December 17, 2025
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Finance Minister Nirmala Sitharaman on Tuesday introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in the Lok Sabha, marking a major overhaul of India’s insurance framework. The bill proposes sweeping amendments to the Insurance Act, 1938, the LIC Act, 1956, and the IRDAI Act, 1999, with the headline reform being the […]Continue Reading
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India has introduced legislation to overhaul its flagship rural employment programme by increasing guaranteed workdays from 100 to 125 per household annually, while proposing to remove Mahatma Gandhi’s name from the scheme. The government has allocated 860 billion rupees ($9.5 billion) for the programme in the current fiscal year ending March 2026, saying the reforms […]Continue Reading
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Russian President Vladimir Putin has signed a law ratifying the Reciprocal Exchange of Logistics Agreement (RELOS) with India, formally approving an intergovernmental framework to strengthen defence cooperation between the two countries. The agreement has been published on Russia’s official legal portal, marking an important step in deepening long-standing military ties. Continue Reading
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The Indian government has held road shows in London to gauge investor interest in a potential minority stake sale in state-owned General Insurance Corporation of India (GIC), according to two government sources. Officials from the Department of Investment and Public Asset Management (DIPAM) met global investors to seek feedback as New Delhi evaluates the timing […]Continue Reading
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Air quality in Delhi-NCR deteriorated sharply to the ‘severe’ category, prompting the Commission for Air Quality Management (CAQM) to enforce Stage-III measures under the Graded Response Action Plan (GRAP) on December 13. The capital’s 24-hour average Air Quality Index (AQI) rose from 349 on December 12 to 401 by Saturday morning, driven by slow wind […]Continue Reading
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Nippon India Large Cap Fund has entered the elite ₹50,000-crore assets under management (AUM) club, joining peers like ICICI Prudential Bluechip Fund and SBI Bluechip Fund. The milestone comes despite muted inflows into large-cap schemes recently, as investors booked profits after a strong market rally and liquidity tightened during the festive season. The fund continues Continue Reading
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