The statement was in response to a report in The Washington Post...
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US sanctions Russian oil majors over Ukraine, prompting jitters in India and China
The sanctions target oil giants Rosneft and Lukoil, which between...
Digital payment adaptability in India reaches 87%: FM Sitharaman
India is recognised as a world leader in digital payments,...
Govt clears ‘Mission Mausam’ with an outlay of Rs2,000 cr for transformative initiatives on climate-related science
The mission's focus will include improving observations and understanding for providing highly accurate and timely weather and climate information across temporal and spatial scales, including monsoon forecasts, alerts for air quality, extreme weather events and...
GST Council defers any decision on reduction of taxes on Health and Life covers
The council has recommended to constitute a Group of Ministers (GoM) to holistically look into the issues pertaining to GST on the life insurance and health insurance.The GoM members are Bihar, UP, West Bengal, Karnataka, Kerala, Rajasthan, Andhra Pradesh, Meghalaya,...
Health ministry releases ‘Health Dynamics of India 2022-23’ report
Apurva Chandra,Union Health Secretary The publication gives Comparative Analysis, District-Wise Data: Offering district-level details of health facilities, Rural, Urban, and Tribal Focus, details about infrastructure and manpower in rural, urban, and tribal areas,...
Flood fury causes massive damage in Telangana. State govt put initial estimate at Rs 5,438 cr
Crops have been damaged in about five lakhs of acres, canals and ponds breached, bridges, roads and railway tracks were washed away and electric sub-stations and electric poles were damaged.state government has put the initial estimate at Rs 5,438 crore. Hyderabad: A...
GST Council meet: Taxation on insurance premium, rate rationalisation key hopes
Nirmala Sithraman,Union Finance Minister The meeting is going to deliberate upon whether to reduce the tax burden on health insurance from the current 18 per cent or exempt certain categories of individuals, like senior citizens. New Delhi: With an aim to ensure less...
Average household spending on food less than half for 1st time in modern India
However, this decline was more substantial for the bottom 20 per cent of the households in rural and urban areas. In all likelihood, this reflects the effectiveness of the government's food security policies, which provide free food grains to large numbers of...
Cyber Protection: Public-private action to bridge gap and boost resilience
Mario Greco, Group Chief Executive Officer, Zurich Insurance Group, said: “The threat of cyberattacks poses a significant risk to both societal and economic stability. As insurers, we can offer some degree of protection, but we must acknowledge that large-scale,...
Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27
“These IDs, created and maintained by the state governments/union territories, will be linked to various farmer-related data, including land records, livestock ownership, crops sown, and benefits availed,” said the government New Delhi: In a bid to empower the...
Presence of women directors in active companies grew three-fold in last 10 years, says FM Sitharaman
Women are also rising on the corporate ladder and in the startup and financial technology space, about 18 per cent of 111 unicorns (valued at USD 1 billion) are led by women in India, said Nirmala Sitharaman,Union Finance and Corporate Affairs Minister Chennai: The...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional investors put Rs 2,284 crore bids for GIC Re shares as of 3:20 pm on Wednesday. Retail investors will get to bid in the OFS on Thursday New Delhi: Institutional investors on Wednesday placed bids...