From April 1, 2025, the government has introduced UPS as an option...
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Global Expansion: India Inc needs a multi-dimensional shield
Vaibhav Luthra, Tax Partner, EY India said, “India’s global...
Govt will continue with reforms to make India a developed nation by 2047: PM Modi
Prime Minister Narendra Modi "We are soon going to become the...
India now has over 300 Family Offices from 45 in 2018 with smaller cities in focus: Report
Family Offices have also evolved into holistic service providers, championing ESG and technology for sustainable wealth New Delhi: Driven by robust economic growth in India, the country now has over 300 Family Offices as against 45 in 2018 who are catalysing the...
Poverty declines to 8.5% in 2022-24 from 21.2% in 2011-12: NCAER paper
According to the paper, during an era of economic growth, when opportunities increase, the long-term determinants of poverty may decline while accidents of life associated with natural disasters, illness and death, and changes in occupation-specific opportunities may...
Vaishnaw calls for global collective efforts to deal with risks, dangers posed by AI
“The whole package… the whole AI Mission which was approved by the Cabinet a couple of months back… the team is working on setting the foundation and all seven pillars… and maybe in two-three months we will be launching this mission,” Vaishnaw said while speaking at...
China refines financial stability law to strengthen risk prevention
The bill aims to establish a comprehensive cross-agency mechanism for risk detection and mitigation within the financial system, as the country grapples with a prolonged real estate crisis and vulnerabilities in smaller banks China’s new financial stability law draft...
Government working on aggregation of CA firms, accounting standards for insurance sector
Apart from the aggregation of CA (Chartered Accountants) firms, the corporate affairs ministry is also working on having accounting standards for the insurance sector and Limited Liability Partnerships (LLPs), Corporate Affairs Secretary Manoj Govil said New Delhi:...
Climate change can no longer be ignored: CJI
D.Y. Chandrachud,Chief Justice of India The CJI said he was delighted to know that these new GRIHA-rated court buildings will focus on heat island mitigation and reduce environmental footprint. Green Rated Integrated Habitat Assessment (GRIHA) -- a rating tool that...
Insurance premiums for climate resilience and NatCat protection are set to increase by 50% by 2030, to reach $200-250 billion, says report
Whilst insurance promises to be a great enabler to unlocking the transition and adapting economies to a new climate era, it will require a paradigm shift in how risk management is prioritised if climate finance is to be deployed and businesses are to secure their...
EPFO’s gross new subscribers addition declined by over 4 per cent to 10.9 million in 2023-24
The report also showed that the gross addition of members of Employees' State Insurance Corporation (ESIC) also dipped to 16,760,672 in 2023-24 from 16,773,023 in 2022-23 New Delhi: Retirement fund body EPFO's gross new subscribers addition declined by over 4 per cent...
AP Govt to disburse hiked welfare pensions on July 1
N Chandrababu Naidu,Chief Minister,Andhra Pradesh Over 65 lakh beneficiaries under 28 categories will benefit. The new government has also increased pensions to eligible specially-abled persons from Rs 3,000 per month to Rs 6,000 per month Amaravati (Andhra Pradesh):...
Delhi airport roof collapse raises concerns over Govt’s massive infra push
The issues cast a harsh spotlight on Modi’s building spree, which officials are leaning on to boost development in the world’s fastest-growing major economy. According to Bloomberg Economics, 44.4 trillion rupees ($532 billion) worth of new infrastructure will become...