Insurance regulator IRDAI has given a big relief to the policyholders and made a big change in the rules of life insurance. Now the customer will get more refund if the policy is closed before maturity.
For this, the rules of special surrender value have come into effect from October 1. This will benefit the most to those people who return the policy within a year. Now their entire money will not be lost. At the same time, the policy sold in the wrong way can also be returned easily. The amount that the company returns on closing the insurance before maturity is called surrender value. It is decided on the basis of the total premium paid.
– Advertisement –
Rules for these policies
The new rule will be applicable only on endowment policies of life insurance. Endowment policy means a policy which has an element of savings along with insurance. With the implementation of the new rule, the margin of insurance companies in endowment policies will decrease. The new rule will not be applicable on ULIP and term insurance policies.
Premium required for one year
Earlier, if a policyholder used to close a life insurance policy after one year, then all the money paid as premium would be lost. With the new special surrender value rules, the policyholder will be entitled to get a refund even after returning the policy after the first year. However, for this, the policyholder will have to pay the premium for at least one year, only then he will be able to take advantage of this rule.
Surrender Period Sum Assured+Bonus Surrender Value Percentage of Premium
1 year 60,000 31,295 62.59%
2 years 1,20,000 67,284 67.28%
3 years 1,80,000 1,08,495 72.33%
4 years 2,40,000 1,55,510 77.76%
5 years 3,00,000 2,08,967 83.59%
7 years 4,20,000 3,38,083 96.60%
9 years 5,40,000 5,02,235 111.7%
(Note:(This calculation is based on a 10-year policy with an annual premium of Rs 50,000 and a bonus of Rs 10,000 on a sum assured of Rs 5 lakh. These are subject to change.)
Earlier this much money was returned
According to the old rules, there was no provision for refund of the premium amount paid on surrendering the policy after one year. On returning the policy after two years, 30% of the total premium paid was refunded. On returning the policy after three years, 35% was refunded, on returning the policy between four to seven years, 50% was refunded and on returning the policy two years before the maturity of the policy, 90% was refunded.
Related Articles:-
Public Holidays: Schools, colleges and banks will remain closed for three consecutive days
Pension: New update for pensioners, do this work or else the money will stop
Ration Card New Rules 2024: Ration cards of lakhs of people will be canceled, govt has issued new rules for Ration Card
Jennifer Salke, Head of Amazon MGM Studios and Kelly Day, VP of Prime Video International welcome on-screen stars at Trailblazers, behind-the-camera powerhouses and senior leadership of Prime Video to preview upcoming series and movies
Priyanka-Chopra Jonas, Octavia Spencer, Bryce Dallas Howard, Amy Pascal, Lindsey Weber and many more take part in a series of insightful discussions on stage at London’s South Bank Centre
LONDON–1 OCTOBER, 2024 – The inaugural Prime Video Presents: Trailblazers took place in London today, an event celebrating the women of Prime Video and Amazon MGM Studios. Hosted by Head of Amazon MGM Studios, Jennifer Salke and VP of Prime Video International, Kelly Day, the showcase featured guest appearances from actors Priyanka-Chopra Jonas, Octavia Spencer, Bryce Dallas Howard, directors Charlotte Brändström and Louise Hooper, and producers Amy Pascal, Sue Vertue and Lindsey Weber, at Queen Elizabeth Hall at London’s South Bank Centre.
Prime Video Trailblazers launch
Creative talent from in front of and behind the cameras joined Salke and Day for the event, in front of an audience of industry guests, as well as Prime Video female executives including heads of Amazon MGM Studios across the world and leaders of Prime Video nationally and pan-regionally. Anchored by broadcaster Clara Amfo, the event explored themes such as building global franchises, appealing to a younger generation and the rise of action heroines, in discussion with the stars of Prime Video’s biggest series and movies, including star of Citadel and upcoming movie Heads of StatePriyanka Chopra Jonas, actorOctavia Spencer, the cast and directors of The Lord of the Rings: The Rings of Power, and star of Deep Cover, Bryce Dallas Howard.The event also previewed forthcoming international series and movies including Italy’s Citadel: Diana, starring Matilda De Angelis; the UK’s The Devil’s Hour Season 2with Jessica Raine, Spain’s highly anticipated Culpa Tuya, starring Nicole Wallace; and the upcoming British adaptation My Fault: London, starring Asha Banks; as well as the all-female cast and creative team of La Virgen Roja, based onthe story of Hildegart Rodríguez; The Office Australia, starringFelicity Ward and Pimpinero: Blood and Oil, starring Laura Osma.
