With this, the total outflow by Foreign Portfolio Investors (FPIs)...
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GST revamp to see rates of 5%, 18%; 40% tax on 7 items
While essential food items, medicines and education will continue...
Talks for treaty on plastic pollution end without agreement
The fifth round of negotiations on the plastics treaty (INC-5.2) in...
Sebi detects accounting frauds in IPOs of cos
The findings underscore the vulnerability of millions of traders to the risks of price manipulation in this segment due to fewer compliance requirements. They also highlight the limitation of regulatory warnings aimed at curbing enthusiasm for tiny IPOs in India,...
Catastrophe models underestimate climate risks, find out investors
Catastrophe bonds and other insurance-linked securities, which powered last year’s highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms,...
Mumbai hoarding collapse: 8 dead, 64 injured, Case of culpable homicide to be lodged
"There will be an investigation regarding what kind of permission they have for this hoarding, whether they had this permission or not. The CM has directed that a proper audit of all the hoardings in Mumbai be done by the BMC to mitigate such incidents in the future....
TATA AIG General launches India’s first satellite in-orbit 3rd-party liability policy
The Indian space industry is experiencing phenomenal growth, with a projected market size reaching into the tens of billions. With the privatisation of space launches, India targets a five-fold increase in its global launch market share, projected to reach $47.3...
Zoox, Amazon’s self-driving robotaxi unit, being probed by US after rear-end collisions
Both crashes happened during the daytime hours and the motorcyclists suffered minor injuries. In both cases, the agency confirmed that each of the Amazon vehicles was operating in autonomous mode leading up to the crashes Detroit: Zoox, Amazon's self-driving robotaxi...
EU says Booking must comply with strict tech rules, investigates X
The Commission said in March that Elon Musk's X, TikTok owner ByteDance and Booking.com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers Paris:The European Commission on Monday said it had designated Booking as a so-called "gatekeeper"...
Government mandates anti-fake review rules for e-commerce platforms
Nidhi Khare, Secretary, Consumer Affairs Ministry The government issued the new quality norms for e-tailers a year ago, prohibiting them from publishing paid reviews and demanding disclosure of such promotional content. But fake reviews of products and services on...
Climate change: Hardly a burning issue for Indian voters
A detailed review of the election manifestos revealed that, except for the regional party Dravida Munnetra Kazhagam (DMK), none of the major political parties in India have concrete grassroots-level plans to mitigate the impact of climate change In Europe, green...
Before global scrutiny, Indian spice maker MDH faced several US rejections
Before the latest scrutiny, products from MDH, a family-run Indian company more than 100 years old, were rejected for sale in the United States due to the presence of salmonella, a bacteria that can lead to gastrointestinal illness New Delhi:Popular Indian spice brand...
ADB’s $1.70 mn study to develop multi-hazard early warning system for glacial lake outburst floods(GLOFs) in Himalayan region
Pushpendra Johari, senior vice president, sustainability, RMSI ``There's some progress in the case of GLOF, with studies emerging and consultations sought from experts like in the case of Nepal. ADB study for Bhutan and Nepal will include climate and disaster...