Business
Govt allows 100% FDI in insurance sector via automatic route, amends FEMA rules
The Central Government has notified key amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, significantly liberalising foreign investment norms in the insurance sector. The changes were issued through a Gazette…
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Energy shock from Iran war delays rate cuts, sets up divergent paths for Fed, ECB and BoJ
Central banks globally are reassessing their policy trajectories after the Iran war pushed energy prices higher, with Investment management firm, Robeco warning…
Govt tightens scrutiny on FDI from border-sharing countries, mandates approval for ownership changes
The government has tightened foreign investment rules by mandating prior approval for investments from countries sharing a land border with India, including…
Balasubramaniam, Joram Aniya to be new full-time members of Niti Aayog
Prime Minister Narendra Modi has approved the appointment of Dr R Balasubramaniam and Dr Joram Aniya as full-time members of NITI Aayog,…
NHAI rolls out India’s first stop-free toll system on NH-48 in Gujarat
The new system removes physical toll barriers and enables seamless vehicle movement. "The MLFF framework introduces barrier-less tolling with minimal human intervention,…
Govt pushes mandatory e-filing, hybrid hearings to speed up loan recovery cases
Highlighting the need to tackle rising pendency, the ministry said that "a key focus of the deliberations was on reducing pendency and…
As West Asia crisis sends oil and fertiliser prices soaring, fiscal deficit target is difficult to achieve: CEA
Speaking at the ICPP Growth Conference organised by Ashoka University, Nageswaran said India was facing its "most difficult" energy shock in recent…