During the live showcase, Jennifer Salke commented: “We’ve had a mission to be a destination for women all around the world, and we’re starting to see progress with that” and Kelly Day added “we’ve expanded the storytelling so much for women, and it’s brought so many new customers to the service and ignited a lot of passion for our female viewers.”
As part of an on-stage fireside chat, Octavia Spencer said, “For me, there weren’t a lot of female executives. So, to see how vastly different the industry is, how many opportunities are made available to us, I think it’s imperative that we come into the industry with as much in our arsenal as we can give.”
Commenting on the upcoming Australian Original adaption of The Office, Felicity Ward told Clara Amfo “Ricky Gervais approved a female lead. He was very excited about a female lead” and on the importance of female commissioners, Laura Osma (Pimpinero: Blood and Oil) said “so many stories have been hidden for so long but now we can delve into them”.
Prime Video Trailblazers Priyanka Chopra Jones
During a fireside conversation with Jennifer Salke, on what the industry is getting right, Priyanka Chopra Jonas said “I was wanting to get out of the box and here with Amazon is where I got that, it takes huge courage to back local stories”
“As we look to grow Prime Video internationally, women will be central to driving that success,” added Kelly Day, VP Prime Video international. “From the millions of viewers globally, to the women running the Prime Video and Studios teams in Europe, Latin America, Asia-Pacific and the US, to the women starring in and delivering our biggest shows and movies, Prime Video is being shaped by trailblazing women.”
Prime Video Trailblazers reveals
The following announcements and reveals were made at Prime Video Presents: Trailblazers.
Greenlight: Today, Prime Video announced the expansion of the Reacher universe with a series order for spinoff The Untitled Neagley Project starring Maria Sten (Reacher, Swamp Thing). The series is created for television by co-showrunners and executive producers Nick Santora (Reacher,Prison Break, FUBAR) and Nicholas Wootton (Law & Order, Prison Break) and produced by Amazon MGM Studios, Skydance Television, and CBS Studios. The Untitled Neagley Project is set to premiere exclusively on Prime Video in more than 240 countries and territories worldwide. Frances Neagley is a private investigator in Chicago. When she learns that a beloved friend from her past has been killed in a suspicious accident, she becomes hell bent on justice. Using everything she’s learned from Jack Reacher and her time as a member of the 110 Special Investigators, Neagley puts herself on a dangerous path to uncover a menacing evil.
First-look clip: Citadel: Diana – An exclusive clip of the highly anticipated Italian series borne from the world of Citadel, executive produced by the Russo Brothers’ AGBO. Citadel: Diana stars Matilda De Angelis (The Undoing) as the central character. The clip sees Diana hunting her opponent in a high-octane action sequence set against the Cretto di Gibellina in Sicily, a stunning gigantic land artwork by Alberto Burri. De Angelis shot spectacular action sequences across the series, performing most of her stunts herself, following strength training, martial arts and intense choreography from acclaimed stunt coordinator, Emiliano Novelli. The series features approximately 850 stunts. Citadel: Diana will launch exclusively on Prime Video globally on 10th October.
First look images from new UK Original movie My Fault: London, launching in 2025.Following the global success of Spanish Original Movie Culpa Mia (My Fault) and based on the first book of Mercedes Ron’s bestselling Culpables trilogy, My Fault: London adapts the story of Nick and Noah and stars rising British talent Asha Banks (The Magic Flute) who was in attendance and Matthew Broome (The Buccaneers).
Trailer: Jessica Raine(Patrick Melrose, Informer) introduced the official trailer for the second season of UK Original psychological thriller, The Devil’s Hour. The second season will launch exclusively on Prime Video globally on 18th October. The series also stars Peter Capaldi (Doctor Who, The Thick of It),Nikesh Patel (Starstruck), Phil Dunster (Ted Lasso) with Saffron Hocking(Top Boy) joining the cast for Season 2.
