The Bill introduces an elaborate framework on duties and...
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SEBI announces major market reforms; slashes mutual fund and brokerage costs
A major reform announced by the Board relates to mutual fund...
Insurance industry must adopt ‘1600’ calling series by Feb 15, 2026: TRAI
TRAI's direction requires IRDAI‑regulated firms to use 1600‑series...
Indian economy to grow 7% in FY25, robust expansion to drive insurance premium growth, says Moody’s
``India's private sector insurers continue to reinforce their solvency, but we expect some pressure on their capital adequacy because of increased underwriting exposure and regulatory changes,'' Moody's said New Delhi: Moody's Ratings on Monday projected the Indian...
Govt issues draft rules to make e-com accountable, seeks comments by Feb 15
For imported goods, platforms must display importer, packer, and seller details prominently. During contract formation, platforms must record consumer consent, enable transaction review, and maintain transparent policies for cancellation, returns, and refunds New...
Karnataka High Court rules employer can’t forfeit gratuity without recovery proceedings
The judgment clarified that dismissal is a punitive action taken against an employee following due process but does not automatically entitle the employer to retain dues Bengaluru: The Karnataka High Court has ruled that an employer cannot withhold or forfeit the...
Trump signs executive order directing US withdrawal from the Paris climate agreement — again
US President Donald Trump Trump also signed a letter to the United Nations indicating his intention to withdraw from the 2015 agreement, which allows nations to provide targets to cut their own emissions of greenhouse gases from the burning of coal, oil and natural...
IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman
L to R - PK Arora, Member, IRDAI, T Alamelu, Principal Advisor, Insurance, International Financial Services Centres Authority (IFSCA ) , K Rajaraman, chairman, IFSCA at the inaugural of 2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’ in Mumbai on...
`IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’- International reinsurers gather in Mumbai on Monday to brainstorm their India strategies
K Rajaraman,Chairman, International Financial Services Centres Authority To be addressed by K Rajaraman, chairman, IFSCA, PK Arora, member, Actuary and Reinsurance, IRDAI, Tapan Ray, MD&CEO, GIFT City and host of Indian and international reinsurance experts, the...
Burmans’ Religare open offer for additional 26% stake to start on Jan 27
The Burman family -- a promoter of Dabur India and other entities such as Eveready Industries -- through its entities, in September 2023 announced a Rs 2,116-crore open offer to REL shareholders to acquire up to 26 per cent stake in the company. New Delhi: Burmans'...
Wish to bring as many Indians into market ecosystem to help in wealth creation: Buch
"'… a system that is efficient but is exclusive does not serve the nation. We wish for our market ecosystem to be inclusive and to bring as many citizens of the country into the fold and into the opportunity of wealth creation for our nation," Sebi chairperson Madhabi...
US SEC sues Elon Musk over late disclosure of Twitter stake
Elon Musk In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares Elon Musk was sued on Tuesday by the U.S. Securities and...
China discusses sale of TikTok US to Musk as one possible option
Under one scenario that’s been discussed by the Chinese government, Musk’s X — the former Twitter — would take control of TikTok US and run the businesses together, the people said. With more than 170 million users in the US, TikTok could bolster X’s efforts to...