Swaminathan S. Iyer, Member-designate, Life, IRDAI ``The...
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S&P cuts India’s FY26 GDP growth forecast to 6.5 pc
"The Reserve Bank of India will cut interest rates by another 75...
India’s financial system resilient, diverse: IMF report
The report observed that India's insurance sector is strong and...
Commercial vehicle industry to see double-digit growth this fiscal: Tata Motors’ Girish Wagh
''Then a lot of work is happening in the housing sector in urban areas. Consumption overall is going up and the rural growth story is intact. All these put together, I do see that the commercial vehicle industry should see a good growth this year,'' Tata Motors...
Sebi constitutes advisory panel on ESG-related matters
The terms of reference of the committee include enhancements in business responsibility and sustainability report, ESG ratings and ESG investing Mumbai: The committee will be headed by HDFC Mutual Fund Navneet Munot, the Securities and Exchange Board of India (Sebi)...
DGCA warns of strict action, penalty against airlines wrongly denying boarding to passengers
"It has come to the notice of this office that various airlines are denying boarding to passengers holding confirmed tickets on a flight, although they have presented themselves for boarding within the time specified by the airline. This practice is extremely unfair...
FM Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain
Finance Minister Nirmala Sitharaman The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same the anonymity is what … one...
LIC IPO day 4: Total subscription at 1.66 times, NII portion fully booked
However, the Qualified Institutional Buyer (QIB) category received a poor response as just 0.67 per cent of the shares earmarked received the bids on the fourth day of the IPO Mumbai: Shares reserved for non-institutional investors, including high networth...
FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May
FPIs remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities The ongoing geopolitical environment following Russia's invasion of Ukraine also weighed on FPIs buying sentiment New Delhi: Continuing its...
Govt aims to develop vehicle scrapping facilities within 150 kms from city centres
''Developing a large number of vehicle scrapping centres, we can also develop multiple authorized collection centres of vehicle scrapping units in one city, which will have the authority to deregister a vehicle and issue deposit certificates,'' he said New Delhi: Govt...
Indian states ready with plans to mitigate heatwave impact, official says
The National Disaster Management Authority (NDMA) has categorised 23 of India's 28 states and some 100 cities and districts as being at risk of suffering extreme heat. Nineteen states have already made their own heat-action plans and some others are working on them,...
LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday
Retail individual investors bid for 8.53 crore shares as against 6.9 crore shares set aside for this segment -- translating into oversubscription of 1.23 times Of the total, the policyholders' portion was subscribed a little over four times, while that for employees...
Global tech industry body seeks revision in India’s directive on reporting of cyber security breach
ITI has raised concerns over the mandatory reporting of breach incidents within six hours of noticing, to enable logs of all ICT systems and maintain them within Indian jurisdiction for 180 days, the overbroad definition of reportable incidents and the requirement...