Government: Page 8
India Is Poised For a Vibrant Chip Industry In Next 3-4 Years, Says Ashwini Vaishnaw
As per the report, the government is focused on creating and fostering the semiconductor industry and has been actively engaging with all stakeholders
SVB Crisis: Startups Can Approach Indian Banking System, Says Rajeev Chandrasekhar
The minister also guaranteed that Indian government is working on ways to shield them from economic vulnerability
India To Restrain Foreign Trade Settlement In Chinese Yuan: Reuters
According to government officials, India, which has emerged as a top buyer of Russian oil as well as discounted coal, would prefer the use of United Arab Emirates dirhams to settle trade
Digital E-Rupee Worth Over INR 130 Crore Is In Circulation, Says Nirmala Sitharaman
India launched its e-Rupee on December 1st in 5 select locations in a closed user group for making Person to Person (P2P) and Person to Merchant (P2M) transactions
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
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
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
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
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
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
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
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
Centre To Bring Ecommerce Policies: Government Official
The Joint Secretary reportedly urged the industry to focus on producing high quality products
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
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