Prime Minister Narendra Modi "Diseases linked to our lifestyle are...
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LIC emerges as 3rd top global insurance brands: Brand Finance
In terms of overall brand value, LIC holds the 12th position among...
India markets regulator to boost transparency, including on board conflicts, says new chairman
Tuhin Kanta Pandey,,Chairperson , Sebi "We will be coming forward...
Sachin Bansal’s Navi Technologies files draft papers with Sebi for Rs 3,350-cr IPO
Proceeds of the IPO will be used to invest in subsidiaries -- Navi Finserv Pvt Ltd (NFPL) and Navi General Insurance Ltd (NGIL) -- and for general corporate purposes Mumbai: Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise Rs 3,350...
EPFO interest rate reduced to 4 decade low at 8.1% for 2021-22
Now, after the CBT decision, the interest rate on EPF deposits for 2021-22 will be sent to the Ministry of Finance for concurrence. EPFO provides the rate of interest only after it is ratified by the government through the finance ministry New Delhi: Retirement fund...
Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital
Anil Ambani, Chairman, Reliance Group The Reliance Capital subsidiaries include Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Securities, Reliance Asset Reconstruction Company, Reliance Home Finance and Reliance Commercial Finance. The Reserve...
Sitharaman invites Canadian pension funds to invest in infra projects
"FM @nsitharaman complimented Canada for housing some of the largest and most successful pension funds globally and welcomed the investments from Canada into India, including in National Monetization Pipeline #NMP and National Infrastructure Pipeline #NIP," the...
FM expects India’s digital economy to see ‘exponential rise’ to $800 bn by 2030
"At the same time, the digital economy in India is being pegged at USD 85-90 billion in the calendar year of 2020 and that will see an exponential rise to USD 800 billion by 2030. They should be reaching USD 800 billion in the backdrop of increased internet...
Speculative and misinformed: Govt rejects report claiming Covid-19 death toll in India much higher
"Even the backlog in Covid mortality data submitted by the states at different times is reconciled in the data of Government of India on a regular basis. Furthermore, there is a financial incentive in India to report Covid deaths as they are entitled to monetary...
RBI bars Paytm Payments Bank from onboarding new customers
"The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of the IT...
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
The Securities and Exchange Board of India (SEBI) last month flagged concerns in proposing stricter disclosures, saying more and more new-age tech firms which "generally remain loss making for a longer period" were filing for IPOs, and traditional financial...
Govt to file final papers for LIC IPO with Sebi soon, says official
The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war and will decide on the timing of the initial public offering (IPO) of Life Insurance Corporation New Delhi: The government is planning to soon...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...