The sanctions target oil giants Rosneft and Lukoil, which between...
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Digital payment adaptability in India reaches 87%: FM Sitharaman
India is recognised as a world leader in digital payments,...
HDFC Life Q2 net profit inches up 3 pc to Rs 447 cr
"The recent GST revisions are a constructive structural shift aimed...
Insurers seek zero-coupon bonds to manage long-term risks
Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...
Vanuatu urges World Court to recognise climate change harms
Vanuatu, one of the small island states that has spearheaded the effort to get the World Court to give a so-called advisory opinion, was the first of more than 100 states and international organisations to give its views during two weeks of proceedings THE HAGUE:...
EPFO invests Rs 34,208 cr in ETFs during Apr-Oct
The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
No conclusive data to establish direct correlation of disease exclusively due to air pollution: Govt
Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, MoS for Health Prataprao Jadhav...
Panel comprising RBI academia preparing new base year for GDP
The government has decided to update the base year for compilation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, said the Minister of State for Statistics & Programme Implementation Rao Indjerjit Singh in a written reply to Rajya Sabha New Delhi: A...
GST on cigarettes tobacco aerated beverages may be hiked to 35 pc GST Council decision on Dec 21
"The GoM has agreed to propose a special rate of 35 per cent on tobacco and related products and aerated beverages. The four-tier tax slab of 5, 12, 18, and 28 per cent will continue and a new rate of 35 per cent is proposed by the GoM," said the official New Delhi:...
Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM
Nirmala Sitharaman, Finance Minister "…The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to come...
14 lakh Ayushman Vay Vandana cards created for elderly above 70 in a month: Centre
The estimated expenditure for the AB-PMJAY scheme for senior citizens above 70 years is Rs 3,437 crore. Of this, Rs 2,165 crore in the central share expenditure is likely to be incurred during the Financial Year 2024-25 and 2025-26, the Ministry said. New Delhi: About...
Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari
Nitin Gadkari, Union Minister for Road Transport and Highways To ease the economic burden on citizens, especially low-income groups, incentives are provided for scrapping vehicles. These include waiving registration fees for new vehicles purchased with a "Certificate...
Govt seeks to overhaul Indian insurance sector with extensive reforms measures
Insurers to be allowed to do certain other business, in addition to insurance business, enabling additional stream of revenue for insurers - like carrying of guarantee or indemnity business, managing and selling property possessed by company in satisfaction of claims,...