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India needs to create 8 to 10 million jobs annually: PM’s principal secretary Mishra
India's digital infrastructure is getting stronger by the day and there are 8,000 million internet users in the country.The digital economy is growing. Around 185 million UPI transactions were made in 2024-25 PK Mishra,Principal Secretary to Prime Minister Sambalpur...
Lloyd’s broker UIB charged by UK over alleged Ecuador bribes
UIB sold reinsurance services to state-backed insurers covering parts of the Ecuadorian public sector, including the state water and electricity companies between 2013 and 2016, the SFO said. The broker is accused of £3 million to intermediaries who then bribed an...
Govt issues alert about online frauds targeting pilgrims tourists
These frauds are being perpetrated through fake websites, deceptive social media pages, Facebook posts, and paid advertisements on search engines such as Google, the home ministry said in a statement New Delhi: The Indian Cyber Crime Coordination Centre, under the...
Finance Secy Ajay Seth likely to be new IRDAI chief
Ajay Sheth, Finance Secretary, Ministry of Finance Though, a final decision on the new IRDAI chairman is yet to be taken by the government, sources in the New Delhi said the search for the new IRDAI boss is now narrowing down just to two names- Ajay Seth and...
Manoj Ayyappan, JS, DFS, appointed as govt’s nominee director in GIC Re
The Ministry of Finance has nominated Manoj Muttathil Ayyappan, joint secretary, Department of Financial Services as a director on the Board of GIC Re with effect from 17 April in place of M. P. Tangirala, former additional secretary, DFS. Ayyappan had joined the DFS...
India urges global support for small farmers amid climate change, price challenges
"We cannot leave smallholders to fight these challenges alone. They need our policy support," Agriculture Minister Shivraj Singh Chouhan said, describing agriculture as not merely an economic activity but a source of "livelihood, food, and dignity" for millions New...
No plans to levy GST on UPI transactions over Rs 2,000, says Govt
``The claims that the Government is considering levying are completely false, misleading, and without any basis. Currently, there is no such proposal before the government,’’ said the Ministry of Finance in a statement on Friday. New Delhi:The government has denied...
Govt plans to ease nuclear liability laws to attract foreign firms, sources say
A draft law prepared by the department of atomic energy removes a key clause in the Civil Nuclear Liability Damage Act of 2010 that exposes suppliers to unlimited liability for accidents. The draft law also proposes a lower liability cap on small reactor operators at...
SEBI chief urges corporates to raise the bar on governance
Tuhin Kanta Pandey, Chairman, SEBI “As a regulator, SEBI has laid down a comprehensive governance framework on corporate governance. We have taken comprehensive measures to protect the interests of investors and, at the same time, facilitate ease of doing business....
Google holds illegal monopolies in ad tech, US judge finds
The ruling could allow prosecutors to argue for a breakup of Google's advertising products. The U.S. Department of Justice has said that Google should have to sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad...
China bans ‘smart’ and ‘autonomous’ driving terms from vehicle ads
Analysts and industry sources cautioned stricter regulations would increase costs and slow the pace of technology development and adoption. But it could also accelerate a long-overdue consolidation in China’s crowded auto industry that has been grappling with...
ESIC beneficiaries can soon avail medical care in Ayushman Bharat empanelled hospitals: Mandaviya
“The ESIC provides free treatment to around 3.77 crore families, which means around 18 crore individuals, in 165 hospitals and over 1,500 dispensaries in the country. They are also provided treatment in around 2,000 empanelled hospitals. We have now decided to provide...
Trade recalibrations worrisome; India will focus on policy agility, long-term vision: FM
``India's financial markets have shown remarkable resilience despite recent global uncertainties which reflected the faith that retail investors' have in the markets. We offer investors a combination of policy stability and growth, governance and innovation. We will...
Markets surge for 4th day; Sensex reclaims 78k-level amid US-Japan tariff talks, FII inflows
Foreign Institutional Investors (FIIs) bought equities worth Rs 3,936.42 crore on Wednesday, according to exchange data. On Tuesday, FIIs bought equities for Rs 6,065.78 crore. Mumbai: Benchmark indices Sensex and Nifty surged nearly 2 per cent on Thursday,...
HDFC Life’s net profit rises 15% to Rs 475 crore in Q4 FY 25
``As we enter our 25th year of existence, our aspiration remains, against a backdrop of a stable regulatory regime, to consistently outpace sector topline growth, deliver VNB growth in line with APE growth and double key metrics every 4 to 4.5 years.” Vibha Padalkar,...
US agency probes TCS for workers’ bias claims
“Allegations that TCS engages in unlawful discrimination are meritless and misleading,” a TCS spokesperson said. “TCS has a strong track record of being an equal opportunity employer in the U.S., embracing the highest levels of integrity and values in our operations.”...
Falling fertility rates in southern states point to ageing population in future, says Arvind Panagariya
"Southern states in particular, where fertility rates have fallen well below replacement levels, face problematic increases in dependency ratios and ageing populations in the longer run," Finance Commission Chairman Arvind Panagariya Vijayawada: Southern states, where...
Madras High Court bans 28 plastic products in Western Ghats
The bench directed the Tamil Nadu government to issue a notification under the Motor Vehicles Act stipulating a condition that no vehicle shall be used for the transportation/distribution of banned items in the Western Ghats, which includes the Nilgiris and...