Between 2019-20 and 2021-22, the government infused ₹17,450 crore into the three insurers — Oriental Insurance, National Insurance, and United India Insurance — to stabilise their finances.
Industry body Nasscom called the reform “a step toward greater predictability and transparency,” adding that full implementation must ensure alignment between the central codes and state-level labour and shops-and-establishments laws.
India’s existing labour regulations were built on laws framed between the 1930s and 1950s, an era when work structures, technology, and economic realities were vastly different. Over time, these fragmented and complex laws created uncertainty for workers and heightened compliance burdens for industry.
India has 12 state-owned banks, which together hold assets worth around $1.95 trillion as of March, accounting for 55% of the country’s banking sector. According to sources, the government intends to retain at least a 51% stake in these banks, ensuring majority ownership even if the proposal goes through.
Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum on October 11, SEBI Chairman Tuhin Kanta Pandey said the regulator’s immediate goal is to ensure NRIs no longer need to travel to India to complete their KYC requirements.
Headquartered in the National Capital Region, the Authority will be tasked with recognising, categorising, and registering online games; maintaining a public registry of approved games; issuing advisories; and imposing penalties for violations.
The revision comes in the wake of a discussion paper issued by the Department of Economic Affairs (DEA) in September 2024, which raised concerns over the ambiguous language in Rule 8 — particularly the undefined scope of the term “any business.”
New Delhi plans to create a new category of "foreign-owned and controlled entities" (FOCE), which will also include Indian firms with "indirect foreign investment", according to the report.
Online filings, hybrid hearings and strict timelines to facilitate faster dispute resolution, say experts.
The carbon intensive industries in aluminium, cement, pulp & paper and chlor-alkali are under obligation to reduce their greenhouse gas emissions else will be penalised for non-compliance.
From pedestrian-friendly infrastructure to clean energy and integrated public services, the entrepreneur highlights 19 key takeaways
India, the world’s second-largest crude steel producer, turned net importer of finished steel for the second straight year in FY2024/25, with inbound shipments hitting a nine-year peak of 9.5 million metric tonnes, provisional government data shows.
From April 20-25, the Finance Minister will visit San Francisco and Washington D.C., while from April 26-30, she will travel to Peru on her first official visit
Tariff is likely to increase the cost of EVs, which will encourage companies to use local manufacturing.
Framed as a move to protect American industries, the sweeping duties—some as high as 49% — hit countries like Cambodia, Madagascar, and Myanmar, where millions already grapple with poverty and disaster.
In contrast to some global reactions, India has clarified it will not be joining any retaliatory trade blocs like ASEAN’s response mechanism. Instead, it is focusing on exploring new partnerships, including potential Free Trade Agreements (FTAs) with the Gulf Cooperation Council (GCC), Bahrain and Qatar.
The Appointments Committee of Cabinet has appointed Poonam Gupta as RBI DG, S Ramann as PFRDA Chairperson
“Build things, produce things, market things. Nepal has hydropower, Bhutan has hydropower, we can bring to our purpose. You can produce in Bangladesh and sell in China,” he told officials.
Both sides aim to finalise first tranche of Bilateral Trade Agreement by this year end.
Sources indicate move part of amendments to the Finance Bill. eta. The move significantly comes at a time when concerns have been raised on the issue by several nations, including the US.
X Corp has filed a petition in the Karnataka High Court against Centre 'nullifying SC directives' by bypasses statutory safeguards