Skills: Prime Video Pathway, the £10 million skills and training programme designed to open up access to careers in TV and film production in the UK, which launched in 2022, has seen 64% of all places available go to women, including 64% women on the National Film and Television School Craft Academy, which focuses on training in traditionally male-dominated departments such as Sound, Camera and Lighting.
Prime Video is a one-stop entertainment destination offering customers a vast collection of premium programming in one application available across thousands of devices. Central within the premium programming are the Amazon MGM Studios-produced TV series and movies, US and Global hits and locally-produced International Originals, alongside fan favourite exclusives such as 9 Perfect Strangers and Those About To Die Prime Video viewers can curate a bespoke programming selection on the service with dozens of add-on channel subscriptions available to expand their viewing options, whilst all Amazon customers can rent and buy titles including blockbusters and classic movies via the Prime Video Store, and can enjoy a selection of ad-supported programming.
-ENDS-
Media Contacts For all media enquiries relating to this announcement, please contact: Ffion Williams – Head of Brand PR, Prime Video EMEA – ffion@amazon.co.uk
Notes to Editors: Prime Video Presents: Trailblazers event celebrity guests and executive attendees:
About Prime Video Prime Video is a one-stop entertainment destination offering customers a vast collection of premium programming in one application available across thousands of devices. On Prime Video, customers can find their favourite movies, series, documentaries, and live sports – including Amazon MGM Studios-produced series and movies Road House, The Lord of the Rings: The Rings of Power, Fallout, Reacher, The Boys, and The Idea of You; UK produced Originals such as Clarkson’s Farm, The Rig, The Devil’s Hour, The Grand Tour and 007: Road To A Million, licensed fan favourites Nine Perfect Strangers and The Continental: From The World of John Wick; exclusive entertainment such as UEFA Champions League; and programming from Prime Video add-on subscriptions such as discovery+ Premium (incl. TNT Sport), Paramount +, hayu and Crunchyroll, as well as more than 450 free ad-supported (FAST) Channels globally. Prime Video is one benefit among many that provides savings, convenience, and entertainment as part of the Prime membership. All customers, regardless of whether they have a Prime membership or not, can rent or buy titles, including blockbusters such as Challengers and The Fall Guy via the Prime Video Store, and can enjoy content such as Jury Duty and Bosch: Legacy free with ads on Freevee. Customers can also go behind the scenes of their favourite movies and series with exclusive X-Ray access. For more info visit www.amazon.co.uk/primevideo.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon.
Indian e-commerce market poised to reach $325 billion in 2030: ReportIANS
The Indian e-commerce market is projected to reach an impressive $325 billion by 2030, according to a report by FICCI-Deloitte. This growth is propelled by robust rural demand and a compound annual growth rate (CAGR) of 21%. The retail sector, currently valued at $753 billion in FY23, is expected to post a 9.1% CAGR until FY27, the highest among large economies. Retailers are rapidly adapting to omnichannel strategies, tech-enabled experiential selling, and launching new private labels to cater to India’s price-sensitive yet aspirational consumers. The expansion of retail networks in tier 2 and 3 cities is expected to contribute significantly to this growth.
The report also highlights the role of increased smartphone penetration, internet access, and growing disposable incomes in fueling this expansion. Quick commerce, which focuses on the rapid delivery of essentials, has disrupted traditional supply chains and reshaped consumption patterns. The growth of the Indian e-commerce market is also being fueled by heightened competition from direct-to-consumer (D2C) brands, a rising focus on premiumisation, and innovative new product development tailored to the needs of young and middle-income consumers.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) has significantly influenced the e-commerce and retail sector in India by bringing millions of rural Indians into the formal financial system. This has led to a rise in credit-driven consumption in small cities and towns, which Finance Minister Nirmala Sitharaman hailed as a revolutionary shift. The government has also lauded the meteoric rise in credit-driven consumption in small cities and towns, calling it a “revolutionary shift.” According to the central bank, household consumption is poised to grow faster as headline inflation eases “with a revival of rural demand already taking hold”.
