Page 3792 - Press Trust Of India

SAT stays Irdai order transferring Sahara's Life Insurance biz to SBI Life

In a big relief to Sahara India Life Insurance, Securities Appellate Tribunal (SAT) on Tuesday stayed regulator Irdai's order directing transfer of policy liabilities of around two lakh policies

Higher deposit pricing to compress net interest margins by 10-20 bps

Banks are expected to see a 10-20 bps compression in their net interest margins (NIMs) to 3-3.1 per cent this fiscal as they price deposits higher to attract more funds, says a report.

CAG for change in recruitment rules to make public auditor future-ready

CAG of India Girish Chandra Murmu said on Tuesday that his office is in process of becoming future-ready and has proposed to the government to change the recruitment rules for auditors

Women's rights rolled back, can't gender achieve equality by 2030: UN

Noting that world is not on track to achieve gender equality by 2030, UN flagged that movements against gender equality have gained traction and women's rights have been rolled back

Around 70% companies planning to recruit this fiscal year: Report

Job postings for SMBs have witnessed record highs in the last five months, and about 70 per cent of companies are actively planning to recruit this financial year, a report said

Sri Lanka can't hold election this year due to economic crisis: Cabinet

Sri Lanka is not in position to hold snap presidential election this year because of ongoing economic crisis and the govt's focus is on debt restructuring, Cabinet Spokesman Bandula Gunawardena said

PLI schemes help boost production, employment, exports: DPIIT Secretary

The production-linked incentive (PLI) schemes have led to an increase in production, employment generation, and exports of the country, a top government official said on Tuesday.

DGTR for continuation of anti-dumping duty on China steel wheels for 5 yrs

DGTR has recommended for continuation of anti-dumping duty on Chinese steel wheels for five more years with a view to guarding domestic players against cheap imports

Sebi directs MF platforms to become execution-only to cut out distributor

Capital market watchdog Sebi on Tuesday introduced a regulatory framework for 'Execution Only Platforms' for direct plans of mutual fund schemes in a bid to protect the investors

Minister asks officials to take steps to prevent landfill fire incidents

Delhi Environment Minister Gopal Rai directed the departments concerned on Tuesday to take immediate steps to prevent fires at the landfill sites in the city

Delhi's peak power demand crosses 7000 MW, highest in this season

The scorching heat in the national capital pushed the peak power demand above 7000 MW on Tuesday for the first time this summer, discom officials said

Editors Guild voices concern over intimidation by Kerala govt, minister

The Editors Guild of India on Tuesday voiced concern over alleged intimidation and harassment of journalists by Union minister Smriti Irani and the CPI(M)-led government in Kerala

NLC India JV plant in Ghatampur to supply 492 MW of electricity to Assam

State-owned NLC India joint venture Neyveli Uttar Pradesh Power has inked a pact to supply 492 MW of electricity to Assam from its 1,980 MW Ghatampur thermal plant

Pak deploys military to evacuate 100,000 people as cyclone moves closer

Pakistan on Tuesday deployed the military to speed up the evacuation of around 100,000 people from the low-lying coastal areas in the southern Sindh province as Cyclone Biparjoy moved closer

Microfinance loan portfolio up 22% to Rs 3.48 trillion in FY23, shows data

Microfinance loan portfolio increased by 22 per cent to Rs 3.48 lakh crore during 2022-23, according to a report

Delhi govt to ask bike-taxi aggregators Ola, Uber to stop operations

The Delhi government on Tuesday said it will ask bike-taxi aggregators to stop operations in the national capital till a policy is notified, a day after Supreme Court stayed a High Court order

Commercial vehicle industry to record moderate 8-10% volume growth: Report

The commercial vehicle (CV) industry is likely to record moderate volume growth of around 8-10 per cent this fiscal, with the pent-up demand levelling off, a report said on Tuesday

People buying fuel, jewellery, grocery to offload Rs 2,000 notes: Survey

Fuel, jewellery and daily groceries are top three preferred items for people to offload their Rs 2,000 currency notes

Delhi govt to bring settlement scheme for water bills of 1.1 mn people

The Delhi government will bring a one-time settlement scheme for the water bills of 11.7 lakh domestic consumers who have arrears, Chief Minister Arvind Kejriwal announced on Tuesday

Emirates to offer premium economy class on its flights to Mumbai, Bengaluru

Gulf carrier Emirates on Tuesday announced that it will offer premium economy class, offering more legroom, on its Airbus A380 flights to Mumbai and Bengaluru, starting October 30.