Tag: Current Affairs of 11 September 2017

ADB to provide $152 mn to Nepal to enhance power transmission

  The Manila-based Asian Development Bank will provide a USD 152 million to Nepal for the implementation and enhancement of its power transmission and distribution. The Asian Development Bank (ADB) and Nepal’s Ministry of Finance signed the loan agreement in Kathmandu. The aid will be granted to the Power Transmission and Distribution Efficiency Enhancement Project

IRDAI allows OTP for opening online insurance account

  Insurance Regulatory and Development Authority of India (IRDAI) has permitted usage of OTP or one time password for opening e-insurance account (eIA) as an alternative to electronic signature. As per current practise, an e-signature of the e- insurance account (eIA) holder on the application form for opening the account is considered as a valid authentication.

Second Indian Worker Resource Centre inaugurated in UAE

  Indian Ambassador in UAE Navdeep Singh Suri inaugurated the second Indian Workers’ Resource Centre (IWRC) in UAE to provide support and counseling to Indians in distress. IWRC provides counseling and support to the overseas Indian Community on legal, personal and financial matters, free of cost. The first IWRC was opened in Dubai in 2010.