Indian e-commerce market is projected to reach $325 billion by 2030Entrepreneur.com
The FICCI MASSMERIZE 2024 event emphasized the importance of quality in products and India’s efforts to establish its own standards. The event highlighted the role of innovation, technology, and consumer-centric approaches in driving growth and achieving the vision of a Viksit Bharat. Generative AI is a powerful technology that leverages vast datasets to create personalized experiences and optimize various aspects of retail operations. It’s not limited to one area but offers multiple benefits across different functions. In content creation and optimization, Gen AI autonomously generates and improves product descriptions and copy, reducing the need for extensive human involvement. It also excels at providing personalized discounts by analyzing purchase history.
Blockchain technology is a decentralized ledger system that provides robust security and transparency for safeguarding digital assets in the retail sector across the digital landscape. Through its immutable and distributed nature, blockchain ensures the integrity of transactions and data, reducing fraud and enhancing trust. For example, in supply chain management, blockchain can trace the origin and journey of products, allowing customers to verify the authenticity and quality of goods. It also acts as a powerful tool for driving sustainability within the retail sector by providing retailers insight into their supply chains, promoting responsible sourcing and reducing waste. By verifying product authenticity, blockchain helps combat counterfeiting, ensuring that consumers receive genuine, quality products discouraging the production of environmentally damaging fakes.
Indian e-commerce market is poised for significant growth, driven by a combination of factors including increased rural demand, technological advancements, and government initiatives. The adoption of innovative technologies like Generative AI and blockchain is set to further revolutionize the sector, offering enhanced customer experiences, improved operational efficiency, and increased transparency and trust. As India continues to embrace the digital revolution, the future of its e-commerce market looks promising, offering immense opportunities for businesses, consumers, and the economy as a whole.
About 85 pc of world’s cryptocurrencies are not even worth a centIANS
AltIndex.com, a data analysis firm, revealed that approximately 85% of the world’s cryptocurrencies are worth less than one cent. This staggering statistic underscores the volatility and unpredictability of the cryptocurrency market. The total number of cryptocurrencies currently in circulation hovers between 8,500 and 10,000, with new tokens being launched every time a bull run in the crypto space begins. At the time of the report, the total number of cryptocurrencies was at a high of 9,861. However, most of these have little or practically no value.
The report further showed that 9,525, or 96% of all coins circulating in the crypto space, are worth less than a dollar. Just 131 coins were valued between 50 cents and one US dollar. Around 400 had a price tag between 50 and 10 cents, and another 548 were valued between one and 10 cents. This means a shocking 8,443 coins, or 85% of all cryptocurrencies, are worth less than a cent. The proliferation of cryptocurrencies can be attributed to the rise of blockchain technology, which allows anyone to launch a new cryptocurrency. However, the majority of these cryptocurrencies are worth very little due to various factors, including a high number of new tokens being launched with each crypto market bull run, lack of unique value proposition, limited adoption, and intense competition.
Despite the majority of cryptocurrencies having little value, the top five cryptocurrencies now make up 82% of the total crypto market cap, with a combined value of $1.78 trillion. Bitcoin accounts for 56% of the global crypto market cap, up from 48% a year ago. Ethereum makes roughly 12% of the total crypto market cap, 7% less than last year. On the day of the report, Bitcoin price was hovering around $62,800, up 1.5%, and Ethereum was also up 1.3% at nearly $2,450. The cryptocurrency market has seen significant growth and volatility over the past decade. In 2017, the market experienced a boom with the launch of numerous cryptocurrencies. However, many of these new cryptocurrencies failed to gain significant value, leading to the current situation where a large percentage of them are worth less than a cent.
Global regulator for banks red-flags crypto-assets such as BitcoinIANS
This trend is not unique to the cryptocurrency market. In the late 1990s and early 2000s, the dot-com bubble saw a similar trend with internet companies. Many new internet companies were launched with high expectations, but a large number of them failed to generate significant revenue and eventually went bankrupt. Looking forward, the cryptocurrency market is expected to continue its volatile trend. Some experts predict that Bitcoin, the largest and most well-known cryptocurrency, could reach a staggering $90,000 by the end of 2024. However, these predictions should be taken with a grain of salt as the cryptocurrency market is highly unpredictable and influenced by a wide range of factors, including regulatory changes, technological advancements, and market sentiment.
