New CGHS guidelines issued! In a major move to streamline the approval process for some essential services about respiratory devices, the Ministry of Health and Family Welfare has announced a complete transition to an online system for processing permissions related to CPAP, BiPAP, and oxygen concentrators under the Central Government Health Scheme (CGHS). The new
As the Union Budget approaches, different groups, including taxpayers, come up with high expectations every year. While some of their demands are addressed by the government, many remain unattended. More often than not, there’s a big gap between what the government delivers and what the people anticipate. In this context, we present our predictions for
Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched Kotak MSCI India ETF, India’s first-ever fund replicating the MSCI India Index. With the fund open for public subscription from January 29 to February 12, 2025, this launch brings an exciting opportunity for both domestic and international investors. Set to track 156 top companies from
8th Pay Commission: The Modi government recently gave its go-ahead to the new pay panel which is expected to give its recommendations on salary and pension revision for central government employees in a few months from now. The 8th Pay Commission will submit its final report to the Centre which will take a final call
Union Budget 2025: Significantly affected by rising inflation, decreasing real wages, and the increasing cost of living, individual taxpayers are turning their attention to Finance Minister Nirmala Sitharaman as the Budget 2025 is set to be presented on February 1. Among the primary expectations of taxpayers are the rationalization of income tax slab rates, an
Average property values in India’s National Capital Region (NCR) showed a whopping 49% appreciation in the past one year as demand for luxury homes continued to sustain. This comes amid an escalation in the cost of building materials and labour, according to a new report by PropTiger.com. As per the report titled ‘Real Insight: Residential
A credit score is a three-digit number that reflects your creditworthiness. Your credit score is determined based on various factors like your loan repayment history, credit limit used, and also how long you have been using credit. A higher credit score facilitates getting loans and credit cards approved easily by banks and non-bank lenders. A
India’s top nine cities, where a majority of Indians migrate for jobs, are staring at a housing crisis as real estate developers have turned to the luxury housing segment and are not focusing on housing requirements for the affordable and mid-income category, according to a report. The supply of homes in the affordable and mid-income
To address the shortage of skilled manpower for financial services and technology companies in GIFT City as well as the country, the GIFT International Fintech Institute (IFI) aims to train not only university students but also professionals looking to upskill themselves. IFI, an initiative to foster fintech education in partnerships with Indian and international institutes
The government may set up a dedicated national green bank to bridge the finding gap in the renewable energy sector, and fast-track the green transition. The Niti Aayog is examining the possible structures for a National Green Financing Institution. The model of National Bank for Financing Infrastructure and Development or National Bank for Agriculture and
Group Rhine, a leading energy solutions provider, and Australian modular infrastructure pioneer XCircle have announced the launch of their 50:50 joint venture, Rhine XCircle. This strategic partnership merges Group Rhine’s expertise in power distribution and smart metering with XCircle’s advanced modular data center technology to create scalable, efficient, and sustainable solutions for the growing digital
Schneider Electric, a global leader in energy management and automation, is ramping up its operations in India with a Rs 3,200-crore investment. The company plans to set up new manufacturing plants in Kolkata and Hyderabad while expanding capacity at its existing facilities. ALSO READUK FTA must ease non-tariff barriers on Indian whiskey: Industry Speaking to
Adani Green Energy (AGEL) on Tuesday said it has received the letter of award (LOA) from Uttar Pradesh Power Corporation (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects (PSP). The project, Panaura PSP, has a minimum commitment for 40 years. It will be located in the Sonbhadra district, Uttar Pradesh and
