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LIC unveils two new plans

panaji: Life Insurance Corporation of India has today launched two new plans namely Bima Account – I & Bima Account – II, said a press release. Bima Account – I is offered to Policyholders between age group 11 to 50 for the terms 5 to 7 years. No medical of the life to be assured is required under this plan. yearly premium ranges from 7000 to 14000. The premium can also be paid Half Yearly, Quarterly and Monthly (ECS) mode.

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ECONOMIC SCAN

IEEE-SA to hold smart grid workshop

MUMBAI: The Standards Association of IEEE announced that it is holding a Smart Grid workshop in association with IEEE-Mumbai chapter on 4th February 2011 at Sardar Patel Institute of Technology (SPIT) located in Andheri West in Mumbai between 09:00–12:30 a.m.

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ECONOMIC SCAN

‘Diva Maharashtracha’, ‘Goa Portuguesa’ best restaurants

PANAJI: ‘Goa Portuguesa’ and ‘Diva Maharashtracha’ resto-bars were conferred upon as the ‘The Best Restaurants of the Year’ in a glittering ceremony at the elite Taj Lands End, Mumbai.

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ED begins probe into Karmapa cash row

DHARAMSALA: The Enforcement Directorate (ED) Tuesday reached Tibetan leader Karmapa Lama’s place of residence, the Gyuto Tantric University and Monastery near here to begin their investigation into last week’s recovery of unaccounted foreign and Indian currency worth nearly ` 70 million.

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Subsidised onion sale to end today

NEW DELHI: With a sharp fall in onion prices in the retail market to `30 per kg, the government on Monday decided to end the subsidised sale of the kitchen staple from Tuesday in the national capital, but it would continue to monitor the situation to prevent the recurrence of the crisis.

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