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Insurers should also ensure that service providers of wellness and preventive programmes have an appropriate mechanism to discharge their obligations by offering the agreed services or products.

The notification will allow existing consortium of lenders and the existing resolution professional to take the financial service provider or the NBFC to the NCLT and seek a resolution plan that is binding on all

Minutes of the last meeting of the Strategic Planning Group of the Currency and Coins Division of the Ministry of Finance, held on June 3, show that printing and bank note paper stock situation continue

Garg said the high debt levels are “a deterrent on our credit ratings” and a big part of the revenues go in serving these debts.

“This dream of achieving a $5 trillion economy does not belong only to the Centre. This goal can only be achieved with the cooperation of different states,” said the PM at the Rising Himachal Global

The Code will replace 13 labour laws relating to safety, health and working conditions, including the Factories Act, 1948, the Mines Act, 1952, and the Contract Labour (Regulation and Abolition) Act, 1970.

The FSDC is the apex body of financial sector regulators, headed by the Finance Minister.

In the past, Baker has expressed interest in picking up stakes in an Indian carrier and setting up a domestic airline.

IRDAI said RHICL, which began operations in October last, has not been able to maintain the required solvency margin since June 2019.

In another search in Pune region, the Income Tax Department said it made an all-time high cash seizure of Rs 9.55 crore, after it raided a local businessman in connection with a tax evasion case.

There are about 861 hallmarking centres in the country, mainly concentrated in metropolitan cities. We need about 400 more such centre, Paswan added.

In its circular in December 2018, Sebi had permitted creation of segregated portfolio of debt and money market instruments by MF schemes.

The decision assumes significance in the wake of complaints filed by the domestic industry on dumping of products.

No search authorisation, summons, arrest memo, inspection notices can be issued without a computer- generated DIN, a CBIC circular said.

Industry insiders say the special funding window may help completion of around 40 per cent of nearly 5 lakh housing units that currently stand stalled.

Tea Board India on Thursday said that there is "no discord" between the statutory body and the industry and the government will continue to provide assistance in various forms.

The trigger was a profit warning from ISS A/S, which shaved 20% off the market value of the Danish office-service firm. The estimated dent to the Lego family fortune is based on regulatory filings showing

Sun Pharma said its active pharmaceutical ingredients (API) clocked external sales of Rs 468 crore, up 10 per cent over the same quarter last fiscal.

The multibillion-dollar investment will be a deciding factor to determine whether Tesla will be able to take on local competitors and fend off challenges by the likes of Daimler AG and BMW AG.

Insurance sector regulator IRDAI has barred Anil Ambani-led Reliance Health Insurance Ltd (RHICL) from selling new policies due to its weak financial health.

With this expansion, ICICI Bank now has a total branch network of 402 branches and extension counters in Andhra Pradesh and Telangana.

Whirlpool of India on Thursday reported 63.82 per cent increase in consolidated net profit at Rs 128.7 crore.

The 30-share Sensex ended 183.96 points, or 0.45 per cent higher at 40,653.74. Similarly, the broader NSE Nifty ended with a gain of 46 points, or 0.38 per cent, at 12,012.05.

PMC Bank, among the top 10 urban cooperative banks in the country, was placed under an RBI administrator on September 23 for six months due to massive under-reporting of dud loans.  

The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 172.7 points in October, up 1.7% on the previous month