The scheme also includes a Credit Risk Coverage Framework, offering...
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Whole-time directors’ vigilance matters of PSU banks, insurers to be reported promptly:FinMin
The directive from the Department of Financial Services (DFS) under...
SC takes suo motu cognisance of Aravalli Range, hearing on Dec 29
As per the causelist published on the website of the apex court, a...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte
India has made a significant advancement by allowing 100 per cent foreign direct investment under the automatic route in most sectors, including key areas like insurance, insurance intermediaries, tourism construction, hospitals, and medical devices New Delhi: India's...
Heat Waves: Global Climate Change Need To Be Addressed
Various initiatives have been undertaken by the Government of India with the help of States to reduce the impact of heatwaves in the coming years. The National Action Plan on Climate Change (NAPCC) and State Action Plan on Climate Change (SAPCC) are one of the major...
India bans imports from Pakistan amid tension over tourist killings
India's Directorate General of Foreign Trade in a notification said the ban will take effect immediately NEW DELHI: India said it has banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations...
UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
Employee doesn’t have right to promotion but consideration if not disqualified: SC
"It is trite that the employee has no right to be promoted but has a right to be considered, when selections for promotions are carried out, unless disqualified; which right has been impinged, unjustly, in the above case," it said New Delhi: The Supreme Court on...
Denmark plans $1 billion war insurance for its merchant fleet
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
FSIB selects United India’s Sanjay Joshi as new CMD of Oriental Insurance
Sanjay Joshi, selected CMD of Oriental Insurance Company The FSIB, the head hunting agency for selecting executive directors and CMDs and CEO and MDs of state owned financial institutions, had interviewed five candidates, -Joshi, Rekha Solanki, ED, National Insurance...
Allahabad HC seeks details after UP says 82 bridges in state ‘unsafe’
"A detailed chart regarding the location and life of the bridges shall also be placed on record so that effective monitoring of bridge safety is considered and implemented in a planned manner by the State Government," the order said Lucknow: The Lucknow bench of the...
ESG Review-Course-correction underway among financial firms
The upshot is a broad-based retreat from the environmental and social principles that initially led financial firms to look for hires outside their usual stomping grounds. As a result, many of the climate scientists and campaigners from nonprofits who were hand-picked...
FSIB to select a new CMD for OIC on Friday
Government appoints Amit Misra as acting CMD of OIC for three months The five shortlisted senior officials who will be interviewed are-Rekha Solanki, ED, National Insurance Company, Anjana Saxena, National Insurance Company, Chandra Iyer, GM, New India...