While the cryptocurrency market offers significant opportunities for high returns, it also carries substantial risks. The majority of cryptocurrencies are worth very little, and the market is highly volatile. Therefore, potential investors should conduct thorough research and consider their risk tolerance before investing in cryptocurrencies. It’s crucial to remember that while the potential for high returns exists, so does the potential for significant losses. As with any investment, due diligence and careful consideration are key.
The Government of India runs many schemes according to the needs of crores of people. One of these is the Pradhan Mantri Ujjwala Yojana, which is specially designed for those women who still use earthen stoves to cook food. Under this scheme, women from poor families are given free LPG gas connection, so that their life can be better.
– Advertisement –
Ujjwala Yojana was started in 2016
Pradhan Mantri Ujjwala Yojana was started in the year 2016. Under this scheme, women from poor families get free gas connection, which includes gas cylinder and stove. Apart from this, if they get the gas cylinder refilled, they are also given subsidy by the government.
Who can apply?
Women who fall below the poverty line can avail this scheme. To apply, women can apply by visiting their nearest government agency or CSC center. Apart from this, one can also apply online in Ujjwala Yojana.
Will you get free cylinder in UP?
Before Diwali, the Uttar Pradesh government has announced to give free gas cylinders to the women taking benefit under this scheme. This will benefit lakhs of women of the state and it will reduce their kitchen expenses to a great extent.
Related Articles:-
Small Saving Scheme Interest Rate: Interest rate for October to December has been released, is there any change this time?
Life certificate: These pensioners can submit life certificate from October 1, government gives relief
DGCA issues safety guidance for Boeing 737 aircraft
The Directorate General of Civil Aviation (DGCA) on Monday asked operators of Boeing 737 aircraft with a specific rudder part to not use the planes for low-visibility landings.
The aviation safety regulator took cognisance of the recent US National Transportation Safety Board (NTSB) aviation investigation report, which highlights safety concerns involving Boeing 737 airplanes equipped with “Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators”.
The DGCA guidance is effective for both Boeing 737 NG aircraft as well as news MAX airplane. The regulator has asked all operators to carry out a safety risk assessment too.
“Considering the potential risk of a Jammed or Restricted Rudder control system, the DGCA has issued Interim safety recommendations to all Indian operators of Boeing 737 aircraft, effective immediately,” the regulator said in a statement.
According to the DGCA, all flight crews are to be informed through a circular/advisory regarding the possibility of a Jammed or restricted Rudder control system and appropriate mitigations must be communicated to help crews identify and handle such a situation.
DGCA guidance is effective for both Boeing 737 NG aircraft as well as news MAX airplaneIANS
“All operators must conduct a Safety Risk Assessment for aircraft to evaluate and mitigate the risk associated with the Rudder control system,” as per the aviation regulator.
All Category III B approach, landing, and rollout operations (including practice or actual autoland) must be discontinued for airplanes until further notice, it added.
As per the DGCA instructions, discussion about potential Rudder control system issues must be included as a mandatory topic in Recurrent Training sessions and during pre-simulator briefings.
“Appropriate flight crew responses and mitigations should be practiced during these exercises. These interim measures aim to enhance safety and ensure that flight crews are well-prepared to handle potential Rudder control issues effectively, pending further detailed operational guidance to be issued by Boeing/FAA,” the aviation safety regulator stated.
PLD Space unveils its strategic plan to lead the future of space access with its MIURA Next family of large reusable launchers and the LINCE manned capsule
Elche (Spain), 7 October 2024. Spain’s PLD Space today unveiled its strategic plan at the Beyond_ event, held at its new headquarters to mark the first anniversary of the successful MIURA 1 launch. The company showcased significant progress in the MIURA 5 programme, confirming that it is on course to achieve key milestones and begin its launch campaign by the end of 2025.
During the presentation, PLD Space also revealed its medium- and long-term projects: MIURA Next, a new family of large reusable launchers, and LINCE, the first private manned capsule in Europe. These developments cement PLD Space’s position as a global leader in the space industry. “We will be able to launch any type of payload that serves the market, providing space transportation solutions to meet all demands,” said Executive President Ezequiel Sánchez.
Advancement of MIURA 5: paving the way for a new era in space launchers
Following the successful flight of MIURA 1 on October 7, 2023, PLD Space has continued to advance its technological and industrial capabilities, achieving key milestones in the design and manufacturing of structures, propulsion technology, and reusability systems. These innovations will be showcased and further enhanced by the MIURA 5 launcher.
