NEWS

The IPO-bound national insurer Life Insurance Corporation (LIC) is not only the world’s largest when it comes to home-market share with over 64.1 per cent of the total gross written premium as of 2020 but also the one that offers the highest return on equity at 82 per cent, apart from being the third largest in terms of life insurance premium, says a Crisil report.

While for LIC the market share has been steadily declining–down from 100 per cent in the pre-2000 era to 71.8 per cent in 2016 and further down to 64.1 per cent in 2020, for SBI Life, which is the second largest in the country, the same was only 5 per cent in 2016 and 8 per cent in 2020, Crisil said in a report prepared in November 2021 which is not yet made publicly available.

One must have seen many parks, but the thing about this park is different. It is the first such park in the country which is making the green energy concept come true as reality.

Solar panels have been installed on everything present in the park, from the floor and swimming pool to the roof of the sitting bench and solar pole. The swimming pool consists of solar panels through which electricity is generated.

An earthquake measuring 4.3 on the Richter scale struck Arunachal Pradesh's Pangin on Sunday, the National Center for Seismology (NCS) said.

There was no immediate report of any loss of life or damage to property.

The earthquake took place at 10.59 pm and the epicentre was at 305-km North North East of Pangin, the NCS said, adding that the depth of the tremor was 10-km.

Last month, an earthquake of 4.3 magnitude had hit the Dibang Valley district of the state, while a 5.6 magnitude quake struck Mizoram.

The J&K Delimitation Commission has changed the complexion of most of the 90 Assembly seats, whilereconfiguring and renaming 28 new Assembly constituencies and deleting 19 Assembly segments in its interim report. Besides, it has proposed to redraw all the five Lok Sabha seats.

The interim report, shared with the associate members two days ago, suggested that the Kashmir division will get an additional seat in Kupwara, while the Jammu division will have one additional seat in Kathua district, one in Samba, one in Doda, one in Rajouri, one in Udhampur and one in Kishtwar.

Of the six seats, three Assembly segments are from the Muslim-majority Chenab Valley and Pir Panjal valleys, while four are in the Hindu Jammu-Samba-Kathua belt.