A Mumbai consumer commission has mandated Max Bupa to pay Rs 5 lakh to a family after ruling that the insurer’s rigid interpretation of policy terms unjustly denied a claim following the death from acute pancreatitis, highlighting growing judicial scrutiny…
The Jammu and Kashmir and Ladakh High Court’s recent ruling clarifies that tax authorities must follow due process when suspending input tax credits under Rule 86A, reinforcing procedural safeguards without undermining enforcement powers. The Jammu and Kashmir and Ladakh High…
India is rapidly rebuilding its navy and maritime infrastructure, leveraging its rich seafaring history to counter modern threats and protect vital trade routes in the Indian Ocean. India’s long coastline has always shaped its strategic imagination. In an essay on…
Mumbai police have arrested two men linked to a broader interstate cyber fraud network, seizing 161 SIM cards and uncovering a pattern of impersonation scams targeting companies through WhatsApp and other platforms. Mumbai police have arrested two men and seized…
The South Korean Investor Education Council has introduced ‘Pension Roadmap 360’, a digital guide transforming pension management by encouraging savers to view their retirement funds as active capital, with updates scheduled every Tuesday and Thursday. South Korea’s Investor Education Council…
Gold surged to its highest point since June, driven by unexpected US Treasury actions and a weakening dollar, with other precious metals also advancing significantly. Gold rose sharply on Wednesday to its highest level in more than two months and…
Officials in Rajasthan uncover a widespread scam involving duplicated crop insurance claims worth Rs 30 lakh, leading to FIRs against farmers and operators as the state intensifies efforts to root out irregularities under the PMFBY scheme. Rajasthan’s agriculture department says…
India’s securities regulator has swiftly responded to suspected abuses in the recently launched closing auction mechanism, suspending trading for a JPMorgan-linked entity and a domestic broker amid allegations of price distortion on its first day of heavy use. India’s market…
The Indian government introduces a disclosure scheme for small taxpayers to regularise overseas assets, seeking to enhance compliance without penalising genuine family remittances amid tightening scrutiny of foreign remittances. India’s income-tax authorities are right to tighten scrutiny of foreign remittances…
India’s mutual fund houses face new guidelines to ease inheritance claims, allowing reliance on recent addresses and flexible document verification, aiming to speed up process times and reduce procedural delays. India’s mutual fund houses have been told to make it…
