The Insurance Regulatory and Development Authority of India (IRDAI) has come out with a clarification that insurers were permitted to change the base premium up to +/- 5 per cent of originally approve
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Gold demand moderated this week after local prices recovered from a five-month trough, while buyers in other major hubs were also put off by a slight uptick in prices. "Until last week demand was very
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The Delhi High Court passed a detailed judgement which clarified Regulation 6 and 9 of the RBI FEMA Regulations 2004 while disposing of Jindal Steel and Power Ltd petition and upholds transfer of mon
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E-commerce major Flipkart on Thursday announced a "partial spin-off" of PhonePe as the digital payment firm raises USD 700 million in funding, valuing it at USD 5.5 billion.Flipkart co-founder Binny B
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India's economy, severely affected by the coronavirus pandemic, is gradually recovering, the International Monetary Fund (IMF) said on Thursday. The country's economy recovered faster than expected in
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Considering the economic shock caused by the COVID-19 pandemic, the Reserve Bank of India (RBI) asked scheduled commercial banks and cooperative banks not to pay any dividends for the financial year e
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