The thematic tracks will focus on deposit mMobilisation, banking...
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UPI transactions remain free for consumers: FM Sitharaman
Nirmala Sitharaman,Union Finance Minister Clarifying the position...
UPI stays free for users, vast majority of transactions to remain free for merchants as well: Govt
Justifying marginal charges the government has said with...
Health insurance providing financial protection to over 60% of Indian households:Govt Survey
Flagship schemes such as Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY) have played a pivotal role in increasing access to affordable healthcare services, particularly for vulnerable populations.Expansion marks a critical step towards universal health...
DFS launches Common Landing Portal for unclaimed financial assets
M. Nagaraju,Secretary, DFS The portal, accessible at https://www.unclaimedassetsportal.in, serves as a unified platform providing access to search facilities relating to unclaimed bank deposits, insurance claims, shares, dividends and mutual funds available across the...
SC says right to trauma care of citizens integral part of right to life; passes slew of directions
A bench of Justices J K Maheshwari and A S Chandurkar also directed the states and UTs to establish functional (physical and digital) good samaritan grievance redressal systems with designated nodal authorities at state and district level within three months, and...
Govt prepares Rs10,000 crore LIC stake sale next month
The government plans to sell a stake of about 2% in the state-run insurer in late June or early July to institutional investors.The Department of Investment and Public Asset Management, under India’s Finance Ministry, is working with Goldman Sachs Group Inc., Motilal...
FSIB to select a new CMD for New India on May 28,6 PSU and Pvt sector officials in race
From PSU insurance sector, Lavanya Mundayur, CMD, Agriculture Insurance Company(AIC), Mini George, executive director(ED),AIC, S Sivasankar,ED, New India Assurance, and from the private sector, Ashok Lahoty,actuary, National Insurance Company,and Prabha Chokani, Head...
Parl panel to discuss impact of West Asia crisis on India’s maritime trade
India's maritime trade, especially in the energy sector, has been hit after the West Asia war broke out on February 28, disrupting ship movement in the Strait of Hormuz. A large portion of India's fuel supplies came from the Gulf and West Asian countries. New Delhi:A...
Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition
"The move is expected to enhance the availability of verification services, improve efficiency and support the growing adoption of cleaner fuels across the country," the ministry said in a statement. New Delhi:The consumer affairs ministry has amended legal metrology...
Govt launches tech platforms for sr citizens and elderly care
Virendra Kumar, Union Minister for Social Justice and Empowerment Virendra Kumar, Union Minister for Social Justice and Empowerment, launched the JEEVAN (Joint Elderly Empowerment & Virtual Assistance Network) mobile application, a dedicated digital platform...
Iran war tests UAE’s safe-haven image
The UAE, a close ally of the United States and Israel, faced more missile and drone attacks from Iran during the war than any other country. The attacks — and Iran’s chokehold on the Strait of Hormuz — have more than halved the Emirates’ exports of crude oil and...
EPFO intensifies efforts for reduction of litigation, to use WhatsApp to enhance reach
Alongside clearing legal pendency, EPFO is moving to simplify how members interact with it. The organisation is planning to use WhatsApp to expand outreach and streamline services. New Delhi:The Employees' Provident Fund Organisation has sharpened its focus on cutting...