President Donald Trump "The events are a reminder that geopolitical...
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Transport ministry proposes Aadhaar-like number to EV batteries for efficient traceability
This system aims to bring transparency, accountability, and...
Punjab to roll out Rs 10 lakh universal healthcare cover for 65 lakh families,UII to provide Rs 1lakh health insurance
Mathew George,executive director, United Indian Insurance and...
Govt implements comprehensive technical legal measures to deal with cyberattacks: Vaishnaw
"The government is cognizant of the increasing frequency and sophistication of cyberattacks in the country. The government has taken several legal, technical, and administrative policy measures for addressing cyber security challenges in the country," Electronics and...
Parliament approves Finance Bill 2025, completes Budget FY26 exercise
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Finance Minister Nirmala Sitharaman said New Delhi: The Rajya Sabha on Thursday...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh
However, government functionaries are expected to exercise due diligence and caution to ensure safety, security and confidentiality of public information while using any digital technology or platform, Union minister Jitendra Singh said in a written reply to the Rajya...
RBI may cut interest rates further and keep liquidity flush as economy braces for trade turmoil
Sanjay Malhotra, Governor, Reserve Bank of India Since taking office in December, Sanjay Malhotra has reduced interest rates for the first time in five years, injected nearly $60 billion into the banking system, allowed the rupee to slide, and eased restrictions on...
Govt discontinues parts of gold deposit scheme amid rising prices
The move is likely to reduce the government's future obligations and minimise risks related to gold prices. While banks paid the interest on the short-term deposits, the government paid it for the medium- and long-term ones. Banks can continue to offer short-term gold...
Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah
Amit Shah, Union Minister of Home Affairs and Co-operation To further strengthen the cooperative sector in India, Shah said, a cooperative insurance company will be set up soon that will provide insurance coverage to all cooperative societies in the country. He exuded...
More than a fifth of super rich want to migrate out of India Survey
The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
Regulations should not create unintended barriers for financial inclusion: RBI Guv
``India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and convenience...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile
The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...