Finance Minister Nirmala Sitharaman In the new tax regime, the...
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Union Budget 2025:Insurance Reforms Bill with 100% FDI to be tabled soon, says Sitharaman
100% FDI proposal, larger reforms moves along with other Amendments...
Economic Survey urges insurers to address concerns on mis-selling, delayed claims settlements, AI, cybersecurity, and 3rd-party interactions
In the life insurance segment, there is a noticeable shift towards...
4 labour codes likely to be implemented by FY23 as many states ready draft rules
Union Labour Minister Bhupender Yadav in a reply to the Rajya Sabha earlier this week had said that the Occupational Safety, Health and Working Conditions Code is the only code on which the least number of 13 states have pre-published the draft rules New Delhi: The...
RBI favours total ban on cryptocurrencies
Nearly 15 million Indian retail investors representing 1.8 per cent of the population have invested over $6.6 billion in crypto assets Government is not likely to bring a bill on cryptocurrency in the ongoing winter session of the Parliament Lucknow: RBI discussed...
Traders brace for third Covid wave as Omicron cases rise in Delhi
"We will soon be asking all our traders to enforce Covid protocols in their shops. In the last 10 days, there has been visible decrease in footfalls in the market. The business is slowing down due to the increasing cases of Omicron in the city," said Sanjay Bhargava,...
ICAI to soon get powers to act against erring partnership firms
As part of efforts to bolster the disciplinary mechanism of the ICAI as well as the institutes of cost accountants and company secretaries, Corporate Affairs Minister Nirmala Sitharaman on Friday introduced a bill in the Lok Sabha to amend the Acts governing these...
Govt saves Rs.2.25 lakh crore by DBT to the genuine beneficiaries through Aadhaar
Saurabh Garg, CEO,UIDAI "We want to use new technologies like Artificial Intelligence, Blockchain and machine learning to strengthen Aadhaar and to make it more secure and the last thing I want to focus on is information security and privacy.Aadhaar architecture is...
Competition Comm suspends approval for Amazon-Future Coupons deal; slaps Rs 202 cr penalty on e-retaile
The watchdog noted that Amazon had failed to disclose true and complete details of the purpose of the combination, which were required to be given while seeking the approval New Delhi: In a significant development, the Competition Commission on Friday suspended its...
Bajaj Allianz General Insurance launches health product
Bajaj Allianz General Insurance on Friday launched a new product in its health insurance vertical offering cashless facilities in four key areas -- tele-consultation, doctor consultation, investigations, and annual preventive health check-up covers. Called 'health...
Three dead, 10 injured in fire at India’s Gujarat Fluorochemicals plant
The company did not give additional details about the fire, but according to local media reports there was an explosion at the site at around 10:00 a.m. local time that could be heard several kilometers away Shares of the company tumbled 8.4% earlier in the day on the...
LIC to take legal action against misuse of Its logo on social media platforms
"It has also come to our notice that certain unscrupulous service providers and agents have created websites and Apps whereby they are attempting to provide various services such as 'Insurance and Insurance Advisory Services' to customers using our trademarks/service...
Bank strike delays clearance of 38 lakh cheques worth Rs 37,000 crore
About one lakh bank branches remain closed and some others headed by senior officials were kept open as they did not participate in the strike Venkatachalam said the strike is against the Centre's move to privatise public sector banks (PSB) and to introduce the...