Siddhartha Mohanty, CEO & MD, LIC LIC's plan to pick up some...
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Regulation
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IRDAI wants changes in the functioning of IAC
The new regulation will bring flexibility in conducting number of...
India updates biodiversity action plan, to conserve 30pc areas by 2030
Reducing threats includes eight targets focused on major...
California sues Exxon over global plastic pollution
California Attorney General Rob Bonta said the state sued Exxon after concluding a nearly two-year investigation that he said showed Exxon was deliberately misleading the public about the limitations of recycling. The investigation mirrors California’s previous probes...
Fragmented laws not enough, says ex-SC judge; calls for comprehensive climate law in India
Hima Kohli, Retired Supreme Court judge Justice "There is a pressing need for comprehensive legislation dedicated specifically for climate change. India has several environmental laws in place, but they are often fragmented and sometimes found to be insufficient to...
Pharma companies deny manufacturing drugs flagged in CDSCO report
The CDSCO's drug alert for August included samples from batches of medications such as Shelcal, Vitamin B Complex with Vitamin C Softgels, vitamin C and D3 tablets and Ciprofloxacin tablets High blood pressure medications Telmisartan and Atropine Sulphate and...
GST on Health, Life Insurance: Newly formed GoM to meet on Oct 19
A final call by the council on taxation of insurance premiums is likely to be taken in the next meeting in November, based on the GoM report New Delhi: The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will...
Businesses in APAC taking longer to convert working capital into cash, affecting liquidity: Aon
According to the report, the average days receivable for Asia Pacific companies for year ending 2023 was 71 days. Although a small increase from 2022, an increase in days receivable reflects a decrease in working capital availability and indicates slower collection of...
Audit bodies must address growing risks of privacy breaches, social exclusion: CAG Murmu
Girish Chandra Murmu, Comptroller and Auditor General of India "Whether during the pandemic, in the fight against climate change, or in advancing the Sustainable Development Goals (SDGs), the role of Supreme Audit Institutions(SoIs) in preserving integrity and...
Mercedes Benz fire incident may slow down EV transition in South Korea
Although batteries are a critical component in electric cars and can pose serious safety risks if not properly manufactured or managed, automakers have so far kept the identity of their battery suppliers confidential, not just in Korea but around the globe. A...
InGovern raises concern over delay in AGM; Religare term the report manipulative
Responding to the report, Religare Enterprises chairperson Rashmi Saluja said, "The report is manipulative in nature and is a malicious attempt to hurt the credibility of the company and its leadership. We are compliant with all laws and regulations and continue to...
AB PM-JAY: World’s largest government-funded health insurance scheme in six years of launch
J.P. NaddaUnion Health Minister Ayushman Bharat has become a lifeline today, with more than 60,000 patients getting free treatments daily and crores of families getting 'insulated' from exorbitant medical expenses New Delhi: Ayushman Bharat has become a lifeline...
ICAI opposes proposed changes by NFRA in auditor responsibility for firms
The NFRA’s proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd., Dewan Housing and Finance Ltd. and IL&FS Group where a “mechanical reliance was placed by the principal auditor on the work of the...