India will soon start issuing chip based passports (e-passports)


India will soon start issuing chip based passports (e-passports)

India will soon start issuing e-passports which will use Radio-Frequency Identification (RFID) and biometrics. Sanjay Bhattacharya, Secretary in Ministry of External Affairs, Secretary, has stated that the new e-passport will secure biometric data, and also be in line with the standards...

Covid-19 survivors may not get life insurance policies instantly


Covid-19 survivors may not get life insurance policies instantly

Covid-19 cases have been surging over the three weeks and there's a lack of clarity around the after-effects of omicron. Amid this ambiguity, getting a term insurance might take longer for those who have recovered from covid. To balance policy issuance with claims, many life insurers...

Ratan Tata-backed fuel-to-door startup wins National Startup Award 2021


Ratan Tata-backed fuel-to-door startup wins National Startup Award 2021

Today on the National Startup Day, Pune-based Repos was awarded the National Startup Award 2021 at the prestigious 6-day Startup India Innovation Week. Repos was amongst the 150 entrepreneurs who got the opportunity to present their policy recommendations at the virtual gathering presided...

SBI hikes interest rates on short-term fixed deposits


SBI hikes interest rates on short-term fixed deposits

India largest lender, the State Bank of India (SBI), on Saturday announced that it has increased interest rates on fixed deposit (FD) by up to 10 basis points or 0.10%.According to the SBI website, the interest rate on fixed deposits for tenure 1 year to less than 2 years has been increased...

Indian passport gets stronger, 59 countries offer visa-free access


Indian passport gets stronger, 59 countries offer visa-free access

India has improved its passport power ranking for the year 2022, climbing seven places to rank in 83rd place compared to the 90th position last year, according to the latest report from the Henley Passport Index. Indian passport holders can now visit 59 destinations worldwide including...

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