A bench of Justices B R Gavai and Augustine George Masih, however,...
Category:
Policy
Latest
Developing countries’ climate targets at risk without enough finance from developed world India
Together, BRICS nations account for 47 per cent of the world’s...
Announcements by US to have substantial implications for global trade: WTO DG
"While the situation is rapidly evolving, our initial estimates...
Claims and reinsurance costs impacting on Indian insurers’ profitability
"India's privately-owned insurers, where foreign shareholdings are concentrated, have cut their exposure to high risk assets and have been early adopters of actuarial-led reserve management and risk-based capital management. This has and will continue to help private...
India’s population may have already overtaken China’s, analysts
India's population stood at 1.417 billion as of end 2022, according to estimates from the World Population Review, an independent organization focused on census and demographics.That’s a little over 5 million more than the 1.412 billion reported by China Tuesday when...
Budget-2023-24:Centre may plan rate changes in new income tax structure
While the new optional income tax scheme - announced in 2020 to make tax compliance simpler - offers lower headline taxation rates on annual income, experts say it is unattractive to many as it does not allow exemptions on housing rentals and insurance among other...
Green Bonds purchase by insurers to be treated as infrastructure investments: IRDAI
The regulator, in a circular dated Jan. 13, said the move was made with the objective of "de-concentration and diversification" of insurers' infrastructure portfolios as well as "from the perspective of participation in environmental, social and governance (ESG)...
China’s GDP sinks to three per cent in 2022, second lowest in 50 years
Significantly this year, China's GDP in terms of dollars declined from USD 18 trillion in 2021 to USD 17.94 trillion last year mainly due to a sharp rise of the dollar against RMB (the Chinese currency) in 2022 The slow pace was blamed mainly on the strictly...
EU plans law forcing companies to prove green claims are real – draft
The draft rules would cover all products and services sold in the EU, unless they are covered by comparable EU rules. "Green" investment products are already regulated the EU's taxonomy, a controversial labelling system facing legal challenges from the Austrian...
Centre earmarks Rs 2,000 crore to encourage states to scrap old vehicles
Incentive for scrapping of old vehicles has been added to the scheme and an amount of Rs 2,000 crore has been earmarked for scrapping state government vehicles which are older than 15 years, waiver of liabilities on old vehicles and providing tax concessions to...
India’s richest 1% own more than 40% of total wealth: Oxfam
Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121 per cent or Rs 3,608 crore per day in real terms, Oxfam said On the other hand, approximately 64 per cent of the total Rs 14.83 lakh crore in Goods and Services Tax (GST)...
India continuously striving to provide high-quality, cost-effective healthcare to everyone: Mandaviya
Union Health Minister Mansukh Mandaviya India's experience has reinforced the fact that capacity building of healthcare workers at various levels of governance, coupled with harnessing digital technology, is the way forward. With more than 1.3 million (13 lakh)...
Citing MHA circular, HC quashes finance ministry notification, orders OPS for all personnel of CAPFs
Delhi High Court has ordered implementation of the Old Pension Scheme for all personnel of the CAPF and directed the Centre to issue necessary instructions within eight weeks It quashed a 2003 notification of the Union Ministry of Finance and a 2020 Office Memorandum...