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Insurance companies get more autonomy to decide on commission amount

Govt gives nod to Irdai rules on payment of commissions for intermediaries

PFRDA increases Ombudsman's upper age limit to 70 years from 65 years

According to the gazette notification dated March 27, the PFRDA has amended that regulation by replacing the upper age limit for Ombudsman from 65 to 70 years

Centre may announce Aadhaar-based KYC norms for small savings schemes

The simplified KYC, along with small savings rates for the April-June 2023 quarter, may be announced on March 31, the official said

At 8.15% for FY23, EPFO returns are second lowest in over 45 years

EPFO's return in 1977-78 was 8%. It has since been 8.25% or more; the peak was 12%, a rate that remained unchanged between 1989-90 and 1999-2000

Supporting Ukraine

New IMF loan raises questions

ReNew repays more than $1 billion to offshore bondholders in FY23

The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity

EPFO fixes 8.15% interest rate on employees' provident fund for FY23

Fund paid 8.1% interest rate to subscribers in 2021-22, marking a four-decade low

Piramal, TPG on verge exit from Shriram General Insurance Holdings

Likely to sell combined stake of 30% in the company at an enterprise valuation of $2 billion, say sources

Trai directs telecom companies to report network outages with reasons

Trai has directed telecom operators to report the root cause of major network outages and corrective actions taken by the telecom operators within 72 hours of restoration of the service

Japan commits Rs 7,084 crore for three infrastructure projects in India

Notes in this regard were exchanged between Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs and Japan Ambassador to India Suzuki Hiroshi, an official statement said

80% of early-stage start-ups looking to expand workforce in 2023: Report

These enterprises, the study by Ficci and Randstad says, are well capitalised and have raised series A and B funding rounds

HC issues summons to Uddhav, Aditya Thackeray, Raut on defamation plea

High court also asked Google, Twitter, Uddhav, Aditya and Raut to file their written statements within 30 days on the plea seeking removal of the alleged defamatory content from social media platforms

Palaniswami takes full control of AIADMK, Panneerselvam loses legal battle

Palaniswami assuming the top position though has brought down the curtain on the leadership issue, the battle is set to continue in courts as OPS camp is determined to take forward its legal struggle

Toll on Mumbai-Pune Expressway to be increased by 18% from April 1

Toll is collected at five toll plazas, of which ones at Khalapur and Talegaon are the main ones

High ammonia levels in Yamuna to hit water supply in parts of Delhi

According to the Bureau of Indian Standards, the acceptable maximum limit of ammonia in drinking water is 0.5 ppm. At present, the Delhi Jal Board has the capacity to treat 0.9 ppm

Telecom industry's financial health needs to improve: Bharti Ent V-C

He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

Atiq Ahmad, two others get life term in 2006 Umesh Pal kidnapping case

This is Ahmad's first conviction in over 100 cases registered against him over the years

S&P 500 edges down while bond yields rise with gold for a 2nd day

Gold prices rose after two sessions of declines with support from a weaker U.S. dollar even as bond yields rose and bank sector fears appeared to recede

India develops own mathematical model for estimating TB cases in country

Using this model, TB incidence and mortality estimate data for India will be available by March every year, months before the annual WHO estimates are released in October

Signal strength: Reliance Jio wages price war in fixed-line broadband

The growth of the home broadband market in India has been constrained by the fact that only 10 per cent of the households are connected by fibre