Government: Page 8

News and Trends

Government May Infuse More Capital In General Insurance Companies: Official

The government last year reportedly provided INR 5,000 crore capital to three insurers --National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company

News and Trends

Fintech Companies Need a Self-Regulatory Approach, Says RBI Deputy Governor

The Reserve Bank of India (RBI) has said that the financial technology, or fintech, sector should organize itself under a self-regulatory organization that can monitor the conduct of member fintech entities

News and Trends

India And US To Sign MoU On Semiconductor Sector

US Commerce Secretary has said that several US companies in the electronics and semiconductor segment have a 'strong' desire to diversify their supply chain and be more resilient

News and Trends

India Must Prepare To Manage Volatility Risks In Forex Market, Says RBI Deputy Governor

The deputy governor said that India has increasingly aimed to promote trade denominated in Rupees

News and Trends

Sebi Introduces Up to INR 20 Lakh Reward System For Tips On Defaulters

The informant reward committee will give its recommendations to the competent authority on the matters pertaining to eligibility of informants for reward and determination of the amount of reward payable to informants

News and Trends

Link PAN With Aadhaar, Sebi Asks Investors

The provisions of Income-tax Act, 1961, make it mandatory for every person who has been allotted a Permanent Account Number (PAN) to intimate his/her Aadhaar Number to the prescribed authority so that the Aadhaar and PAN can be linked

News and Trends

Government Imposes Money Laundering Provisions On Virtual Assets

The gazette notification issued on 7 March by the Union Finance Ministry stated that digital assets, cryptos or virtual asset business will now come under the ambit of Prevention of Money Laundering Act (PMLA) 2002

News and Trends

Narendra Modi Urges Private Sector To Step Up Investment

Modi reportedly said the government has increased outlay on capital expenditure to INR 10 lakh crore, the highest ever

News and Trends

Centre To Bring Ecommerce Policies: Government Official

The Joint Secretary reportedly urged the industry to focus on producing high quality products

News and Trends

ONDC Will Help Small Retail Survive Onslaught Of Large Tech-Based Ecommerce Firms, Says Piyush Goyal

The minister also said that the consumer industry in India, and FMCGs have been victims of indiscriminate low-quality imports because of which people have suffered

News and Trends

Daily UPI Transactions Jump 50% To 36 Crore, Says RBI Governor

Shaktikanta Das added that the overall monthly digital payment transactions crossed over INR 1,000-crore-mark each month during the past three months

News and Trends

Government To Soon Issue SOPs For INR 26,000 Crore Auto PLI: Report

The market estimates reported that as of 2022, India is the third largest automobile market in the world, surpassing Japan and Germany in terms of sales

News and Trends

India To Manufacture $300 Billion Electronics Goods By 2026, Says Rajeev Chandrasekhar

As per the market estimates, with per capita disposable income and private consumption having doubled between FY12 and FY21, India has emerged as one of the largest markets for electronic products in the world

News and Trends

Goods And Services Exports May Touch $1 Trillion Each By 2030, Says Piyush Goyal

According to reports, the country's merchandise and services exports touched an all-time high of $422 billion and $254 billion, respectively, in 2021-22

News and Trends

GDP Growth May Top 7% This Fiscal Year, Says CEA

According to the second advance estimate released by the National Statistical Office (NSO) maintained the growth projection of 7% as was projected in the first advance estimate which was released in January