Over the past year, the company has made substantial progress in the development of MIURA 5. CEO and co-founder Raúl Torres emphasized the TEPREL-C engine, the fourth generation of their proprietary liquid-fuel engine, which was successfully flight-tested with MIURA 1. This accomplishment consolidates PLD Space’s position as one of only three companies in Europe capable of developing liquid-fuel engines.
“The TEPREL-C engine, with 190 kN of thrust, is the heart of MIURA 5. It was designed and developed entirely by PLD Space to deliver reliability, stability, and cost efficiency. Additionally, this system features a high-performance turbopump, also developed by our company, demonstrating our ability to create technology that is within reach of only a few companies worldwide,” said Raúl Torres.
The company has unveiled a new re-entry and recovery system for the MIURA 5 1.2 model, an upgraded version of the launcher with improved orbital capabilities and a significantly higher payload capacity. This system, designed to enable rocket landings, will reduce operational costs and increase the launch frequency of the vehicle.
A cutting-edge launcher factory focussed on sustainability
PLD Space hosted the Beyond_ event at its new 12,500 m² production facility in Elche (Alicante), the first of its kind in Spain and one of the most advanced in Europe. This state-of-the-art factory integrates the latest production and automation technologies with the most refined industrial processes available, ensuring maximum precision and quality at every stage of manufacturing. The plant is set to produce six complete MIURA 5 launchers and 60 TEPREL-C engines by 2025.
To guarantee the reliability of its projects, each product undergoes a rigorous process from design through to launch. Raúl Verdú, CBDO and co-founder of PLD Space, explained, “MIURA 5 is designed to provide reliable, tailored, and high-frequency launch services. To ensure true value for our customers, we are leveraging the proven technology of MIURA 1, while maintaining precise orbital control with a launch schedule and mission parameters that will deliver a world-class customer experience.”
On the business front, Verdú highlighted that the company has already attracted commercial interest exceeding 596 million euros, with the first commercial flights of MIURA 5 scheduled for 2026.
New horizons: a milestone in access to space with a new family of large launchers and Europe’s first private manned capsule
“We aim to offer the market a comprehensive space transportation solution that meets 100% of flight demands,” said PLD Space CEO and co-founder Raúl Torres during his speech. To address the current unmet needs of the industry, the company has introduced its new family of large launchers, MIURA Next, which includes MIURA Next, MIURA Next Heavy, and MIURA Next Super Heavy—capable of delivering up to 50 tonnes to orbit.
The first flight of MIURA Next is planned for 2030, with its technology set to be integrated into subsequent models within the MIURA Next range. “MIURA Next Super Heavy will be one of the most powerful rockets in the world,” Torres added, “capable of delivering more than 16 tonnes to the Moon and 13 tonnes to Mars in its expendable version, and 3.6 tonnes to the Moon and 2.4 tonnes to Mars in its recoverable version.”
With this same objective in mind, PLD Space has taken a major step forward by expanding its space transportation offering with LINCE, the first manned capsule developed by a private company in Europe with an 8m3 capacity. This programme will provide Europe with the capability to send astronauts into space and return them safely to Earth, reinforcing Europe’s technological sovereignty in manned space missions.
The first tests for LINCE are scheduled to begin in 2025 to conduct its first unmanned test flight with MIURA 5 in 2028, launching from the European spaceport CSG in French Guiana, with the aim of achieving the first orbital flight in 2030. “We are confident that we are building a company with the strength and solvency to meet the challenge of providing full access to space,” concluded CEO Ezequiel Sanchez.
SPARK: a commitment to the future
As part of its mission to make space accessible to everyone, PLD Space has revealed the preliminary results of its SPARK programme, which offers free launch services for scientific and technological projects developed by students and research institutions. Spain’s first female astronaut, Sara García-Alonso, took the stage to present this initiative, emphasizing its goal to “inspire society to dream big.” Following the close of the registration period for commercial and research entities, the programme has received 98 applications from 24 countries. However, the call remains open to schools, institutes, and vocational training centres until November 15.
