The draft cyber security rules published on June 24 proposed to...
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Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr
"FIIs continued to pare holdings due to the narrowing yield spread...
French investigators order Tesla to stop ‘deceptive business practices’
Investigators at the finance ministry’s Competition, Consumer...
LIC receives GST notice for Rs 806 crore
LIC will file an appeal before the Commissioner (Appeals), Mumbai, against the said order within the prescribed timeline. The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore New Delhi: The Life Insurance Corporation of...
FPIs inject Rs 1.7 trn into Indian equities in 2023, uptick in flows in Dec
The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust. However, their allocation is likely to be selective, said Kislay Upadhyay - smallcase...
Gujarat govt issues guidelines for liquor law exemption rules in GIFT City
Any unit situated in GIFT City, desiring to obtain an FL-III licence shall apply to the Superintendent of Prohibition and Excise, Gandhinagar in Form "A" Gandhinagar: About a week after relaxing the liquor consumption norms for the Gujarat International Finance...
Focus shifts to healthcare delivery in 2023 as Covid stress eases
A total of 6.11 crore hospital admissions involving expenditure of Rs 78,188 crore have been authorized under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) scheme, of which 1.7 crore hospital admissions worth over Rs 25,000 crore have been authorized...
Progressive Indian general insurance sector
Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
For large nation like India, deepfakes a problematic issue for conducting safe, fair polls: MoS IT
''We will keep an eye on the intermediaries for the 7-15 days after they come back from vacations…and if they still have not made a move, then we will basically amend the IT rules and notify amended IT rules to be as prescriptive as the advisories are,'' Union...
India to remain fastest-growing major economy in 2024
''After a couple of difficult years, the economic environment is turning more benign with inflation trending down and growth remaining robust. Most forecasts project that growth in 2024-25 would be close to but slightly lower than in 2023-24. The global slowdown and...
2023: AI becomes hashtag, goes mainstream; India sets guardrails for data privacy, user safety
India’s resolve to safeguard netizens from new kinds of user harms emerging in the digital space was clear, as the government moved decisively to craft regulations and laws. It crafted a future-ready framework that would not just protect digital personal data but also...
India records 841 new Covid cases, three deaths in 24 hours
Three new fatalities due to Covid-- one each from Kerala, Karnataka and Bihar -- have been reported in a span of 24 hours, according to the ministry's data updated at 8 am New Delhi: India has logged 841 new cases of Covid-19, the highest in 227 days, while the number...
2024: Equity market set for eventful journey on LS polls, interest rate trajectory
In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent Mumbai: With tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with...