To reduce compliance burden for small businesses, the Government of India (GOI) has come up with various policy initiatives from time to time. This has facilitated ease of doing business...
The Employees Pension Scheme (EPS) 1995 has been amended by the Government of India to ensure that the EPS members having less than 6 months of contributory service will also...
On 26th June, 2024, the Ministry of Corporate Affairs (MCA) issued a statement to clarify the ongoing investigation into the financial misconduct claims against Byju’s, an edtech company. Citing sources,...
The Legal Metrology Department (LMD) in Andhra Pradesh has registered 189 cases against essential commodities’ suppliers, according to the Commissioner of Civil Supplies Department. Among these cases, 110 cases were...
To highlight the Indian Government’s commitment to AI’s responsible advancement, the Global IndiaAI Summit 2024 will be held on July 3rd and 4th in Bharat Mandapam in New Delhi, India....
Muthoot Microfin has been authorized by the Insurance Regulatory and Development Authority of India (IRDAI) to offer insurance products in India. This is due to the corporate agent license issued...
Saarthi 2.0, an updated version of the original Saarthi app, has been introduced by the Stock Exchange Board of India (SEBI). Saarthi has been designed to enhance awareness of the...
IRDAI issued a ‘master circular’ dated 19 June, 2024, wherein guidelines to empower policyholders are outlined. The insurance regulator has barred insurers from advertising unit-linked and/or index-linked products as ‘investment...
A dividend cheque of Rs. ₹6,959.29 crore was given from SBI Chairman Dinesh Kumar Khara to Finance Minister Nirmala Sitharaman for FY 2023-24, as announced by the Finance Minister’s office...
On 21st June, 2024, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty said that India’s pension fund regulator plans to launch a balanced life-cycle fund for people “The...
An advisory has been issued by the Directorate General of Civil Aviation (DGCA) to airlines and airports for the adoption of measures to promote gender equality. The safety regulator recommended...
On 19th June, 2024, the Reserve Bank of India (RBI) invited applications for recognizing Self Regulatory Organizations (SROs) for NBFC sector under RBI’s framework. Within a period of one year...
In order to encourage people to avail the health policies as a measure of social security, an umbrella body of non-life insurance agents known as the Confederation of General Insurance...
The World Economic Forum (WEF) has released its global Energy Transition Index in which India has been ranked at 63rd position. WEF said that India has shown significant improvement in...
Chip Maker Nvidia’s share price rallied over 3.5% on 18th June, 2024, making it the world’s most valuable company, surpassing Microsoft. Within a period of nine months, Nvidia’s market value...
Generative AI chatbot Gemini’s mobile app has been launched by Google in India in English and nine Indian languages. In a blog post, Google said, “Both the Gemini app and...