If each of the 10 richest Indian billionaires were to spend USD one million daily, it would take them 84 years to exhaust their current wealth, while an annual wealth tax applied to multi-millionaires and billionaires would raise USD 78.3 billion a year that would be...
Policy
No one can be forced to get vaccinated against their wishes: Centre to SC
"It is submitted that the direction and guidelines released by Government of India and Ministry of Health and Family Welfare do not envisage any forcible vaccination without obtaining consent of the concerned individual.It is submitted that vaccination for COVID-19 is...
FPIs invest Rs 3,117 cr in Indian markets in Jan so far
With Union Budget around the corner, FPIs would like to get more clarity and direction from the government about its roadmap towards economic growth before investing substantially in the country’s capital markets. Mumbai:Foreign portfolio investors (FPIs) reversed the...
UK to abolish PCR Test for vaccinated people returning to country: Reports
"We are looking at removing all COVID tests for vaccinated travelers by the end of January, which is likely to coincide with the review of the plan B measures on January 26," the source said, as quoted by the media London:The United Kingdom will abolish mandatory...
“Provide separate bucket for life insurance premium, tax-free annuity in Budget”
The Rs 1,50,000 limit for tax rebates is a pretty cluttered bucket and it does not give much space for the life insurance premiums (to get the full benefit of tax exemption), Karthik Raman, CMO and Head - Products, Ageas Federal Life Insurance, told PTI Life insurers...
Jan 16 will be celebrated as “National Start-up Day”:PM Modi
Modi said that India is continuously strengthening its image as the world's largest millennial market lnvestments into the startups have increased from USD 11 billion to USD 36 billion 46 startups along with 1 incubator and 1 accelerator with the National Startup...
Budget session of Parliament to begin on Jan 31
The Union Budget for 2022-23 will be laid in the Rajya Sabha after its presentation in Lok Sabha on Tuesday, February 1 at 11.00 am New Delhi: Budget session of Parliament is set to commence on January 31 and will conclude on April 8. The first half of the budget...
LIC’s mega IPO to hit markets by March
Officials are working on the valuation of the company which manages more than $450 billion of assets, and once that is done they will issue a draft IPO prospectus for investors, a government and two banking sources with direct knowledge of the matter said. New Delhi:...
ANALYSIS-India’s new COVID-19 rules aim to free up resources but carry risks
"This new strategy will affect data from rural India or certain states in a disproportionate way," said Bhramar Mukherjee, an epidemiology professor at the University of Michigan. "It will be harder to predict upcoming hotspots and epicenters," she added, which would...
Universal health care bill advances in California Assembly
first step toward abolishing the private health insurance market in the nation’s most populous state and replacing it with a government-run plan that they promised would never deny anyone the care they need SACRAMENTO, Calif: California Democrats on Tuesday took their...