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Ayushman Bharat Pradhan Mantri Jan Arogya Yojana is a government health insurance scheme. It aims to provide free access to health insurance coverage for families with low income. The scheme up to Rs. 500,000 per year for secondary and tertiary care hospitalizations for eligible families. To avail the benefits of this scheme, it is important […]
National Securities Depository (NSDL) initial public offering (IPO) has been approved by the Securities and Exchange Board of India (SEBI) more than a year after the depository filed the offer document. On September 30, the market regulator released its final comments regarding the draft red herring prospectus (DRHP), which was submitted in July 2023. Between […]
Many people and businesses take loans for personal and professional reasons, respectively. However, at times of financial crisis, they may fail to repay the loan. An individual might fail to repay the loan after losing their job or due to a medical emergency. A business might fail to repay the loan because it faced some […]
Aviation industry regulator Directorate General of Civil Aviation (DGCA) is getting ready to issue licenses to Air Traffic Controllers (ATCOs) in electronic form as part of its plan to go paperless and embrace the digital age. With the new electronic licenses, ATCOs will be able to easily access and manage their licenses on devices like […]
On 27th September, the Indian Stock Exchanges National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) updated their market segment fees to comply with the Securities and Exchange Board of India (SEBI) true-to-label circular, which stipulates uniform fees regardless of turnover. Up until recently, the exchanges were charging slab-wise fees that were determined by […]
Recently, the Bar Council of India (BCI) released a comprehensive notification outlining a number of new regulatory initiatives designed to promote openness and morality in the legal industry. Integrity is emphasized by these standards, which are applicable to all Centers of Legal Education (CLEs), including law colleges and universities. They call for stringent adherence to […]
According to an analysis by Securities and Exchange Board of India (SEBI), individual traders in the futures and options (F&O) market lost an astounding Rs 1.8 lakh crore in total over the previous three fiscal years. Nearly 93 percent of the more than 1 crore investors, or nine out of ten traders, suffered average losses […]
Aditya Birla Capital has been given the go-ahead by the Reserve Bank of India to combine its fully owned subsidiary Aditya Birla Finance Limited with itself to form a sizable, consolidated NBFC. “The company and amalgamating company have received letters dated 18 September 2024 from the Reserve Bank of India (RBI), whereby the RBI has […]
According to the exchange filing, Adani Wilmar Limited, a significant participant in the consumer goods industry in India, recently revealed getting a penalty order from the Legal Metrology Officer, Mathura Div, Uttar Pradesh. In accordance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, the […]
The Ministry of Road Transport and Highways has announced a new rule that allows people to travel for free up to 20 kilometers each way on national highways and expressways every day. This rule is for vehicles that have the Global Navigation Satellite System (GNSS). The ministry changed the National Highways Fee Rules from 2008 […]