Shaktikant Das,Governor,Reserve Bank of India Annual retail...
Category:
Policy
Latest
Indian regulators have done world-class job made system more transparent: FM
Union Finance Minister Nirmala Sitharaman asked banks not to be...
Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day
Foreign Institutional Investors (FIIs) offloaded equities worth Rs...
Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO
The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the company in reworking its financial statement, according to a tender document issued in June.The government will soon invite bids seeking firms to value LIC,
Taiwan to further free up economy, aiming to become Asian financial hub
Instability in Chinese-ruled Hong Kong, especially after Beijing enacted a new national security law there, has called into question how long the city can remain Asia’s dominant financial centre.
While Taiwan is unlikely to supplant Hong Kong immediately, the government does hope to seize the opportunity to attract professionals and capital from the city.
Indian government keen to speed up stake sale in four banks
India currently has a dozen public sector banks in addition to IDBI, in which the government owns 47.11% while the state-owned insurance behemoth Life Insurance Corp owns a 51% stake.
Taxpayers” charter to send right message to global investors on regulatory certainty: Experts
This is part of ”Transparent Taxation — Honoring the Honest” platform which has been launched with the key objectives of bringing in transparency, efficiency and accountability. It would focus on faceless assessment and appeals, apart from the taxpayers” charter.
Plea in SC seeks commission for inquiry into mismanagement of COVID-19 pandemic
The petition has alleged that the Centre failed to undertake timely and effective measures for containing transmission of the virus and an independent inquiry by a commission, appointed under the Commissions of Inquiry Act 1952, was essential to inquire into the “lapses”.
Govt resumes appointment of directors in PSU general insurance companies,BBB selects 9
The nine senior officials who have new been selected as the new GM and directors are-Swami Balla for NIA, Anjan Dey for GIC Re,Deepak Prasad for GIC Re, Neera N Saxena for,NIC,Navneet Doda for NIC,Susmita Mukherjee for NIA,,Atul Jerath for OIC, Ravi Rai and Rajeev Chaudhury for UII.
Cabinet likely to take up proposal for Credit Guarantee Enhancement Corp soon
India requires an investment of whopping Rs 111 lakh crore in infrastructure over the next five years to sustain a healthy economic growth, according to the report of the Task Force on National Infrastructure Pipeline (NIP).
To meet the huge funding requirement, Credit Guarantee Enhancement Corporation would be one of the tools for mobilising funds for infrastructure development, sources said.
India attracts $22 billion FDI during COVID-19: Amitabh Kant
The Niti Aayog CEO said that if India wants to transform then it needs a programme like aspirational district programme.
Aspirational districts programme, launched in January 2018, aims to transform 112 districts that have shown relatively lesser progress in key social areas and have emerged as pockets of under-development.
Let Ayushman Bharat guide states to fix the cost of Covid -19 treatment,Centre to SC
CJI Bobde asked the government to urge insurance companies to release dues promptly.
“When there is a pandemic, insurance companies cannot keep their hands off,” he said.
International Financial Services Centres Authority forms panel to develop global retail business in IFSCs
Apart from channelizing India’s offshore business to the IFSC located at GIFT City and making it the gateway for India centric international financial services, the objective is to make it a global hub for international financial services on the lines of London, Hong Kong,Singapore and Dubai.