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Over 1,000 construction sites in Mumbai served stop-work notices: Minister
“We are following a strict escalation matrix for violators....
FSIB selects Hitesh Joshi as new CMD of GIC Re
Hitesh Joshi,executive director & acting CMD, GIC Re ``Keeping...
Govt will continue with reforms to make India a developed nation by 2047: PM Modi
Prime Minister Narendra Modi "We are soon going to become the third-largest economy in the world. Experts are saying that India's contribution to the world's growth is going to be around 20 per cent very soon," Prime Minister Narendra Modi noted. New Delhi: Prime...
Govt temporarily suspends booking of postal services destined for US from Aug 25
The Department of Posts has taken note of the Executive Order issued by the US Administration on July 30, 2025, under which the “duty-free de minimis exemption for goods valued up to $800 will be withdrawn with effect from August 29, 2025. Consequently, all...
India on brink of health crisis, surge in diabetes, heart disease and cancer: Doctors sound alarm
"Our ultimate goal should be universal healthcare. While India has progressed, disparities persist. We need strong ethical practices and regulatory courage, particularly in drug pricing and hospital costs, to make healthcare equitable," Dr DS Rana, Chairman, Board of...
Japan’s NEXI signs reinsurance agreement with ECGC
Under this agreement, NEXI will underwrite reinsurance for export credit insurance underwritten by ECGC for Japanese companies in India exporting goods from India to third countries, including those in Africa NEXI is in the process of registering as a reinsurer with...
Fraudulent MF redemptions by impersonators threat to investors confidence: Sebi official
Amarjeet Singh, Whole Time Member, Sebi Reiterating the need for vigilance, Sebi Whole Time Member Amarjeet Singh said, "Beyond investment risks, we must also be mindful of operational risks that can undermine investor confidence. One such concern is the menace of...
AMFI inks pact with Department of Posts to train one lakh postmen to distribute mutual funds
"Over the years, mutual funds have democratised access to markets, turning disciplined savings into a powerful engine of wealth creation. The journey ahead is about expanding this reach even further, especially to new geographies and first-time investors, while...
GST Council to meet on Sep 3-4 to discuss moving to a two-rate structure
Nirmala Sitharaman,Union Finance Minister The council, comprising finance ministers of all states and UTs besides the Centre, will deliberate on the recommendations by the three GoMs on rate rationalisation, compensation cess and health and life insurance New Delhi:...
Healthcare Providers’ body asks hospitals to end cashless tie-up with Bajaj Allianz over low reimbursement rates
"We are confident of working amicably with AHPI and its member hospitals to arrive at a solution that is in the best interests of our customers," Bajaj Allianz General Insurance head (Health Administration Team) Bhaskar Nerurkar said in a statement. New Delhi: The...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report
HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic
"A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit their...