The event has been closed by the Minister of Science, Innovation and Universities, Diana Morant, who mentioned that “we have a much better organised society to make it possible for dreams to come true, so I want to highlight the ecosystem that exists in our country and that has allowed us to promote talent through projects such as PLD Space, a work full of rigour, reliability and, above all, credibility”.
Pension: It is mandatory for all central government pensioners to submit life certificate every year in the month of November to continue their pension. However, the government has given a big relief to senior citizens aged 80 years and above.
Now they can submit their annual life certificate from October 1 instead of November 1. This decision has been taken with the aim of giving additional time to senior citizens.
– Advertisement –
It is mandatory for all central government pensioners to submit life certificates every year in the month of November to continue their pension. However, the government has given a big relief to senior citizens aged 80 years and above. Now they can submit their annual life certificate from October 1 instead of November 1. This decision has been taken with the aim of giving additional time to senior citizens.
Digital Life Certificate
DLC i.e. Digital Life Certificate is a biometric based Aadhaar enabled life certificate. It is prepared with the help of Aadhaar card and biometric details of the pensioner. Its purpose is to authenticate the pensioners so that they continue to receive pension.
Rules for pensioners below 80 years of age
Pensioners who are less than 80 years of age are required to submit their life certificate between 1st and 30th November. Under this process, they have to submit the certificate on time so that there is no interruption in their pension. Pensioners who are 80 years of age or above can submit their life certificate from 1st October itself. This will give them more time and they will be able to submit the certificate as per their convenience without any rush.
Canara Bank Special Facility
Canara Bank has started a special facility for pensioners, under which pensioners will not need to go to the bank branch to submit life certificate. The bank has provided the facility to submit life certificate from home through video call. Pensioners can book their slot from October 1 and complete this process through video call.
What will happen if life certificate is not submitted
If pensioners do not submit their annual life certificate by November, their pension will be stopped for December and the months thereafter. Therefore, it is very important to submit the life certificate on time.
Related Articles:-
Property rights : What legal rights does a grandson have on his grandfather’s property ?
School Holiday: Dussehra holiday has started, schools will remain closed for 8 days
Weather Forecast: Heavy rain on 7-8 October, storm alert in more than 10 states – check full details
In the dynamic world of Forex trading, indicators serve as vital gear to help buyers examine the marketplace and make informed choices. With a multitude of signs to be had, knowledge of a way to use them effectively can notably enhance your buying and selling approach. SyntroCoin offers a reliable platform for seamless Bitcoin transactions, ensuring efficient trade execution for investors exploring various trading strategies.
Understanding the Forex Market Trading Indicators
Forex buying and selling indicators are mathematical calculations based totally on ancient rate facts. They provide insights into market developments, momentum, volatility, and market electricity. Indicators may be widely categorized into two types:
Trend Indicators:
Help become aware of the direction of the market trend.
Oscillators:
Measure the momentum of a currency pair and identify ability reversals or overbought or oversold situations.
Effectively, the usage of those indicators calls for information about their cause, strengths, and obstacles. Combining exclusive sorts of signs can offer a more complete view of marketplace situations.
Combining indicators for confirmation
One of the best ways to apply Forex trading signs is to mix multiple indicators to confirm trading signals. Relying on a single indicator can also result in fake signals because of its inherent boundaries. By combining signs, investors can improve the accuracy of their predictions.
Example:
Using a Moving Average (MA) together with the Relative Strength Index (RSI). A crossover within the MA can imply a potential fashion trade, even as the RSI can confirm whether or not the marketplace is overbought or oversold.
For instance, if the 50-day MA crosses above the 200-day MA (a bullish crossover) and the RSI is underneath 30 (indicating an oversold condition), this combination can beef up the sign for a capability purchase possibility.
Setting appropriate time frames
The effectiveness of signs can vary depending on the timeframe you’re trading. Short-term investors (day buyers) may additionally select shorter time frames (e.g., five-minute or 15-minute charts), even as longer-term buyers (swing buyers) may use daily or weekly charts.
Short-Term Indicators:
Shorter time frames require signs that respond quickly to fee adjustments, which include the five-period EMA and the stochastic oscillator. These indicators can provide well-timed signals for brief trades.
