Finance Minister Nirmala Sitharaman As of March 19, PMJJBY has...
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India records 5.4 mn displacements due to disasters in 2024, highest in 12 years: Report
According to the report, Assam saw 2.5 million internal...
UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs
Andrew Witty, CEO ,UnitedHealth UnitedHealthcare is the US' largest...
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...
`Insurance Bill, 2023′: Govt drops major reform plans for Indian insurance sector
In a surprising development, The Insurance Bill, 2023,’ drafted by the department of financial services(DFS) and now may be ready to be presented in the monsoon session of the Parliament, has no mention of any proposals relating to much talked about new systems like...
EPFO extends deadline to apply for higher pension till July 11
This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the...
EU banks ready to expand risk models to manage climate-change fallout: Survey
The results indicate that banks are increasingly concerned about the potential of global warming to hurt asset values. The industry also faces a December deadline by the European Central Bank to reflect climate risks in their governance, strategy and risk management...
FPIs continue to bet on Indian equities; infuse Rs 30,600 cr in Jun so far
This came following a nine-month high investment of Rs 43,838 crore in equities in May, Rs 11,631 crore in April and Rs 7,936 crore in March, data with the depositories showed. Before that, FPIs had pulled out over Rs 34,000 crore during January-February Going...
“Govt refused foreign-made Covid vaccines as firms were demanding indemnity” Union Health minister
Mansukh Mandaviya,Union Health Minister The minister also dismissed suggestions that approvals for vaccines were rushed without taking into account long-term side effects and that the recent spate of heart attacks was linked to it, saying the entire process from...
More positive outcomes when elders are treated locally: Study
"Intermediate care units are the newest trend in health policy, and Norway is way ahead of the curve in this regard," says Pal Erling Martinussen, a professor in the Department of Sociology and Political Science at Norwegian University of Science and Technology (NTNU)...
GST Scam: HDFC Life gets Rs 942-crore demand notice, CBIC probes more insurers
The matter relates to the claim of input tax credit against supply of services, which the GST authority believes are ineligible for such claims The D-G of GST Intelligence is currently probing large number of insurance companies and several of their intermediaries and...