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SBI General Insurance settles Rs 1.06 croreclaim for NSDMA under parametric insurance model

SBI General Insurance settles Rs 1.06 croreclaim for NSDMA under parametric insurance model

SBI General Insurance has disbursed ₹1.06 crore to the Nagaland State Disaster Management Authority (NSDMA) under its Disaster Risk Transfer Parametric Insurance Solutions (DRTPIS). This marks the first claim settlement under the initiative, aimed at providing swift financial relief based on weather parameters without requiring individual claim processing. The settlement covers excess rainfall during Phase-1 (Monsoon season) under the risk policy period, ensuring timely financial assistance. The initiative follows the Memorandum of Understanding (MoU) signed between SBI General Insurance and NSDMA in August 2024, establishing a three-year partnership with key reinsurers—GIC Re, Munich Re, Hannover Re, and SCOR. Naveen Chandra…
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Eid was observed solemnly in Hojai District

Eid was observed solemnly in Hojai District

Hojai District observed Eid-ul-Fitr with seriousness, much like the rest of the globe. Notably, Eid-ul-Fitr ushers in the month of Shawwal and signifies the conclusion of the Islamic month of Ramadan's fasting period. At Hojai Eidgah Maidan, Nilbagan Eidgah Maidan, Daboka Eidgah Maidan, Udali, Jugijaan, Murajhar, Gopal Nagar, Kapasbari, Lanka, and Lumding, thousands of Muslims participated in the Eid-ul-Fitr celebration. Eid Ul-Fitr is not just a time for Muslims to break their fast; it also marks the achievement of religious virtue and communion with the holy spirit, which is marked by self-discipline, sacrifice, and charitable deeds. On the first day…
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Gold prices jump record highs

Gold prices jump record highs

Gold prices hit a new all-time high in Vietnam on Monday morning, as global rates also peaked.The price of a gold bar from Saigon Jewellery Company rose 0.8% to VND101.5 million (US$3,968.72) per tael. One tael is equivalent to 37.5 grams or 1.2 ounces.The price of a gold ring rose 1.2% to VND101.6 million per tael, also a historic peak.Globally, gold hit an all-time high on Monday, surpassing the $3,100 mark, as investors turned to the safe-haven asset amid concerns that US President Donald Trump's tariff plans would spark a global trade war and economic downturn, Reuters reported.Spot gold rose…
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South Africa Implements Stricter Anti-Poaching Measures

South Africa Implements Stricter Anti-Poaching Measures

South Africa has introduced stricter anti-poaching laws to combat the illegal wildlife trade. The government is increasing the use of drones and surveillance cameras across national parks. Additionally, local communities are being engaged through employment and awareness programs. Conservationists have welcomed the initiative, hoping it will help protect endangered species such as rhinos and elephants.
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Pioneer Corporation begins manufacturing in-car products in India

Pioneer Corporation begins manufacturing in-car products in India

Pioneer Corporation announced that it has begun manufacturing in-car products in India in 2026. Following the establishment of an R&D center in the country in 2023, this strategic initiative will further enhance the Pioneer Group’s presence and position in India, where the automotive industry has been enjoying outstanding growth annually. Under the corporate vision of “Creating the Future of Mobility Experiences,” Pioneer has been stepping up its efforts to transform itself into a solutions company.  Furthermore, the company has been taking steps toward becoming a major player in the global arena, including bringing in executives and industry veterans from outside…
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UK Announces New Renewable Energy Initiative

UK Announces New Renewable Energy Initiative

The UK government has unveiled a new renewable energy initiative aiming to significantly reduce carbon emissions by 2035. The plan involves expanding offshore wind farms, solar energy projects, and developing more energy storage facilities. Officials say the project will create thousands of jobs and support the country’s transition to clean energy. The initiative is part of the UK’s commitment to achieving net-zero emissions by 2050.
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JICA extends ₹209 crore loan to boost Assam’s fisheries sector

JICA extends ₹209 crore loan to boost Assam’s fisheries sector

The Japan International Cooperation Agency (JICA) has signed an agreement to provide an Official Development Assistance (ODA) loan of ₹209 crores for the Assam State Aquaculture Promotion and Livelihood Improvement Project. The initiative aims to enhance aquaculture production, strengthen fisheries infrastructure, and uplift the livelihoods of fish farmers in the state. The agreement was signed between Ms. Manisha Sinha, Additional Secretary, Department of Economic Affairs, Ministry of Finance, and Mr. TAKEUCHI Takuro, Chief Representative of JICA India. Speaking on the occasion, Mr. Takuro said, “The fisheries sector in India is crucial for food security, employment, and economic growth. This project…
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Sikkim authorities penalize passengers for urinating near Atal Setu

Sikkim authorities penalize passengers for urinating near Atal Setu

Several travellers were penalized for public urination near Atal Setu in Sikkim as part of a strict cleanliness drive by the Rangpo Nagar Panchayat (RNP). The bus driver of their vehicle was also fined for failing to inform passengers about Swachh Bharat Abhiyan guidelines and the availability of public restrooms. According to officials, the incident occurred on Sunday morning, when a passenger bus stopped near Atal Setu. Instead of using designated public washrooms, some travellers relieved themselves in an open area, prompting immediate action from the RNP inspection team. Authorities emphasized that public nuisance is strictly prohibited, and penalties will…
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Centre, UP boost skill development; ₹60,000 cr ITI upgrade plan in focus

Centre, UP boost skill development; ₹60,000 cr ITI upgrade plan in focus

The Central and Uttar Pradesh governments have reinforced their collaboration in skill development, with a special focus on the ₹60,000 crore National ITI Upgradation Scheme. The initiative aims to modernize 1,000 Industrial Training Institutes (ITIs) across India, enhancing employability and meeting industry demands. Shri Jayant Chaudhary, Union Minister of Skill Development & Entrepreneurship (I/C), met with Shri Kapil Dev Agrawal, Uttar Pradesh’s Skill Development Minister, at Kaushal Bhawan, New Delhi, to discuss the seamless execution of key programs like PMKVY, PM Vishwakarma, and the National Apprenticeship Promotion Scheme (NAPS). Officials highlighted that Uttar Pradesh has trained over 24.73 lakh individuals…
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At Dima Hasao, DHAC Debolal Gorlosa opened the Government Model Degree College

At Dima Hasao, DHAC Debolal Gorlosa opened the Government Model Degree College

Debolal Gorlosa, the chief executive member of the Dima Hasao Autonomous Council, opened the Eklavya Model Residential School (EMRS) in Ardaopur, Hatikhali, and the Government Model Degree College in Dibolong, Dima Hasao. On his Facebook page, CEM Gorlosa wrote: "We are incredibly proud and happy to be here to witness the opening of two institutions: the Eklavya Model Residential School (EMRS) in Ardaopur, Hatikhali, and the Government Model Degree College in Dibolong, Dima Hasao. Today is about more than just the opening of physical buildings; it's about creating the groundwork for a better future in which education will be a…
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