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Yesterday’s big news was related to Rohan Mirchandani, co-founder of FMCG company Epigamia. 42 year old Rohan died of a heart attack late night on 21 December. The second big news was related to unclaimed amount in LIC. The government insurance company has Rs 880.93 crore on which there is no one to claim.
Apart from this, the central government is planning to ban apps that give loans without permission. The government has presented a draft bill regarding this plan. At the same time, now 18% GST will be levied on purchasing second hand electric car from auto company and dealer.
Before tomorrow’s big news, today’s major events to keep an eye on…
- The stock market may see a decline today.
- There has been no change in the prices of petrol and diesel.
- Unimech Aerospace’s IPO will open on December 23.
- The IPO of Concord Enviro Systems Limited will close.
Now read tomorrow’s big news…
1. LIC has unclaimed money of Rs 881 crore: See the process to check here if your money is also included in it.
Life Insurance Corporation of India (LIC) had a total unclaimed maturity amount of Rs 880.93 crore in the financial year 2023-24. According to government information, a total of 372,282 policyholders have not claimed their maturity benefit.
That means, even after 3 years of the policy maturing, no one has claimed it. In such a situation, if you feel that someone from your family had taken a LIC policy, which has matured but the money has not been received. In such a situation, you can claim the amount of that policy.
Click here to read the full news…
2. Epigamia co-founder Rohan Mirchandani dies of heart attack: He was 42 years old, his FMCG company is famous for Greek yogurt.
Rohan Mirchandani, co-founder of FMCG company Epigamia, has passed away, he was 42 years old. According to reports, Rohan died of a heart attack late on the night of 21 December.
Mirchandani was a graduate of NYU Stern and Wharton School. He founded Drums Food International in 2013, which is the parent company of Epigamia. Epigamia is one of the largest Greek yogurt brands in India.
Click here to read the full news…
3. Apps giving loans without permission will now be banned: Government introduced draft bill; ₹1 crore fine and 10 years jail for violation
The central government is planning to ban apps that give loans without permission. The government has presented a draft bill regarding this plan. This bill calls for banning infringing online loan apps. Apart from this, a fine of Rs 1 crore and 10 years of jail has also been proposed.
This information has been given in a report of Business Standard. These measures were suggested for the first time in the November 2021 report of the group working on digital lending of the Reserve Bank of India i.e. RBI.
Click here to read the full news…
4. 18% GST on purchasing second hand electric car from dealer: Tax on fortified rice reduced to 5%, issue of rebate on health insurance premium averted.
The 55th meeting of the GST Council was held in Jaisalmer on 21 December (Saturday). In the press conference after the meeting, Finance Minister Nirmala Sitharaman told that 18% GST will be charged on purchasing second hand electric car from auto companies and dealers.
GST rates on Fortified Rice Kernels (FRK) reduced from 18% to 5%. There will be no GST on gene therapy. GST will not be applicable on payment aggregators making payments of less than Rs 2,000. GST will also not be imposed on black pepper and raisins supplied by farmers.
Click here to read the full news…
5. Market value of top-10 companies decreased by ₹ 4.95 lakh crore: TCS remained the top loser, its value decreased by ₹ 1.10 lakh crore to ₹ 15.08 lakh crore.
The combined market capitalization of the country’s top 10 companies has declined by Rs 4.95 lakh crore in last week’s trading. Among these, TCS suffered the most loss last week. Its market cap declined by ₹1.10 lakh crore to ₹15.08 lakh crore.
At the same time, the market cap of Reliance Industries decreased by ₹ 91 thousand crores to 16.32 lakh crores. The market cap of HDFC Bank has declined by ₹ 76 thousand crores to ₹ 13.54 lakh crores.
Click here to read the full news…
6. New 2025 Honda Activa 125 launched in India: Updated scooter to get updated OBD2 engine with TFT display, competes with TVS Jupiter
Honda Motorcycle and Scooter India (HMSI) on Saturday (December 21) launched a new updated version of its most popular scooter ‘Activa 125’. New colors and advanced features have been included in it.
Instead of the LCD display, it now has a new 4.2 inch TFT display, which will give information about real-time mileage, average mileage and distance to empty.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed due to weekly holiday on Saturday and Sunday, so know the condition of stock market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
