Amarjeet Singh, Whole Time Member, Sebi Reiterating the need for...
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GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary
Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed...
DGCA issued 4 show-cause notices to Air India over 29 violations: Minister
The DGCA carried out 171 regulatory audits from 2020 to June 2025...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google admitted the arrangement had a substantial impact on competition from rival search engines, and has stopped signing similar deals while also agreeing to the fine, the Australian Competition and Consumer Commission (ACCC) added. Google agreed on Monday to pay a...
Cabinet approves bill to regulate online gaming platforms, real money games may face ban
Sources said that the decision has come following observations from the government that online money gaming provides means to facilitate money laundering, fraudulent financial transactions, and cyber crime, among others The Cabinet has approved the bill to regulate...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
As many as 409 companies operating from IFSC GIFT City
Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as - setting up of International Financial Services Centres Authority (IFSCA) as a unified statutory...
Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday
Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
Generative AI set to improve banking operations in India by 46%: RBI Report
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer...
Australia’s financial regulator sues Mercer over customer disclosures
The lawsuit comes after an Australian Securities and Investments Commission report criticized leadership across the A$4.1 trillion pensions industry for fostering a culture of poor customer service, outlining 34 recommendations for reform. The regulator has also taken...
Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS
The OFS , which could be between 2.5% and 3% of government's equity in LIC, could mobilise between Rs14,000 crore and Rs 17,000 crore New Delhi: The government is firming up further stake sale of between 2.5% and 3% of its equity in Life Insurance Corporation (LIC)...
RBI panel recommends AI framework for finance sector
"The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk," the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a policy to...
Mule Account Menace: Lucknow’s local youths fall prey to global cyber fraud network
The funds come from a range of cybercrimes in India: online investment frauds, fake job or task schemes, sextortion, and bogus trading platforms. Victims' payments are funnelled into mule accounts before disappearing into the blockchain - beyond the jurisdiction of...