"The government of India is not considering revoking, amending or...
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Govt deliberates on roadmap for Financial Inclusion 2.0
M. Nagaraju, Secretary, Department of Financial Services Nagaraju...
DPIIT notifies 100% FDI in the insurance sector
The Department for Promotion of Industry and Internal Trade (DPIIT)...
Indian equities deliver 14 pc CAGR in 20 years, investors’ wealth multiplies 13 times
Looking at a longer horizon, domestic equities have fared even better, delivering a 13.6 per cent CAGR over 35 years and multiplying wealth by 88 times. New Delhi: Indian equities, under the Nifty50 basket, have delivered a compound annual growth rate (CAGR) of 14 per...
Govt extends ITR filing deadline by a day to Sep 16 as tech snags hit e-filing portal on last day
A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment...
Govt asks insurers to pass on full benefits of 18% GST exemption to both existing and prospective retail Life and Health policyholders
M. Nagaraju, secretary, Department of Financial Services Further, the insurers have been directed M. Nagaraju, secretary, Department of Financial Services(DFS) to proactively undertake outreach campaigns to publicize the reforms and highlight their prospective...
India adopts techno legal approach for AI safety Vaishnaw
Ashwini Vaishnaw,Minister of Electronics and Information Technology "When there is a trade off between regulation and innovation, we tend to tilt more towards innovation. That's very different from Europe and many other parts of the world, where the tilt is more...
AI not static, regulation must match pace of tech advancement: Nirmala Sitharaman
Nirmala Sitharaman, Finance Minister "Artificial Intelligence is not static. It is a rapidly progressing, real-time and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the...
PM Modi to launch ‘Swasth Nari, Sashakt Parivar Abhiyaan’ on Sep 17
Narendra Modi,Prime Minister The campaign will cover specialist services in gynaecology, paediatrics, dental care, dermatology, eye and ENT care, and mental health, supported by AIIMS, defence and railway hospitals, ESIC centres, and private hospitals New Delhi: Prime...
Tobacco kills 1.35 million Indians every year, but quit rates remain very low despite widespread awareness
Dr Sunaina Soni, Assistant Professor, Department of Physiology, AIIMS-CAPFIMS Centre, said, "Traditional cessation tools often have limited success in India. Safer, tobacco-free nicotine alternatives, when strictly regulated, could support smokers in moving away from...
PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary
M Nagaraju, Financial Services Secretary Key suggestions included adopting next-generation technologies, building common infrastructure, and designing hyper-personalized products. The discussions stressed the importance of modernising PSB technology by moving beyond...
New IRDAI chief Seth to meet insurance CEOs on Sept 17
Ajay Seth, chairman, IRDAI Though, basically it will be a welcome meeting for the insurers, Seth will use the forum to discuss a few things including the action plan by the insurers to implement the new goods and services tax (GST) plans announced by the government on...
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
The issue of globally competitive banks was deliberated during the first day of the two-day-long PSB Manthan 2025, organised by the Department of Financial Services here, One of the key points discussed was how to make at least two banks globally competitive and that...