One Trillion US Dollar Required for Infrastructure Sector: FM Financial Sector Legislative Reforms Commission to be Set up to Clean up Financial Sector Laws: FM
Union Finance Minister Shri Pranab Mukherjee has expressed confidence that we are in a position to sustain high economic growth in the coming decades and create a more inclusive outcome for our society. The ambitious programme of providing unique ide
The Interim Pension Fund Regulatory and Development Authority (PFRDA) has authorized 40 institutions including public sector banks, private banks and the Department of Posts as Points of Presence (POPs) for selling the New Pension system (NPS) to the
The Cashless Medical Insurance is provided by the Public Sector General Insurance Companies (PSGICs) through Third Party Administrators (TPAs). However, the health insurance portfolio is characterized by mounting losses mainly because some of the hos
The Minister for Corporate Affairs has said that as per information available in his Ministry, 135 Multinational Pharma companies are operating in India through their subsidiaries. Giving this information in written reply to a question in the Lok Sab
Insurance regulator IRDA today gave a clean chit to Life Insurance Corporation of India, the largest insurance company in India, in the case of alleged violation of rules pertaining to transfer of profits among its various schemes.
Embroiled in a controversy over distributing spectrum cheap, the government may ask the new telecom operators to pay an additional amount, over and above the Rs 1,651 crore they have already paid as licence fee. According to sources in the government
The Centre today said in the Lok Sabha that it does not intend to invest the provident fund of government employees, estimated at Rs 83,363 crore, in stock market. Minister of State for Finance Namo Narain Meena said
The government today said the Reserve Bank is scrutinising IPL related transactions of certain banks to check compliance under the foreign exchange rules. “The Reserve Bank of India (RBI) has undertaken scrutiny of IPL (cricket matches) related trans
Willing to play a role in examining the 2G spectrum scam, Corporate Affairs Minister Salman Khurshid today said his ministry will inspect the books of companies involved in the muddle provided a reference is made to it. We don’t want to look over an
