Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman,...
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Sebi member expresses concerns over misleading disclosures related to ESG metrics
Speaking at the ESG Summit organised by the industry body FICCI...
Govt amends norms to restore Aadhaar verification process for private entities
"Any entity other than the Ministry or Department… which is...
PM Modi to address depositors in bank deposit insurance programme tomorrow
"Deposit insurance covers all deposits such as savings, fixed, current, recurring deposits, etc. in all commercial banks, functioning in India. Deposits in State, Central and Primary cooperative banks, functioning in States/Union Territories are also covered," said...
Sebi asks mutual funds, alternate investment funds, portfolio managers to disclose investors charter, complaint data
Mutual funds are required to disclose the details of investor complaints on their respective websites as well as on AMFI website on a monthly basis in the prescribed format The data needs to be disclosed latest by 7th of succeeding month, Sebi said in separate...
Time for Covid-19 booster doses, recommends house panel
The Committee has also recommended that the MHA may take up with the Health Ministry to issue guidelines on fixation of price ceilings for hospital beds during pandemics like COVID-19 and other public health emergencies and due publicity be given to such prices. New...
Cyber security, frauds main concerns with digital currency: RBI
"Main concern comes from the angle of cybersecurity and possibility of digital frauds. We have to be very careful about that," said RBI governor Das Mumbai: As the RBI moves ahead for the launch of the central bank digital currency (CBDC), Governor Shaktikanta Das on...
RBI leaves rates unchanged,continues accommodative stance
Shaktikanta Das, governor, RBI The RBI's monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
Countries with regulations against industrially produced trans fats tripled over the past year
UN: Forty countries now have best-practice trans fat elimination policies in effect, protecting 1.4 billion people from this deadly food compound, according to a report released on Tuesday by the World Health Organization (WHO). Around 940 million people living in...
Panel orders immediate closure of NCR industries not using cleaner fuels
"Despite the measures taken in different sectors towards improvement of air quality in Delhi-NCR, the air quality still remains in the 'very poor' to 'severe' category," the Commission for Air Quality Management said. NEW DELHI:In a stern action against industries,...
Proposed India bill banning crypto payments could mean jail for violations
The government's plans to crack down heavily on cryptocurrency trading sparked a frenzy in the market and several investors exited with significant losses. New Delhi: Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also...
`Let there be a Health Regulator or IRDAI should regulate hospitals,’ Alamelu
T L Alamelu, Member,(Non-Life),IRDAI Alamelu also cautioned insurers about the premium hikes and said the regulator is watching the situation "We have an eye on how insurers increase their premiums," Alamelu said Hyderabad: T L Alamelu, Member (Non-Life), Insurance...
Maharashtra implements Motor Vehicles Act; hikes compounding fees for traffic offences
Driving without insurance will be punishable with Rs 2,000 compounding fees State transport commissioner Avinash Dhakane said the hike in compounding fees will help bring down accidents and ensure discipline among the citizens. "This will help improve overall road...