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FPIs pull out Rs 4,784 crore from Indian equities this week amid volatile bond market
With this week's outflows, the cumulative net investment by foreign...
Formulating CRI guidelines key to improving software patent review: Experts
The significance of these rules grows as recent developments in the...
Wealth Management: Record year for India’s $585 billion Mutual Fund industry
As the unforeseen gift of a pandemic-led boom in retail investing keeps on giving, and India’s $4.1 trillion equity market continues to grow — benchmark indexes are poised to cap a record eighth year of gains — industry veterans see mutual funds attracting a bigger...
Govt asks platforms not to carry ads of fraudulent loan apps; seeks swift removal of such apps
''One of the areas we are now cracking down on is advertising of fraudulent loan apps that many platforms are carrying and we have, through yesterday's advisory, made it clear that no intermediary can carry advertisements of fraudulent loan apps because it will be...
Centre issues advisory to social media intermediaries with focus on curbing deepfakes
"A formal advisory has been issued incorporating the ‘agreed to’ procedures to ensure that users on these platforms do not violate the prohibited content in Rule 3(1)(b)," Minister of State for Electronics and IT, Rajeev Chandradekhar said New Delhi: The government on...
No one wants used EVs, making new ones a tougher sell too
The problems are expected to intensify in 2024, when many of the 1.2 million EVs sold in Europe in 2021 will come off their three-year leasing contracts and enter the second-hand market. How companies tackle this problem will be key for their bottom lines, consumer...
‘Will find attackers of merchant navy ships even from depths of seas’, says Defence Min Rajnath Singh
"The Indian government has taken the drone attack on MV Chem Pluto and attack on MV Sai Baba in the Red Sea seriously. We will find those who executed the recent attacks on merchant navy ships even from the depths of the seas and take strict action against them,"...
COVID-19: India records 628 fresh cases, active caseload at 4,054
A total of 63 cases of COVID-19 sub-variant JN.1 have been reported in India till Sunday, December 24 New Delhi: India recorded a single-day rise of 628 new COVID-19 cases while the active caseload jumped to 4,054, according to Union Health Ministry data. The total...
FPIs pour 57,300-cr in equities in Dec on political stability, robust economic growth
The robust inflow from FPIs into the Indian stock markets can be attributed to various factors. Primary among these are political stability and positive sentiments prevailing in the Indian markets,said Himanshu Srivastava, Associate Director- Manager Research,...
Govt clears proposal to appoint EDs in PSU gen insurance companies, interviews for 9 EDs soon
The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has finally approved the proposal of the Department of Financial Services for framing of guidelines for appointment of EDs in all public sector general insurance companie Currently,...
Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers
According to an official release, Telangana Chief Minister A Revanth Reddy also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme Hyderabad: Telangana Chief Minister A Revanth Reddy Saturday said the...
IFSCA forms panel to formulate framework for green finance
The committee is chaired by Dhruba Purkayastha India Director for Climate Policy Initiative and has members including Shalabh Tandon, Interim Regional Director and South Asia Regional Head of Operations & Climate Change, IFC (World Bank Group), Prabodh Acharya,...