Ibrahima Cheikh Diong,director-designate,The Fund for Responding to...
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GoM on GST rate rationalisation to meet on Sep 25 to discuss slab, rate tweaks
During the August meeting, the panel had tasked the fitment...
Quad Cancer Moonshot: PM Modi announces $7.5 million support to fight cervical cancer
Narendra Modi, Prime Minister The Cancer Moonshot is a White House...
China moves closer to allowing foreigners to control insurance ventures: sources
Beijing said in November last year that for insurance ventures it would first raise the foreign ownership cap to 51 percent from 50 percent. It has also pledged to remove the limit completely in three years
India jumps 23 places to 77th in ease of doing business ranking
The report recognises India as one of the top 10 improvers in this year’s assessment, for the second successive time. India is the only large country this year to have achieved such a significant improvement.
An evolving economy needs dynamic regulation, says Arun Jaitley
“I think…now that we are evolving as an economy, where all regulation needs to be relaxed or needs to be altered depending on the ground situation, I think this would be quite useful in the whole process,” he said.
Aadhaar mandatory for those seeking treatment under Ayushman Bharat for second time
Since its rollout over 47,000 people have already availed the benefits of the scheme, which has been touted as the world’s largest health insurance programme while over 92,000 have been given Gold cards, Deputy CEO of NHA, Dinesh Arora said
Govt to create `talent pool’, to allow second option on pension for PSU general insurance Cos
New Delhi: The government is keen to set up a `talent pool’ to deal with the succession planning for the PSU general insurance sector,even as, it has shown favourable response to the long standing demand to give one more option on pension to the...
Banks, telcos may be allowed to use Aadhaar again via legislation: Jaitley
The Supreme Court had last month upheld the Constitutional validity of Aadhaar, the 12-digit biometric-based unique identity number, but restricted its use by private entities like telecom operators for verifying the identity of mobile phone users
Aadhaar not mandatory for opening bank accts, insurance policies & mobile connections:SC
The Court struck down down section 57 of Aadhaar Act preventing the use of Aadhaar number for establishing the identity of an individual for any purpose, whether by the State or any body corporate or person. “Minimal demographic & biometric data of citizens are collected by the UIDAI for Aadhaar enrolment. Aadhaar number given to a person is unique & can’t go to any other person” said the SC. Now, Aadhaar cannot be mandatory for mobile connections but is maded mandatory for Income Tax returns.
Modified Jan Dhan: No of accounts swell to 326.1 mn; Rs 12.66 bn increased
During the August 15-September 5 period, the total deposits in 32.61 PMJDY accounts witnessed an increase of Rs 12.66 billion.
The balance in PMJDY accounts was Rs 824.90 billion as on September 5.
Govt mulls action against India heads of social media on fake news
During recent meetings with the representatives of the Twitter India, Facebook, WhatsApp and Youtube, the government officials made it clear that the social media platforms have to comply with the directives without delay, and if not done, action under law would be initiated against them.
What Will Happen to EU Financial Services Firms After No-Deal Brexit?
Britain says it will allow EU financial service firms to continue operating in the U.K. for up to three years – though it can’t guarantee the reverse will also be true.The documents say “people and businesses should not be alarmed” by the planning.