Defence Minister Rajnath Singh told an all-party meeting that at least 100 terrorists were killed in the Indian strikes on terror sites in Pakistan and Pakistan-occupied Kashmir under 'Operation Sindoor'. Leaders from various parties showed maturity and extended all support to the government and armed forces.
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'
'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.'
The Supreme Court of India has reprimanded the central government for failing to implement a cashless treatment scheme for road accident victims. The court expressed its concern over the delay in formulating the scheme, which is designed to provide immediate medical care to accident victims within the crucial "golden hour." The court highlighted that despite a statutory provision requiring the scheme's implementation, the government has not taken any action, prompting the court to intervene. The court also criticized the General Insurance Council (GIC) for raising objections to the scheme and delaying its implementation. The court has now directed the government to notify the scheme within a week and has scheduled a hearing on the matter for May 13.
The Consulate General of India in Seattle was forced to deal with a law and order situation after certain individuals entered the premises unauthorized and engaged in aggressive and threatening behavior with the Consulate staff over alleged denial of visa to one of them. Former Seattle City Council member Kshama Sawant was among those who entered the Consulate and refused to leave, alleging she was denied a visa because her name was on a "reject list." Sawant claims the denial is retaliation for her office passing a resolution condemning the Citizenship (Amendment) Act (CAA) and for her efforts to ban caste discrimination in Seattle.
As part of Prime Minister Dr Manmohan Singh's state visit to the United States at the invitation of President Barack Obama on November 24, India and the US are endeavoring to announce the convening of a India-US Education Council on the lines of the US-India Business Council, Human Resource Minister Kapil Sibal disclosed in Washington on Friday.
USIBC has seen exponential growth in the last five years, from just 80 companies as its members to now more than 350 top American companies, including scores of Fortune 500 and global Indian companies.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.
Hospital chain Aster DM Healthcare's plans to sell its Gulf business may run into rough weather with voting advisory firm Institutional Investor Advisory Services (IiAS) raising concerns over the transaction. Recommending an 'against' vote on the resolution, IiAS has said there is no clarity on how Aster DM will utilise the proceeds that it will obtain by selling the unit, which contributes to bulk of its revenues. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
The meeting was attended by 26 participants including Chief Ministers and Lt Governors of UTs, he said while briefing the media.
'He needs to see results while he is in office.'
With the completion of the US-India civilian nuclear cooperation agreement, India's Minister for Power Sushil Kumar Shinde has said that India is open for business and American companies can avail themselves of the opportunities by contacting the Indian embassy or the consulates across the country for the necessary guidance.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
The Board of Control for Cricket in India (BCCI) has made its stance clear about not travelling to Pakistan for the ICC Champions Trophy 2025. On the other hand, the PCB has been firm about hosting the entire tournament in Pakistan.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
Valli Chettiar, charter member of The Indus Entrepreneur, Vancouver feels the Pravasi Bharatiya Divas was a wasted effort.
The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.
The Maharashtra cabinet has approved the mandatory use of FASTag for toll collection across the state from April 1. This move is expected to streamline administrative processes, enhance transparency, and reduce congestion at toll plazas. The cabinet also approved revisions to the Rules of Business, streamlining administrative functioning and making it more efficient. The revisions include provisions related to matters to be presented before the cabinet, cases requiring approval from the Chief Minister or Governor, and procedures for meetings of the cabinet and council of ministers.
India's high commission in Canada said on Wednesday that the country's officials will resume processing some types of visa applications for Canadians applying from across the country as well as abroad.
Warner said the opportunities ranged from advancing the cause of the bilateral investment treaty, to advance the cause of greater collaboration between educational opportunities.
India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.
'International cricket is incomplete without Pakistan.'
'We are not opposed to any Indian language. We are against Hindi imposition.'
The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).
Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.
PM Modi went to New York this time not to engage in polemics, but to find solutions to global problems. He made some progress on several matters, even on reform of the UN Security Council, when the US made a major concession for the first time that six permanent members without veto, including India, could be considered
National Aeronautics and Space Administration will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.
The Congress was the only party in Rajya Sabha on Wednesday to demand a discussion on setting up a joint parliamentary committee (JPC) to probe allegations against the Adani group. Other opposition parties gave similar notices on different issues, including violence in Manipur and Uttar Pradesh's Sambhal. The Congress members sought a JPC to investigate the alleged misconduct, including corruption, bribery and financial irregularities of the Adani Group in connivance with other authorities. However, other opposition parties raised different issues, with the AAP seeking a discussion on "increasing crimes in Delhi" and the TMC, DMK, AAP and CPI seeking a discussion on violence in Manipur. The CPI-M, SP and IUML sought a discussion on the recent violence in Sambhal, Uttar Pradesh.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Violence erupted in Manipur's Kangpokpi district as Kuki-Zo groups protested a directive allowing free movement across the state. One protester was killed and over 40 others were injured in clashes with security forces. The protests were sparked by Union Home Minister Amit Shah's order, which aimed to restore free movement across the state after ethnic violence erupted in May 2023.
Prime Minister Narendra D Modi's itinerary for his June 21-24 US visit could include an address to a fledgling business advocacy group, the US-India Strategic Partnership Forum.
'Now it's for India to also make certain decisions. The sky's the limit. You've got to be strategic.'
'Now that we are a pure-play India business, many investors are open to investing.'
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
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