Blog - Page 192 of 198

28 Feb

MOU: Renewal of the Bilateral Swap Arrangement between Japan and India

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Both authorities can swap their local currencies in exchange for the US Dollar New Delhi: Japan and India renewed the Bilateral Swap Arrangement (BSA) effective today (Feb. 28, 2025). The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Reserve Bank of India signed the second Amendment and Restatement Agreement of the BSA. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar. The size of the BSA remains unchanged, that is, up to 75 billion US Dollars. Japan and India believe that the BSA,…

28 Feb

National Stock Exchange of India (NSE) and Government of Goa Join

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Hands to Launch ‘Student Skilling Program’ in BFSI Sector Goa: The National Stock Exchange of India (NSE) and the Government of Goa have joined forces to launch the ‘Student Skilling Program’ aiming to equip the youth of Goa with industry relevant skills in Banking, Financial Services, and Insurance (BFSI) sector. A Memorandum of Understanding (MoU) has been signed between the two entities, marking a significant step towards empowering young individuals with industry-relevant skills and enhancing their employability in the BFSI sector. Goa is the 5th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth. The…

27 Feb

PUNJAB’s NEW EXCISE POLICY 2025-26 GENERATE EXCISE REVENUE OF RS. 11020 CRORES, CABINET APPROVES

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NEW POLICY AIMS TO GENERATE EXCISE REVENUE OF RS. 11020 CRORES WITH AN INCREASE OF 8.61% AS COMPARED TO LAST YEAR Chandigarh: The Punjab Cabinet led by the Chief Minister Bhagwant Singh Mann gave nod to the Excise policy 2025-26 which aims to collect excise revenue of Rs. 11020 crores during the financial year 2025-26, projecting an increase of Rs. 874.05 crores (8.61%) over the previous financial year’s targets. A decision to this effect was taken by the Council of Ministers in a meeting held under the chairmanship of the Chief Minister here at his official residence today. Disclosing this…

27 Feb

EPFO: Rationalization of Validations and Partial Withdrawals through simplified processes

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EPFO reaffirmed its commitment to digital transformation and faster claim settlements and pension disbursements New Delhi: With the goal of providing ease of living for its members, EPFO is working on a plan for simplification of claim processing, including rationalization of validations for partial withdrawals. EC was also provided an update on the progress. A technical committee has recommended simplification of validations in Form 31 for advance withdrawals. EC decided that the reduction in unnecessary validations and the implementation of simplified partial withdrawals should be carried out in parallel with ongoing IT reforms. It was emphasized that these measures would significantly enhance…

27 Feb

Anant Ambani’s Vantara Wins Prestigious National ‘Prani Mitra’ Award for Excellence in Animal Welfare

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Vantara’s state-of-the-art Elephant Care Centre, which provides a chain-free, secure, and enriching environment for over 240 rescued elephants Jamnagar (Gujarat): Anant Ambani’s Vantara has been conferred with the prestigious ‘Prani Mitra’ National Award, India’s highest honour in animal welfare, by the Government of India under the 'Corporate' category. The award recognizes the exceptional contributions of Radhe Krishna Temple Elephant Welfare Trust (RKTEWT), an organization under Vantara dedicated to the rescue, treatment, and lifelong care of elephants. At the core of this recognition is Vantara’s state-of-the-art Elephant Care Centre, which provides a chain-free, secure, and enriching environment for over 240 rescued…

27 Feb

Swaraj in increasing women representation – growing from just 1.5% in 2013 to over 10% in 2024

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Udaiti Foundation Highlights Transformative Progress in Gender Diversity at Swaraj Tractors and Swaraj Engines Mohali: The Udaiti Foundation has released a study showcasing the remarkable strides made by Mahindra’s Swaraj Division and Swaraj Engines Limited (Swaraj) in fostering gender diversity on shop floors. The study highlights the efforts of Swaraj in increasing women representation - growing from just 1.5% in 2013 to over 10% in 2024, thereby setting a benchmark for India’s tractor manufacturing sector. Women employees have lower absenteeism and higher retention rates, contributing to enhanced productivity and operational efficiency, hence making a strong case for their inclusion in the…

27 Feb

Bajaj Allianz Life Becomes the First Insurer to Go Live with Bima-ASBA Facility

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This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) Chandigarh: Bajaj Allianz Life, one of India’s leading private life insurers, has become the first insurer to go live with the BIMA- Application Supported by Blocked Amount facility (Bima-ASBA). This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) initiative to bring operational ease, enhance policyholder convenience, ensure greater transparency, and simplify the insurance premium payment process. Bima-ASBA is a significant step forward in making premium payments smoother and customer friendly. Under this IRDAI initiative, policyholders can opt for UPI’s One-Time Mandate (OTM) and…

27 Feb

Axis Bank felicitates the winners of SPLASH

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A pan-India competition for Art, Craft and Literature in Axis House, Mumbai · Six winners have been felicitated with scholarships of Rs. 1 lakh each and runners-up with Rs. 50 thousand each. · The competition witnessed overwhelming participation with over 9 lakh entries from all over the country Chandigarh: Axis Bank, one of the largest private sector banks in India, felicitated the national winners of SPLASH, an annual Pan-India competition on Art, Craft, and Literature for children in the age group of 7-14 years. The winners were felicitated by senior Axis Bank officials – Amitabh Chaudhry, MD&CEO; Rajiv Anand, Deputy…

26 Feb

Atmanirbhar Investor: CDSL IPF conducts Investment Awareness Program for Students

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Program focused on promoting financial literacy and empowered investors to make informed decisions regarding their investments in capital markets Mohali: CDSL Investor Protection Fund (CDSL IPF) organized an investment awareness program for students in Jhanjeri, Chandigarh. The initiative was organized in Chandigarh Group of Colleges, Jhanjeri, Chandigarh. The program focused on promoting financial literacy and empowered investors to make informed decisions regarding their investments in capital markets, while also delving into the core principles of investing. Committed to spreading financial literacy, CDSL IPF will continue to deliver more investor awareness programs nationwide this year. To ensure the initiative covered a wide audience, the…

26 Feb

Pharmazz, Inc. showcased the groundbreaking potential of its lead drug, Sovateltide

MFNewsBrands, Breaking News, Business, Health, Insurance, Opinions, Technology#Sovateltide #Pharmazz #StrokeTreatment #Neuropharmacology #CriticalCare #DrugDiscovery #NIPERMohali #ProfAnilGulati #BrainHealth

#Sovateltide #Pharmazz #StrokeTreatment #Neuropharmacology #CriticalCare #DrugDiscovery #NIPERMohali #ProfAnilGulati #BrainHealth Mohali: In a landmark event highlighting the future of neurotherapeutics, Pharmazz, Inc., a biopharmaceutical company focused on critical care, showcased the discovery and clinical success of its novel stroke treatment drug, Sovateltide, at a two-day workshop organized by the Department of Pharmacology and Toxicology, NIPER, SAS Nagar (Mohali). The workshop, titled “Drug Discovery and Development in New Millennium - 4 (D3NM-4),” brought together leading researchers, students, and pharmaceutical professionals under the theme “Interfacing with Emerging Neuroprotective Strategies & Neuropharmacological Techniques.” Delivering the keynote address was Prof. Anil Gulati, Founder and CEO…