In an order, the Central Board of Direct Taxes (CBDT) said "to...
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RBI may cut interest rates further and keep liquidity flush as economy braces for trade turmoil
Sanjay Malhotra, Governor, Reserve Bank of India Since taking...
Govt discontinues parts of gold deposit scheme amid rising prices
The move is likely to reduce the government's future obligations...
GI Council looks for a new secretary general
With the new IRDAI chairman Debasish Panda having already announced that the GI Council will be converted into an out out a professional body to deal with data and new innvative ideas, it is expected that the new secretary general will play a key role in the changing...
Heat waves, floods and heavy rain: India battling climate change and it is getting worse, warn experts
The scientists said if the frequency of heat waves continues as is predicted, these will adversely impact food, water and energy security in the region New Delhi: The spectre of climate change is here to stay and even worsen, say climate scientists as searing winds...
PNB MetLife launches Dental Care Plan with dental OPD benefits
Data from Allied Market Research indicates that the Indian dental insurance industry would be worth $ 3.65 billion by 2030 New Delhi: PNB MetLife India Insurance launched the PNB MetLife Dental Care Plan, the first insurance plan in India that covers fixed-benefit...
Chardham Yatra : 39 pilgrims die on route due to health reasons
"Most of the deaths of all the pilgrims have taken place on the travel routes. The cause of death of all has been high blood pressure, heart attack, and mountain sickness," said Uttarakhand Director-General Health Dr Shailja Bhatt As many as 39 pilgrims have lost...
Paytm drops plans to acquire Raheja QBE General, to file for a new general insurance license
Vijay Shekhar Sharma, founder and CEO, Paytm The company in the exchange filing said, ''Our associate company, Paytm Insuretech Private Limited, had entered into a share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Limited. As the share...
Poor workers bear the brunt of India’s heatwave
More than two dozen people have died of suspected heat strokes since late March, and power demand has hit multi-year highs Federal government data showed that heat stress was the most-common cause of death, after lightning, from forces of nature in the last twenty...
Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel
Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies "can replace a part of monetary system it will also undermine...
IMD issues two-day red alert in five Kerala districts ahead of monsoons
"We held a meeting on Saturday, chaired by the Chief secretary. Directions have been issued to all district collectors and other concerned authorities. As of now, the rivers are not overflowing. We have issued special directions to hilly districts and hazard analysts...
Frauds in PSBs dip 51 pc to Rs 40,295 crore; number of cases not falling fast enough: RBI
According to the RBI data on frauds reported by PSBs in all categories during FY22, the highest amount of Rs 9,528.95 crore was reported by the city-based Punjab National Bank (PNB), involving 431 such incidents The country's largest lender State Bank of India...
Foreign investors’ relentless selling continues; pull out Rs 25,200 cr from equity mkt in May so far
Going ahead, FPIs selling will continue in the coming weeks as heat waves in the market and outside will make investors sweat a bit more, Vijay Singhania, Chairman, TradeSmart, said, adding that the selling has resulted in FPI's stake in Indian companies falling to...