For equity support, "I propose to introduce a dedicated ₹10,000...
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Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management
"To strengthen the confidence of private developers regarding risks...
Budget-26-27:Govt to set up high-level committee on banking for Viksit Bharat, bolster NBFCs
This group will review the entire banking system and suggest...
SC takes note of landslides, floods; seeks response of Centre, NDMA and affected states
SC was responding to a plea alleging illegal felling of trees as a key reason for such disasters. New Delhi: Taking note of the unprecedented landslides and floods in states such as Himachal Pradesh and Uttarakhand, the Supreme Court on Thursday sought responses from...
New India to pass on maximum benefit of 18% GST exemption to retail Health Insurance customers
``As India’s most trusted insurance partner, New India Assurance takes pride in passing on maximum benefit accruing out of this exemption to our valued customers. NIA commits to put in all possible efforts to make Viksit Bharat 2047 a reality,...
Small cars, bikes up to 350 cc to get cheaper as GST reforms kick in
GST rates on small cars and motorcycles up to 350 cc, three-wheelers, buses, trucks, and ambulances has been reduced from 28 percent to 18 percent. New Delhi: Small cars and entry-level bikes are set to get cheaper as the GST Council on Wednesday approved a complete...
GST Council meet on rate reform begins; TDP supports, opposition bloc seeks revenue protection
The government had proposed completely exempting life and health insurance premium from Goods and Services Tax (GST), Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary had said earlier. Health and term insurance premiums may become cheaper if...
Next gen GST reforms will set economy open and transparent: Sitharaman
Union Finance Minister Nirmala Sitharaman said Prime Minister Narendra Modi recently announced the creation of a Task Force for next generation reforms with a clearer mandate to simplify regulations, lower compliance costs and also build a more enabling ecosystems for...
Insurers should learn to innovate using powerful Digital Public Infrastructure platform: New IRDAI chairman Seth
Ajay Seth, chairman,IRDAI ``We see the Accounts Aggregator Framework promoting the use of data, analytics and technology for designing insurance products that are more affordable, accessible, and tailored to people’s needs. We encourage more insurance companies to...
Income growth, demographics and awareness push Indians to opt for finances over physical assets: Goldman Sachs
This growth, according to the Goldman Sachs report, will translate into cumulative inflows of around USD 9.5 trillion into financial assets over the next decade, out of which it expects a significant portion (USD 4 trillion or more) to be allocated to long-term...
Automakers report dip in vehicle dispatches in Aug as buyers await price cut in GST rejig
The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month New Delhi: Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to...
MHA forms teams to aid Himachal, Jammu & Kashmir, Uttarakhand, Punjab in flood relief
These central teams will visit the flood and landslide-affected districts of Himachal Pradesh, Uttarakhand, Punjab and J&K, severely affected by heavy to extremely heavy rainfall and incidents of flash floods, cloudbursts and landslides during this monsoon season...
NeGD achieves pan-India integration of nearly 2,000 e-govt services on DigiLocker, e-District platforms
The integrated services cover a wide spectrum of citizen needs including certificates, welfare schemes, utility payments and other essential facilities, thereby ensuring convenience, efficiency and transparency in delivery. New Delhi: The National e-Governance...