With the government announcing its intention to almost rewrite the insurance laws by proposing far-reaching amendments, the amendment Bill should be first sent to the Standing Committee of Finance in Parliament, demands the General Insurance Employees' All India Association (GIEAIA)....
Consortium for Tobacco Free Karnataka (CFTFK) and Karnataka NO for Tobacco (KNOT), a coalition working on cancer prevention, youth protection and tobacco control, on Monday urged Finance Minister Nirmala Sitharaman to hike taxes on all tobacco products in the 2023 union budget. ...
Fintech platform Razorpay on Monday announced an industry-first move to enable merchants to accept credit card transactions on unified payments interface (UPI), as the digital payments landscape witnesses a stupendous growth. ...
The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobile wallets, and prepaid cards logged 23.06 billion transactions amounting Rs 38.3 lakh crore in the third quarter this year, a new report showed on Monday....
Commercial vehicle financing major Shriram Transport Finance Company and two-wheeler and MSME financier Shriram City Union Finance have been merged to form Shriram Finance Limited (Shriram Finance). ...
Bharti Airtel and Meta on Monday announced their collaboration to support the growth of India's digital ecosystem....
This has obviously made things lopsided when it comes to governance of Indian banks. For instance the Reserve Bank of India (RBI) can issue guidelines to private banks or foreign banks, but not to the PSBs. This anomalous duality may well be under review now with a course correction on the anvil. Can the Standing Committee on Finance provide answers to...
The key industry stakeholders led by industry body Nasscom, during a meeting with IT Minister Ashwini Vaishnaw, have emphasised that the draft Digital Personal Data Protection Bill 2022 will bolster India's narrative as a trusted global partner for all invested in digital transformation....
Oil prices rose on Monday following an agreement by the G7 group of nations and its allies to cap the price of Russian oil at $60 a barrel, BBC reported. ...
Apart from the decision on the repo rate hike by the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions....
