Clipped from: https://www.business-standard.com/article/companies/irdai-asks-insurers-to-bring-standard-accident-cover-from-apr-121022600639_1.html The insurance regulator has asked general and health insurance providers to provide standard personal accident cover products Representational image Insurance regulator Irdai has asked
Day: March 13, 2021
Irdai launches standard personal accident cover, maximum Rs 1 cr assured | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/irdai-launches-standard-personal-accident-cover-maximum-rs-1-cr-assured-121022600055_1.html The insurance regulator has come out with a standard personal accident cover, which the general and standalone health insurers have to mandatorily offer
Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reforms-are-good-but-can-lead-to-tech-terrorism-fm-nirmala-sitharaman-121022600064_1.html Says Budget shows govt trusts wealth creators, marking directional change Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman on Thursday lauded the reform
Disconnect between markets, real economy a global phenomenon: Sebi chief | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/disconnect-between-markets-real-economy-a-global-phenomenon-sebi-chief-121022501509_1.html Sebi chairman Ajay Tyagi on Thursday acknowledged the systemic risk concerns raised by the RBI and Financial Stability Board over a disconnect between
Some mistakes India must avoid this time to make DFIs a success | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-reads-some-mistakes-india-must-avoid-this-time-to-make-dfis-a-success-121021700257_1.html Now that DFIs are making a comeback, three key issues will be crucial for their success -the availability of long-term funds at a
Watch out for MSME risk build-up amid Covid-19 pandemic, says report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/watch-out-for-msme-risk-build-up-amid-covid-19-pandemic-says-report-121021801579_1.html The default rates in September 2020 remained stable at 12.1 per cent, a level also seen in September 2019 The micro units have
GST reconciliation & the credit dilemma – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-reconciliation-the-credit-dilemma/2202862/ The issue of whether the recipient of services can be penalised for non-compliance by the vendor remains open and unanswered However, while that
Manufacturing to get $520-billion PLI push in next 5 years: PM Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/manufacturing-to-get-520-billion-pli-push-in-next-5-years-pm-modi-121030600076_1.html Says govt aims to do away with more than 6,000 compliance requirements The prime minister was speaking at a webinar organised by the
Bhushan Power lenders accept JSW Steel plan, look to close deal by March 31 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-with-majority-vote-for-closing-bhushan-power-deal-with-jsw-steel-121030500653_1.html 25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr JSW Steel has a
Inflation a ‘downside risk’ to India’s growth momentum: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-a-downside-risk-to-india-s-growth-momentum-finance-ministry-121030600078_1.html Citing the country’s consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of
Domestic pharma market growth slides to 1.1% in February | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/a-bitter-pill-domestic-pharma-market-growth-slides-to-1-1-in-february-121030501417_1.html Recovery slow, top drug firms post muted growth in February Domestic pharma market is witnessing a slow recovery, with growth crawling to 1.1
Financial sector growth has been slow: CEA Krishnamurthy Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/financial-sector-growth-has-been-slow-cea-krishnamurthy-subramanian-121030501462_1.html He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it CEA Krishnamurthy Subramanian The
Why the industry is sceptical of ambitious targets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-and-pli-why-the-industry-is-sceptical-of-ambitious-targets-121030401408_1.html The scheme to boost manufacturing in India has set ambitious targets that industry says are unachievable. A look at the programmes announced so
China targets 6% growth in 2021; to spend 3 times India’s on defence | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-targets-6-growth-in-2021-to-spend-3-times-india-s-on-defence-121030600066_1.html 6.8% jump in budget for military to $209 mn is the biggest in 2 years Chinese President Xi Jinping took off his mask
DGGI Nagpur unit busts fake GST invoice network in Delhi-NCR – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dggi-nagpur-unit-busts-fake-gst-invoice-network-in-delhi-ncr/2211495/ In the first fake invoice network, six of these 11 NCR-based entities had made bogus transactions of goods with the Nashik- and Dhule-based
‘Indian education system focusses too much on exams, not learning’–business today
Clipped from: https://www.businesstoday.in/opinion/interviews/indian-education-system-focusses-too-much-on-exams-not-learning/story/432195.html “There is too much focus on exams and not learning. This often desists the teacher to innovate their pedagogy. Exam becomes the end
6 reasons why cryptocurrencies need to be regulated–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/6-reasons-why-cryptocurrencies-need-to-be-regulated/story/433670.html While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory
RBI asks lenders to report restructured accounts to credit bureaus – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-asks-lenders-to-report-restructured-accounts-to-credit-bureaus/2211524/ The uniform credit reporting format has two annexes. Annex-I contains two formats for credit reporting – consumer bureau and commercial bureau, whereas annex-II
Resolve fast, do not postpone IBC–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/resolve-fast-do-not-postpone-ibc/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government should restart the Insolvency and Bankruptcy
justice indu malhotra: Don’t know any finer judge than Justice Indu Malhotra: CJI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/dont-know-any-finer-judge-than-justice-indu-malhotra-cji/articleshow/81466500.cmsSynopsis Showering all praises on Justice Malhotra, the CJI said that he does not wish to say anything about her judicial acumen as her
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