The Ministry of Road Transport and Highways (MoRTH) in a draft...
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Finmin notifies assured pension scheme for govt employees, to be effective from April 1
The notification will give the option to 23 lakh government...
Govt drafts rules for mandatory adoption of Indian Standard Time nationwide
IST shall be the mandatory time reference across all sectors,...
LIC IPO subscribed nearly 3 times; share allocation on May 12
Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm. LIC had fixed the price band at Rs 902-949 per equity share Bidders in LIC IPO will be allocated shares on May 12, and the insurance behemoth...
Investment banks forgo bumper fees for league rank in mega LIC IPO
The 10 advisers who manage the initial public offering They will receive around Rs 10 million ($129,000) each for their role in the deal, a fraction of what they would normally pocket for a deal of this size Mumbai: investment banks advising on the initial public...
State-run general insurers may get further capital infusion of Rs 3,000-5,000 cr
Fund support was given to the weak general insurance companies last financial year, some more fund requirement is there to bring them back on profitability path, sources said. During 2020-21, Rs 9,950 crore was infused in three PSU general insurers by the government...
Sebi constitutes advisory panel on ESG-related matters
The terms of reference of the committee include enhancements in business responsibility and sustainability report, ESG ratings and ESG investing Mumbai: The committee will be headed by HDFC Mutual Fund Navneet Munot, the Securities and Exchange Board of India (Sebi)...
FM Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain
Finance Minister Nirmala Sitharaman The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same the anonymity is what … one...
Amazon, Citi, other companies take stance on abortion rights in US with travel benefit
The issue has gained urgency now that 31 states have introduced abortion bans this year, according to policy analysis by research group Guttmacher Institute By offering support for employees who may need to travel out of state for abortions, Yelp and other companies...
EU citizens may sue countries for health-damaging dirty air, top court adviser says
The opinion concerns a case brought by a Paris resident seeking 21 million euros in compensation from the French government, on the grounds that air pollution damaged his health and the government failed to ensure compliance with EU limits BRUSSELS: Citizens in...
Validity of models, methodology of data collection questionable: India on WHO COVID deaths report
In a report released on Thursday, the WHO estimated that nearly 15 million people were killed either by the coronavirus or by its impact on overwhelmed health systems in the past two years, more than double the official death toll of 6 million According to the WHO...
India’s Health Card: Fertility rate falls further, Obesity rises
According to the National Report of the fifth round of National Family Health Survey (NFHS-5),the Total Fertility Rates (TFR), an average number of children per women, has further declined from 2.2 to 2.0 at the national level between NFHS-4 & 5. At national...
India’s ‘first’ tribal health observatory to come up in Odisha
It will perform systematic and ongoing observation on disease burden, health-seeking behaviour and healthcare delivery system pertaining to tribal health in the state Bhubaneswar: Odisha is set to come up with India's ''only'' observatory that will establish a...