Pralhad Joshi, Union Minister for Consumer Affairs After extensive...
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Bharti AXA Life Insurance launches ‘BIMA BHARTI’ apprenticeship program
Bharti AXA Life has rolled out its flagship nationwide...
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...
Govt unlikely to infuse capital in PSU general insurers in FY24
Vivek Joshi, secretary, Department of Financial Services(DFS), recently had reviewed the functioning of the four PSU general insurers in New Delhi but the pressing issue of the capital infusion was out of meeting's agenda The three PSU general insurers that require...
SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs
Dinesh Khara,Chairman,State Bank of India "There is a discussion to increase the age limit for retirement of chiefs of PSBs . Simultaneously, discussions are on for raising superannuation age for managing directors of PSBs to 62 years from 60 years," the official said...
UN, UNDP showcase responsible business actions for sustainable development at B20 event
The private sector's role in respect of the Sustainable Development Goals should not be limited to just financing and investment. There is a massive opportunity to achieve big efficiency gains; drive innovation; and enhance reputation, especially when public distrust...
US business lobbyists struggle to soften new SEC rules on quick disclosure of cybersecurity breaches
Under the rules, publicly traded companies will later this year have to start disclosing cyber incidents within four business days of determining they are material to shareholders Companies will only rarely be able to delay making an incident public due to national...
Fukushima: Why is Japan releasing water and is it safe?
An activist poses for a photograph during a protest against Japan's plan to release treated wastewater from the Fukushima nuclear power plant into the ocean, at the national assembly in Seoul, South Korea Water containing tritium is routinely released from nuclear...
China regulator met with foreign investors to alleviate concerns
The meeting comes as Beijing scrambles to shore up investor confidence in the market, which has been hobbled by a deepening property sector crisis and weakening growth in the world’s second-largest economy China’s securities regulator met with representatives from top...
US sues SpaceX, alleges hiring discrimination against asylum recipients, refugees
“The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status, in violation of the Immigration and Nationality Act,” the...
WB govt should implement Ayushman Bharat at ground level for benefit of people: Mansukh Mandaviya
So far, 30 of 33 states have agreed to the co-branding plan except for Delhi, Odisha, and West Bengal which have opted to remain out of it. Kolkata: Union Health Minister Mansukh Mandaviya on Friday said that the West Bengal government should implement the central...
Regulations mandating doctors to prescribe generic drugs put on hold
The regulations made it mandatory for doctors to prescribe only generic drugs and barred them from accepting gifts from pharma companies or endorsing any drug brands New Delhi: The newly-notified Registered Medical Practitioner (Professional Conduct) Regulations,...
IRDAI lowers capital of FRBs to Rs 50 cr from Rs100 cr, order of preference streamlined to 4 levels from 6
This comprehensive regulatory overhaul is strategically designed to position India as a prominent global reinsurance hub. The revised Order of Preference for International Financial Services Centre Insurance Offices (IIOs), coupled with simplified regulations and...