Mahindra Financial Services has received a corporate agency license from IRDAI (Insurance Regulatory and Development Authority of India) to offer specialized insurance plans, the company informed the exchange in a filing on Wednesday.
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
Under the proposed plan, renewable energy sources are slated to account for a significant portion, with an expected surge to 46 per cent of the total energy mix within the next decade. This surge in capacity, estimated to rise from 42,000MW to 57,000MW, underscores the government's commitmen
"It is important to recognize what makes private capital reticent, what can be done to minimize and mitigate the risks, including regulatory risks, so that they can contribute to climate finance", said Singh.
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
Adani Energy Solutions Ltd (AESL), which is into power transmission and distribution, has acquired 100 per cent stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an enterprise value of Rs 1,900 crores.
Sitharaman also referred to the growing interest of both domestic and foreign investors in Indian stock markets and noted the significant increase in retail in demat accounts from 2 crore to 15.1 crore, with 3.6 crore added in just the past year.
New Delhi [India], May 14: Lares Algotech has achieved a significant milestone. The company got its National Stock Exchange of India (NSE) membership and obtained SEBI's registration INZ000316732. With a decade of market presence, Lares solidified its credibility and successfully obtained re
Power plants are increasingly turning to long-term coal imports, taking advantage of a market with ample liquidity and availability. This shift came after the National Electric Power Regulatory Authority (NEPRA) streamlined spot imports through procurement guidelines, leading to a significan
According to a press release, supported by The Global Energy Alliance for People and Planet (GEAPP), this project represents a leap toward sustainable energy infrastructure in the country.