During the hearing on Friday, the bench was told by senior advocate...
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NPS corpus touches Rs 14.4 lakh crore with 8.4 cr subscribers in FY 25: PFRDA chairman
L TO R- Deepak Mohanty, chairman,PFRDA , Nagaraju Maddirala,...
Investors’ wealth erodes by Rs 10 lakh cr as market benchmark indices sink over 1 pc
"The likelihood of retaliatory measures against the US has further...
IRDAI’s new norms to prompt insurers to launch innovative policies swiftly: Experts
The relaxed norms for launching insurance products, experts feel, will also make insurers more responsible as they would be held accountable for the products which are offered in the marketplace without prior approval of IRDAI Mumbai; IRDAI's decision to permit 'use...
SBI chief says loan demand is bouncing back
Dinesh Kumar Khara, chairman of State Bank of India Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara, chairman of State Bank of India That broadly mirrors a trend where loan growth in India's Rs 120 trillion ($1.5 trillion)...
Ayushman Bharat scheme has given benefits of Rs 7,000 cr to needy: PM Modi
Prime Minister Narendra Modi To empower the poor, it was necessary to make health care accessible, he said adding: "We have been working with a holistic approach to improve the health sector for the last eight years. We have emphasised on good nutrition, clean...
Govt issues new guidelines to prevent misleading advertisements
Penalties for violating the guidelines are also clearly outlined. CCPA can impose a penalty of up to Rs 10 lakh on manufacturers, advertisers and endorsers for any misleading advertisements. For subsequent contraventions, CCPA may impose a penalty of up to Rs 50 lakh....
Sebi warns investors against unregulated platforms offering algo trading
"Investors are therefore cautioned against dealing with such unregulated platforms and cautioned against sharing any sensitive personal details with such platforms," it added Mumbai: Capital markets regulator Sebi on Friday cautioned investors against dealing with...
Govt likely to invite preliminary bids for IDBI Bank privatisation next month: Official
The official said while the quantum of stake dilution of both the government and LIC is yet to be decided, the management control in IDBI Bank will be transferred in the strategic sale New Delhi: The government is likely to invite preliminary bids for privatising IDBI...
Govt ‘concerned’ about dip in LIC share price; calls it temporary blip
Tuhin Kanta Pandey, secretary,DIPAM ''We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders' value,'' DIPAM...
Life insurers can launch products without prior nod, says Irdai
The move will enable life insurers to launch most of the products (except individual savings, individual pensions and annuity) in a timely manner according to the dynamic needs of the market The board will have to also constitute a Product Management Committee (PMC),...
IRDA forms panels to implement RBC, IFRS, and Insurtech strategies
In order to take forward the process of setting out reforms for increasing insurance penetration and facilitating sustainable growth of the industry and to explore the emerging trends and opportunities such as technology based core processes, Insutech, Risk...
Cryptocurrencies akin to ‘a world of Carribean pirates’ in absence of regulation: CEA
V Anantha Nageswaran,Chief Economic Adviser The government is working on a consultation paper on cryptocurrencies and is taking inputs from various stakeholders and institutions, including World Bank and IMF New Delhi: Chief Economic Adviser V Anantha Nageswaran on...