India Boosts Lab-Grown Diamond Sector
India is boosting its lab-grown diamond sector by offering tax benefits and funding IIT Madras to establish a research center. Traditional diamond production uses the…
Economy
IRDAI Guidelines for Health Insurance Claims
The IRDAI has introduced new guidelines to streamline health insurance claims in India. These include mandatory cashless settlements, strict timelines for claim processing, penalties for…
RBI Governor Unveils Key Financial Initiatives for 2023
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India’s $48 Billion Input Subsidy
India’s $48 billion input subsidy for power and agriculture has raised concerns among several WTO members, including the US and EU. The subsidies, aimed at…
Four European Union Banks Seek RBI Nod for Clearing Model
Four major European banks are seeking RBI approval to use a third-party clearing model for trading Indian government bonds and derivatives due to ESMA’s revocation…
SEBI Cracks Down on Gaming Apps Involved in Virtual Trading
The Securities and Exchange Board of India (SEBI) has initiated a crackdown on gaming apps involved in virtual trading using real-time stock prices. This measure…
India’s Market Capitalization Crosses $5 Trillion Milestone
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Maldives India’s RuPay Service
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RBI Approves Highest-Ever Dividend Of Rs 2.11 Lakh Crore for Government
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