News and Updates

In a press release on 31st May, 2024, the Bank of India (BOI) said that it had launched a 666 Days Fixed Deposit (FD) offering returns of up to 7.95...

India’s Space Startup Agnikul Cosmos launched its Agnibaan rocket for the first time on 30th May, 2024, powered by the only Indian rocket engine to use both gas and liquid...

On 30th May, 2024, the Reserve Bank of India (RBI) allowed the opening of rupee accounts outside India as part of its strategic plan to internationalize the domestic currency.  The...

According to the Insurance Regulatory and Development Authority of India (IRDAI), the insurance companies must accept cashless claims and pay any associated costs within three hours of a hospital requesting...

Gurugram-based Tesla Power India has been asked by the Delhi High Court to present an affidavit detailing the stocks and sales of their EV scooters, which includes providing the dealers’...

The Reserve Bank of India imposed fines on private banks ICICI Bank and Yes Bank because of their non-compliance.  A fine of Rs 1 crore was imposed by RBI on...

UN Chief Antonio Guterres will present the UN Military Gender Advocate of the Year award to Indian Army officer Major Radhika Sen on 30th May, 2024. Major Radhika Sen has...

The Income Tax Department has urged the individuals to link their PAN with Aadhaar before May 31st, 2024 in order to avoid tax deduction at a higher rate. The Aadhaar-PAN...

India’s two target telecom operators Reliance Jio and Bharti Airtel are set to compete for market share in the African continent. India’s largest telecom operator Reliance Jio will start its...

The Nato Summit 2025 will take place in the Hague, Netherlands, from 24th to 26th June, 2025. NATO Secretary General Jens Stoltenberg said, “I am pleased to announce that the...

On 26th May, 2024, the Ministry of Ayush said that it will launch a sensitization programme for executive officials of insurance companies and owners of Ayush hospitals for promoting affordable...

With global tourism activities returning to pre-pandemic levels, World Economic Forum’s Travel & Tourism Development Index 2024 has placed India’s rank at 39th position. While the United States of America...

To provide various operational and procedural aspects to be adopted by all insurance companies, the Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular. The master...

The Securities and Exchanges Board of India (Sebi) has issued new guidelines to facilitate ease of business, and protect stock prices from volatility due to the market rumors.  The new...

Mahindra & Mahindra Financial Services has obtained a Certificate of Registration from IRDAI (Corporate Agency License) to act as a corporate agent under the Insurance Act, 1938. This license permits...