Life insurance policyholders get higher early-exit payouts
From October 1st onwards, new rules have been introduced in the life insurance industry that offer higher payouts if you exit early. This change is part of updated rules from…
RBI’s New Rules for NBFCs from 2025
The rules governing investments in housing finance companies (HFCs) and non-banking finance companies (NBFCs) have been updated by the Reserve Bank of India (RBI). The RBI has made changes to…
ISRO Small Satellite Launch Vehicle Successful
A significant step forward for India’s space aspirations has been achieved by the Indian Space Research Organization (ISRO) with the successful completion of the third and last developmental flight of…
SEBI asks Investment Advisers, Analysts to disclose AI tool usage to clients
In order to prevent unintentional data exposure, Sebi has advised that registered investment advisers and research analysts who use artificial intelligence (AI) tools in their services notify customers about the…
Deepak Sood appointed as IRDAI Whole Time Member
On August 12, 2024, the Central Government named Deepak Sood as a Whole Time Member (Non-Life) of the Insurance Regulatory and Development Authority of India (IRDAI). At present, Sood holds…
SEBI Chairman’s response to Hindenburg raises new questions
Hindenburg Research in a post on X on 11th August said “Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch’s response to our report includes several important admissions…
Additional 2 Crore Rural Houses To Be Constructed Under PMAY
The Department of Rural Development’s proposal to build additional two crore houses under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G) has been approved by the Union Cabinet, which is…
Hindenburg Research suggests something ‘big’ soon in India
After the 2023 Adani shock, Hindenburg Research made hints about a potential ‘big’ India reveal. On 10th August, 2024, the US short seller posted on X, “Something big soon India.”…
Property Share receives India’s first SM REIT License from SEBI
Property Share, a fractional ownership platform (FOP), has been granted the nation’s first Small and Medium Real Estate Investment Trust (SM REIT) license by the Securities and Exchange Board of…
Delhi Government To Introduce New Law For Coaching Centres
Following the tragic flooding that claimed the lives of three UPSC candidates, the Delhi government is planning to introduce a new legislation governing coaching centers in the nation’s capital, according…