The GST rate on health insurance premiums and life insurance has been set at 18%. This increase affects the overall cost of insurance for consumers, potentially impacting the…
13/08/20241 min read
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The GST rate on health insurance premiums and life insurance has been set at 18%. This increase affects the overall cost of insurance for consumers, potentially impacting the…
Motilal Oswal Financial Services Limited MOFSL considers the Nifty index fairly valued following recent market corrections. The analysts favor investments in PSU banks,…
The newly amended Banking Laws Amendment Bill 2024 introduces significant changes aimed at improving the banking sector's regulatory framework. The amendments are designed to…
Four banks in Indore are offering loans to purchase IDA flats under a new scheme. This initiative aims to make housing more accessible to residents by providing financial support…
The Madhya Pradesh High Court has ruled on the automatic cancellation clause in bail orders under Section 449 of the CrPC. The court determined that bail orders do not…
A study reveals that 93% of institutional investors consider sustainability information essential when making investment decisions. This trend underscores the growing importance…
Kerala High Court dismissed an unnecessary defamation case against press and media persons, emphasizing the need to protect journalistic freedom. The court ruled that defamation…
The Supreme Court has stayed a Delhi High Court order that extended the Old Pension Scheme OPS to paramilitary forces. The stay indicates the Supreme Court's intent to carefully…
The Supreme Court dismissed a plea challenging the decision to conduct a re-test for the UGC NET exam on August 21. The court found no merit in the petition, affirming that the…
Several Public Sector Undertaking PSU banks in India are offering attractive fixed deposit FD rates in August 2024, with interest rates ranging from 6.5% to 7.75%. These rates are…
Calcutta High Court ruled that a momentary disagreement leading someone to extreme actions cannot be considered abetment to suicide under Section 306 IPC. The court highlighted…
Chhattisgarh High Court set aside an order invoking bank guarantee encashment, noting that the lower court failed to consider the irretrievable injury to the party. The ruling…
The Supreme Court has issued a notice to the Enforcement Directorate ED regarding Vijay Nair's bail plea in a case related to the liquor policy. The case involves allegations of…
The National Green Tribunal NGT has initiated a suo motu review of 845 elephant deaths in Kerala over the past eight years. The tribunal aims to investigate the causes of these…
The Supreme Court of India has reserved its verdict on the bail plea of V. Senthil Balaji, a politician facing charges under the Prevention of Money Laundering Act PMLA . The case…
The Delhi High Court has ruled on the classification of aircraft under the Aircraft Act, determining the regulatory authority's jurisdiction over specific types of aircraft. This…
The Income Tax Appellate Tribunal ITAT has granted income tax exemption to a trust, ruling that the requirement to file an audit report in Form 10B is procedural. The ITAT…
FMCG stocks witnessed a decline as the broader market fell, reflecting investor concerns over rising costs and slowing demand. The drop in FMCG stocks is part of a broader market…
The upcoming week in the Indian stock market is set to be influenced by several key triggers, including Q1 results, CPI data, dividend announcements, and the IPO of Saraswati…
Bata India reported mixed results for Q1, with growth in revenue but challenges in maintaining profit margins. The company's focus on expanding its power brand outlets has driven…
The Indian pharmaceutical market experienced significant growth in July, driven by key companies like Torrent, Glenmark, Alkem, Mankind, and Lupin. These companies have been at…
The Gujarat Real Estate Regulatory Authority GujRERA has launched a crackdown on unregistered real estate projects in the state. This initiative aims to enforce compliance with…
The Reserve Bank of India RBI has established an expert panel, chaired by Deputy Governor Michael Patra, to benchmark India's statistical systems against global standards. This…
The National Company Law Tribunal NCLT has directed the Reserve Bank of India RBI and the Department for Promotion of Industry and Internal Trade DIPP to expedite approvals for…
Jocata, a compliance technology firm, has launched the "One Case Manager" platform to help financial institutions comply with the Reserve Bank of India's RBI Single Dashboard…
