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New Delhi, Dec 17 (PTI) Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one ...Read More >
New Delhi, Dec 17 (PTI) The government on Wednesday slammed Congress leader Sonia Gandhi for keeping "51 cartons of Jawaharlal Nehru papers" and sought their return to Prime Ministers' Museum and Library (PMML) so that scholars and Parliament can access the crucial historical records of 'Nehruvian' times, asserting that these documents "belong in public archives, not behind closed doors". Union Culture Minister Gajendra Singh Shekhawat, in a post on X, also sought to clarify the Centre's writte ...Read More >
Hyderabad: More than 85 per cent of eligible voters exercised their franchise in the final phase of gram panchayat elections in Telangana on Wednesday, the SEC said. The elections were held peacefully, and counting of votes was underway, officials said. Of the 50,56,344 eligible voters, 43,37,024 cast their votes, recording a turnout of 85.77 per cent, the State Election Commission said. Polling was conducted in 3,752 gram panchayats for 28,410 ward member seats. "The elections concluded pea ...Read More >
Mumbai, Dec 17 (PTI) Markets regulator Sebi on Wednesday approved a comprehensive overhaul of mutual fund regulations, including changes to the expense ratio framework and limits on brokerage charges, to boost transparency. The proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. In its board meeting, Sebi has cleared a proposal to exclude all statutory levy -- STT (Securities Transaction Tax), GST (Goods and Services Tax), CTT (Commodity ...Read More >
New Delhi, Dec 17 (PTI) Smog persisted across Delhi on Wednesday, with air quality falling in the 'very poor' category, slightly improving from a day before. The forecasts, meanwhile, predict the air quality to oscillate between 'very poor' and 'severe' categories in the coming days. It is likely to remain in either of the two categories over the next six days, according to the Air Quality Early Warning System for Delhi. Delhi's 24-hour average Air Quality Index (AQI) stood at 334 at 4 pm on ...Read More >
Kolkata, Dec 17 (PTI) West Bengal Chief Minister Mamata Banerjee on Wednesday asserted that the state has emerged as the commercial capital of eastern and northeastern India, driven by strong MSME-led growth and its strategic geographic location. Addressing a programme of the Confederation of West Bengal Traders Association here, Banerjee rejected what she termed "ignorant" allegations that the state's debt has mounted to nearly Rs 7 lakh crore. She, however, did not reveal the exact amount th ...Read More >
Chandigarh, Dec 17 (PTI) Counting of votes for the zila parishad and panchayat samiti elections in Punjab was underway on Wednesday even as the ruling AAP claimed it registered victories in more than 900 zones and was leading in many so far. Complete results are expected late evening, officials said. The counting of ballot papers started at 8 am at 154 centres set up across the state. Polls were held to elect members of 347 zones of 22 zila parishads and 2,838 zones of 153 panchayat samitis on ...Read More >
New Delhi, Dec 17 (PTI) Biopharmaceutical firm Bristol Myers Squibb (BMS) and IT services company Accenture on Wednesday announced the opening of a new AI-powered content hub, Mosaic, in Mumbai. The generative AI-enabled facility is designed to accelerate BMS's global commercialisation strategy through enhanced digital capabilities, enabling the rapid creation of hyper-personalised, patient-centric content tailored for healthcare professionals, according to a joint statement. The launch of Mos ...Read More >
Kolkata, Dec 17 (PTI) Senior TMC leader Abhishek Banerjee on Wednesday said that the West Bengal government acted promptly after the chaos that erupted during an event involving Argentine football star Lionel Messi, asserting that action has already been initiated and further steps will follow against anyone found guilty. Banerjee, the party's national general secretary and the Diamond Harbour MP, made the assertion while speaking to reporters after returning to Kolkata from Delhi, where had go ...Read More >
New Delhi, Dec 17 (PTI) The Supreme Court on Wednesday permitted Delhi government authorities to take coercive action against old vehicles that do not meet Bharat Stage-IV (BS-IV) emission standards. A bench comprising Chief Justice Surya Kant and justices Joymalya Bagchi and Vipul M Pancholi modified the August 12 order of the apex court which had placed a blanket bar on coercive measures against diesel vehicles older than 10 years and petrol vehicles older than 15 years. Allowing the plea of ...Read More >
New Delhi, Dec 17 (PTI) The National Company Law Tribunal (NCLT) has approved the merger of eight Flipkart entities, taking the e-commerce major a step closer to obtaining an Indian domicile ahead of its potential public listing. The tribunal has sanctioned the Scheme of Amalgamation involving eight Singapore-incorporated transferor companies merging into Flipkart Internet Private Limited, the Bengaluru-based operational arm. Flipkart will now require approval from the Singapore court before t ...Read More >
