The Reserve Bank of India vide circular dated September 28, 2021 has allowed use of any Alternative reference rate in place of LIBOR for interest payable in respect of export / import transactions. In view of the impending cessation of LIBOR as a benchmark rate, it has been decided to permit AD banks to use any other widely accepted/Alternative reference rate in the currency concerned for such transactions.
The 129th meeting of the IRDAI marks a significant moment in the evolution of the Indian insurance industry. With a focus on reinsurance, future-ready initiatives,
Madhya Pradesh revises Variable Dearness Allowance and minimum wages for scheduled employment, effective from October 1, 2024 after CPI increase and court order
Madhya Pradesh introduces new guidelines to address inefficiencies in Building and Other Construction Workers Welfare Cess assessment and recovery process.
The government extends PMFBY and RWBCIS with Rs. 69,515 crore funding, enhancing farmer insurance support and addressing grievances for smoother implementation
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