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Law must remain responsive to lived human realities, says SC; enhances compensation
“If the law is capable of recognising anticipated economic...
Insurance joint secretary Goyal shifted out of DFS
Parshant K Goyal DFS, headed by secretary M Nagaraju currently...
Central banks favour gold over dollar for reserves, WGC survey
"Gold’s performance during times of crisis, portfolio diversification and inflation hedging are some key themes driving plans to accumulate more gold over the coming year," WGC LONDON: Central banks around the world expect their gold holdings as a proportion of their...
Action plan should be made to tackle heat waves: Amit Shah
Amit Shah ,Union Home Minister ``For the first time, we have also created a National Disaster Risk Management Fund at the national level with ₹68,000 crore,'' revealed Amit Shah New Delhi: Union Home Minister Amit Shah said over the past two years, workshops of all...
Household savings in India drop to 18.1% of GDP in FY24: CareEdge Ratings
On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed. New Delhi: India's household savings continued their downward...
Govt forms high-level committee to investigate Air India AI-171 crash
It will also review the current safety rules and suggest new ways to prevent such accidents in the future. New Delhi: The Indian government has set up a high-level committee to investigate the tragic crash of Air India Flight AI-171. The group has been asked to submit...
FM to meet heads of public sector banks on June 27 for annual review
Comprehensive review of various segments and progress in government schemes including the Kisan Credit Card, PM Mudra and three social security (Jan Suraksha) schemes -- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and...
No MDR will be charged on UPI transactions: FinMin
"Speculation and claims that the MDR will be charged on UPI transactions are completely false, baseless, and misleading. Such baseless and sensation-creating speculations cause needless uncertainty, fear and suspicion among our citizens. The Government remains fully...
Investors find opportunities in Asian high-net-worth clients and retail investors, says Apollo Global Management
Investors in Asia are now considering putting a portion of investment intended for the US into places like India and Australia, due to uncertainties brought on by tariff policies Apollo Global Management Inc. said high-net-worth clients and access to retail investors...
India’s social security coverage increased from 19 pc to 64 pc in 10 years
According to an official statement, ILO has acknowledged India's achievement and officially published on its dashboard that 64.3 per cent of India's population, i.e. over 94 crore people, are now covered under at least one social protection benefit. It is an...
India’s population to reach 1.46 billion, fertility rate falling below the replacement level of 2.1.
The country's 68 per cent of the population is of working age (15-64), providing a potential demographic dividend, if matched by adequate employment and policy support. New Delhi: India's population is estimated to reach 1.46 billion in 2025, continuing to be the...
FM asks NIIF to leverage its sovereign-backed design, explore diversified finance sources
Nirmala Sitharaman,Finance Minister The Governing Council appreciated NIIF's evolution as a sovereign-linked asset manager and acknowledged the efforts made over the years to build strong partnerships with marquee investors like Abu Dhabi Investment Authority, pension...