"The Jalvahak scheme incentivises long-haul cargo transport and...
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PMJJBY life insurance: 21cr enrolment, 860,575 claims worth Rs 17,211.50 settled
The Pradhan Mantri Suraksha Bima Yojana(PMSBY) has seen a...
HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation
The court was hearing a bunch of petitions, including one initiated...
Australia Sues life insurer for causing financial harm to customers
The Australian Securities and Investments Commission (ASIC) has accused MLC, a part of Nippon Life Insurance, Japan’s biggest insurer, of service failures resulting from poor systems and controls over a period from 1999 to 2020, which caused financial harm to over...
Allianz Becomes China’s First Wholly Foreign-Owned Life Insurer
Many foreign financial institutions are looking to expand their onshore presence in China, taking advantage of a relaxation of ownership restrictions for foreign players in the asset management, insurance and securities broking sectors. Allianz said on Wednesday that...
Covid, soaring inflation threaten second winter of woe for world economy
With parts of Europe confronting renewed restrictions to contain another wave of the virus, China’s rebound fading and rising infections taking hold in America too, much of the global economy is now staring at the threat of a second northern winter of woe, compounded...
Europe’s Covid-19 crisis pits vaccinated against unvaccinated
With infections spiking again despite nearly two years of restrictions, the health crisis increasingly is pitting citizen against citizen - the vaccinated against the unvaccinated Brussles: This was supposed to be the Christmas in Europe where family and friends could...
Joint bank account not mandatory for spouse pension, says govt
All banks disbursing central government pension have been advised that in case the spouse (family pensioner) opts for the existing joint bank account for credit of family pension, banks should not insist on opening a new account, it said New Delhi: Joint bank account...
EPFO empowers advisory body FIAC to take call on investment in new instruments like InvITs
Explaining the rationale behind the decision, Labour Secretary Sunil Barthwal told reporters,''If we want to provide high rate of interest then we have to follow guidelines of finance ministry. There are certain instruments (prescribed in norms) where we were not able...
Common Service Centres records more that 80% informal workers’ registrations on e-Shram portal
"We would like the CSCs to become labour welfare centres and help every worker get his/her due benefit under central/state government schemes," CSC SPV Managing Director Dr Dinesh Tyagi said According to the latest data available on the e-Shram portal, as many as 8.43...
Swachh Survekshan: Indore is Cleanest City For 5th Year In A Row; Chhattisgarh Cleanest State
The 10 top-ranked cleanest cities, having a population of more than one lakh, are Indore, Surat, Vijaywada, Navi Mumbai, New Delhi, Ambikapur, Tirupati, Pune, Noida and Ujjain. Lucknow has been ranked the lowest among 25 cities in the same category. New Delhi: Indore...
Govt mulling changes in I-T laws to bring cryptos under tax net
New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the budget next year, a top official said. Revenue secretary Tarun Bajaj said in terms of income tax, some people...
What’s inside Biden’s $1.85T social and climate measure
US President Joe Biden' ENVIRONMENT/CLIMATE CHANGE — Clean energy tax credits would receive USD 320 billion worth of funding. These credits over 10 years would help businesses and homeowners shift to renewable energy sources for electricity, vehicles and...