Finance Minister Nirmala Sitharaman “We have heard the voice of...
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Budget 2025: Insurers and experts hail game changing moves
The FDI limit being raised from 74% to 100% will prove to be a...
Budget 2025: FM exempts basic customs duty on 36 life-saving drugs; boosts medical tourism
Establishment of cancer care centres and enhanced social security...
Smaller cities and 30 plus investors drive the SIP growth story in the country
The report shows that India’s smaller cities are now leading the charge with 64% contribution of SIP inflows coming outside of top 10 cities that include metros and big business hubs like Bangalore and Hyderabad in 2021. There has been a gradual increase in SIP...
Govt will focus on reducing compliance burden: PM assures India Inc during pre-Budget meet
Prime Minister Narendra Modi The prime minister said the corporate sector should invest more in areas like agriculture and food processing, and talk about the shifting focus on natural farming New Delhi: Prime Minister Narendra Modi on Monday assured India Inc that...
More women beneficiaries joining insurance schemes PMJJBY, PMSBY, says govt
The schemes have seen significant growth in terms of the cumulative number of women enrolled in these schemes, the minister said. Under PMSBY there are 10,26,45,751 women beneficiaries and under PMJJBY there are 3,42,40,254 beneficiaries As many as 1,60,925 women were...
Delhi HC seeks Govt’s response on BBB’s power to select UII CMD
Legal observers point out that it will be interesting to watch how government will be responding to Delhi HC’s notice on an issue which not only affects Tripathy’s posting but also whole host of top level appointments in the public sector insurance companies in...
Over 2,000 people lost lives in natural disasters in 2021-22: Govt
According to data shared by the Jal Shakti Ministry in response to a question in Rajya Sabha, Maharashtra accounted for the highest number of deaths at 489, followed by 162 each in Gujarat and Uttar Pradesh. New Delhi: Over 2,000 people lost their lives due to...
ICICI Lombard partners Clove Dental for OPD Dental Insurance
The offering will be covered under the OPD benefit and will be available on a cashless basis to customers. This partnership is well poised to provide oral health support to Clove Dental’s consumers that will encompass all necessary dental treatment expenses under the...
161 Omicron cases reported in India, says Mansukh Mandaviya
"As of now, India has 161 Omicron cases…We are monitoring the situation daily with experts," the minister told Rajya Sabha while replying to debate on the COVID-19 situation New Delhi: India has reported 161 cases of new coronavirus variant Omicron, Union Health...
Investors lose Rs 11.45 trn in two days of market sell-off on Omicron scare
India has been undergoing a phase of consolidation in the last two months. Currently sell-off is due to rapid rise in FIIs selling triggered by hawkish world central banks' policy, cautious view on Indian market due to high valuation compared to peers and drop in...
Par panel expresses concern over delay in disposal of pensioners’ grievances
According to one estimate, by 2050, the share of population over the age of 60 is likely to increase significantly in the country, the report said “In view of such changes at societal level, we need to have a robust pension system for elderly which can help them...
Govt refutes speculation over LIC IPO’s delay, says it is ‘on course’
"Some media speculation doubting the feasibility of LIC IPO this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal," Secretary of Department of Investment and Public Asset Management tweeted New Delhi:...