The updated guidelines new Anti-Money Laundering (AML) and Know...
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“Aircraft lost balance after sudden pressure drop”: Odisha Transport Minister on Rourkela crash
The minister further stated that the aircraft, carrying passengers...
ICICI Lombard’s official accidently posts financial results of Dec quarter in WhatsApp
"Though this information is in draft form and subject to changes...
Solid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath
Gita Gopinath,Chief Economist,IMF IMF chief economist Gita Gopinath stated that “if we have to take a lesson from it, the reason that they had that resilience was that they built up good, solid monetary policy frameworks, the inflation targeting regime, maintaining...
India, as fastest growing economy, is ideal investment destination: RBI Governor
Sanjay Malhotra,Governor,Reserve Bank of India . Malhotra highlighted that proactive government policies present unparalleled opportunities for investment in sunrise sectors such as space, semiconductors, renewable energy, and electric vehicles (EVs) Washington: India...
Airspace curbs: DGCA issues advisory to airlines on passenger handling steps due to longer flights
Airlines have to ensure that all passengers are proactively informed about the change in routing due to airspace restrictions and revised total expected travel time (departure to arrival), the regulator said New Delhi: Aviation watchdog DGCA on Saturday issued an...
UK polluting water bosses face up to two years in prison
The new measure delivers on the government’s promise to bring tougher criminal charges against lawbreakers in the water industry, UK’s Department for Environment, Food & Rural Affairs said in a statement. It’s essential “because some water companies have...
3 more Russian insurers seek India’s nod to provide cover for oil tankers
The move comes as growing scrutiny of Russia's oil supply chain by Washington and the European Union, including compliance with a price cap set by G7 for the use of Western ships and insurance, makes it increasingly difficult for Moscow to export its oil.India has...
India’s forex, money markets have doubled in last 4 years: RBI Governor
Sanjay Malhotra, Governor, Reserve Bank of India There has also been a 40 per cent surge in average daily volumes in the government securities (G-secs) markets to Rs 66,000 crore over the same period Mumbai: India’s financial markets have developed into a dynamic and...
China tightens regulations on battery-powered vehicles for higher safety standards
The Ministry of Industry and Information Technology on Monday issued a set of technical standards for the batteries in electric vehicles and plug-in hybrids, which make up more than half of new car sales in the country China is tightening regulations on...
Finance Secy Ajay Seth likely to be new IRDAI chief
Ajay Sheth, Finance Secretary, Ministry of Finance Though, a final decision on the new IRDAI chairman is yet to be taken by the government, sources in the New Delhi said the search for the new IRDAI boss is now narrowing down just to two names- Ajay Seth and...
SEBI chief urges corporates to raise the bar on governance
Tuhin Kanta Pandey, Chairman, SEBI “As a regulator, SEBI has laid down a comprehensive governance framework on corporate governance. We have taken comprehensive measures to protect the interests of investors and, at the same time, facilitate ease of doing business....
Sebi to review ESG disclosures for listed firms: Chairman
Tuhin Kanta Pandey, chairman, Sebi The review, which follows concerns raised by Indian industry on reporting requirements on environment, labour and other issues that it believes are onerous, could focus on easing disclosures for smaller firms, a source familiar with...