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Shriram Finance to sell 20 pc stake to Japanese firm MUFG Bank for Rs 39 618 cr
This collaboration combines Shriram Finance's established domestic...
Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief
The Bill provides a framework for greater operational agility and...
China to ‘formulate’ policies for elderly, focus on boosting birth rates
China's population fell for a third consecutive year in 2024, as marriages plummeted by one-fifth, the biggest drop on record, despite efforts by authorities to encourage young couples to wed and have children. Rapid ageing has become a growing concern in the world's...
Insurance nominations can’t override personal succession laws: Karnataka HC
Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee's claim must yield to personal succession laws Bengaluru: In a crucial ruling, the...
SC asks Centre to regulate online content sans censorship
"We have suggested the solicitor general to deliberate upon and suggest such a regulatory mechanism which does not impinges upon the right of free speech and expression but at the same time is also effective enough to ensure the parameters of such fundamental right as...
Relevance of gold as asset class to rise in coming years Nageswaran
Chief Economic Advisor V Anantha Nageswaran said it is very important to remember the relevance and the importance of gold for a portfolio, a store of value etc, more so in the backdrop of the likely ascending importance of gold in the coming years. New Delhi: Gold...
FPIs withdraw Rs 34,574 cr from equities in Feb; total outflow hits Rs 1.12 lakh cr in 2025
"Elevated valuations of Indian equities, alongside concerns about corporate earnings growth, have led to a sustained outflow of FPIs," Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors, said. New Delhi: Foreign investors have pulled out Rs 34,574...
Compensate construction workers affected by Grap even if no court order: SC
The bench said, "As far as 2024 and 2025 are concerned we have issued directions to the state to pay compensation. We make it clear that hereafter whenever the construction activities are required to be closed due to implementation of Grap measures, compensation shall...
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
The retirement body had paid 50.8 million claims worth Rs 2.05 lakh crore in 2024-25, up from 44.5 million claims totaling Rs1.82 lakh crore in the previous year. The 8.25 per cent interest rate in 2023-24 was based on EPFO’s record investment income of Rs 1.07 lakh...
Govt appoints Fin Secy Tuhin K Pandey as new Sebi chief for 3 yrs
Tuhin Kanta Pandey, Chairman, Sebi IRDAI chief Debasish Panda will also complete his three-year tenure on Mar 14 and it is yet to be know whether the government will extend his tenure at the Indian insurance regulatory body New Delhi: The government on Thursday...
Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts
While an investigating agency was fully empowered to conduct an investigation and recommend freezing of the entire account to the bank, the court pointed out, when resorted to such a measure, it must assign reasons. When it comes to small-time vendors, the action...
India committed to partnering with international stakeholders to tackle global healthcare challenges: Goyal
Piyush Goyal,Union Commerce Minister Goyal also mentioned that over the past decade, transformative steps have been taken in public healthcare, such as providing free treatment to millions of Indians, establishing Jan Aushadhi Kendras, and building modern medical...