Long-Term Indicators:
Longer time frames benefit from indicators that smooth out rate records, like the 50-day and two hundred-day MAs. These indicators help perceive longer-term traits and reduce marketplace noise.
Adjusting the settings of your signs consistent with your trading style and time body can enhance their effectiveness and relevance.
Avoiding Overreliance on Indicators
Indicators are valuable gear; however, they need not be utilized in isolation. Over-reliance on indicators without thinking about other factors can cause suboptimal buying and selling choices. Always supplement indicators with other sorts of analyses.
Fundamental Analysis:
Incorporate economic records, information activities, and geopolitical developments into your decision-making system. For example, primary bank bulletins or economic reports can notably impact forex actions.
Price Action:
analyze charge styles and candlestick formations. Price movement offers insights into market sentiment and might help validate or refute indicators generated through indicators.
Indicators have to be part of a broader trading method that consists of danger management, market analysis, and a clear know-how of marketplace dynamics.
Backtesting and optimization
Before making use of indicators in live trading, it’s crucial to backtest them using historic information. Backtesting includes strolling your indicators beyond market statistics to assess their performance and accuracy. This method facilitates understanding how nicely the signs would have achieved underneath extraordinary marketplace situations.
Backtesting Tools:
Most trading structures offer backtesting functions in which you may follow indicators to historic charts and analyze their effectiveness. This practice can help refine indicator settings and improve your strategy.
Optimization:
Adjust the parameters of your indicators primarily based on backtesting effects. For example, you can locate that a 14-day RSI is more effective than the default 9-day placing in your specific buying and selling fashion.
Monitoring and adapting
The Forex market markets are constantly evolving, and so should your use of indicators. Regularly monitor the overall performance of your signs and be organized to adapt your method as marketplace situations change.
Market Conditions:
Different market situations (trending vs. ranging) may additionally require modifications to indicator settings or the use of different indicators. For instance, the MACD can also perform better in trending markets, just as the RSI may be useful in ranging markets.
Periodic Review:
Conduct periodic opinions of your buying and selling strategy and the performance of your indicators. This practice allows you to pick out areas for development and guarantees that your technique remains powerful.
Conclusion
Effectively using the Forex market buying and selling signs entails more than simply applying them to charts. By combining indicators, putting suitable time frames, warding off over-reliance, backtesting, and adapting to marketplace situations, buyers can extensively enhance their trading techniques. Remember that indicators are equipment that provide insights, but successful trading additionally calls for a complete approach that consists of essential evaluation, price action, and risk management. With practice and a thoughtful technique, Forex trading indicators can become powerful tools in your buying and selling toolkit.
Aggrieved Ola electric customers were once again left in the lurch as Ola CEO Bhavish Aggarwal and comedian Kunal Kamra got busy in a heated all-day spat on Sunday over the poor conditions at the EV company’s service centres across the country.
Amid the online exchange of words between the duo, the plight of Ola Electric customers resurfaced.
“Bhavish your words are empty… Ground reality doesn’t match with our words. I think u need to get out of ur AC rooms & armchair & hit the ground for better understanding,” posted an angry X user on the social media platform.
Another commented: “My own scooter has been in their service centre for the last 10 days, and they’re not even telling me when I’ll get it back. This is the third time. Last time, they took a month to replace a blown fuse. What program have they enrolled me in?”
He reacted to Aggarwal’s post that Ola Electric has “enough programmes for our customers if they face service delays”.
Ola Electric customers left in agony amid Bhavish Aggarwal-Kunal Kamra online spatIANS
Another X user asked the Ola Electric CEO: “So tell me why one customer set ablaze one of your showroom for poor customer service?”
An aggrieved Ola Electric customer torched its showroom in Karnataka last month, as the company’s social media platforms were flooded with complaints about its EV scooters.
Ola Electric’s flagship S1 series EV scooter has turned out to be a nightmare for several customers as they continue to face issues like malfunctioning hardware and glitching software even from day one after purchase.
“The truth is, both your product and service models have failed. Now you’re yelling at customers for pointing out the issues?. Focus on fixing your failed products and service model. No wonder your share price is declining daily, and your company isn’t profitable,” posted another X user.
As per reports, Ola Electric receives around 80,000 complaints monthly, overwhelming its service centres. On peak days, complaints rise to 6,000-7,000.
