The Financial Services Institutions Bureau (FSIB) interviewed five...
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Govt gets 3,000 complaints of misleading discounts after GST cuts
"If there are too many complaints from different sectors, then they...
Govt proposes sound alert system for all electric vehicles from October 2027
The ministry in a draft notification said that all new models of...
Act against unsafe helmet makers to boost road safety: Centre to district officials
"Helmets save lives, but only if they are of good quality. This initiative is crucial in removing unsafe helmets from the market and educating consumers about the importance of BIS-certified products. We urge all stakeholders to actively participate in this campaign...
FPIs withdraw Rs 85,790 cr from equities due to Chinese mkt valuation
Looking ahead, the trajectory of global events like geopolitical developments and interest rate movements will play a crucial role in shaping future foreign investment in Indian equities, Himanshu Srivastava, Associate Director, Manager Research, Morningstar...
Aadhaar Card not valid document for determining age of a road accident victim to grant compensation: SC
The top court was hearing an appeal filed by kin of a man who died in a road accident in 2015.When it came to determining the age, the top court accepted the contention of the claimant-appellants before it and upheld the judgment of the Motor Accident Claims Tribunal...
Nothing stops pvt sector from coming and doing business In India: Nirmala Sitharaman
Nirmala Sitharaman,Union Finance Minister When asked about prospects for private sector engagement, particularly in banking and insurance, Sitharaman responded, "Nothing stops them from coming and doing business. There are actually many private banks already in India,...
Income disparity in India has declined 74.2% since FY14, reveals SBI study
"Our analysis shows that there has been a cumulative 74.2% decline in income disparity coverage for those earning up to Rs 5 lakh. This shows the continuous efforts of Govt are reaching the bottom of pyramid that is leading to increase in income of 'lower income...
Siddaramaiah launches ‘Gruha Arogya’ initiative
Siddaramaiah,Chief Minister,Karnataka This scheme, a flagship program of the Department of Health and Family Welfare for the control and management of non-communicable diseases seeks to reach underprivileged sections and ensure timely detection of diseases, officials...
Centre launches 21st Livestock Census at Rs 200 cr cost data to help Govt frame right policies
Union Minister Rajiv Ranjan Singh, who is Minister of Fisheries, Animal Husbandry, and Dairying, also launched a USD 25 million 'Pandemic Fund Project' to strengthen animal health security in India for pandemic preparedness and response New Delhi: Union Minister Rajiv...
FSIB selects 5 EDs for PSU general insurance cos
Ayyappan Chakravarty Seshadri, general manager, New India Assurance(NIA) has been kept as a standby candidate for the ED post at Agriculture Insurance Company(AIC) in case Lavanya Mundayur, who has already been recommended for the post CMD of the company(AIC),...
Market Crash: Investors poorer by Rs 9.19 lakh cr in single day
"There has been no respite from FIIs selling in local equities in the current month so far, which has been creating uncertainty among domestic investors. Also, foreign investors are fleeing Indian equities to invest in relatively cheaper locations such as China,...
EU AI Act checker reveals Big Tech’s compliance pitfalls
Companies failing to comply with the AI Act will face fines of 35 million euros ($38 million), or 7% of global annual turnover Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...