Latest news with #Rs.15
Time of India
01-07-2025
- Time of India
Toddler accidentally gets locked inside foruth-floor home, rescued
Nagpur: A two-and-a-half-year-old boy accidentally got locked inside his home in Vaman Nagri, Besa-Pipla Road, on Tuesday, prompting a tense rescue effort. The child was reportedly playing outside the house after which he went inside and accidently locked the main door, leaving himself trapped for nearly two hours, informed his father Manish Jambhulkar. The main door of the house is digitally controlled, however, it has an extra safety latch inside which the toddler twisted and got locked. Jambhulkar, who was outside the house along with the toddler's grandmother, immediately contacted the fire department. He was deeply concerned for the child's safety, especially since their fourth-floor home had access to a balcony which the toddler could have wandered towards. With no other option, the fire department had to break open the main door to rescue the child. Fortunately, the toddler was unharmed. The family incurred a loss of around Rs.15,000 due to the damage caused to the digitally operated door during the rescue. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
India Gazette
25-06-2025
- India Gazette
CBI arrests one accused in 5.6 lakh bank fraud case from 1978
New Delhi [India], June 25 (ANI): Central Bureau of Investigation (CBI) arrested Satish Kumar Anand, a Proclaimed Offender (PO) in a case relating to bank fraud of Rs 5,69,000 of Bank of India. CBI had registered the case on May 5, 1978 against the three accused, including the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar on the allegations that the accused then Bank Branch Manager while posted and functioning as Branch Manager during 1977 entered into criminal conspiracy with Satish Kumar Anand to cheat the Bank, according to the probe agency. According to CBI, the said Bank Branch Manager advanced loan to a private company on the forged receipt submitted along with the bills by falsely showing dispatching of consignment, and due to this wrongful loss to the bank and pecuniary gain to the tune of Rs 5,69,000 was caused to accused Satish Kumar Anand. After investigation, CBI had filed the charge sheet against all the three accused persons - the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar in the Ld. Court of Special Judge, CBI, Dehradun. The accused Satish Kumar Anand and Ashok Kumar were convicted by Ld. Special Judge, CBI, Dehradun vide judgement dated June 19, 1985 and awarded Imprisonment (RI) of 05 Years and fine of Rs.15,000. The accused then Bank Branch Manager was acquitted. After conviction, the accused Satish Kumar Anand absconded. The Ld. Court of Special Judge, CBI, Anti-Corruption, Dehradun declared absconding Satish Kumar Anand as Proclaimed Offender vide the order dated November, 30, 2009, the probe agency said. (ANI)
Hindustan Times
25-06-2025
- Hindustan Times
CBI arrests accused in 5.6 lakh bank fraud case from 1978
Central Bureau of Investigation (CBI) arrested Satish Kumar Anand, a Proclaimed Offender (PO) in a case relating to bank fraud of ₹ 5,69,000 of Bank of India. The accused Satish Kumar Anand and Ashok Kumar were convicted by Ld. Special Judge, CBI, Dehradun vide judgement dated June 19, 1985.(iStockphoto) CBI had registered the case on May 5, 1978 against the three accused, including the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar on the allegations that the accused then Bank Branch Manager while posted and functioning as Branch Manager during 1977 entered into criminal conspiracy with Satish Kumar Anand to cheat the Bank, according to the probe agency. According to CBI, the said Bank Branch Manager advanced loan to a private company on the forged receipt submitted along with the bills by falsely showing dispatching of consignment, and due to this wrongful loss to the bank and pecuniary gain to the tune of ₹ 5,69,000 was caused to accused Satish Kumar Anand. After investigation, CBI had filed the charge sheet against all the three accused persons - the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar in the Ld. Court of Special Judge, CBI, Dehradun. The accused Satish Kumar Anand and Ashok Kumar were convicted by Ld. Special Judge, CBI, Dehradun vide judgement dated June 19, 1985 and awarded Imprisonment (RI) of 05 Years and fine of Rs.15,000. The accused then Bank Branch Manager was acquitted. After conviction, the accused Satish Kumar Anand absconded. The Ld. Court of Special Judge, CBI, Anti-Corruption, Dehradun declared absconding Satish Kumar Anand as Proclaimed Offender vide the order dated November, 30, 2009, the probe agency said.
Economic Times
16-06-2025
- Business
- Economic Times
Insurance is a risk cover and not an investment: Don't confuse the two
Vihaan Gupta, 30, is planning to get married and start a family. He has been saving for his key financial goals like buying a house, travel and retirement. He took a Rs.15 lakh life insurance policy five years ago when he started working. Though he often receives insurance sales calls, he believes his current cover and investments are sufficient and a simple top-up will suffice as he settles down. Is this assumption correct? Vihaan Gupta is right to identify and plan for his life goals, but achieving them depends on his ability to keep earning and investing. An untimely death could derail this plan, leaving his family without adequate financial support. A pure term insurance policy is best suited to cover this risk and should be sufficient. It should be reviewed at every life stage and starting a family is a crucial point to do so. Gupta must factor in inflation, current finances, number of dependants, and his family's future lifestyle needs in his absence. Just as death is a risk that can't be ignored, so is the loss of earning capacity by the breadwinner. A personal accident policy helps cover this risk, especially if it includes death, permanent total or partial disability, and temporary disability. Similarly, a major illness or accident requiring hospitalisation can strike any family member at any time and lead to significant expenses. Without health insurance, Gupta may have to dip into savings or even borrow, putting his long-term goals at risk. Opting for health insurance early is essential to safeguard against medical risks. Insurance is a risk management tool and should not be confused with investment, as it serves a completely different purpose. Identifying key life risks and covering them with suitable insurance is essential. Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.
Time of India
16-06-2025
- Business
- Time of India
Insurance is a risk cover and not an investment: Don't confuse the two
Academy Empower your mind, elevate your skills Vihaan Gupta, 30, is planning to get married and start a family. He has been saving for his key financial goals like buying a house, travel and retirement. He took a Rs.15 lakh life insurance policy five years ago when he started working. Though he often receives insurance sales calls, he believes his current cover and investments are sufficient and a simple top-up will suffice as he settles down. Is this assumption correct?Vihaan Gupta is right to identify and plan for his life goals, but achieving them depends on his ability to keep earning and investing. An untimely death could derail this plan, leaving his family without adequate financial support. A pure term insurance policy is best suited to cover this risk and should be sufficient. It should be reviewed at every life stage and starting a family is a crucial point to do so. Gupta must factor in inflation, current finances, number of dependants, and his family's future lifestyle needs in his as death is a risk that can't be ignored, so is the loss of earning capacity by the breadwinner. A personal accident policy helps cover this risk, especially if it includes death, permanent total or partial disability, and temporary disability. Similarly, a major illness or accident requiring hospitalisation can strike any family member at any time and lead to significant expenses. Without health insurance , Gupta may have to dip into savings or even borrow, putting his long-term goals at risk. Opting for health insurance early is essential to safeguard against medical is a risk management tool and should not be confused with investment, as it serves a completely different purpose. Identifying key life risks and covering them with suitable insurance is on this page is courtesy Centre for Investment Education and Learning (CIEL).Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.
