Under the scheme, every eligible road accident victim on any...
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From chaos to coaching: How real-time AI is slashing road fatalities on Indian roads
While global conversations often centre on AI's role in automation...
India has doubled climate spending to 5.6% of GDP, says Finance Minister Sitharaman
Union Finance Minister Nirmala Sitharaman The Finance Minister...
Cabinet approves Rs 1.07 lakh cr Employment Linked Incentive scheme to create 3.5 cr jobs in 2 yrs
The ELI scheme to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector, was approved by the Union Cabinet in a meeting, chaired by Prime Minister Narendra Mod New Delhi: The central...
China pushes commercial insurers in bid to boost local biotechs
The 3.5 trillion yuan ($486 billion) fund — which covers medical expenses for roughly 95% of China’s 1.4 billion people — will also set up a catalog of innovative drugs that can be reimbursed by commercial insurers, according to the document. The list could lead to...
Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses
For example, the country's biggest lender State Bank of India may look at listing SBI General Insurance and SBI Payment Services in the future after they scale up their operations.The general insurance arm of SBI has allotted 3,71,693 equity shares of ₹10 each during...
Sitharaman asks PSBs to develop credit models to fund Indian made small modular nuclear reactors
Lto R -M. Nagaraju,secretary,Department of Financial Services, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and Minister of State for Finance Pankaj Chaudhary at a high-level meeting in New Delhi to review performance of PSBs Sitharaman...
Govt proposes new registration plate for hydrogen vehicles
According to a draft notification issued by the Ministry of Road Transport and Highways on Friday, in case of a hydrogen fuel operated commercial vehicle, the top half of number plate will be green and bottom half blue, while the figures on plate will be in yellow New...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that there is no mis-selling of insurance to customer and premium are affordable so as to help increase market penetration for such products New Delhi: Observing that high premiums dissuade people from...
Investors’ wealth surges by Rs 12.26 lakh cr in 4 days of market rally
In the past four days, the benchmark has jumped 2,162.11 points or 2.64 per cent.Tracking optimism in equities, the market capitalisation of BSE-listed firms soared by Rs 12,26,717.72 crore to Rs 4,60,09,217.58 crore (USD 5.38 trillion) in four trading days. New...
DoT proposes changes in cyber security rules to curb frauds by misusing phone numbers
The draft cyber security rules published on June 24 proposed to create a new platform for phone number validation and also includes those entities that use phone numbers to identify customers like banks using phone numbers for UPI transactions New Delhi:The Department...
Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr
"FIIs continued to pare holdings due to the narrowing yield spread between US and Indian 10-year bonds; DIIs emerged as net buyers, buoyed by improving liquidity conditions and a rebound in domestic consumption," Vinod Nair, Head of Research, Geojit Investments...
French investigators order Tesla to stop ‘deceptive business practices’
Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control office said the automaker had engaged in deceptive commercial practices over the fully autonomous driving capabilities of its cars, had issued sales contracts with no date, time or...