Amit Shah, Union Home Minister Union Home Minister Amit Shah said...
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Due diligence of qualified bidders for IDBI Bank underway: MoS Finance
The government, along with LIC, is selling nearly 61 per cent stake...
IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14
Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to...
Panda takes charge as new IRDA chief, wants faster decision making in the regulatory body
Debasish Panda, chairman, IRDAI `Yes, he has assumed the charge of the chairman of IRDA in New Delhi today. In his initial wish-list for the IRDA employees, he has preferred digital, quick decision making and quick renewals of licenses,'' confirmed IRDA sources New...
RBI bars Paytm Payments Bank from onboarding new customers
"The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of the IT...
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
The Securities and Exchange Board of India (SEBI) last month flagged concerns in proposing stricter disclosures, saying more and more new-age tech firms which "generally remain loss making for a longer period" were filing for IPOs, and traditional financial...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of Cabinet (ACC) has approved the appointment of Panda, a former secretary, department of financial services, as chairman of the IRDAI for three years on Friday New Delhi; Finally, the government has appointed...
Rakesh Joshi appointed as member,Finance & Investment, IRDA
The appointments committee of the cabinet (ACC) has approved the appointment of Joshi as member, IRDAI, for three years, said a DoPT order The post had fallen vacant following the retirement of Pravin Kutumbe after completing his three-year tenure in March 2021 New...
U.S. Treasury launches campaign to educate public about crypto risks
Populations that have limited access to mainstream financial services is a key group the Treasury will look to reach, Nellie Liang, Treasury undersecretary for domestic finance “We’re hearing more and more about investors and households who are purchasing crypto...
Biden orders government to study digital dollar, other cryptocurrency risks
Wide-ranging oversight of the cryptocurrency market, which surged past $3 trillion in November, is essential to ensure U.S. national security, financial stability and U.S. competitiveness, and stave off the growing threat of cyber crime, administration officials said...
We see clear advantages in central bank driven digital currency: Nirmala Sitharaman
''We see clear advantages in a central bank driven digital currency, because in this day and age, bulk payments happening between- countries, large transactions between institutions and large transactions between central banks themselves of each country- are all...
Make disclosure regarding a food article being vegetarian or non-vegetarian as mandatory: Delhi HC
The high court directed the Food Safety and Standards Authority of India [FSSAI] to issue a fresh communication to all the authorities concerned stating the obligation to make clear disclosure as to whether the food article is vegetarian or non-vegetarian. A bench of...
Investors brace for volatility as West moves to cut Russia off from SWIFT
The latest measures could send markets on another wild ride, as traders assess the implications for the global economy, including potentially higher commodity prices and inflation Investors were preparing on Saturday for more wild gyrations in asset prices after...