"The government is cognizant of the increasing frequency and...
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Parliament approves Finance Bill 2025, completes Budget FY26 exercise
"But, here we wanted to use this opportunity to show our respect...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh
However, government functionaries are expected to exercise due...
Govt raises interest rates on most small saving schemes
With the revision, a one-year term deposit with post offices would earn 6.8 per cent (up from 6.6 per cent), for two years -- 6.9 per cent (up from 6.8 per cent), three years -- 7 per cent (up from 6.9 per cent) and five years -- 7.5 per cent (7 per cent New Delhi:...
Centre reviews public health preparedness for management of Covid-19
States and UTs were briefed that India has been witnessing an increase in COVID-19 cases with average daily cases rising to 966 in the week ending March 23 2023 from 313 average daily cases in the week ending March 3 2023; and weekly positivity going up to 1.08 per...
World Bank approves $100 million to improve disaster response in Odisha
"The Program will help Government of Odisha scale up existing social protection systems to better protect vulnerable households from climate shocks," said Auguste Tano Kouame, the World Bank's Country Director for India. Washington: The World Bank's Board of Executive...
U.N. hopes water meeting can create ‘rippling effect’ to stave off crisis
There is no international binding agreement for water like the one reached for climate in Paris in 2015, or framework like that established to protect nature in Montreal last year, despite dire warnings of the risks humanity faces if water is not managed better. The...
Family ID next big thing for robust delivery of schemes, services in UP: Social Welfare Minister Asim Arun
Family ID is a 12-digit unique identification number carrying details of a family, serving as a central repository of family attributes to automatically determine their eligibility for government schemes and extend benefits to the missing beneficiariesThe database...
Nepal’s population reaches 29.1 million
According to the data published by the Central Bureau of Statistics, out of the 29,164,578 people in Nepal, 14,911,027 are females, while the number of males 14,253,551. Kathmandu: Nepal's total population has reached more than 29.1 million, according to the latest...
Proposals in Finance Bill on debt mutual funds, STT likely to adversely impact market: Experts
Among other proposals, the bill has proposed that from April 1, investments in debt mutual funds will be taxed as short-term capital gains. The move would strip investors of the long term tax benefits that had made such investments popular. New Delhi: The changes...
Lok Sabha passes Finance Bill; no relief for life insurers on taxing policies with premium over Rs 5 lakhs
Finance Minister Nirmala Sitharaman while presenting the 2023/24 budget on Feb. 1, had proposed that the government would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded Rs 500,000 ($6,103) The...
LIC plans investment exposure caps post Adani share rout
Currently, the insurer cannot invest more than 10% of outstanding equity in a company and 10% of the outstanding debt. New Delhi: The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a...
Finance minister proposes panel to look into issues related to Govt employees’ Pension
"I propose to set up a committee under the finance secretary to look into this issue of pension and evolve an approach which addresses the need of employees while maintaining fiscal prudence to protect the common citizens. The approach will be designed for adoption by...