The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a new ceiling for commissions on individual life insurance policies, aiming to curb upfront sales incentives and encour
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India’s Unified Payments Interface currently processes over 20 billion transactions a month setting the global benchmark for real-time payments, a report said on Thursday, adding that the platform dem
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The government on Thursday reduced the Basic Customs Duty (BCD) on major imported crude edible oils in an effort to moderate domestic prices, provide relief to consumers and contain inflationary pres
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In order to minimise disruption to the genuine banking needs of the public, the Government has directed public sector banks to stay open on Sunday, a day before the start of the proposed 3-day country
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After much hype around its Rs 22,561.57 crore IPO, the shares of the National Stock Exchange (NSE) ended nearly 1.8 per cent higher at 1,818 apiece on Thursday, from its issue price of Rs 1,785. The s
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The government and the sugar industry are working together to ensure that sugar remains available to consumers at reasonable prices during the upcoming festive season, Indian Sugar and Bio-energy Man
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