Global insurance premiums are set to grow by 2.3% in real terms in...
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UIDAI mulling to issue Aadhaar with photo, QR code to discourage offline verification
UIDAI CEO Bhuvnesh Kumar said that the authority is considering...
AIIMS,airport, public projects worth Rs20, 000 cr saved from demolition as SC recalls verdict on environmental clearances
With this recall, these projects now have a chance to be...
Build capabilities to ensure correct assessment of climate change risks: RBI Dy Guv Rao
The climate-specific vulnerabilities’ interplay with real economy and financial sector vulnerabilities can lead to financial stability risks, Reserve Bank Deputy Governor M Rajeshwar Rao said New Delhi: Reserve Bank Deputy Governor M Rajeshwar Rao has stressed on...
India sold more 2-wheelers than China in 2023 as rural consumption surges
Driven by the surge in rural consumption, India sold more two-wheelers than China in 2023, as entry-level manufacturers in the country expanded their reach to the rural areas of the country New Delhi: Driven by the surge in rural consumption, India sold more...
Govt develops eMaap for ensuring fair trade, consumer protection and a centralized database of all stakeholders
eMaap simplifies critical procedures such as issuing, renewing, and amending licenses, as well as handling verification & stamping of weighing & measuring instrument, registration certificates, and appeals, etc New Delhi: The Department of Consumer Affairs is...
Finance minister to start pre-Budget consultation with various stakeholders from Dec 6
Finance Minister Nirmala Sitharaman The pre-Budget consultation will end on December 30 with consultations with captains of Indian industry and players in the social sector, especially education and health. In between, meetings are scheduled with trade unions,...
Over 1.5 lakh startups recognised by government till October
Under the Startup India initiative, the Government is implementing three flagship Schemes, namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) to support startups at various stages of their...
LS passes Banking Laws (Amendment) Bill allowing 4 nominees in bank accounts
Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan Dhan Accounts. In 2014, the average balance of the PM Jan Dhan Accounts was Rs 1,065. It has now increased to Rs 4,397. The Banking Laws (Amendment) Bill, 2024, proposes to allow a bank account holder to...
Govt blocked 1 700 Skype IDs and 59 000 Whatsapp accounts used for digital arrest fraud says minister
Union Minister of State for Home Affairs Bandi Sanjay Kumar also stated that the ‘Citizen Financial Cyber Fraud Reporting and Management System,’ launched under I4C in 2021, enables immediate reporting of financial frauds to prevent the siphoning off of funds by...
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...