The much anticipated ruling centred on whether a trans woman with a...
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China’s murky bankruptcies expose hazards for foreign investors
Gaps in enforcement of China's insolvency laws can leave creditors...
Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses
Trade credit, political risk insurance and surety to secure...
Kerala govt releases revised action plan on climate change
Building disaster resilient infrastructure and strengthening institutional mechanisms for better disaster responses and raising incomes to bolster capabilities of individuals and communities to adapt to local impacts of climate change are important,'' said Kerala...
Sebi relaxes rules for govt for PSU disinvestment
Against this backdrop, Sebi has decided to dispense with the requirement of calculating 60 days' VWAMP for the determination of open offer price in case of disinvestment of PSU companies wherein it results in its change in control, either by way of direct acquisition...
Govt to allow foreign funds to own over 51% in IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The government and Life Insurance Corporation of India together hold 94.71% in IDBI Bank and are looking to sell 60.72%. New Delhi: The Indian government will allow a...
Govt mulls exempting early stage startups from data protection bill provisions
The draft DPDP has proposed exemption only for government notified data fiduciaries and data processing entities when it comes to data collection, data sharing, giving information around data processing etc New Delhi: The government is mulling exempting early stage...
PMFBY committed to providing comprehensive insurance coverage against crop loss: Govt
The acceptability of the scheme has increased amongst the farmers in the last 6 years, with share of non-loanee farmers, marginalized farmers, and small farmers increasing by 282% since the initiation of the scheme in 2016 Union Ministry of Agriculture and Farmers...
Swiss seek mandatory reporting of cyberattacks on key infrastructure
It asked parliament to approve legislation that creates the legal basis for reporting obligations and spells out the tasks of the National Cybersecurity Centre (NCSC) as the central watchdog for cyberattacks Zurich: The Swiss government proposed on Friday making it...
Overhauling Regulations: Time for spurring long-term sustainable growth
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
Govt proposes scrapping of minimum capital for insurers
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...
Rising inflation, falling wages threaten increased poverty and unrest: ILO
“Income inequality and poverty will rise if the purchasing power of the lowest paid is not maintained,” he said. “In addition, a much-needed post-pandemic recovery could be put at risk. This could fuel further social unrest across the world and undermine the goal of...
Govt gears up for amending Insurance Acts to overhaul sector, may go through in Budget Session
On Wednesday, the department of financial services, through an office memorandum has asked for public comments on the proposed amendments by December 15 The proposed amendments primarily focus on enhancing the financial security of the policy holders, promoting policy...