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Global Fintech Festival 2023 aims to aid startups bag USD 10 mn in funding

by AIP Online Bureau | Aug 18, 2023 | Eco/Invest/Demography, Indian News, Policy, Technology

Union Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, RBI Governor Shaktikanta Das, Sebi chairperson Madhabi Puri Buch, Irdai chairman Debasish Panda and SBI chairman Dinesh Khara will be among the speakers at the event Mumbai: Global...
Reliance’s financial unit to list on bourses on Aug 21

Reliance’s financial unit to list on bourses on Aug 21

by AIP Online Bureau | Aug 18, 2023 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy

The company will primarily operates in the NBFC market and credit market segment and has strategic plans to expand its operations into insurance, digital payment, and asset management verticals Mumbai: Jio Financial Services, the demerged financial services unit of...

Demand for electric two wheelers slowing down due to reduced govt subsidy: Report

by AIP Online Bureau | Aug 18, 2023 | Data, Non-Life, Technology

Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), it said Additionally, the report said that a subsidy reduction to Rs 10,000 per kWh from Rs...
Verification of SIM card dealers mandatory; bulk connections discontinued to curb frauds: Ashwini Vaishnaw

Verification of SIM card dealers mandatory; bulk connections discontinued to curb frauds: Ashwini Vaishnaw

by AIP Online Bureau | Aug 18, 2023 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Union minister Minister of Railways, Communications and Electronics & Information Technology (IT) Ashwini Vaishnaw has clarified that the verification of SIM card dealers will be carried out by “the licensee” or the respective telecom operator and...

Govt tests ’emergency alert system’, sends sample message to several users

by AIP Online Bureau | Aug 18, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

The government is working with the National Disaster Management Authority to improve preparedness for disasters such as earthquakes, tsunamis, and flash floods. Last month, the government tested the same alert with several users in the country New Delhi: The...
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