Guidelines Financial News
31.10 / 09:19
Cooper
Citizens
Maxim
country
reports
guidelines
Health insurance, term plans in India gain popularity among NRIs
health insurance for themselves or their dependents in India. According to a PolicyBazaar report, among NRIs, those from Gulf nations like the UAE, Saudi Arabia, Qatar, Oman, and Kuwait constitute the largest percentage of health insurance buyers, at 58%, followed by the USA/Canada (14%), the UK (8%), and Australia (6%). Think you check all the immigration boxes? Find out The appeal lies in the lower cost of health insurance in India compared to other countries, making it a viable choice for those residing abroad. Family floater health insurance plans are the preferred choice among NRIs, accounting for 40% of purchases. A significant portion of these policies (25%) is bought for parents or senior citizens residing in India. To maximize their health insurance benefits, NRIs opt for high-sum insured plans, especially crucial for severe illnesses or costly medical conditions. At least one-fourth of NRIs choose coverage of more than Rs 1 crore, while 34% opt for a sum insured between Rs 25 lacs to Rs 1 crore. Over half of the buyers opt for multi-year policies to take advantage of premium discounts. This not only locks in the premium for the chosen period but also guards against medical inflation or changes in premiums due to increasing age.
31.10 / 05:17
Provident
Aware
CEO
Platform
Gap
information
guidelines
etmarkets
ETMarkets launches Crypto Corner in collaboration with Mudrex
We at ET Markets have always remained at the cutting edge of all new investment opportunities and explore them to guide and help our readers profit from it. With the introduction of ETMarkets Crypto Corner, presented in collaboration with Mudrex, we are embarking on a journey to uncover the complexities of this technology-driven investment landscape and shed light on the potential risks involved. Our mission is to carefully document every aspect of the cryptocurrency journey, promoting awareness while providing essential guidance on the regulatory landscape and upcoming norms. «As India experiences a surge in cryptocurrency adoption, accompanied by emerging regulatory guidelines, our commitment is to bridge the knowledge gap. Being the leading player in the market, Mudrex envisions creating a comprehensive resource that serves crypto investors and enthusiasts. Collaborating with ETMarkets is a crucial step towards empowering all investors to build confidence in the asset class and make informed decisions,» said Edul Patel, CEO and Co-founder of Mudrex. Alankar Saxena, CTO and Co-founder of Mudrex, said, «In the dynamic world of cryptocurrencies, Mudrex is committed to equipping investors with invaluable financial insights and user-friendly technology. Thus breaking down barriers and ensuring accessibility for all. Our collaboration with ETMarkets aligns with this mission. Together, we are dedicated to shaping a future where everyone can confidently navigate the crypto landscape and make the right investing choices with ease.»
30.10 / 18:37
Provident
Target
Strategy
Bill
cover
consequences
guidelines
World Thrift Day 2023: How can you ensure more savings regularly? Here are 6 ways
The decline in net financial savings among Indian households has raised concerns for the government, as it may restrict the availability of funds for crucial capital investments. These investments play a pivotal role in fostering economic growth by generating new job opportunities and supporting the establishment of businesses.
30.10 / 15:57
Twitter
Man
social
guidelines
NOT
You might not eat paneer after seeing this picture
Paneer is one of the favourite foods in India, both for vegetarians and even non-vegetarians. Being one of the most important sources of protein, it invariably finds its way into people's thali almost every day. However, a picture is doing the rounds on the internet, which might put you off, and you may think twice before buying non-branded paneer, which is available from local shops without any packaging. In the viral picture, a man in a lungi is seen sitting on a pile of paneer, which is otherwise known as Indian cottage cheese. The picture has the text «KanpurUP.However, the exact origin of the picture is not known. »Never buying non branded paneer after seeing this," wrote a Twitter user, Azhar Jafri, who shared the picture on the social network. The post has gotten over 60,000 views. Commenting on the post, one user wondered, «What if this paneer is packed/branded and sold?» Jafri, however, insisted that branded paneer is mostly safe.
30.10 / 12:41
Provident
guidelines
pension
National Pension System: New rule allows monthly withdrawal till age 75 without buying an annuity
National Pension System Systematic Lump Sum Withdrawal Rule 2023: The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular providing the facility of Systematic Lump Sum Withdrawal (SLW) for National Pension System (NPS) subscribers.
