The White House said in a statement that Washington would help...
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S&P cuts India’s FY26 GDP growth forecast to 6.5 pc
"The Reserve Bank of India will cut interest rates by another 75...
India’s financial system resilient, diverse: IMF report
The report observed that India's insurance sector is strong and...
Govt shortlists 7 GMs for selecting CMDs of New India and AIC
The general managers who have been shortlisted are- M Rajeswari Singh, Agriculture Insurance Company(AIC), BS Rahul,(AIC),N Ramaswamy, presently heading GIC Re’s London branch, Neerja Kapur, NIA, Girija Subramanian, GIC Re, Rashmi Bajpai, Oriental Insurance...
Most major nations lag in acting on climate-fighting goals: Scientists
The tracker describes as insufficient the policies and actions of the world's top two carbon polluters, China and the U.S., as well as Japan, Saudi Arabia and Indonesia. It calls Russia and South Korea's polices highly insufficient, and Iran comes in as critically...
Jan Aushadhi Kendras helped citizens save Rs 5,300 cr in FY22: Govt
As of June 30, 2022, about 8,742 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) have been opened across the country under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) New Delhi: Sales of Jan Aushadhi Kendras stood at Rs 893.56 crore in the last...
Foreign insurers in Malaysia given 2023 cutoff to reduce stakes in their local ventures
AIA Group Ltd., Prudential Plc, Tokio Marine Holdings Inc. and Zurich Insurance Group AG are among the international insurers with ventures in the Southeast Asian nation Overseas insurance companies were allowed to hold a maximum 70% in local firms, but it was mostly...
EPFO likely to enhance investment limit in equities to 20 per cent
The proposal to revise the limit to 20 percent has been vetted and approved by the Employees' Provident Fund Organisation's (EPFO) advisory body Finance Audit and Investment Committee (FAIC) New Delhi: Retirement fund body EPFO is likely to approve this month a...
‘Gloomy’ information suggests ‘foreign hand’ behind cloudburst: KCR
K Chandrashekhar Rao,Chief Minister,Telangana ''A new method called cloudburst has come. They say there are conspiracies around it. We don’t know how far it is true. Some foreign countries are deliberately doing cloudbursts in our country. Earlier, they did it in Leh...
Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC
``In case of any failure on the part of our managements to revert on priority basis, we shall have no choice but to observe 2-day complete strike in PSGICs and GIC Re on 27th & 28th July 2022 and any other IR action as warranted, in consonance with the sentiments...
Punjab CM gives nod to state disaster mitigation fund
Bhagwant Mann,Chief Minister,Punjab The chief minister said a total sum of Rs 729.60 crore will be available in the SDMF from 2021 to 2026, which will be instrumental in further augmenting the preparedness of the state for any sort of natural disaster Chandigarh:...
Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement
Citing World Food Programme data, the joint statement said the number of acute food insecure people increased to 345 million in 82 countries "Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting over 8...
Pay GST on hospital rooms above Rs 5,000 from Monday
The government has now notified that all such clinical establishments including hospitals, nursing homes, and sanatorium would be liable to pay tax on the gross room rentals which is more than Rs 5,000 per day Services rendered by regulators such as RBI, IRDA and SEBI...