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Vulgarity on social media: Centre issues advisory to OTT platforms, self-regulation bodies
In an advisory to over-the-top (OTT) platforms and self-regulatory...
India on track to attract $100 bn FDI this fiscal on back of reforms: Govt
The reform measures include liberalization of guidelines and regulations, in order to reduce unnecessary compliance burden, bring down cost and enhance the ease of doing business in India, it added New Delhi: India is on track to attract USD 100 billion foreign direct...
Belgium’s Ageas first to pick up majority stake in Indian life insurance JV; pays Rs 580 crore to IDBI Bank
''With this transaction, Ageas increases its interest in the joint venture that it has operated to date together with IDBI Bank and Federal Bank to 74 per cent.'' Ageas Federal Life Insurance said with the completion of the majority shareholding by Ageas, it is the...
Fed again hikes interest rates by 75 basis points in aggressive bid to fight inflation
Officials expect the benchmark rate to rise to 4.4% by year end and 4.6% during 2023, according to the median estimate in updated quarterly projections published alongside the statement. That indicates a fourth-straight 75 basis-point hike could be on the table for...
Tier 2, 3 cities becoming centre of economic activities, states should start planning from now: PM Modi
Prime Minister Narendra Modi "The states should start planning of tier 2 and tier 3 cities from now. Tier 2 and Tier 3 cities are now becoming the centre of economic activities. Our startups are taking place in those cities. We should focus on developing industry...
Punjab considering restoration of old pension scheme, says CM Bhagwant Mann
"My government is considering reverting to the Old Pension System (OPS). I have asked my chief secretary to study the feasibility and modalities of its implementation. We stand committed to the welfare of our employees," Punjab Chief Minister Bhagwant Mann said on...
DPIIT working on law to decriminalise different provisions related to minor offences
“We are making an Act. We are bringing one bill and that one bill seeks to decriminalise all the minor offences mentioned in different Acts. We are having consultations with all the departments on the bill. We will bring a common Act for decriminalisation. Basically...
IRDAI looks for M&A consultants, Insurance industry to see M&A deals and new entrants
''The sector, like others, has witnessed some merger and acquisitions in the past and will continue to witness them and newer opportunities will emerge in the future. Players with sound underwriting practices, strong financials and right management practices will...
Comprehensive action plan formulated under national logistics policy
High logistics cost in India impacts both external and internal trade. The cost in India is estimated at 13-14 per cent of the gross domestic product against 9-10 per cent in the US and Europe and 11 per cent in Japan It also involves 200 shipping agencies, 36...
UNDP launches new plan to accelerate progress on gender equality and SDGs
During the pandemic, women have been more likely to lose their jobs, making up only 39 percent of global employment but 54 percent of job losses. "As progress towards gender equality stalls, UNDP's ambitious new Gender Equality Strategy will guide us in our efforts to...
Maharashtra FDA cancels Johnson & Johnson baby powder manufacturing license
The press note said that the samples of Johnson's Baby Powder were declared "Not of Standard Quality". FDA Maharashtra had taken the samples of Johnson's Baby Powder at Pune and Nashik for quality check purposes Mumbai: Food & Drugs Administration, Maharashtra,...