29.10 / 19:27
Target
Enterprise
performer
2020
reports
Department
guidelines
Govt may ask PSUs to pay higher dividends
NEW DELHI : The government may demand higher dividend payouts from state-run companies should it miss revenue targets because of sluggish tax collections or lower-than-expected asset sale proceeds, two people familiar with the matter said. It may also seek special dividends from state-run oil companies, which have reported bumper profits because of soaring crude prices, one of the two people said. However, the plans will depend on the movement of crude oil prices in the coming months and the profitability of these firms.
29.10 / 12:21
Citi
Waters
Pool
cover
reports
guidelines
BMC may cut over 3,000 trees for swimming pool amid worsening air quality
Mumbai to make space for Olympic-size swimming pool and sports complex, reported TOI. Brihanmumbai Municipal Corporation (BMC), India's richest municipality has given time till Monday to raise objections on the said project.
29.10 / 12:09
Healthcare
cover
hospital
recommendations
patient
guidelines
strain
The rise of C-sections reflects a booming birth business
₹5,000 crore. This assumes that only 17% of all such deliveries are medically necessary, with the rest adding up to extra costs. It takes into account the costs of C-sections indicated in the National Sample Survey 75th round for 2017-18 (i.e., ₹16,475 higher than a natural childbirths in rural areas and ₹19,548 higher in urban settings).
28.10 / 18:05
Action
Strategy
innovations
reports
testing
Department
guidelines
executive order
Joe Biden to sign executive order regulating Federal AI use
Joe Biden will sign a wide-ranging, comprehensive executive order that governs federal agencies’ use of artificial intelligence, according to a draft copy obtained by Bloomberg, marking his most significant step to date to address the emerging technology’s risks. The 111-page draft copy, dated October 23, leverages the government’s position as a top customer for tech companies such as Microsoft Corp and Amazon.com to drive changes in their AI products, by requiring developers of powerful AI systems to report their training and testing processes to the federal government. The order, expected to be released on Monday, comes as a mix of fear and excitement over AI’s rapid advancement has catapulted the technology into the spotlight. With the explosion of generative AI — large language models that can produce text, visuals, and audio almost instantly — Americans have tools at their fingertips to write speeches, plan meals, and speed up research, among other applications.
28.10 / 15:13
Provident
Digital
SEC
Action
coinbase
recommendations
guidelines
Coinbase Calls for Judicial Intervention on SEC's Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has taken a step towards resolving the ongoing regulatory ambiguity surrounding digital assets. On October 13, 2023, Grewal filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging the court to issue a mandamus order. This legal move seeks to compel the Securities and Exchange Commission (SEC) to act on Coinbase’s rulemaking petition within a span of 30 days. The move underscores the growing impatience and concern within Coinbase and the broader digital asset community towards the SEC's perceived bureaucratic dalliance in clarifying the application of securities laws to digital assets.
28.10 / 12:07
Waters
show
recommendations
guidelines
Lunar Eclipse 2023: Why temples are closed during eclipses and other dos and don'ts
According to astrologer Parduman Suri, the Sutak period begins exactly nine hours before the eclipse, and during this period, it is advisable to abstain from any form of worship to avoid the influence of negative powers. Pregnant women, in particular, are urged to be cautious during this time. Also, as per Hindu tradition, people add basil leaves to the family's food and avoid eating during the eclipse period. People also avoid participating in bhajan and kirtan during the Sutak period. After the eclipse ends, as per tradition, it is recommended to take a bath before consuming food. It is also believed that one should avoid touching the Tulsi plant during the Sutak period. For purification, after the lunar eclipse is over, wear clean clothes after your morning bath and sanctify your home temple and idols with Ganga water. Eating food during an eclipse is believed to disturb the body's energy and chakras. On the day of a lunar eclipse, you can opt for light and healthy foods like raw fruits, coconut water, and anti-inflammatory items.
27.10 / 19:14
Discover
track
audience
guidelines
Gannett denies that its marketing partner used artificial intelligence for its shopping website
The media company Gannett denied that it published material created by artificial intelligence on a shopping website that it owns
27.10 / 18:49
Aware
Action
Airlines
Parke
country
information
guidelines
Adani Group introduces charges for private jets
₹ 1,000 for every passenger on private aircraft operators for a week, one of the people said on condition of anonymity. The Adani Group operates seven airports in the country, including Mumbai, and the new charge has been introduced at six of its airports—Guwahati, Mangaluru, Jaipur, Lucknow, Thiruvananthapuram and Ahmedabad. The company handled around 7.1 million passengers during September, or nearly 23.7% of air passengers in India.
