M. Nagaraju, secretary, Department of Financial Services Further,...
Category:
Policy
Latest
India adopts techno legal approach for AI safety Vaishnaw
Ashwini Vaishnaw,Minister of Electronics and Information Technology...
AI not static, regulation must match pace of tech advancement: Nirmala Sitharaman
Nirmala Sitharaman, Finance Minister "Artificial Intelligence is...
Centre issues fresh ESA draft for Western Ghats following Kerala disaster
The draft notification suggests a complete ban on mining, quarrying, and sand mining, with existing mines to be phased out within five years ”from the date of issue of the final notification or on the expiry of the existing mining lease, whichever is earlier”.It also...
Air India suspends flights to Tel Aviv until August 8 due to escalating ME tensions
In a post on X, Air India stated, “In view of the ongoing situation in parts of the Middle East, we have suspended scheduled operation of our flights to and from Tel Aviv with immediate effect up to and including 08 August 2024.” New Delhi: Amid escalating tensions in...
Govt must provide additional disaster management funds to states without discrimination: Kharge
"The country is grappling with climate change, where floods, heavy rainfall, cloudburst and drought-like emergent situations have occurred in many states. For this, we will have to take steps by adopting a scientific approach, with the participation of all, by making...
Disaster Management (Amendment) Bill 2024 tabled in Lok Sabha
The bill is aimed to strengthen the efficient working of the National Disaster Management Authority and the State Disaster Management Authorities and has provisions for the constitution of Urban Disaster Management Authority for state capital and large cities having...
Govt formulates cashless treatment scheme for road crash victims Gadkari
Nitin Gadkari, Union Minister of Road Transport and Highways of India In a written reply in the Lok Sabha, Union Minister Nitin Gadkari said under the scheme, the eligible victims are administered health benefit packages relating to trauma and polytrauma care at...
Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank
The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...
India’s Carbon Market: Regulations expected in months
"Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.," Dirk Forrister, President and...
Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: DIPAM Secretary
Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) On the disinvestment of PSU banks, Pandey stated that the Department of Financial Services could provide more details, but he mentioned that it is not being pursued currently...
Fed leaves rates unchanged, nods to possible September cut
Fed Chair Jerome Powell While Fed officials are wary of any actions that could mar their data-not-politics approach to setting monetary policy, the steady drop in inflation in recent months prompted a broad consensus that the inflation battle was near an end...
Global accounting body wants more rigour in showing climate impacts
Investors have said they want to know whether assets will retain their value going forward as climate change impairs them, such as through flood damage London: The IASB launched a consultation on Wednesday on proposed guidance for companies to apply the board’s...