LIC presents interim dividends cheque to FM
New Delhi: Siddhartha Mohanty, Chairperson, LIC of India, today presented the `2441,44,91,124 cheque of interim dividend to Nirmala Sitharaman, Union Finance & Corporate Affairs Minister. Dr. Vivek Joshi, Secretary, Financial Services, Ministry of Finance, GOI, M P Tangirala, Additional Secretary, Financial Services, Ministry of Finance, GOI were present along with JPS Bajaj, Zonal Manager (I/C), Northern Zone on this occasion. Sitharamanr also virtually inaugurated ‘LIC International Business Centre’ at GIFT City, Gandhinagar. This strategic move is aligned with LIC’s commitment to providing world-class insurance andfinancial services on a global scale.
Annual Research Day celebrated at SRM
New Delhi: Research has been an integral part of humanity since the dawn of civilisation, and this spirit of seeking helped him survive and reach the current level of sophistication and technological advancements, said Dr P Sathyanarayanan, Pro-Chancellor (Academics), SRM Institute of Science and Technology. Presiding over the 13 th Annual Research Day celebrations at SRM IST at Kattankulathur on Monday, Dr Sathyanarayanan said scholars should contribute to society and the nation through original research. “The government allocation to research from its GDP is low compared to Israel, South Korea, USA, and China. Until the 18th century, India was among the world top economies but suffered a setback. India’s economy is growing, and research funding is also rising with increasing Foreign Direct Investments.