County Person Financial News

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided Rs 2 lakh life insurance coverage to over 21 crore beneficiaries, ensuring financial security for families in times of uncertainty, the Finance Ministry said on Saturday. The Finance Ministry in a social media post on X added that the cumulative enrolment under the PMJJBY has recorded at 21.67 crore, and the cumulative number of claims received was 860,575, worth Rs 17,211.50 as of October 20 this year. PMJJBY is a one-year life insurance scheme renewable from year to year, offering coverage for death due to any reason. Persons in the age group of 18-50 years having an individual bank or a post office account are entitled to enrol under the scheme.

Droupadi Murmu will confer the Pravasi Bharatiya Samman during the valedictory session of the upcoming PBD Convention, the Ministry of External Affairs said on Friday as it announced the names of the awardees for this year. The awardees, who «represent the excellence achieved by our diaspora in various fields», include among others Baroness Usha Kumari Prashar from the UK (in the field of politics), Dr Sharmila Ford from the US for community service. There are a couple of institutions as well who will be given the award.

Sambhal continues, District Magistrate (DM) Rajender Pensiya informed that the administration has received some documents raising objections to the ongoing construction.

National Testing Agency (NTA) is preparing to release the schedule for the JEE Main 2025 exam, with the online application process expected to begin by the end of November 2024. Candidates can apply via the official NTA website. In 2024, the JEE exam was held in two sessions, January and April, so a similar schedule is anticipated for the upcoming year.

Two Days Opening the Door to Web3 Industry UtilizationWebX2024 is a global Web3 conference organized and managed by CoinPost, Japan’s largest cryptocurrency and Web3 media outlet.

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According to a statement from the regulator, WIM breached Principle 2 of the FCA's Principles for Business, by «failing to act with due skill, care and diligence in the conduct of its business».  It also said Woodford breached Statements of Principle 2 and 6 of the FCA's Statement of Principle for Approved Persons in relation to his roles as CF1 director and CF30 customer at the firm. Woodford investors set for first Link settlement payment as ACD makes distribution The regulator argued the investment firm failed on four counts between 31 July 2018 and 3 June 2019, with each relate...

Mumbai: PPFAS Mutual Fund has stopped accepting investments from non-resident Indians based in the US and Canada, said chief executive officer Neil Parikh, at the fund house’s annual unitholders meeting recently. Parikh said this was because asset management companies are barred from marketing their fund in those countries.

Unified Payments Interface (UPI) added another billion to reach 11 billion transactions in a short span of two months—the quickest addition of a billion—to date, the Reserve Bank said on Thursday in its monthly bulletin. The apex bank said that buoyed by the festival season, digital payments witnessed a strong expansion in October 2023, with growth (y-o-y) under major payment modes outpacing the increase in the previous month. “The Initial Public Offering (IPO) facility through UPI exhibited robust adoption, with the number of mandates nearly doubling in October 2023 over the corresponding month in 2022," the RBI monthly bulletin added.

₹17.16 lakh crore via Unified Payments Interface (UPI) took place in October 2023. "Up, up, and growing! Over 11 Billion UPI transactions were done in October 2023! People are making seamless payments from mobile in real-time with #UPI," the Ministry of Electronics and IT said in a social media post on X. According to NPCI, the surge in transaction value during October was credited to the festive season.

work from home policy, Infosys has started calling back its employees to work from office for a minimum of ten days in a month, the software exporter's select employees at the entry to mid-level positions have been informed. «As we move to strengthen our return to office (RTO) approach and hybrid work model, I urge you to work from office for a minimum of 10 days in the month, starting Nov 20, 2023,» read an email sent by one of the vice presidents to employees in the band 5 and 6 in select verticals. ET has reviewed the email.

electoral bond is a bearer banking instrument to be used for funding eligible political parties. An eligible political party is the one registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly.

Also read: Cadbury maker to invest ₹1,600 crore to expand Andhra plant In the past three days, the Registration and Stamps Department conducted raids on 37 Margadarsi branches across the state, resulting in the filing of FIRs in Anakapalli, Chirala, and Rajamahendravaram. The cases against Margadarsi include various Indian Penal Code sections, such as 409 (Criminal breach of trust by a public servant), 420 (Cheating and dishonestly inducing delivery of property), 468 (Forgery for the purpose of cheating), 471 (Using a forged document as genuine), 477–A (Falsification of accounts), 120B (Criminal conspiracy), 467 (Forgery of valuable security, will, etc.), in conjunction with Section 34, and Section 5 of the Andhra Pradesh Protection of Depositors of Financial Establishments Act.

Also read: World Day against Trafficking in Persons 2023: Date, history, significance, theme and more Jaipur City emerged as the top district in child trafficking, with four other districts in Delhi appeared in the top slots. The study draws from data collected by Games24x7's data science team, which collaborated with KSCF and its partners to analyse child trafficking cases across 262 districts in 21 states.

health care, face discrimination, abuse/ violence, and come from marginalized communities are particularly vulnerable to trafficking. In fact, the Covid-19 pandemic has also changed the nature of trafficking by driving it underground and increasing the risk to victims as the crimes are less likely to come to the attention of authorities.

Orissa High Court has ordered an interim stay on the publication of Odisha Civil Services (OCS)-2021 examination results. The high court has asked the Odisha Public Services Commission (OPSC) to continue with the ongoing personality test as scheduled.

Calcutta High Court on Monday directed the inspector general of BSF, the nodal officer appointed for deployment of central forces for West Bengal panchayat polls, to file a report on the violence that took place in various booths on July 8. The court also directed the state government to provide assistance to the relatives for cremation of those who died in alleged poll violence and healthcare facilities to the injured. A division bench presided by Chief Justice T S Sivagnanam directed the IG, BSF, the nodal officer appointed for deployment of central forces for the rural polls, to file a report on the violence which took place in various polling booths in the state during the elections on July 8.

A federal judge has reportedly denied oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps.

James Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social media activity against his law firm promulgated by posts from former CEO Sam Bankman-Fried.

Defying France’s traditional financial systems and figures to convince them of the benefits of cryptocurrency was a sluggish battle for Pierre Person, a plucky 33-year-old who served as a member of France’s National Assembly for the past five years.

Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament.