[ad_1] By Stefanno Sulaiman and Ananda Teresia JAKARTA, May 22 (Reuters) – Indonesia is expected to appoint a military officer – once found guilty of kidnapping rights activists – to a top finance ministry post, two sources said, underlining the military’s growing role in governing the world’s third largest democracy. The appointment, expected to be…
[ad_1] New Delhi: The government has eased compliance for stock and commodity market brokers by providing clarity on investments that do not involve client money. The Department of Economic Affairs (DEA), ministry of finance has amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957 to clarify that any investments made by a member (broker)…
[ad_1] Life insurance is a crucial pillar of financial security, offering peace of mind and protection for your loved ones. However, customers often find themselves with policies that donât align with their actual needs. Sometimes, what customers truly require is not what theyâre offered, as the focus shifts toward savings or investments rather than essential…
[ad_1] New Delhi: Finance minister Nirmala Sitharaman will lead the Indian delegation to the annual meeting of the board of governors of the Asian Development Bank (ADB), being held in Milan, Italy, from 4 May to 7 May, the ministry said in a statement on Sunday. During her visit, Sitharaman will hold bilateral meetings with…
[ad_1] The Congress party has slammed the Prime Minister Narendra Modi-led Union government for allegedly using central investigating agencies to intimidate political opponents. The party alleged that the Modi government sends summons from the Enforcement Directorate (ED) to opposition leaders every time an election approaches. Congress spokesperson Supriya Shrinate accused PM Modi of converting ED…
[ad_1] New Delhi: Consumer interest organisations and civil society actors have argued for tighter regulation of fantasy sports and opinion trading platforms to safeguard players’ interests as these activities gain traction during the cricket season. The cricket season has commenced with the start of the ICC Champions Trophy and the IPL 2025 will start next…
[ad_1] Public sector general insurance companies that have historically reported losses, witnessed a major turnaround with all of them becoming profitable again, the finance ministry said in a statement on Thursday. While Oriental Insurance Co. Ltd (OICL) and National Insurance Co. Ltd (NICL) started posting quarterly profits from Q4 of FY24 and Q2 of FY25…
[ad_1] New Delhi: Startups exploring space, crafting high-end chips and developing defence technologies may get long-term loans at low or nil interest rates from a âš1 trillion government fund to support companies in promising segments struggling for capital. Setting up the fund for deeptech companies, first proposed in the interim budget in February, is part…
[ad_1] The final stage of preparing the union budget for FY25 has begun with the customary âhalwaâ ceremony at North Block where the finance ministry is housed, the ministry said on Tuesday. The budget will be presented on 23 July and the economic survey a day before. The halwa ceremony is performed before the âlock-inâ process…
[ad_1] The final stage of preparing the union budget for FY25 has begun with the customary âhalwaâ ceremony at North Block where the finance ministry is housed, the ministry said on Tuesday. The budget will be presented on 23 July and the economic survey a day before. The halwa ceremony is performed before the âlock-inâ process…
