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India economy report predicts sluggish growth, pushes for more reforms: Economic Survey
New Delhi: India's economy is projected to grow between 6.3 per...
Eco Survey: Demographic advantage, responsible approach position India to benefit from AI
Achieving benefits from AI requires significant investments in...
Women reluctant to join company boards, difficult to find those who are interested: Sitharaman
''I have actually made a lot of attempts in my own level as a minister in calling up some people and saying please would you not want to come to a board? We want your experience. We want presence. No, I have not had enough women coming. So, there is a serious issue,”...
LIC wants to remain IDBI Bank shareholder for bancassurance gain
M R Kumar,chairperson,LIC Elaborating on bancassurance channel, Kumar said LIC has distribution tie up with 58,000 branches of different banks. There is still a lot of scope and headroom for growth on that front, he said adding that the corporation will also be keen...
Govt aims sustained recovery; infra spends will have multiplier effects: FM
Union Finance Minister Nirmala Sitharaman Stating that technology has helped the government make payments to the affected people during the pandemic, Sitharaman said it is also looking at how digital solutions can be deployed in the education and the farming sectors...
Low Budget allocation to healthcare: Fin secy says it is primarily states’ responsibility
Finance Secretary T V Somanathan Finance Secretary T V Somanathan said the Centre provides for some ''cross-cutting health infrastructure'' and also spends on the Pradhan Mantri Jan Arogya Yojana, which helps people from lower strata of the society to access...
Govt to soon decide on giving additional charge of New India Assurance CMD
The finance ministry had proposed to give additional charge to Anjan Dey,CMD of Delhi based Oriental Insurance Company, till the appointment of a new CMD of the Mumbai-based NIA, sources said. The insurance sector regulator IRDAI has sought clarification from the...
G20 says global corporate tax deal should go live next year
Years of negotiations culminated last October when nearly 140 countries reached a deal on a minimum tax rate of 15% on multinationals and agreed to make it harder for companies like Google, Amazon and Facebook to avoid tax by booking profits in low-tax jurisdictions...
G20 finance leaders dilute geopolitical risks reference in communique
Their statement instead said: "We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities." G20 finance leaders on Friday watered down language on global economic risks...
EU files case at WTO against China over protection of patents
Brussels: Since August 2020, Chinese courts have been issuing decisions - known as "anti-suit injunctions" - to exert pressure on EU companies with high-tech patents and to prevent them from rightfully protecting their technologies, the EU said The European Union (EU)...
Environment ministry notifies guidelines on EPR for plastic packaging
Environmental compensation shall be levied based upon polluter pays principle, with respect to non-fulfilment of Extended Producer Responsibility (EPR) targets by producers, importers and brand owners, for the purpose of protecting and improving the quality of the...
Italy makes fresh attempt at pension reform as debt worries mount
With one of the world's oldest populations, Italy spends more than any other European country on pensions except Greece, Eurostat data shows. According to the Treasury, Rome's pension bill reached a record 17% of national output in 2020. The new reform will be the...