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Close coordination among stakeholders necessary to prevent digital frauds says:RBI
A two-day workshop for executive directors and heads of fraud risk...
DGCA revises air ticket refund norms; no additional charges for changes within 48 hours of booking
“This facility shall not be available for a flight whose departure...
Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS till July 20, and the last date to enrol under the scheme is September 30 New Delhi: The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS)...
RBI forms committee for periodic review of regulations
The review body will be advised by a group of six industry experts, and will be chaired by State Bank of India's managing director Rana Ashutosh Kumar Singh. N. S. Kannan, former managing director & Chief Executive Officer, ICICI Prudential Life Insurance is one...
Irdai chairman Ajay Seth launches Bima Sugam website
``The launch of the website today is an important milestone, and I am confident that with collective industry commitment, the vision of 'Insurance for All by 2047' — as part of the Prime Minister's mission of Viksit Bharat 2047 — will become a reality. Ajay...
GST on renewable energy devices rationalised to 5%, to accelerate India’s clean energy transition
By making renewable energy more affordable and accessible, this reform aligns with India’s international commitments under the Paris Agreement while advancing the nation’s target of 500 GW of non-fossil fuel capacity by 2030. It firmly positions India as a leader in...
SEC is “prioritizing” Trump’s proposal to end quarterly reports on earnings
“Subject to SEC Approval, Companies and Corporations should no longer be forced to “Report” on a quarterly basis (Quarterly Reporting!), but rather to Report on a ‘Six (6) Month Basis,'” Trump said on social media. “This will save money, and allow managers to focus on...
NPS customers can now operate multiple pension schemes: PFRDA
Account holders will now be able to operate multiple pension programs, compared with just one earlier, the Pension Fund Regulatory and Development Authority said in a filing Tuesday. The change will help subscribers align their retirement and wealth building goals,...
Re-labelling medicines not mandatory, but consumers will avail GST benefits: Govt
The manufacturers/ marketing companies shall issue a revised price list or supplementary price list, in Form V/VI, to dealers and retailers for display to consumers, and to State Drug Controllers and the Government, reflecting the revised GST rates and revised MRP New...
Hospitals’ body AHPI demands restoration of cashless services by Star Health
"An entity seeking authorisation to commence or carry on PA business shall have a minimum net-worth of ₹15 crore at the time of tendering application for authorisation; and shall attain a minimum net-worth of ₹25 crore by the end of the third financial year of grant...
India adopts techno legal approach for AI safety Vaishnaw
Ashwini Vaishnaw,Minister of Electronics and Information Technology "When there is a trade off between regulation and innovation, we tend to tilt more towards innovation. That's very different from Europe and many other parts of the world, where the tilt is more...
AI not static, regulation must match pace of tech advancement: Nirmala Sitharaman
Nirmala Sitharaman, Finance Minister "Artificial Intelligence is not static. It is a rapidly progressing, real-time and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the...