to Mumbai on Monday. According to civic officials, the island city recorded 21 mm of rainfall from 8 am to 6 pm, while the eastern and western suburbs received 17 mm and 25 mm of rainfall, respectively...
Passenger vehicle retail sales up 40 pc in June as chip supply improves
Two-wheeler retail sales last month rose 20 per cent to 11,19,096 units, as compared to 9,30,825 units in the year-ago period, FADA data showed Commercial vehicle retail sales also witnessed an 89 per cent year-on-year increase last month at 67,696 units....
LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture
LIC, which got listed on the bourses in May, will hold its first Annual General Meeting on September 27, 2022, according to stock exchange filing. Mumbai: State-owned LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The...
RBI gives green signal to HDFC, HDFC Bank merger proposal
Touted as the biggest transaction in India's corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan Mumbai: HDFC Bank on Monday said it has got...
Finance ministry asks CPSEs, govt depts to exempt PSU gen insurers from 1.5 solvency requirement in official tenders
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an ``office memorandum'' signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes three of the...
Maruti Suzuki to phase out pure petrol-powered cars in 10 years
The move comes as Maruti, India's biggest car manufacturer, looks to update its product offerings in line with green targets set by the Indian government, the report said BENGALURU: Automaker Maruti Suzuki India will phase out vehicles that run completely on petrol in...
HDFC and HDFC Bank merger proposal gets nod from bourses
''The scheme remains subject to various statutory and regulatory approvals inter alia including approvals from the Reserve Bank of India, Competition Commission of India, the National Company Law Tribunal and the respective shareholders and creditors of the companies...
DICGC to pay depositors of two co-operative banks in August
Eligible depositors of Shankarrao Pujari Nutan Sahakari Bank will get the payment on August 10, and those of Harihareshwar Sahakari Bank on August 28, according to a DICGC circular DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5...
Karnataka govt approves setting up of 438 ‘Namma Clinics’
''We have permitted the start of 438 U-HWCs called Namma Clinic in Karnataka that we had announced in the budget under the 15th Finance Commission grants. Accordingly, we have given sanction for appointment of 438 doctors, equal number of nurses and second division...
New ‘alarming’ sub-variant of Omicron in 10 Indian states: Israeli expert
In a series of Tweets, Dr. Shay Fleishon, with the Central Virology Laboratory at Sheba Medical Center in Tel Hashomer, said that 85 sequences from eight countries have been uploaded so far on Nextstrain, an open-source platform of genomic data. This included 69 from...