27.10 / 16:05
27.10 / 11:23
Progressive
Mobile
Align
exclusive
innovations
information
guidelines
AU Small Finance Bank introduces its first Green Fixed Deposit; all you need to know
investment of just ₹5,000. This innovative opportunity enables both existing and new customers of AU Small Finance Bank to effortlessly secure their Green Fixed Deposit via Video Banking, the AU 0101 App, NetBanking, or by visiting their nearest AU Small Finance Bank branch.
27.10 / 11:23
Provident
Manufacturing
Mobile
Align
WhatsApp
Healthcare
guidelines
Optiemus Infracom to make drones in India for local, global markets
₹25 crore through its new division, Optiemus Unmanned Systems (OUS), to develop and manufacture high-precision drones locally. The drones, unveiled at India Mobile Congress 2023, are equipped with state-of-the-art features such as advanced sensors, secure communication systems, and robust safety measures. This move aligns with the Indian government's "Make in India" push and Prime Minister Narendra Modi's Atmanirbhar Bharat agenda to promote domestically designed and produced goods.
27.10 / 10:47
Provident
Platform
Bill
guidelines
Crypto regulation takes shape in Taiwan
Taiwan has introduced its first steps toward crypto regulation by proposing a Virtual Asset Management Ordinance Draft bill, which has passed its first hearing at Taiwan’s parliament, the Legislative Yuan. The bill was co-authored by 17 lawmakers who believe that crypto assets are distinct from traditional financial products and warrant special regulations. The goal of the bill is to introduce a regulatory framework and create oversight over the crypto industry. While Taiwan’s Financial Supervisory Commission (FSC) had previously released guidelines for the crypto sector, the proposed bill would provide legal enforceability for crypto businesses that the FSC’s guidelines were lacking. At the moment, Taiwanese virtual asset service providers need to comply with anti-money laundering laws, yet the crypto industry remains largely unregulated. The proposed bill would upheave this by setting operational standards for asset operators, enhancing customer protection, and requiring all cryptocurrency platforms operating in Taiwan to obtain a permit. While this first iteration of the proposed bill would require operators of exchanges to allow regulators, such as the FSC, to regularly inspect their systems, it currently does not take a strong position on derivatives or stablecoins, restrict trading of virtual assets to professional investors or explicitly mandate the use of third-party custodians. An exact timeline for the second reading of the bill has not been outlined, but the FSC is expected to add its own submissions to the draft before the next reading.
27.10 / 10:41
Target
Google
Discover
show
information
testing
guidelines
Bug Bounty
Google expands bug bounty programme specific to genAI attacks
generative AI continue to mount, Google has announced an expansion of its bug bounty programme or Vulnerability Rewards Programme (VRP) targeted at AI-specific threats. «Today, we're expanding our VRP to reward for attack scenarios specific to generative AI. We believe this will incentivise research around AI safety and security, and bring potential issues to light that will ultimately make AI safer for everyone,» Google said in a blogpost on Thursday.
27.10 / 10:41
Ethereum
Provident
regulation
Platform
Bill
guidelines
Taiwan introduces crypto bill to parliament
On Oct. 25, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan. The bill aims to provide “better protection” for customers and “properly supervise” the industry.
27.10 / 07:39
Provident
Booking
LTC
ATA
travelers
Department
guidelines
7th Pay Commission: Modified LTC air ticket booking rules for Central Govt Employees
The Department of Personnel and Training (DoPT) has modified instructions for booking air tickets on the Government account in respect of Leave Travel Concession (LTC).
27.10 / 07:39
Action
Remark
show
information
reports
guidelines
Chhattisgarh elections 2023: Poll body notice to Assam CM Himanta Biswa Sarma for ‘Akbar’ comment
The Election Commission of India (ECI) issued a show cause notice to Assam Chief Minister Himanta Biswa Sarma on Thursday for his ‘Akbar’ remark during the Chhattisgarh poll campaign, calling it “communally charged”.
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