Indian News

Single emergency helpline number '112' aunched in 16 states, UTs

Eco/Invest/Demography       Feb 19, 2019

  New Delhi: Sixteen states and Union territories on Tuesday joined a pan-India network of the single emergency helpline number '112' on which immediate assistance can be sought by people, the Home Ministry said .   Home Minister Rajnath Singh launched various initiatives for women safety here...

Breather for startups: Govt raises investment cap for angel tax concession

Eco/Invest/Demography       Feb 19, 2019

  New Delhi: Giving a major relief to startups, the government has decided to relax angel tax norms for startups, including increasing the investment limit to Rs 25 crore for availing income tax concessions by startups, an official said Tuesday.   Currently, startups avail tax concession only...

NPCI identifies new type of digital banking frauds

  Mumbai: National Payments Corporation of India (NPCI) is at the forefront of driving digital payments to deliver a simple, secure and seamless experience for consumers. With the widespread acceptance and growth of Digital payments it is paramount that consumers also learn safety aspects of any...

SBI Gen ties up with Policybazaar for selling travel insurance policies

Non-Life       Feb 18, 2019

  Mumbai: SBI General (SBIG) Insurance has collaborated with India’s largest insurtech market place, Policybazaar.com to sell SBI Travel Insurance (Business & Holiday), its latest travel insurance offering.   The latest offering from the SBIG stable has been engineered to provide a 360* protection shield for consumer...

Gold imports dip 5% during April- January to $26.93 billion

Eco/Invest/Demography, Wealth Management       Feb 17, 2019

New Delhi: The country's gold imports dipped about 5 percent in value terms to $26.93 billion during April-January 2018-19, which is expected to keep a lid on the current account deficit.   According to commerce ministry data, total imports of the precious metal in the corresponding...

Net SIP growth falls 61% in April-December

Eco/Invest/Demography, Wealth Management       Feb 17, 2019

  New DelhI: Growth of Systematic Investment Plan (SIP) in the country's mutual fund industry fell 61 per cent in the first nine months of the current fiscal, following a year of negative returns and the growing uncertainty due to the upcoming elections. From a high...

Portal launched for real-time info on available depth on national waterways

Eco/Invest/Demography, Non-Life       Feb 15, 2019

  New Delhi: The Inland Waterways Authority of India (IWAI) Friday launched a new portal -- LADIS -- that would ensure real-time information on available depth on stretches of national waterways. "Moving a step ahead towards ensuring optimum use of national waterways, the Inland Waterways Authority...

PE firm eyes $1 billion fund to tap India ESG investors

Mumbai: Avendus Capital has started accepting money for one of India’s first funds to base investment decisions on environment, social and governance parameters as investor concerns about governance at Indian companies surge.  “Traditionally, university endowments and pension funds tend to participate in ESG. But we...

How tech giants are safeguarding global data centres from cyber attacks

Risk Management, Technology       Feb 17, 2019

  New Delhi: With the dramatic rise in Internet fraud and data breaches in the past couple of years amid nation-state actors now threatening critical and sensitive government data, it has become crucial for the tech companies to put in place top-of-the-line measures to stay ahead...

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