New Delhi, Dec 17 (PTI) The initial public offering of KSH International Ltd, a manufacturer of magnet winding wires, received 26 per cent subscription on the second day of the share sale on Wednesday. The IPO received bids for 35,24,118 shares against 1,36,16,438 shares on offer, as per NSE data. The category for retail individual investors (RIIs) fetched 46 per cent subscription, while the quota for non-institutional investors subscribed 13 per cent. KSH International on Monday said it has ...Read More >
New Delhi, Dec 17 (PTI) The National Investigation Agency (NIA) has attached two immovable properties of an accused involved in transnational human trafficking and cyber frauds, officials said on Wednesday. One flat in Maharashtra's Thane and a piece of land in Bihar's Siwan purchased by the wanted accused, Anand Kumar Singh, in his wife's name using money earned illegally from human trafficking activities have been attached, a statement issued by the NIA said. Singh, a Cambodia-based Indian n ...Read More >
New Delhi, Dec 17 (PTI) The country has added 2,361 megawatt of biomass and 228 MW of waste-to-energy capacity in the last 10 years under various programmes of the government, Parliament was informed on Wednesday. Besides, 2.88 lakh biogas plants were installed at various locations in the country, Minister of State for New and Renewable Energy Shripad Yesso Naik said in response to a question in the Lok Sabha. In November 2022, the government, with an aim to support the installation of bioener ...Read More >
Lucknow, Dec 17 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday inspected preparations at the Rashtra Prena Sthal site, which will be inaugurated by Prime Minister Narendra Modi on December 25. The site is dedicated to national icons Dr Syama Prasad Mookerjee, Pandit Deendayal Upadhyaya and former prime minister Atal Bihari Vajpayee. During his visit, Adityanath reviewed arrangements related to the inauguration programme, including parking and security, and issued necessary dir ...Read More >
Panaji, Dec 17 (PTI) A court in North Goa on Wednesday remanded Gaurav and Saurabh Luthra, co-owners of the 'Birch by Romeo Lane' nightclub, in police custody for five days. The brothers, who were brought to Goa from Delhi earlier in the day after being deported from Thailand in connection with the December 6 fire incident that killed 25 persons, were produced in the court after undergoing health check-ups twice at the District Hospital in North Goa. Judicial Magistrate First Class Mapusa Puja ...Read More >
Guwahati, Dec 17 (PTI) Assam Chief Minister Himanta Biswa Sarma on Wednesday handed over ex gratia of Rs 5 lakh each to the next of kin of 21 labourers from the state who were killed in a road accident in Arunachal Pradesh. A truck carrying 22 workers from Tinsukia district fell off a cliff on Hayuliang-Chaglagam Road in Anjaw district in the eastern part of Arunachal Pradesh on the night of December 8. All the victims were from Dhelaghat in Gillapukri Tea Estate. "Standing with families duri ...Read More >
New Delhi, Dec 17 (PTI) Pension regulator PFRDA has revamped the exit and withdrawal rules, allowing non-government subscribers of National Pension System (NPS) to withdraw up to 80 per cent of the fund accumulated at the time of exit. The withdrawal limit earlier was up to 60 per cent of the accumulated pension wealth, and the remaining was expected to be utilised for buying an annuity, providing for a monthly or any other periodical pension. Besides, the regulator has also raised the exit ag ...Read More >
Kolkata, Dec 17 (PTI) West Bengal Chief Minister and TMC supremo Mamata Banerjee will address a mega meeting of the party's booth-level agents (BLAs) here on Monday to chart its voter-list strategy for the second phase of the SIR, with over 58 lakh names struck off the state's draft electoral rolls, party sources said. Amid mounting political unease over the Election Commission's Special Intensive Revision (SIR), the meeting scheduled at Netaji Indoor Stadium here is aimed at strengthening the ...Read More >
Hyderabad, Dec 17 (PTI) More than 85 per cent of eligible voters exercised their franchise in the final phase of gram panchayat elections in Telangana on Wednesday, the SEC said. The elections were held peacefully, and counting of votes was underway, officials said. Of the 50,56,344 eligible voters, 43,37,024 cast their votes, recording a turnout of 85.77 per cent, the State Election Commission said. Polling was conducted in 3,752 gram panchayats for 28,410 ward member seats. "The elections ...Read More >
