The measure for Indian insurers is an “enabler” that will help draw...
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Lok Sabha passes SHANTI Bill to modernise, open up nuclear energy sector for private participation
The Bill introduces an elaborate framework on duties and...
SEBI announces major market reforms; slashes mutual fund and brokerage costs
A major reform announced by the Board relates to mutual fund...
Secure messaging apps big challenge to counter online radicalisation: Govt
"The use of more secured messaging applications like Signal, Telegram, Viber and dark Web apart from WhatsApp with end-to-end encryption by radical elements to connect with other likeminded elements has proved to be a major challenge for security agencies in its...
Labour Min mulls scheme for gig platform workers
"We are putting together the scheme for the gig and platform economy workers because there is no traditional employer-employee relationship defined for the gig and platform workers but we need to bring social security coverage for them so that they can be more...
Addressing ethical challenges of AI, making social media accountable on fake news: Ashwini Vaishnaw
Addressing the Parliament, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw highlighted the critical challenges posed by the emerging AI landscape, social media accountability, and the need for robust legal frameworks New Delhi: Ethical...
China targets Nvidia with antitrust probe, escalates US chip tensions
The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China's anti-monopoly laws BEIJING: China said on Monday it...
Malhotra takes over as 26th RBI Guv says focus would be trust growth stability
Sanjay Malhotra Governor, Reserve Bank of India "As we have to be conscious of the fact that we do maintain continuity and stability, we cannot be stuck to it, and we have to be alert and agile to meet challenges," Malhotra said in his first interaction as Governor...
Sebi bans finfluencer, firm from securities market, orders Rs 9.5 cr disgorgement for unlawful advisory biz
In its final order, Sebi noted that Ravindra Bharti Education Institute used unregistered investment advice, trade recommendations, and execution to lure inexperienced investors into the securities market through its premises and employees.Clients were not fully...
Star Health takes steps after data breach: MD
"In a world, where there is so much inter-connectivity, when you have so many connections with different stakeholders, agents, hospitals, insurance companies, you have to be on your guard. We found that if any vulnerability is there, these hackers are able to identify...
RBI approves Burmans’ additional 26% stake in Raligare
This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
Aligning Indian auditing with global standards to boost investor confidence, attract more funds: NFRA chief
"If we are going global, a lot of funds have to come and being aligned with international standards will help in attracting the funds… when you align with global standards, there will be more investors' confidence and greater credibility to the financial data," Pandey...
No Insurance Amendment Bill proposing 100% FDI in winter session
Given the paucity of time, it is difficult to present the Bill in the ongoing session, sources said, adding it may, however, come in the Budget session. The Department of Financial Services (DFS) has sought public comments on the proposed amendments by December 10 New...