"We have not been encouraging cryptocurrency, which does not have...
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Net-Zero Banking Alliance winds up operations
The alliance, set up in 2021, was the banking industry’s main body...
SEBI chief warns investors on fraudsters offering guaranteed returns
Tuhin Kanta Pandey, Chairman,SEBI "Our survey reveals that an...
SBI Caps CEO RK Sinha appointed as Member, Finance & Investment, IRDAI
RK Sinha, MD& CEO, SBI Capital Markets Sinha is an officer from State Bank of India having specialisation in Treasury, Trade Finance & Balance Sheet Management. Analysts pointed out that with his expertise in global markets, Sinha will contribute to the...
FSIB kickstarts exercises to appoint 9 EDs in PSU general insurance companies
FSIB has shortlisted a few of GMs who were promoted in FY2022-23 and also in FY 2023-24, though they have not completed one year in the posts New Delhi: After deciding to convert the posts of general mangers and director(GMDs) into executive directors(EDs), the...
Biden administration to unveil contractor rule that could upend gig economy
The rule replaces a Trump administration regulation that said workers who own their own businesses or have the ability to work for competing companies, such as a driver who works for Uber and Lyft, can be treated as contractors. The administration of U.S. President...
Dec 2023 quarter: Maha had max fake firms, Delhi top GST dodger
Of the 4,153 fake firms, Maharashtra topped the list with 926, followed by Rajasthan (507), Delhi (483), Uttar Pradesh (443), Haryana (424), Karnataka (223), Tamil Nadu (185), Gujarat (178), Odisha (138), West Bengal (126), and Telangana (117) Mumbai: In a dubious...
United, Alaska find loose parts on 737 MAX planes, raising pressure on Boeing
The Federal Aviation Administration said planes would remain grounded "until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners." WASHINGTON/CHICAGO: Boeing's latest 737 MAX crisis deepened...
LIC to pick up 10% stake in NHB-promoted company
In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of the share capital Mumbai: Life Insurance Corporation of...
India’s exports may take a $30 billion hit on Red Sea disturbances
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
MFs’ AUM at Rs 50 lakh cr, add Rs 10 lakh cr in 2023
The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations
According to DGCA, the revised regulations mandate increased weekly rest periods from 36 hours to 48 hours for flight crew, thus ensuring sufficient time for recovery from cumulative fatigue New Delhi: The Directorate General of Civil Aviation (DGCA) has made...
DGCA says checks of Boeing 737-8 Max planes completed satisfactorily
"These checks have been satisfactorily performed on the fleet of operational fleet of Boeing B737-8 Max aircraft by Air India Express (4), Spicejet (8) and Akasa (20)," DGCA said in a statement New Delhi: Aviation regulator DGCA on Monday said the checks of Boeing...