The bench said the issue of regulating fees charged by private...
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Parliamentary panel rejects govt response on cyber fraud, says it fails to plug key gaps
The committee noted that under the proposed compensation framework,...
Govt plans insurance reforms to rein in healthcare costs, sources say
"The idea is to benchmark treatment rates, agreed between insurers...
Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures," the health ministry said in response to Reuters queries about the lobbying by Philip Morris adding...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...
DPIIT notifies 100% FDI in the insurance sector
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry Ministry has notified 100% foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.The Government of India has...
Parli Thermal Power Station asked to stop operation of 2 units for non-compliance of pollution norms
Parli Thermal Power Stations (PTPS) had not conducted the annual mandatory third-party safety audits of its ash dykes since 2019. The ash dyke areas were accessible to illegal excavators which can lead to serious environmental hazards, the letter said, adding that...
AI has led to industrialisation of cybercrime, says Indian Cybercrime Coordination Centre CEO
``The biggest change that has come is that now cybercrime is being committed on an industrial scale. The technology has enabled industrialisation of cybercrime. With industrialisation, I mean the organised criminal gangs, mostly operating from Southeast Asia, Africa,...
Govt makes it mandatory to label AI-generated content to counter deepfake
The amendments aim to address the growing risks posed by deepfakes and AI-driven misinformation, while balancing innovation with user safety and accountability. Non-compliance may attract penalties under the Information Technology Act, 2000, and other applicable...
Govt tightens grip on social media with new three-hour takedown rule
"An intermediary shall periodically inform its users, at least once every three months, in a simple and effective manner through its rules and regulations, privacy policy, user agreement, or any other appropriate means," about the consequences of violating rules...
Aviation regulator DGCA issued 352 show cause notices to airlines for violations in last 2 years
A total of 352 show cause notices were issued and out of them, penalties were imposed on the airlines concerned with respect to 139 notices, according to the data furnished as part of a written reply by Minister of State for Civil Aviation Murlidhar Mohol. New Delhi:...
SC terms siphoning of over Rs 54,000 cr by digital fraud ‘dacoity’, asks Centre to frame SoP
Noting that such offences may be due to either collusion by or the negligence of bank officials, the top court stressed the need for timely actions from the RBI and the banks. Issuing a slew of fresh directions, it asked the Ministry of Home Affairs to consider the...
General Insurers’ total Jan premium rises 15% to Rs 33,346 crore
With another two months, February and March, to go before the current fiscal, FY 26, comes to an end , the industry’s total premium has already exceeded Rs 2.83 trillion till January whereas in FY 25,the industry’s total premium was over Rs 3.07 trillion Mumbai:Post...