The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.
'Except facilitating builders in default, it is not doing anything else. Better to just abolish this institution.'
The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.
A bench of Justices Vikram Nath and Sandeep Mehta termed the exorbitant rise of airfares by airlines as "exploitation" and asked the Centre and the Directorate General of Civil Aviation (DGCA) to file their replies to a PIL seeking binding regulatory guidelines to control the unpredictable fluctuations in airfare and ancillary charges imposed by private airlines in India.
The Jammu and Kashmir government has directed the JKBOSE to take strict action against private schools found to be arbitrarily increasing fees and violating established regulations.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
The Punjab and Haryana High Court has dismissed the anticipatory bail plea of academician Madhu Purnima Kishwar in a case registered against her for allegedly retweeting a video clip on social media.
The US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, concluding a high-profile securities and wire fraud case in New York after prosecutors determined they could not sustain the allegations.
The Rajasthan High Court has banned night safaris and drone use in the Jawai Leopard Reserve to protect wildlife from disturbance due to unregulated tourism.
Following the death of 22 children due to consumption of contaminated cough syrups in Madhya Pradesh three months ago, the Union health ministry has proposed amendments in the country's drug rules to ensure a tougher criterion for their over-the-counter (OTC) sales in India.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Chelsea have been fined a record total of 10.75 million pounds ($14.3 million) for historical breaches of the Premier League's regulations, the league said on Monday.
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.
Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.
A new study suggests the mechanical load from the constant beating of the heart may suppress cancer cell growth, offering insights into why heart cancer is rare. Researchers found that cellular pathways in heart tissues alter gene regulation in cancer cells, preventing proliferation.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
The Delhi government's Drugs Control Department dismantled an illegal medicine sale operation in Shahdara, seizing a significant quantity of drugs and expired items.
The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.
A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Karnataka Chief Minister Siddaramaiah has called for the establishment of a Supreme Court bench in South India to improve accessibility to justice. Speaking at a conference on Artificial Intelligence in the judiciary, he also highlighted the need to address algorithmic bias and ensure judicial independence in the age of AI.
LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.
Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.
HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.
The National Anti-Doping Agency (NADA) achieved a significant success with a tip-off leading to the confiscation of prohibited substances, including anabolic steroids, in Najafgarh, following a joint operation with local police and food safety officials.
India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
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.
'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.
This is the first time since the league was launched in 2016 that the board will be directly running a franchise, raising questions over this move which could endanger the reputation of the PSL as a brand.
ICICI Bank has received a demand notice of 768.6 crore from tax authorities for alleged short payment of GST, related to services provided to customers maintaining minimum balances.
A passenger on an Akasa Air flight from Delhi to Goa was arrested for allegedly smoking a 'beedi' in the lavatory and possessing a lighter, endangering the safety of the flight.
Uttar Pradesh Police have dismantled an illegal kidney transplant racket operating in Kanpur, arresting five doctors and the alleged ringleader. The investigation revealed a network exploiting vulnerable individuals for profit, with potential links to other major cities and even international connections.
Fino Payments Bank's MD and CEO, Rishi Gupta, has been arrested for violating Goods and Services Tax laws, prompting the appointment of Ketan Merchant as the interim head.
Parents in Delhi protest against private schools allegedly coercing them to pay unapproved fee hikes, leading to students being struck off rolls and report cards withheld.
Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.
