Sources in the industry pointed out that the MoRTH has already...
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Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretary
The privatisation of IDBI Bank has been in process for over two and...
FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London
The key priorities for the India-UK Economic and Financial Dialogue...
World Bank wants catastrophe insurance in new loans for disaster hit countries: Report
Ajay Banga,President,World Bank World Bank President Ajay Banga will unveil measures, including the pause on repayments and embedding catastrophe insurance into new loans in a speech in Paris on Thursday, the newspaper reported French President Emmanuel Macron is...
Indian government likely to offer assured pensions to its employees
Government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. The...
US Slips in supply-chain ranks after child-labor violations
The downgrade follows months of revelations first reported by the New York Times that companies have been employing children as young as 12 to work in dangerous conditions The composition of supply chains is set to play an increasingly important role for businesses...
Zero tolerance on spurious medicines, 71 firms issued notices: Mandaviya on cough syrup row
Union Health Minister Mansukh Mandaviya said, ''We have conducted risk-based analysis at more than 125 companies and our squads have visited their facilities. Of these, 71 companies have been served show-cause notices and 18 have been given closure notices.'' New...
Cyclone Biparjoy: Flood-like situation in 3 Rajasthan districts, 59 people rescued
Police said four people, including a woman, were killed in two separate rain-related incidents in Barmer and Rajsamand districts. Jaipur: Fifty-nine people were rescued on Sunday from Rajasthan’s Jalore, Sirohi and Barmer districts which are facing a flood-like...
Govt proposes no hike in mandatory Motor TP premium in FY23-24, to be implemented from Aug
The Ministry of Road Transport and Highways (Morth) has come out with the new draft notification on the premium for mandatory third party motor cover on June 14 and has preferred to retain the same level premiums in most of the categories In FY 2022-23, the motor TP...
Ensure availability of critical health services in flood-affected Assam: Mandaviya to officials
Union Health Minister Mansukh Mandaviya directed them to prepare an online database listing all the important information such as availability of beds, oxygen and other health facilities to ensure efficient management of any health emergency New Delhi/Guwahati: Union...
Govt plans to ask lawyers to report clients’ dubious transactions- sources
"As jewellers, real estate agents, chartered accountants, and company service providers have been made reporting entities under PMLA, lawyers will be brought under the money laundering law next," one of the sources said NEW DELHI: The government is planning to ask...
India earned USD 7,400 million through medical tourism in last decade: Officials
Medical tourism is a recognised export from two BIMSTEC members -- India and Thailand Kolkata: India generated an income of USD 7,400 million through medical tourism over the last decade, and the figure is expected to rise to USD 43,500 million in the next 10 years,...
Sitharaman chairs meeting of banks, insurance firms; reviews preparedness for cyclone ‘Biparjoy’
Niramala Sitharaman,Union Finance Minister ''MDs from the banks & insurance companies provided a detailed update on the precautionary measures for the #CycloneBiparjoy. During the meeting, Smt @nsitharaman stated that all Disaster Management protocols should be...