500 Drones, 210 Minutes, 4 Indian States, 24 Cities: Defence
Pakistan launched drones into the Indian territory on May 8 night, which were shot down by India’s air defence system. Source
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Author: admin
IRDAI starts action on 8 insurers over health portfolio lapses;
ICICI Lombard said IRDAI had issued various regulatory prescriptions in the past year, including master circulars. New India Assurance said IRDAI has the right to inspect all insurers. Source
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Loan against assets: FD, gold or stock-backed? All about it
Lenders typically offer loans worth up to 90% of your FD amount. Even borrowers with poor credit history can avail these loans. Interest rates on FD-backed loans can vary from one lender to another, but are generally cheaper than personal loans. Source
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Heather Garriock Named Interim CEO OF Football Australia As James
Johnson informed FA’s board of his decision to leave the job, after over five years at the helm, but will stay on for a period of time to support the transition to a new CEO. Source
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TDP MP stirs row, promises ₹50,000 for every third girl
TDP MP K Appala Naidu sparked controversy by announcing ₹50,000 for third-born girls and a cow and calf for boys to boost population growth. TDP distanced itself from his remarks. Meanwhile, CM Chandrababu Naidu proposed a three-child rule for local body elections, citing concerns over Andhra Pradesh’s declining birth rate. Source
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FSSAI sounds alarm on false disclosures: Zero tolerance for inaccurate
FSSAI warns Food Business Operators of zero tolerance for false Annual Returns, urging strict compliance and timely corrections to avoid penalties. Source
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PFC clarifies on ₹307 crore exposure to Gensol Engineering; stock
PFC said that it had to invoke the Debt Service Reserve Account (DSRA) to clear dues owed by Gensol Engineerig in February and March. Source
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‘ChatGPT Boosts My Productivity’: Narayana Murthy Sees AI As An
Infosys founder NR Narayana Murthy sees AI driving growth in India’s IT sector, dismissing job loss fears and highlighting AI’s potential to create new job types. Source
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Rupee rises 17 paise to 85
Rupee trades in volatile range as market awaits U.S.-India trade deal clarity, appreciating 17 paise to 85.56. Source
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FM Sitharaman lauds Meghalaya’s Self-Help Group ecosystem
The Union minister lauded the role of women-led SHGs in not only improving livelihoods but also significantly reducing Meghalaya’s Maternal Mortality Rate (MMR) and fostering women’s empowerment. Read on: Source
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