``India's private sector insurers continue to reinforce their...
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Govt issues draft rules to make e-com accountable, seeks comments by Feb 15
For imported goods, platforms must display importer, packer, and...
Karnataka High Court rules employer can’t forfeit gratuity without recovery proceedings
The judgment clarified that dismissal is a punitive action taken...
Supply chain constraints to dent Maruti Suzuki production levels in Dec
Due to supply constraints, the company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and Gujarat (Suzuki Motor Gujarat Pvt Ltd), owing to a supply constraint of electronic components impacted by shortage of semiconductor...
Indian economy grows 8.4 pc in July-September, surpasses pre-COVID level
Financial, real estate and professional services growth stood at 7.8 per cent in Q2 FY22 compared to a contraction of 9.1 per cent. This year, a massive second wave of the pandemic hit the country in the middle of April, which forced states to impose fresh...
No proposal to merge public sector general insurance companies: MoS Karad
Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
Cyclonic storm likely to hit Odisha, Andhra coasts Saturday morning: IMD
The Met office predicted "heavy to very heavy rainfall and extremely heavy falls" at isolated places over coastal Odisha and "heavy to very heavy" rainfall at isolated places over adjoining interior districts of Odisha, coastal districts of West Bengal and north...
New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha
On asked if the government proposes to ban misleading advertisements in media, she said the guidelines of Advertising Standards Council of India are being studied and their regulations are also being looked into ''so that we can take, if necessary, some kind of...
Omicron: Govt extends containment measures till Dec 31 amid global concerns
While underlining that the new variant doesn't escape RT-PCR and RAT tests, Bhushan asked states and UTs to ensure adequate infrastructure and supervised home isolation, according to a health ministry. Bhalla also said that the contacts of the international travellers...
No decision on nationwide NRC yet: Govt in LS
The Government has not taken any decision to prepare National Register of Indian Citizens (NRIC) at the national level, he said in a written reply to a question, said Union Minister of State for Home Nityanand Rai . New Delhi: The government has not taken any decision...
Star Health raises Rs 3,217 cr from anchor investors ahead of IPO
Monetary Authority of Singapore, Government of Singapore, Abu Dhabi Investment Authority, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, BNP Paribas Arbitrage and Societe Generale are among the anchor investors Mumbai: Billionaire investor Rakesh...
RBI supersedes Reliance Capital board, to start bankruptcy proceedings against firm
In a statement on its website, the central bank said it has superseded the board, “in view of the defaults by RCL (Reliance Capital Ltd) in meeting the various payment obligations to its creditors and serious governance concerns which the board has not been able to...
Over 12k depositors of B’luru-based coop bank receive deposit insurance cover of Rs 401 cr
DICGC has paid the claims of up to Rs 5 lakh without deducting the Rs 1 lakh already paid by the bank and also up to Rs 5 lakh paid by the bank for treatment of critical illness Last year, the government brought cooperative banks under the purview of the RBI by...