Mumbai, Dec 17 (PTI) The Maharashtra Cabinet on Wednesday approved a proposal to expand the scope of a government resolution to cover prevention and removal of encroachments at state-protected monuments on lines of similar action taken against illegal structures at forts. The proposal was cleared at the Cabinet meeting chaired by Chief Minister Devendra Fadnavis. The scope of an earlier government resolution (GR) dated January 20, related to removal of encroachments at forts, has been expanded ...Read More >
New Delhi, Dec 17 (PTI) A Bill replacing the 20-year-old MNREGA and seeking to guarantee rural jobs for 125 days every year came up for discussion in the Lok Sabha on Wednesday, with Union minister Shivraj Singh Chouhan asserting that the measure will not only ensure employment but also fulfil Mahatma Gandhi's dream of making villages self-reliant. Moving the Bill for consideration and passage, Chouhan, the Union Rural Development Minister, said the Viksit Bharat Guarantee for Rozgar and Ajeevi ...Read More >
Rider Siddhesh Pardeshi (19), a class VII drop out, was arrested on Sunday Thane: A Rapido bike taxi rider was arrested in Kalyan in Thane district for allegedly molesting a 26-year-old woman passenger and stealing Rs 1000 from her, a police official said on Monday. Rider Siddhesh Pardeshi (19), a class VII drop out, was arrested on Sunday for the incident which took place on Saturday, Mahatma Phule police station senior inspector Baliramsingh Pardeshi said. "The accused picked up the victim ...Read More >
New Delhi: The Supreme Court on Wednesday transferred the RG Kar Medical College trainee doctor rape and murder case to the Calcutta High Court. The top court had taken suo motu cognisance of the case in 2024. A bench of justices MM Sundresh and Satish Chandra Sharma directed that the case papers be sent to the high court. The top court also directed that a copy of the status report be given to the parents of the victim. While taking suo motu notice of the case, the bench constituted a Nationa ...Read More >
Belagavi (Karnataka) (PTI): The ruling Congress in Karnataka on Wednesday staged a protest against the Centre's move to replace the existing rural employment law MGNREGA, challenging the BJP to remove the picture of Mahatma Gandhi from currency notes as well. The agitation led by chief minister Siddaramaiah and his deputy D K Shivakumar in front of the Gandhi statue at Suvarna Vidhana Soudha here also protested the alleged "hate politics" against the party leadership in the National Herald case ...Read More >
Mumbai, Dec 17 (PTI) Market regulator Sebi at its board meeting on Wednesday approved wide-ranging reforms, including a proposal to simplify the offer document by companies seeking to raise funds. It also cleared a proposal to enhance mutual fund transparency by breaking down Total Expense Ratio (TER), said a release. The proposal to simplify the offer document summary will enable investors to make informed decisions, it added. It also allowed debt issuers to offer incentives in public issues ...Read More >
Mumbai, Dec 17 (PTI) Neeraj Ghaywan's much acclaimed "Homebound" is among the 15 films shortlisted in the best international feature category at the Oscars, moving a step close to the final five nominations and maybe a win. The movie, inspired by a true story that became the basis of a news article during the pandemic, has been creating a global buzz since its debut in the Un Certain Regard category at the Cannes Film Festival this May. Hollywood legend Martin Scorsese is a fan and has come on ...Read More >
Mumbai, Dec 17 (PTI) Maharashtra Sports Minister and NCP leader Manikrao Kokate moved the Bombay High Court on Wednesday, challenging a sessions court order that upheld his conviction and two-year jail term in a 1995 cheating and forgery case. The move comes as Kokate faces the imminent threat of losing his cabinet post and his assembly seat. In mounting trouble for the minister, a court in Nashik district on Wednesday issued an arrest warrant against him in the case. Kokate's lawyer Aniket Ni ...Read More >
New Delhi, Dec 17 (PTI) Lok Sabha on Wednesday passed the nuclear energy bill with Union minister Jitendra Singh asserting that it would help India achieve its target of 100 GW atomic energy generation by 2047. The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to open the tightly-controlled civil nuclear sector for private participation, was passed by voice vote amid a walkout by the opposition. Singh termed the bill a "milestone leg ...Read More >
New Delhi, Dec 17 (PTI) Shares of dialysis services provider Nephrocare Health Services Ltd closed with a premium of 2.5 per cent over the issue price of Rs 460 on Wednesday. The stock started trading at Rs 491.70, a 6.89 per cent jump from the issue price, on the BSE. Later, it surged 8.41 per cent to Rs 498.70. Shares of the firm ended at Rs 471.60, up 2.52 per cent. At the NSE, the stock was listed at Rs 490, reflecting a 6.52 per cent premium. Shares of the firm ended at Rs 471.25, a gain ...Read More >
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