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Here is a masonry blog layout with no sidebarNavigating value shift: Indian businesses can unlock $9.82 trillion in economic activity by 2035, says PwC report
The PwC India’s report, ‘Navigating the value shift’, said mega trends such as climate change, demographic shifts and technological disruptions are creating new avenues for value creation that transcend traditional industry boundaries New Delhi: As the global economic...
Number of poor rising wealth getting concentrated in hands of some rich, says Gadkari
Nitin Gadkari, Road Transport and Highways Minister "Slowly the number of poor people is increasing and wealth is getting centralised in the hands of some wealthy people. It should not happen," the Road Transport and Highways Minister said Mumbai: Union minister Nitin...
Delhi govt to launch 4-tier mental health programme for children workers and seniors
The service will be anonymous, accessible and rooted in traditional systems of medicine including Ayurveda, Homoeopathy and Unani, Delhi Health Minister Pankaj Singh said, adding that this will be the first focused mental health initiative under Ayush and it will...
India ranks among top world’s most equal societies, says World Bank report
The Gini Index, a key measure of income distribution where 0 represents perfect equality and 100 denotes maximum inequality, places India ahead of advanced economies, including China (35.7), the United States (41.8), and all G7 and G20 countries. India's score has...
Should anti-ageing medicines be banned in India?
“Anti-ageing medicine is becoming very popular but it's mostly unregulated. Many of these products are sold without proper scientific studies to prove they work. Some may even have harmful side effects, especially if taken for long periods,” former AIIMS Director Dr...
India’s first weather derivative aims to protect farmers from weather volatility
Mrutyunjay Mohapatra, Director General, India Meteorological Department "On the real-time rainfall, they can find out whether it is as per the climatological trend or there is a deviation… Accordingly, there could be some decisions concerning agriculture as well as...
State finance ministers’ panel discusses ways to curb ITC frauds sector-specific tax evasion
As per data on ITC frauds unearthed by central and state GST officers, over the two years 2023-24 and 2024-25, a total of 42,140 fake firms were detected, which were involved in fraudulently generating ITC of over Rs 1.01 lakh crore. New Delhi: A panel of state...
LIC introduces 2 new plans- LIC’s Nav Jeevan Shree & LIC’s NavJeevan Shree Single Premium
In the current environment when interest rates are very volatile, these two Plans provide Guaranteed Additions throughout the policy term. Mumbai: Sat Pal Bhanoo, CEO & MD (In-Charge), Life Insurance Corporation, launched two new plans, LIC’s Nav Jeevan Shree and...
India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June
“While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models,” said Neha Singh,...
Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin
The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement New...
UAE becomes world’s third-largest holder of sovereign wealth and public pension assets
This places the UAE behind only the United States, which tops the list with USD 12.12 trillion, and China, with USD 3.36 trillion, making it the largest holder of sovereign-owned investor (SOI) assets in the Middle East. The United Arab Emirates now ranks third...
Contractual employees entitled to maternity leave: Orissa HC
Rejecting the state government’s contention that only regular women civil servants qualify for maternity leave, the court observed: "Women employees for the purpose ofavailing such benefit do constitute one homogenous class and their artificial bifurcation founded on...
ICICI Prudential Pension Funds crosses Rs 50,000 crore AUM
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court
The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
LIC launches a new product- Nav Jeevan Shree
Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from Friday.
Zurich Insurance to buy Canadian cyber risk management firm BOXX Insurance
“BOXX’s digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people’s everyday life easier,” Cara Morton, CEO Zurich Global Ventures said in the statement. Zurich Insurance Group AG agreed to...
Drones clear Mount Everest’s trash-covered slopes
Climate change is only adding to the urgency to clean Everest. Snow and ice are melting, exposing decades-old garbage that can contaminate waterways fed by the runoff and that flow down to villages below Human waste, empty oxygen cylinders, kitchen leftovers and...