“An untransferred insurance policy puts both the buyer and seller...
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Govt appoints merchant bankers legal firms for managing stake sales in LIC, PSBs other fin institutions
"As far as LIC is concerned, we have completed the RFP process. The...
Nearly 6.6 lakh new PM Jan Dhan Yojana accounts opened in 1 month
A staggering 55.44 crore Jan Dhan accounts have been opened in...
London mayor says Brexit has cost UK over $178 billion so far
Britain's National Institute of Economic and Social Research (NIESR) estimated in November that Brexit had reduced the size of the economy by 2%-3%, with the impact expected to rise to 5%-6% by 2035 LONDON: Britain's departure from the European Union has reduced the...
Govt cracking down on firms making false eco-friendly claims on products
All environmental claims shall be backed by verifiable evidence, and while making disclosures in relation to environmental claims, data from research shall not be cherry picked to highlight only favourable observations while obscuring others that are unfavourable New...
IMF says global economy to stay ‘resilient’ in 2024 but grow too slowly
IMF spokesperson Julie Kozack told a news briefing that the global economy appeared headed for a "soft landing" with inflation subsiding and labor markets resilient, but low-income countries could still fall further behind. Washington: Global economic growth will...
Budget session of Parliament likely between January 31 and February 9
The government would present a vote-on-account or an 'interim budget' on February 1. The new government will present a full-fledged budget later. New Delhi: A brief Budget session of Parliament is likely to be held between January 31 and February 9, sources said on...
India to seek social security pact with US on Fri
Social security, or totalisation agreement, is a long-pending demand of the country, as it will provide social security to Indian professionals in America. This would eliminate dual social security deduction, both in the home country and in the nation where an...
Finance Minister Nirmala Sitharaman unveils GIFT city’s financial landscape
Nirmala Sitharaman,Finance Minister GIFT authorities are also exploring new areas such as blended finance and de-risking mechanisms, and longevity finance which can open up opportunities in wealth management, insurance, pension and medical tourism as well Gandhinagar:...
‘What is good for another market need not be good for us’, says RBI Guv Das on crypto regulations
Shaktikanta Das,Governor,Reserve Bank of India His remarks come against the backdrop of the US Securities and Exchange Commission approving changes to allow the creation of bitcoin exchange-traded funds in the US Mumbai: Reserve Bank Governor Shaktikanta Das on...
‘Heavy fuel’ leaked from power station in Manipur spills into streams
The Chief Minister's Office (CMO) directed the departments concerned to take "immediate necessary action to prevent an environment calamity, making use of all available resources in terms of machinery, manpower and expertise". Imphal: Heavy fuel leaked from a power...
HC issues notice to Centre, Delhi govt over rampant re-packaging of expired products
A bench of acting Chief Justice Manmohan and Justice Manmeet P.S. Arora initiated a suo motu public interest litigation after multiple instances of this deceptive practice surfaced New Delhi: The Delhi High Court has raised alarm over a "coordinated and systematic"...
World looks at India as global growth engine: PM Modi
In 10 years, India's capex has grown five times, and the country is also moving fast in green energy and renewable energy sectors, with three times increase in green energy and twenty times in solar energy capacity,Prime Minister Narendra Modi Gandhinagar: Prime...