Property owners must submit key details, including site plans and...
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China exploring options to open up a wider range of financial areas: Financial regulator
Total assets under foreign banks and insurance institutions in...
US spends nearly $1 trillion on disaster recovery and other climate-related needs over last one year
Overall, increased climate costs from insurance premiums, power...
Expanding missile threats and airspace closures are straining airlines
With increasing airspace closures around Russia and Ukraine, throughout the Middle East, between India and Pakistan and in parts of Africa, airlines are left with fewer route options NEW DELHI: Proliferating conflict zones are an increasing burden on airline...
RBI considers easing bank ownership rules as foreign interest grows
Banking remains one of the most guarded sectors of the Indian economy. While foreigners including portfolio investors can own up to 74%, regulations limit a strategic foreign investor's stake to 15%. MUMBAI: The Indian banking regulator is signalling possible rule...
‘Next Covid pandemic far from over’: Delhi HC seeks details on sample collection
"Considering that the next Covid pandemic is far from over and in fact, active, amongst the community, today, as per news reports, the vacuum, if any, of steps taken post the meeting of May 30, 2023, is a serious issue," the judge said According to the Ministry of...
Profits earned through ethical means create wealth for nation FM
"If you lift everyone out of poverty, give them employment, give them a certain standard of living and give them access to fundamental basic necessities, as a result, they are above where they were before, and they have greater access to the country's productive...
Higher Q4 helps clock 6.5 pc GDP growth in FY25 India world’s 5th largest economy
Finance Minister Nirmala Sitharaman The size of the Indian economy rose to Rs 330.68 lakh crore or about USD 3.9 trillion from USD 3.6 trillion in the previous fiscal 2024. This makes India the world's fifth-largest economy behind the US, China, Germany and Japan....
India poised to remain fastest growing major economy in FY26: RBI
The RBI flagged global financial market volatility, geopolitical tensions, trade fragmentation, supply-chain disruptions and climate-induced uncertainties as factors posing downside risks to the growth outlook and also upside risks to the inflation outlook. Mumbai:...
Sitharaman directs PSU general insurers to adopt AI-driven claim settlement systems swiftly, safeguard profitability
Finance minister Nirmala Sitharman chaired a review meeting of six Public Sector General Insurance Companies (PSGICs) in New Delhi today The importance of robust underwriting practices and portfolio optimisation was also highlighted by the FM with instructions to...
Promoting Mental Wellbeing: Investing in APAC Youths
Research shows that approximately half of all mental health conditions emerge by age 14, with 75% developing in the following decade. Among adolescents, mental health conditions now account for 15% of the global health conditions — a ratio significantly intensified by...
Deadline to file income tax returns extended till September 15
“To facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date for filing of ITRs, originally due on July 31, 2025, is extended to September 15, 2025,” the Central Board of Direct Taxes (CBDT) said in a statement on...
Govt to address ecommerce dark pattern concerns with all stakeholders
Pralhad Joshi, Union Minister for Consumer Affairs After extensive stakeholder consultation, the department issued comprehensive guidelines on the prevention of dark patterns on November 30, 2023 recognising 13 prominent dark patterns in e-commerce including False...