According to the IRDAI, the broker does not have any right over the...
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100 pc FDI to help Indian insurance sector reach $222 billion by 2026
“However, it is crucial to understand the complexities of...
Govt eases norms for import of vintage cars
However, it said such cars that would be plying on public roads...
Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist
Gita Gopinath,Chief Economist,International Monetary Fund ''I think cryptocurrencies are a particular challenge for emerging markets. It seems to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies,'' she said while...
Future of Digital Payments in India
According to RBI, 'while the guidelines will be technology and platform agnostic, it will create an enhanced and enabling environment for customers to use digital payment products in a more safe and secure manner.' The digital payments growth in India has positioned...
RBI Governor cautions depositors to be careful while chasing high returns
RBI Governor Shaktikanta Das PM Modi said that over 1 lakh depositors have got about Rs 1,300 crore of their money with stressed banks in the past few days with the enactment of the legislation.He assured that about three lakh more such account holders will get their...
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,...