"Second order (effects) would be important," said Finance Secretary...
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India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF
Gita Gopinath, chief economist, IMF IMF's outlook report pegs the...
Gold touches Rs 1 lakh per 10 grams for 1st time
This demand has been driven by rising geopolitical tensions and...
Guidelines on medical negligence under consideration, says Union Health ministry
It has been more than 17 years since the Supreme Court, for the first time in the Jacob Mathew case in 2005, directed the Centre to frame statutory rules in consultation with the-then medical education regulator Medical Council of India (MCI) to deal with medical...
Govt to infuse more capital in public sector general insurers next year
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...
Centre raises concern over gradual increase in Covid positivity rate amid influenza cases
Rajesh Bhushan,Union Health Secretary "While the COVID-19 trajectory has decreased substantially in last few months, the gradual rise in COVID-19 test positivity rates in some states is a concerning issue that needs to be promptly addressed," Union Health Secretary...
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
Based in Santa Clara, the lender was ranked as the 16th biggest in the U.S. at the end of last year, with about $209 billion in assets. Specifics of the tech-focused bank's abrupt collapse were a jumble, but the Fed's aggressive interest rate hikes in the last year,...
Maha: Will discuss old pension scheme issue with all stakeholders, says Fadnavis
Devendra Fadnavis,Deputy Chief Minister,Maharashtra Under OPS, the pension amount is provided by the government, which increases its liability, whereas the NPS has a contributory mechanism from the employee as well as the government. Mumbai:Maharashtra Deputy Chief...
Canada’s financial industry regulator issues norms for banks, insurers to disclose climate risks
The principles come into effect at the end of fiscal 2024 for larger banks and insurers and in 2025 for smaller firms, the regulator said in a statement. The Canadian regulator is going ahead with its first climate framework as global financial bodies raise pressure...
Digital India Act; draft to come in April: Chandrasekhar
Minister of State for Electronics and IT Rajeev Chandrasekhar As part of online safety and trust principle proposed for the Digital India Act (DIA), the minister sought views of stakeholder on mandating stringent regulation for privacy invasive devices such as spy...
Money laundering rules to apply to crypto trade – gov’t notification
Extending India's money laundering rules to cryptocurrencies will give authorities greater authority in monitoring the transfer of these assets beyond the country's borders MUMBAI: India's money laundering laws will apply to trade in cryptocurrencies, the federal...
Jobs and pay for women, barely improved in 20 years: ILO
The jobs gap is particularly severe in developing countries where the proportion of women unable to find a job reaches 24.9 per cent in low-income countries. The corresponding rate for men in the same category is 16.6 per cent, a worryingly high level but...
French nationwide strike to extend as pension reform fight intensifies
This is a critical time for labour and the government since French President Emmanuel Macron hopes parliament will adopt his plan to raise the pension age by two years to 64 before April. Looking to pile pressure on lawmakers, France's hardline unions said there would...