Union Health Minister J P Nadda will launch an e-Sushrut clinic, a...
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Australia’s security environment degrading, spy chief warns
"Australian Security Intelligence Organisation (ASIO)'s annual...
NGT asks UP dept to take action against ‘illegal’ groundwater extraction in Noida, Greater Noida
The order comes against the backdrop of growing concern over...
Delhi tribunal seeks Centre’s help in road accident case cites policy vacuum
"There is a clear policy vacuum, and the family of the victim/cyclist cannot be left to struggle with fate. In these peculiar circumstances, the assistance of the Ministry of Road Transport and Highways (MoRTH) is necessary to understand if there is any policy/scheme...
Long-Term Care: National infra for sr citizens
As per the Longitudinal Ageing Study in India (LASI), conducted under the aegis of the Ministry of Health and Family Welfare, 23.8 per cent of persons aged 60 years and above in the country suffer from at least one limitation in Activities of Daily Living (ADL),...
Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...
Govt mulls allowing 49% FDI in PSU banks
M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India - the country’s largest lender - and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic control of...
Budget-26-27:Allocation for PM-JAY raised 5.56% to ₹ 9,500 crore
Nirmala Sitharaman,Finance minister Allied Health Professional Institutes in 10 key disciplines will be set up and upgraded to create nearly one lakh skilled professionals over the next five years, through public and private sector participation. Additionally, a...
Budget-26-27: Tax holiday for GIFT City businesses doubled to 20 years
`Post the expiry of tax holiday period, the business income shall be taxed as the lowest rate of 15%. This is a shot in the arm and provides great certainty for clients looking at setting up their base in GIFT City (including for all the global reinsurers,fund...
Budget-26-27:FM proposes Rs 10,000 cr SME fund in Budget
For equity support, "I propose to introduce a dedicated ₹10,000 crores SME growth fund to create future champions, incentivising enterprises based on select criteria. I also propose to top up the self-reliant India fund set up in 2021 with ₹2,000 crore to continue...
Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management
"To strengthen the confidence of private developers regarding risks during nfrastructure development and construction phase, I propose to set up an Infrastructure Risk Guarantee Fund to provide prudently calibrated partial credit guarantees to lenders," New...
Budget-26-27:Govt to set up high-level committee on banking for Viksit Bharat, bolster NBFCs
This group will review the entire banking system and suggest changes to support India’s next stage of economic growth. At the same time, it will focus on financial stability, inclusion, and protecting consumers, said Sitharaman while delivering her 9th consecutive...
Level playing field for savings instruments necessary: SBI Chairman on Budget expectations
CS Setty,Chairman,State Bank of India On the long‑standing demand for parity between bank deposits and other financial instruments, the SBI Chairman said fiscal realities make preferential treatment for deposits difficult despite the need for a level playing field...