The Reserve Bank of India RBI has established an expert panel, chaired by Deputy Governor Michael Patra, to benchmark India's statistics against global standards. This move aims…
Shares of Rail Vikas Nigam Limited RVNL jumped 9% in early trade, reflecting renewed investor optimism. Analysts suggest that the worst might be over for this multibagger PSU…
Bharat Heavy Electricals Limited BHEL has secured an order for the 2x800 MW Koderma Supercritical Thermal Power Project. This project marks a significant addition to BHEL's…
According to a SEBI report, the US accounts for the highest Foreign Portfolio Investment FPI in India, followed by Luxembourg and Canada. The report highlights the significant…
India's SMEs and MSMEs face significant challenges in obtaining adequate insurance coverage. The article discusses the importance of choosing the right insurance policies to…
Gold prices remained steady as markets awaited the release of US inflation data. The data is expected to influence central bank policies and, in turn, impact gold demand.…
Karandeep Singh Kapany, Duolingo's India Head, discusses the company's monetization strategy, which includes premium subscriptions and partnerships. Duolingo also plans to expand…
WegoFin, a fintech company, is at the forefront of financial innovation, offering cutting-edge solutions that address gaps in traditional financial services. The company's…
Prudent Equity has launched its first Portfolio Management Service PMS fund with a minimum investment requirement of Rs 50 lakh. The fund is targeted at high-net-worth individuals…
The Securities and Exchange Board of India SEBI has advised investors to remain calm and exercise due diligence amid market volatility. SEBI emphasized the importance of informed…
Major cement companies in India reported significant volume growth in the June quarter, driven by increased construction activity. However, revenue growth remained muted due to…
The Institute of Chartered Accountants of India ICAI defended its disciplinary action against EY affiliates, stating that it followed due process in investigating allegations of…
The Archaeological Survey of India ASI is set to restore the 400-year-old Barapulla Bridge in Delhi, as announced by the Delhi Lieutenant Governor. The restoration project aims to…
YES Bank is reportedly in talks with Sumitomo Mitsui Banking Corporation SMBC and other potential buyers for a stake sale. The bank's efforts to attract strategic investors are…
Several Indian banks reported a decline in Q1 treasury income following the RBI's introduction of new investment portfolio norms. The norms mandate a shift in portfolio management…
Punjab National Bank PNB has launched the Antah Drishti debit card, designed specifically for visually impaired customers. This card is part of the bank's efforts to promote…
Indian banks are grappling with concerning trends in savings and investments, including low deposit growth and a shift towards market-linked instruments. These trends could…
The Himachal Pradesh High Court has clarified that all forms of talaq, including triple talaq, are illegal under the Muslim Women Protection of Rights on Marriage Act, 2019. The…
The Kerala High Court has imposed strict conditions for the release of vehicles seized for illegal waste dumping. The court emphasized the need for stringent measures to prevent…
A Supreme Court judge highlighted issues with AI translation tools after observing that a translated court order resulted in the phrase "leave granted" becoming "chutti sweekaar."…
The Supreme Court has directed the immediate removal of barricades at the Shambhu border, stating that authorities do not need to wait for a formal order. The court's directive…
The Karnataka High Court has ordered the formulation of a new by-law to address the issue of illegal hoardings in Bengaluru. The court criticized the Bruhat Bengaluru Mahanagara…
The Supreme Court has expressed serious concerns about the unchecked proliferation of medical institutes in India. The Court highlighted that the rapid increase in medical…
The Supreme Court has dismissed a plea seeking a mandate for the speedy disposal of election petitions. The petitioner had argued that delayed adjudication affects the democratic…
The Supreme Court has asked the Enforcement Directorate ED and Central Bureau of Investigation CBI to respond to the bail plea of K Kavitha in the Delhi Excise Policy case.…
The GST rate on health insurance premiums and life insurance has been set at 18%. This increase affects the overall cost of insurance for consumers, potentially impacting the…
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