Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.
Commonwealth Games Federation (CGF) CEO Katie Sadleir says hosting the 2030 CWG would be a step in the right direction for India as the country pursues the ambition of playing host to the 2036 Olympics.
He said in categorical terms that CAA was brought in to provide citizenship and not to take away anyone's citizenship.
As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
Modi said that for nearly one and a half years he has been putting in place details of new schemes to give new pace to the country's development and curb poverty.
Serum Institute along with other vaccine producers have agreed with the government to sacrifice profits. There is no vaccine industry on the planet that has agreed to provide vaccines at such a subsidised price, he added.
An ET NOW advertisement thanked viewers for making it the Number 1; its version had 55 per cent market share, while CNBC had 42 per cent.
We are already seeing pressure of inflation, we also seeing slowdown in manufacturing, hope excise rates are not increased because that will get passed to the consumer.
Uttkarsh Chaturvedi, deputy news editor with ET Now, a leading business news channel, said he showed his press card, but that did not stop men in uniform from hitting him with sticks.
The minister expressed confidence that India will get back to high growth path soon.
This was a joke narrated by Civil Aviation Minister Ajit Singh when he reiterated his 'personal' view on privatising Air India.
Mayaram said the concerns over the pace of implementing economic reforms were "overstated".
Former Reserve Bank of India (RBI) Governor Raghuram Rajan says the government should take advantage of the peaks in the Indian equity markets right now and sell stakes in PSUs while prioritising spending to get the economy back on track. The upcoming Budget for the fiscal year beginning April 1 should look to provide "relief to the poorer households and small and medium enterprises," he said. And then move on to getting the economy back on track.
The Budget changes how much money we take home every month, what we save and how we invest our money.
There is a dramatic shift in which even the smallest denominator in tier-2 cities are using adobe products and since there is such a low penetration across the country's small cities, the opportunity is only going to rise.
"I think, this is something that all Indians should be concerned about because strength of our institutions is really important for our growth, sustainable growth and equity in the economy," said Rajan.
Finance Minister Arun Jaitley said the Reserve Bank and the Finance Ministry have "very mature level of consultation" and it wasn't fair to comment on them.
According to a report, the Indian healthcare sector will need a total capital investment of Rs 1.62 lakh crore (Rs 1.62 trillion) to provide accessible and affordable healthcare during the 12th Plan period.
Nilekani said the issue has been blown out of proportion as Aadhaar have built far too many security layers and it is not possible to randomly pore it.
'...just wondering about how I can undo this damage.'
The finance minister chided the central bank on Tuesday over its focus on fighting inflation, saying the Reserve Bank of India (RBI) also needed to abide by the government policy to promote economic growth.
Data earlier on Thursday showed the annual consumer price inflation rose to a higher-than-expected 11.24 per cent in November from 10.17 per cent in October.
Finance Minister Arun Jaitley on Wednesday said it was responsibility of banks to ensure no defaulter manages to get away.
NDTV will become a full time infotainment and entertainment channel
'If you are selling family silver, and if you are not getting the right value, then what is the point?'
To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.
Suspensions on Pandya, Rahul lifted with immediate effect: CoA
A committee is working on removing complications in the Companies Act.
He also made an appeal not to 'overblow' the issue of data breach.
Murthy also said this is not for the first time that the industry has faced the layoff problem and hence there should not be any extreme anxiety as the industry had dealt the issue and found solutions then.
.jpg)
The rupee resumed slightly lower at 62.05 per dollar as against the last weekend's level of 62.04 at the Interbank Foreign Exchange market. It recovered to 61.88 per dollar before quoting 61.93 at 1045 hours.
'Physically, he is your boy next door, but attitude-wise, he is an evangelist who does not mind shouting from the rooftops to take a stand on a cause he believes in.'
Finance Minister Arun Jaitley said the government will safeguard interests of soldiers retiring at an early age through higher pensions.
There are NPAs on account of the industrial downturn in sectors like steel, infrastructure and power.
On growth, the Governor said the prospects in the last few months have improved.
Shares in Jindal Steel and Power Ltd were heading towards their biggest daily loss in almost two years on Monday.
"I would hope that the government would very respectfully request him to continue for one term or my preference would be two terms," Narayana Murthy said.
In the RBI's monetary policy statement review, Governor Raghuram Rajan said banks could extend timelines for large stalled projects by bringing in new 'promoters', or owners.
The government had increased customs duty on gold to 10 per cent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances