The oversight body of the world’s forum for banking regulators met...
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India approves 3 more Russian insurers to provide marine cover
With the granting of the permits to Sberbank Insurance, Ugoria...
Indian stock markets ends lower on Tuesday as investors book profits
The foreign institutional investors have sold Rs 477 crore worst of...
Consumer Affairs Dept urges online platforms to refrain from adopting ‘dark patterns’ that harm consumer interest
"It is pertinent to note that dark patterns involve using a design and choice architecture to trick, coerce or influence consumers to make choices not in their best interest. Engaging in such deceptive and manipulative conduct by using dark patterns in online...
UP govt planning to establish waterways on eight rivers for goods, public transport
Inland water transport has a share of two per cent in India's modal mix. The Centre intends to increase the share to five per cent, according to the Maritime India Vision 2030 The recent Ganga Vilas luxury cruise that set off from Varanasi and covered over 3,200...
Ayushman Bharat world’s best health insurance scheme, credit goes to PM Modi: Jitendra Singh
"This is possibly the only health insurance scheme in the world which offers the option of seeking insurance cover even for a pre-existing disease, like for example, if today a person is detected having cancer, he can thereafter go and get himself insured to receive...
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...