“India’s long-term economic outlook remains favourable for non-life...
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Indian stock exchanges to remain open on Sunday for Union Budget 2026
Nirmala Sitharaman,Union Finance Minister The Budget Session of the...
RBI issues norms for internal ombudsman in banks, NBFCs
The directions have been issued with a view to strengthening the...
Sebi mandates cooling-off period for directors at market infrastructure institutions
In two separate notifications dated April 30, Sebi said that a non-independent director serving on the board of a market infrastructure institution will be eligible for direct appointment to the board of a competing institution after meeting two conditions -- a...
TikTok fined $600 million for sending EU data illegally to China
“TikTok did not address potential access by Chinese authorities to EEA personal data under Chinese anti-terrorism, counter-espionage and other laws identified by TikTok as materially diverging from EU standards,” said Graham Doyle, a deputy commissioner at the DPC...
Trading in Bitcoin in India is refined way of doing Hawala business: SC
The bench said that two years back while dealing with a case related to Bitcoin trade it had asked the Centre to apprise the court about the policy regime on the trade of virtual currency but till now it has not received any response. Senior advocate Mukul Rohatgi,...
Govt mandates legal interception of satcom services bars data routing outside country
The move assumes significance as the government is, for the first time, gearing up to open satellite communication service for the general public and needs to put measures in place to avoid any misuse of the services by criminal elements, especially terrorists. New...
India has 879.59 metric tonnes of gold, 511.99 MT held domestically: RBI
In value terms (USD), the share of gold in the total foreign exchange reserves increased from 9.32 per cent at end-September 2024 to about 11.70 per cent at end-March 2025, according to the RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves’. New...
US insurers pulling ahead in AI investment, strategy execution
One thing is certain, AI is not just a technical investment, it’s a strategic business priority for insurers. It demands leadership, cultural alignment, and organisational agility - areas where the US seems to be leading the way right now LONDON: New research from...
Parl panel seeks info on digital markets competition from CCI and MCA
Among other topics, the sources said the committee has asked about whether the ongoing India-US bilateral trade negotiations has any bearing on the progress of the digital competition bill New Delhi: A Parliamentary panel has sought detailed information from regulator...
Centralised KYC system in works Sebi chairman
Tuhin Kanta Pandey,chairman , SEBI The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions Elaborating on Sebi's AI-powered surveillance capabilities, Pandey...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte
India has made a significant advancement by allowing 100 per cent foreign direct investment under the automatic route in most sectors, including key areas like insurance, insurance intermediaries, tourism construction, hospitals, and medical devices New Delhi: India's...
India bans imports from Pakistan amid tension over tourist killings
India's Directorate General of Foreign Trade in a notification said the ban will take effect immediately NEW DELHI: India said it has banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations...