CS Setty,Chairman,State Bank of India On the long‑standing demand...
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China plans infusing $29 billion of capital into large insurers
The proceeds will be injected into state-controlled firms including...
WHO sees low risk of Nipah virus spreading beyond India
"The WHO considers the risk of further spread of infection from...
RBI to issue climate risk disclosure rules for banks soon
As part of the central bank's climate disclosure rules, banks will be required to calculate gross emissions of borrowers and disclose this information by asset classes and industries, according to the draft norms. Such disclosures are expected to be included in their...
Parliamentary panel on Income Tax Bill adopts report makes 285 suggestions
According to the government, the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience New Delhi: A Parliamentary panel examining the Income Tax Bill-2025 on Wednesday made 285 suggestions...
SC directs FSSAI to implement Front-of-Pack nutrition labels on packaged foods
The Union health ministry has also recently proposed displaying sugar and oil boards as an initiative to promote healthier dietary habits in various settings. New Delhi: The Supreme Court of India has directed Food Safety and Standards Authority of India (FSSAI) to...
Pension fund managers want changes on in bond rules for higher yield on retirement savings
Currently, investment in corporate bonds maturing in less than three years is capped at 10%, with most securities needing ratings from at least two credit agencies, according to a March 2025 circular by the pension regulator Mumbai/New Delhi: Indian pension managers...
Need to establish weather station at wind solar plants of 50 MW CEA
"Accurate measurement of critical meteorological parameters would optimise renewable energy generation. Also, it would improve overall generation predictability, efficiency, enhance grid reliability and ensure regulatory compliance," the goverment notification said...
Govt eases emission rules for coal power plants, reversing decade-old mandate
The government said the decision was taken after the Central Pollution Control Board carried out a detailed analysis of the increase in "carbon dioxide emission into the atmosphere due to operation of control measures being deployed." NEW DELHI: India has reversed a...
20 river sites under flood risk 3 locations in Assam and Bihar face severe inundation CWC
Overall, the CWC has flagged flood concerns in 20 locations, primarily in Assam, Bihar, Odisha, Uttar Pradesh, and West Bengal. New Delhi: Twenty river sites across India remain under flood risk, with one location in Assam and two in Bihar experiencing severe flood...
European Commission to propose floating Russian oil price cap
The Commission proposed lowering the Group of Seven (G7) nations’ price cap from $60 a barrel to $45 barrel in June in its 18th package of sanctions against Russia for its invasion of Ukraine. The G7 price cap, aimed at curbing Russia’s ability to finance the war in...
UP govt sets July 31 deadline for kharif crop insurance; farmers must report damage within 72 hours
Farmers can register through banks, common service centers, or the official portal www.pmfby.gov.in. For help with registration, claims, or documentation, they can contact the Crop Insurance Helpline at 14447 Lucknow: To protect against potential risks this kharif...
Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says
"Strict supervision" of the National Health Claims Exchange - the platform that acts as a gateway between insurers, healthcare providers and patients - will improve the "collective bargaining power" of insurance companies to set treatment rates, the source said NEW...