According to the IMF’s latest projections, India’s economy is...
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EU adopts a new package of sanctions targeting Russia’s energy infrastructure
Along with a full transaction ban on two major Russian oil...
LIC denies Washington Post report, says made investments in Adani firms independently
The statement was in response to a report in The Washington Post...
Companies ‘Paralyzed’ as Australia plans tough climate rules
Authorities estimate the average cost of compliance to be A$1 million ($655,550) but some large organizations calculate the total is likely to be above A$3 million, said Jillian Button, head of climate change at law firm Allens Australia’s plans to introduce stringent...
No panel formed for extending benefits to cover citizens above 70 under Ayushman Bharat, says govt
Union Minister of State for Health Prataprao Jadhav said 34 insurers and third-party administrators were live and approximately 300 hospitals ramping up to start sending their claims on the National Health Claims Exchange (NHCX), which aims to streamline and fasten...
Uttarakhand CM calls for policies specific to Himalyan state’s needs
Pushkar Singh Dhami,Chief Minister,Uttarakhand The CM said that there was a pressing need to work on water conservation and increasing the ground water given the drinking water crisis in many cities. A Spring and River Rejuvenation Authority has been formed in...
Scindia promises 100% telecom connectivity in all villages in next 1 yr
Jyotiraditya M Scindia,Union minister for Communications and Development of North Eastern Region (DoNER) Special funds of about Rs 11,000 crore have been earmarked for flood management in Assam and Sikkim, and 100 new branches of India Post Payments Bank will come up...
4.78 crore candidates certified under under Pradhan Mantri Gramin Digital Saksharta Abhiyan: Govt
The beneficiaries were provided with 20 hours of training consisting of 5 modules namely (i) Introduction to digital devices, (ii) Operating digital devices, (iii) Introduction to the internet, (iv) Communications using the internet, (v) Application of internet...
Niti Aayog meet: Goa’s per capita income has increased manifold, says CM Sawant
“The per capita income of Goa has increased manifold from Rs 2,41,893 in the year 2013-14 to Rs 5,96,260 in 2022-23 (Q),” the chief minister told the 9th governing council meeting of the think tank, chaired by Prime Minister Narendra Modi Panaji: Goa’s per capita...
Eco- Survey flags off possible misinterpretation of principles-based regulations by private sector insurers
``Globally, the private financial sector has repeatedly shown itself to be adept at selective or misinterpretation of principles-based regulations to its benefit,’’ cautioned the report released on Monday adding that when it comes to financial products, globally,...
Centre to ensure safe & trusted AI, Internet platforms must curb deepfakes: Minister
Jitin Prasada,Minister of State for Electronics and IT From hefty penalties ranging from a minimum of Rs 50 crore to a maximum of Rs 250 crore on social media platforms for violating rules to enabling digital markets to grow more responsibly while safeguarding...
Budget 2024: TDS reduced on life insurance policy payout from 5% to 2%, receives positive responses from insurers
The introduction of a clause pertaining to non-deductible expenses in Section 37 for life insurance companies may lead to tax litigation. The proposed hike in Capital Gain Tax is expected to impact the tax liabilities for ULIP policyholders Rushabh Gandhi, MD &...
Govt to release financial sector vision, strategy document for 5 years, rules for FDI to be simplified
Shailaja Lall, Partner, Insurance & Reinsurance, Shardul Amarchand Mangaldas & Co, commented the budget has announced that there will be some simplification of the rules and regulations pertaining to FDI, which will be keenly awaited by foreign investors in...