The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that insurance companies must now seek prior approval for appointing their Board Chairperson. Current Chairpersons must comply with this regulation by March 31, 2026, or by the end of…
Read More
The inaugural month of FY25 saw GST collections soaring to Rs. 2.10 lakh crore, accompanied by a slight easing in inflation to 4.83%. However, the unsettling rise in unemployment to 8.1% raises concerns. Meanwhile, foreign exchange reserves stood at Rs.53,17,256…
Read More
Hospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
Read More
The shortfall of funds has pushed up the weighted average call rate (WACR), which represents banks’ overnight cost of borrowing and functions as a determinant of other borrowing costs in the economy too. On Wednesday, the WACR closed at 6.75%,…
Read More
His comments come as political parties are in the middle of the Lok Sabha election, with two more phases scheduled over the next ten days.
Read More
Prime Minister Narendra Modi has pledged to propel India to become the world’s third-largest economy if re-elected for a third term. His ambitious 100-day agenda post-election includes prioritizing manufacturing, new-age technology, infrastructure development, and clean energy sectors. The government aims…
Read More