J P Nadda,Union Health Minister "There were three states - Odisha,...
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Centre and NDMA abdicated responsibility on loan waiver for Wayanad disaster victims, says Kerala HC
"We direct the Union government/NDMA to deliberate on whether the...
Ayushman Bharat upholds dignity of elderly: PM Modi
"Now, every elderly member of a family above the age of 70,...
World Bank approves $1.5 bln financing for India’s low-carbon transition
At the COP26 summit in Glasgow in 2021, India committed to an ambitious five-part "Panchamrit" pledge, including reaching 500 GW of non-fossil electricity capacity, to generate half of all energy requirements from renewables, to reduce emissions by 1 billion tons by...
Russian sexologists to target homosexuality, other ‘disorders’ under new rules
The order, which takes effect on July 1, comes amid a clampdown on LGBT rights, which President Vladimir Putin has sought to portray as evidence of moral decay in Western countries and from which Russia must be protected Russian clinics will soon be staffed with...
Anti-ESG movement in U.S. feeds anxiety among UK investors
In the US, there’s evidence that anti-ESG rhetoric has led some financial firms to tone down their commitments to ESG in their conversations with clients. And pension funds have been caught in a long-running battle between the Biden administration and Republicans over...
Global initiative launched to rate corporate carbon offset claims
The Claims Code of Practice launched by the Voluntary Carbon Markets Integrity Initiative (VCMI), backed by the British government, seeks to help investors establish whether claims made by companies using carbon offsets are credible A standard to assess companies’...
Govt drops plans to levy TCS on overseas credit card spends
The Finance Ministry has also deferred by three months the implementation of a higher Tax Collected at Source (TCS) rate of 20 per cent on expenditures made under LRS and overseas tour packages till September 30 New Delhi: The government on Wednesday dropped plans to...
Top central bankers assert need for higher interest rates to tackle persistent inflation
The clear message was that rates would stay high until the inflation beast is subdued, according to a panel discussion with US Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Gov. Andrew Bailey and Bank of Japan...
Maha govt’s flagship health insurance scheme to cover state’s entire 12.5 cr population: CM
Eknath Shinde,Chief Minister,Maharashtra The premium of the Mahatma Jyotirao Phule Jan Arogya Yojana (MPJAY) has been increased from Rs 1.5 lakh to Rs 5 lakh, said Chief Minister Eknath Shinde This health scheme provides end-to-end cashless services for identified...
New rules aim to clamp down on corporate greenwashing
The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...
IRDAI set to implement 1st phase of ‘Risk Based Supervision’ pilots from July
With a view to promote a ‘Principle based Regulatory regime’, foster ease of doing business and encourage proactive risk identification and management, the IRDAI has been working towards developing and implementing (RBS)framework for insurance sector in India, said...
ICICI Pru Life gets GST demand notice for Rs 492 cr
The insurer has confirmed that it received a show cause cum demand notice (SCN) from the Directorate General of GST Intelligence (DGGI), asking the company to show cause as to why a tax of Rs 492,06,48,296 pertaining to the period July 2017 to July 2022 should not be...