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...
EU agreement on ESG Ratings seen as world’s toughest
Under the agreement, ESG ratings providers based in the EU “will need to obtain an authorization” from the European Securities and Markets Authority, the Council said A provisional agreement in the European Union setting guardrails around the ESG [environmental,...
Europe gains powers to tackle supply chain emergencies
The move was also spurred by the row with AstraZeneca in 2021 over delays in delivering COVID-19 vaccine doses to the 27-country European Union EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of...
Premiums for disaster-prone areas need to be subsidised: Parl panel
This may require a specialized insurance business to be set up by one of the PSU general insurance companies with subsidized premiums for disaster-prone areas, the panel said The government may need to consider how to provide insurance for projects that have to deal...
House panel recommends reduction of GST on health, term and micro insurance policies
Jayant Sinha, chairman, Parliamentary Standing Committee on Finance The Committee is in favour of allowing composite licensing that could provide further impetus to the insurance sector owing to its various benefits New Delhi: The Parliamentary Standing Committee on...
Availability of containers not affected due to Red Sea crisis: Patel
Minister of State for Commerce and Industry Anupriya Patel said that Indian Navy has substantially enhanced maritime surveillance efforts in central/north Arabian Sea and augmented force levels. For effective surveillance of EEZ (exclusive economic zone), Indian Navy...
Thousands of accounts at Paytm Payments Bank set up improperly – sources
The Reserve Bank of India (RBI) is concerned that some of the accounts could have been used for money laundering, Multiple accounts at Paytm Payments Bank were linked to the same identification proof and that transactions in those accounts ran into millions of rupees....
More than 3.4 lakh cervical cancer cases reported in India: Govt
A population-based initiative for prevention, control and screening for common NCDs, such as diabetes, hypertension and common cancers, has been rolled out under the NHM and also as a part of comprehensive primary healthcare.Under the initiative, those aged above 30...
Europe within reach of landmark AI rules after nod from EU countries
Tech lobbying group CCIA which counts Alphabet's Google , Amazon, Apple and Meta Platforms as members, warned of roadblocks ahead Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models such as Microsoft-backed...
Climate change, illegal construction, greenery loss increasing disaster risk in Himalayas: NDMA
''Vulnerabilities that arose due to unplanned and non-scientific developments in the fragile Himalayan ecosystem were exacerbated by floods resulting from the convergence of monsoon winds and western disturbances in July-August 2023, leading to significant...
Insurers need not seek its prior-approval for going public: IRDAI
The IRDAI will soon provide more clarity on capital structure of the applicants seeking new registration and provide more clarity on applicability of requirement of prior- approval for transfer of shares Hyderabad: Announcing some key measures, Indian insurance...