The New India Assurance Company Limited on Tuesday said that it has...
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FSIB recommends R Chander as MD of LIC
The Financial Services Institutions Bureau (FSIB) interviewed five...
Govt gets 3,000 complaints of misleading discounts after GST cuts
"If there are too many complaints from different sectors, then they...
Bombay HC quashes amended IT Rules on fake news; speaks of their `chilling effect’
The amended rules provided for the establishment of a fact checking unit (FCU) with powers to flag misleading or false online content concerning the government. Observing that the amended rules infringed the right to equality and freedom of speech, the court also said...
India on track to becoming third-largest economy by FY31: S&P report
The country has emerged as the fastest-growing large economy at an 8.2 per cent growth rate in FY24, significantly exceeding the government's earlier estimate of 7.3 per cent Mumbai: India is on track to become the third-largest economy by fiscal 2030-31, driven by a...
Govt probes EY’s ‘work environment’ after death of young employee
Shobha Karandlaje, Union Labour Minister "A thorough investigation into the allegations of an unsafe and exploitative work environment is underway," Labour Minister Shobha Karandlaje posted, on X NEW DELHI: India is investigating the work environment at Big Four...
U.S. Fed slashed interest rates by half a point in its first cut since 2020, more expected
Fed Chair Jerome Powell Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range Washington:...
‘Samanvaya’ portal for data exchange among police forces on cyber criminals’ activities MHA
The portal will act as a data repository of cybercrime, data sharing, crime mapping, data analytics, cooperation and coordination platform for the Law Enforcement Agencies across the country. The Ministry of Home Affairs aims to raise 5,000 cyber commandos in five...
Russian insurance shores up cheaper oil exports to top buyer India
By using Russian insurers, Moscow can sell the oil above a $60 per barrel price cap that the Group of Seven (G7), the European Union and Australia imposed aiming to limit Russia's oil revenue following its invasion of Ukraine. Over 60% of Russia's seaborne oil exports...
France uses tough, untested cybercrime law to target Telegram’s Durov
Pavel Durov, CEO, Telegram The so-called LOPMI law, enacted in January 2023, has placed France at the forefront of a group of nations taking a sterner stance on crime-ridden websites. But the law is so recent that prosecutors have yet to secure a conviction PARIS:...
Women want equal opportunity: SC objects to Bengal’s ‘no night duty’ policy for women doctors
The court questioned the West Bengal Government notification that barred women for doing night duties and women doctors cannot working beyond a 12-hour-shift New Delhi: The Supreme Court on Tuesday said that the West Bengal Government cannot stop women doctors from...
Rate cut to be based on long-term inflation trajectory: RBI Governor
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision," Reserve Bank of India (RBI) Governor Shaktikanta Das...
Indians earning over Rs 10 crore per annum up 63 %, Rs 5 crore per annum up 49 %: Centrum
"The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800," said the report New Delhi: The number...