''Within the next 2 years we will be closely observing whether the...
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RBI shifts 100 tonnes of gold from vaults in UK to India to save storage cost
The central bank held 822.10 tonnes of gold as part of its foreign...
Online payment frauds jump over 400% in India:RBI data
"Fraudsters are getting sophisticated by the day, while financial...
IRDAI modifies norms to check arbitrary rise of health premiums by insurers
The IRDAi has said the appointed actuary of an insurance company should review the financial viability of every health insurance product at the end of every financial year and the report of such review should be submitted to their board along with the analysis of favorable or unfavorable experience of each product as well as recommended corrective action, to ensure sustainability of the product and to protect the interests of policyholders of the underlying product.
SBI, ICICI, HDFC, Axis Bank, PNB and the Indian IT department targeted in phishing scam
The suspicious links originate from the US and France, said the report, adding that the campaign is collecting personal as well as banking information from the user and getting into this type of trap could cause a massive financial loss for the users.
Automating day-to-day transaction processing among priorities for finance leaders: Survey
Leading consultancy EY India’s survey on ‘digital disruption in finance’, released on Tuesday, also showed that around 92 per cent of finance leaders in India have started their journey to introduce digital interventions in finance but only 11 per cent believe they are at an advanced stage.
India records 24,492 new COVID-19 cases, 131 deaths; infection tally crosses 1.14 crore
The total cases in the country rose to 1,14,09,831, while the death toll increased to 1,58,856 with 131 fresh fatalities, the ministry data updated at 8 am showed.
Renewal of registration for 15-yr old govt vehicles to stop from Apr 1, 2022: Draft notification
“From April 1, 2022, government departments will not be able to renew the certificate of registration of their vehicles, after 15 years. This will apply to all government – central, state, UT, PSUs, municipal bodies & autonomous bodies,” the Ministry of Road, Transport and Highways said in a tweet.
India records 26,291 new cases, highest single-day rise in 85 days
Registering an upward trend for five days in a row, the total active caseload has gone up to 2,19,262 which is 1.93 per cent of the total infections in the country, while the recovery rate has dropped to 96.68 per cent, the data stated.
Funding from family philanthropy in India triples to Rs 12,000 cr in FY20: Report
As per the report, in FY 2020, private-sector funding which stems from four sources including foreign, corporate, retail, and high-net-worth individuals (HNIs) or families totalled about Rs 64,000 crore and 20 per cent of this came from family philanthropy
Jal Shakti Minsitry launches famework for water quality testing, monitoring
According to a 2018 assessment by the Central Ground Water Board, 52 percent of all the blocks in the country have inter alia any one of the geogenic contaminants like arsenic, chloride, fluoride, iron, nitrate, and salinity. Nearly 20 states in India have drinking water sources contaminated with arsenic, fluoride, nitrate, iron, salinity, or heavy metals.
Govt to take care of job loss, other facilities in strategic divestment: Thakur
Four sectors of atomic energy, space and defence; transport and telecommunications; power, petroleum, coal and other minerals; and banking, insurance and financial services would be strategic sectors. The rest will be non-strategic sectors, he said.
Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha
The move is seen as an attempt to prevent hoarding of the high-value currency and thus, curb black money.
The Rs 2,000 notes were introduced in November 2016, soon after the government withdrew Rs 500 and Rs 1,000 notes in an attempt to curb black money and fake currencies.
While a new Rs 500 note was printed, Rs 1,000 currency notes were discontinued. Instead, Rs 2,000 note was introduced.