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Around 1.14 lakh LIC employees to get over 25% hike in their salaries

Around 1.14 lakh LIC employees to get over 25% hike in their salaries
IANSApr 16, 2021, 09:27 IST
IANS
Life Insurance Corporation of India (
LIC) on a happy note with over 25 per cent hike in their
pay packets, said a top union leader.
The Central government on Thursday notified the revised pay packets for
LIC employees.
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The employees are happy with the wage revision that has come at a difficult situation. The pay hike for the employees is expected to be over 25 per cent per month,
Shreekant Mishra, General Secretary,
All India Insurance Employees Association (AIIEA) told IANS.
He said a loading of 15 per cent has been given after 100 per cent neutralization of dearness allowance (DA) at 6,352 points of consumer price index (CPI). ....

Shreekant Mishra , Life Insurance Corporation Of India , India Insurance Employees Association , Insurance Corporation , General Secretary , Special Allowance , Pay Packets , Lic Employees , All India Insurance Employees Association , ஷ்ரீகந்த் மிஸ்ரா , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , இந்தியா காப்பீடு ஊழியர்கள் சங்கம் , காப்பீடு நிறுவனம் , ஜநரல் செயலாளர் , சிறப்பு கொடுப்பனவு , செலுத்த ப்யாகெட்ஸ் , உரிமம் ஊழியர்கள் , அனைத்தும் இந்தியா காப்பீடு ஊழியர்கள் சங்கம் ,

Henceforth, five-day working week for LIC staff - The Hindu BusinessLine

April 16, 2021
Centre declares every Saturday as a public holiday for LIC
The Centre has declared every Saturday as a public holiday for Life Insurance Corporation (LIC) with immediate effect.
This latest move of the Department of Financial Services (DFS) has been taken under the Negotiable Instruments Act 1881.
Over one lakh LIC employees are expected to benefit from the Centre s decision on this front.
This decision comes at a time when LIC employees are eagerly awaiting wage revision, which is due from August 1, 2017. LIC management had this Monday conducted a virtual meeting with employee unions and conveyed that the final details of the wage revision will be announced soon. ....

Life Insurance Corporation , Department Of Financial Services , Financial Services , Negotiable Instruments Act , Five Day Week , வாழ்க்கை காப்பீடு நிறுவனம் , துறை ஆஃப் நிதி சேவைகள் , நிதி சேவைகள் , பேச்சுவார்த்தைக்குட்பட்டது கருவிகள் நாடகம் , ஐந்து நாள் வாரம் ,

Welcome To IANS Live - INTERNATIONAL - NZ to hike penalty fee for using mobile while driving

Photo Credit: IANS
IANSLive
Wellington, April 16 (IANS) New Zealand will increase the infringement fee from NZ$80 to NZ$150 for people who are caught using mobile phones while driving from April 30, according to a statement issued by the Transport Ministry on Friday.
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Update: 16-April-2021 ....

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Electronic driving license on 'Absher Individuals' and 'Tawakkalna' apps launched

April 16, 2021
Saudi Gazette report
RIYADH The General Department of Traffic has launched an electronic version of the driving license through the Ministry of Interior’s online application “Absher Individuals” and the “Tawakkalna” applications.
In a statement to Saudi Press Agency (SPA), the spokesperson of the traffic department said the security authorities have approved the digital version of the driving license, which was developed in collaboration with the Saudi Data and Artificial Intelligence Authority (SDAIA), represented by the National Information Center.
He added that the new electronic driving license includes a QR Code, affirming that the drivers can keep a copy of it on the smartphones and use it without the need for an internet connection. ....

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LIC betting on old economy stocks - The Hindu BusinessLine

LIC betting on old economy stocks
Buys shares worth ₹3,000 crore in at least 15 companies
The biggest domestic institutional investor LIC has upped holdings in at least 15 companies by buying shares worth ₹3,000 crore during January-March quarter even as markets rose nearly 4 per cent.
LIC has hiked stakes in old economy sector companies such as those involved in manufacture of cement, auto ancillaries, chemicals, energy and paints. However, it also appears to have booked profits partly in select PSU bank stocks, Tata Steel and TCS etc., many of whom had seen a healthy rise in price during the aforementioned quarter.
One per cent stake ....

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