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India’s Junk Food Label Battle: Big food fights back
``The threat that warning labels pose to profits means the industry...
SEBI launches Cyber Suraksha Portal for cyber alerts, vulnerability warning
"Through this portal, market participants can directly access the...
Rs 8.5 lakh crore DII inflows dwarf FPI outflows in FY26: SEBI
The strong domestic participation helped push DII ownership in the NSE-listed universe to an all-time high of 17 per cent, while FPI ownership fell to a 15-year low of 15.8 per cent.In addition, mutual funds accounted for a large part of the domestic inflows,...
IRDAI should fast-track risk-based capital framework; GST on insurance needs rationalisation: Parliamentary panel
The Committee noted that the 18 per cent GST on insurance products has adversely affected affordability and insurance penetration.It "recommended that the Government examine GST rationalisation for health, term life, agricultural insurance and reinsurance products on...
Low insurance penetration, reforms to drive ‘massive’ growth in India’s insurance sector: S&P
"Accelerated industry reforms and low penetration levels to drive massive sector growth in India. Liberalization, competition and regulatory changes will shape the insurance sector's development," the S&P report said. New Delhi:India's insurance sector is poised...
Government raises Rs 31,552 crore as LIC Offer for Sale closes with overwhelming investor response
"Offer for Sale in the Life Insurance Corporation of India (LIC) closed with an overwhelming response from both retail and institutional investors. The issue was oversubscribed on both days, and the Government exercised its entire green shoe option. With this, the...
RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
RBI marginally raised the growth forecast to 6.7 per cent while lowering inflation projection to 5 per cent for the current fiscal. Mumbai: In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in a row this...
Govt paves way for return of merchant fees on digital payments
An amendment to India's Payment and Settlement Systems Act, tabled in parliament by Finance Minister Nirmala Sitharaman, would allow the introduction of a merchant discount rate (MDR) on digital payments, according to industry and regulatory sources. NEW...
SC extends mandatory TP vehicle insurance period by one yr, asks IRDA to implement it immediately
The Supreme Court directed third-party insurance period for new vehicles be extended by one year, ordering that new cars must henceforth be covered for four years and new two-wheelers for six years at the time of purchase It directed all stakeholders to comply with...
FSSAI acts against liquor makers over flavour, labelling violations
The Ministry said laboratory testing of rum and whisky samples from multiple manufacturers found the presence of external artificial or nature-identical flavours. It quoted laboratory findings as saying that "the addition of artificial flavours is masking its natural...
Rajaraman gets extension as IFSCA chairman till 65
K Rajaraman, chairman, International Financial Services Centres Authority The main objective of IFSCA is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region...
Japan earthquake’s insurance claims may top $1.1 billion: Bloomberg Intelligence
Most of the exposure from the July 28 quake in Kumamoto is tied to commercial properties, as well as residential coverage under Japan’s earthquake insurance system, he said. Insurance claims from this week’s earthquake in Japan may top the 175 billion yen ($1.1...