WILD LIFE AMENDMENT BILL

Budget 2024 insurance changes: The government is set to introduce a Bill proposing significant changes to the Insurance Act. This could include of composite licenses for the insurance companies that allows life insurers to offer health and general i...

The government is expected to introduce a bill amending the Insurance Act, 1938, during the upcoming Budget session, aiming for 'Insurance for All by 2047'. The proposed amendments may include a composite license, differential capital regulations, r...

Chief Minister M K Stalin announced the implementation of the Tamil Nadu Prohibition Amendment Act, 2024, aimed at addressing the serious issue of illicit liquor. Following the tragic incident in Kallakurichi where over 60 deaths occurred due to met...

The ruling DMK amended the Tamil Nadu Prohibition Act, 1937, on Saturday to significantly increase the punishment and fines for offences related to the manufacture, possession, and sale of illicit liquor in a bid to safeguard lives. The Tamil Nadu P...

Canada has introduced new legislation, Bill C-71, to facilitate citizenship by descent. The bill aims to automatically grant Canadian citizenship to individuals born abroad to Canadian parents and extends eligibility for direct citizenship to adopte...

Liquid and money market funds have outperformed the one-year fixed deposit rate of 6.8%. Liquid funds yielded 7.13% returns, while money market funds delivered 7.15% over the past year.

The plunge to 160 per dollar immediately filled news reports and social media across Japan. “We can’t let our guard down,” Iguchi called repeatedly as trading ensued. Other so-called red-line levels — 155 and 158 — had fallen with no pushback. Some ...

While more aggressive than most, TikTok's extensive lobbying campaign is the latest attempt by the tech industry to head off any new legislation - and it's a fight the industry usually wins.

U.S. Congress passed a $1.2 trillion budget bill to avert a shutdown, excluding military aid. Business Roundtable supports enhancing tax breaks. Marjorie Taylor Greene threatens Speaker. Bill allocates $886 billion for Defense Department, praised by...

The U.S. Congress passed a $1.2 trillion budget bill to fund the government through Sept. 30, 2022, averting a shutdown. The bill did not include military aid for Ukraine, Taiwan, or Israel. Despite deep partisan divides, the bill received bipartisa...

A high-level committee on simultaneous elections in India has proposed 18 amendments to the Constitution and other statutes to implement the proposal. The panel, led by former president Ram Nath Kovind, recommends simultaneous elections to the Lok S...

Congress president Mallikarjun Kharge urged the government to ensure proper scrutiny of legislative bills by parliamentary panels, emphasizing the need to avoid enacting laws in haste. Kharge, in his farewell speech to retiring Rajya Sabha members, ...

The amendments to the IT rules are likely to mandate that GenAI platforms which use artificially intelligent algorithms or language models to train their machines are free from “bias” of any kind.

The revised Bharatiya Nyaya Sanhita Bill, 2023 (BNS) has modified Section 113, aligning it with the Unlawful Activities (Prevention) Act, 1967, broadening the definition of a 'terrorist act' to include threats to economic security and monetary stabi...

Members of the Rajya Sabha, the Upper House of Parliament in India, have shown support for a bill that aims to provide 33% reservation for women in the Lower House of Parliament and state assemblies. Some opposition members have criticized the move ...

The Indian government aims to boost ease of doing business rankings in the country and decriminalise 183 provisions in 42 legislations including colonial-era laws to make doing business easier. The Jan Vishwas Bill proposes rationalisation of moneta...

The second environmental bill - the Forest Conservation (Amendment) Bill, 2023 - is expected to spark a bigger political debate. Both bills had to be referred to the joint committee of Parliament amid Opposition objections. In the case of the latter...

The objective of this exercise is to simplify and remove references to outdated provisions. While the industry was looking for major reforms, including composite license, lower capital requirement, captive insurance license and risk-based pricing, t...

The proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of India (IRDAI) considering the size and scale of operations, class or sub-class of insurance business and the categ...