The Bill introduces a new concept of 'tax year' as the 12-month...
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PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry
``With improved risk-management practices, loss-control...
I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital...
Demographic dividend may turn into liability sans enough jobs, skilled workforce: Report
The report points out that India will add another 183 million people to the working age group of 15-64 years between 2020-50 as per the UN Population Statistics database New Delhi; As the country is expected to add another 183 million people to the working age group...
FPIs withdraw Rs 41,000 cr in March
Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said the outflows can be attributed to the anticipation of rate hike by US Fed, and deteriorating geopolitical environment with Russia and Ukraine engaging in a war New Delhi: Continuing...
Indian Govt’s initiatives to control incidence of obesity
682 District NCD (Non-Communicable Diseases) Clinics, 191 District Cardiac Care Units, and 5408 Community Health Center NCD Clinics have been set up in the country As per the National Health Profile 2020, the prevalence of obesity among adult females (18+ years of...
U.N. launches group to hold companies to account for net-zero pledges
U.N. Secretary-General António Guterres said the group of 16 experts will analyze the net-zero plans of companies, investors, cities and regions in order to develop stringent and transparent standards to ensure they deliver their promises WASHINGTON: The United...
Ukraine guarantees insurance payouts for vessels damaged at its Danube ports
Ukraine exports almost all its commodities through Black Sea ports now blocked due to the Russian invasion. The government did not provide details of the insurance system but instructed the infrastructure ministry to develop a plan Marine fuel sellers have stopped...
New vehicles must average 40 mpg by 2026 under US standards
The new requirements increase gas mileage by 8% per year for model years 2024 and 2025 and 10% in the 2026 model year Officials said under the new standards, owners would save about $1,400 in gasoline costs during the lifetime of a 2029 model year vehicle. Carbon...
U.S. House approves bill setting strict cap on insulin costs
Currently, monthly supplies of the life-sustaining medicine average around $375 and can go as high as $1,000, causing some people to skip needed doses More than 34 million people in the United States have diabetes, according to the U.S. Centers for Disease Control and...
Fossil fuel backers overshadow climate change talks in Dubai
The United Nations Intergovernmental Panel on Climate Change and other international bodies have said that to address climate change there should not be new investments in fossil fuel infrastructure and that the fuels, which are mostly responsible for climate change,...
E-scooter fires in India trigger safety concerns, in setback for Modi push
The electric mobility push is critical for Modi's climate change and carbon reduction goals.Following the Ola incident, Modi's government told lawmakers in the Indian parliament it will take "appropriate action" against the manufacturers once the investigations are...
IFSCA inks MoU with IRDAI to strengthen inter regulatory exchange of information
This MoU focuses on strengthening of inter regulatory exchange of information, technical cooperation, supervisory collaboration and opens avenues towards developing innovative insurance solutions for the evolving global trends Hyderabad: Injeti Srinivas, chairperson,...