"Failure to observe such due diligence obligations shall result in...
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2025-one of 3 hottest years on record
WWA(World Weather Attribution) scientists identified 157 extreme...
Pvt sector insurers pay higher commissions, constraint expansion of insurance coverage:IRDAI & RBI reports
Commission expenses and operating expenses constitute a major part...
Draft Insurance Laws Amendment Bill in advanced stages, to be tabled in Parliament shortly: Minister Pankaj Chaudhary
Pankaj Chaudhary,Minister of State for Finance M Nagaraju, Scretary, DFS, mentioned that to ensure greater consistency, consumer protection, transparency, and grievance redressal, the department is proposing setting up a unified forum where regulators and authorities...
Govt approves Rs 3,880 crore scheme for Livestock Health and Disease Control Programme
Scheme will help in prevention and control of livestock diseases through vaccination, surveillance and upgradation of healthcare facilities New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, today approved the Revision of Livestock Health and...
SC issues contempt notice to Punjab for failing to implement pension scheme
"In spite of repeated undertakings given to the high court, compliance has not been made by the state government. Therefore, we issue showcause notice to K A P Sinha, chief secretary, State of Punjab calling upon him to showcause why action under the Contempt Of...
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...