Pension Anomaly Chart as on 3.1.08.2026--

Pension Anomaly Chart as on 3.1.08.2026-- CLICK HERE 

Dearness Relief payable to pensioners

Dearness Allowance Increase wef 01.08.2026

(Affiliated to: NCBE) C/o Bank of India, Jalandhar Main Branch

Nirmal Complex, G.T.Road Jalandhar City-144001 Email:ncbisu@yahoo.co.in,Website:www.ncbisu.in

Ref. No.NCBISU:DA:2026/08

DATE:31.07.2026

To All Units/Members.

We wish to inform that due to rise of 2.13 points in quarterly average of All India Working Class Consumer Price Index (Base 2016) for the quarter ended JUNE 2026 there will be increase of 2.13% in dearness allowance w.e.f. AUG 2026:

We are giving below the price index figures:-

April 2026.  149.9

May  2026.  150.8

June 2026.  151.9

Average Price Index 150.86

D.A. Rate (For All Staff)

27.83 %

of Pay (i.e. Basic Pay + Sp. Pay + P.Q. Pay)

+Special Allowance +Transport Allowance

With Greetings.

(K.K.KHOSLA)

PRESIDENT

PENSIONERS-DA INCREASE

RETIRED BEFORE NOV 2022 47 slab ON OR AFTER NOV 2022 2.83

AICPI-IW FOR JUNE,2026 is 151.90

AICPI-IW FOR JUNE,2026

+        149.9000 Apr
+        150.8000 May
+        151.9000 June
-----------------
+        452.6000
/          3.0000
-----------------
+        150.8667
*          2.8800
*          4.6300
*          4.9300
-----------------
+       9917.7644
-       9728.0000 Last Avg
-----------------
+        189.7644
/          4.0000
-----------------
+         47.4411
ie increase of
(1)
        
+         47.0000 SLABS OF DR FOR Pensioners of LIC AND GIC
Bank Pensioners retired upto 31.10.2022
wef 01.08.2026.
(2)
+         35.0000 slabs of DA for inservice employees
of LIC & GIPSAslabs of DA for inservice employees
of LIC & GIPSA
(3)
+          2.1300 % for Bank Employees and
employees and pensioners who retired on and after 01.11.2022

🚨🚨🚨🚨 Alert ‼️ Alert ‼️

🚨🚨🚨🚨

Alert ‼️ Alert ‼️ 

This is to inform you that there are malicious mails going to lic employees personal lic mail from

*LIC CONNECT* which is suspicious with mail subject as

“ FORM 16 Revised file”

Do not click on the mail.

Kindly alert all employees if there so regarding this suspicious mail.

Recent there is case of hacking in BANK OF BARODA last few days ago because of suspicious link clicked by one of their employees. The data of the bank leaked in Dark web.

Please be alert 🚨

यह थे 1947 से 1977 तक देश के शिक्षा मंत्री

PIB::Prime Minister lauds the passage of a Bill by Parliament making the examination system more robust

Prime Minister lauds the passage of a Bill by Parliament making the examination system more robust 

Click below:-

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2292135&RegID=3&LID=1

प्रधानमंत्री नरेंद्र मोदी का देशवासियों के नाम वीडियो संदेश

प्रधानमंत्री नरेंद्र मोदी ने लोक परीक्षा (संशोधन) विधेयक को संसद से मंजूरी मिलने के बाद देशवासियों के नाम एक वीडियो संदेश जारी किया। उन्होंने कहा कि सरकार भरोसेमंद और पारदर्शी परीक्षा प्रणाली बनाने के लिए लगातार काम कर रही है। प्रधानमंत्री ने कहा कि इस दिशा में एक के बाद एक कई कदम उठाए गए हैं। उन्होंने बताया कि इस कानून को तैयार करते समय राज्यों के सुझावों का भी पूरा ध्यान रखा गया, क्योंकि पिछले कई वर्षों से लगभग सभी राज्य और केंद्र सरकार पेपर लीक जैसी समस्या से जूझ रहे हैं

Click below:-

https://drive.google.com/file/d/1Loy2hrTVTWeCqpis8F7TPMsxCLYJvkA2/view?usp=drivesdk

*Shaheed-E-Azam Sardar Udham Singh* 🇮🇳 JULY 31 - Martyrs Day.

-*Shaheed-E-Azam Sardar Udham Singh* 🇮🇳 JULY 31 - Martyrs Day.

*Sardar Udham Singh* was a revolutionary who sacrificed his life for the independence of INDIA ie. *Bharat*.

On *13th April 1919, Baisakhi day*, hundreds of innocent Hindus and Sikhs had gathered at *Jallianwala Bagh, Amritsar* for a peaceful meeting.  

*General Dyer* ordered his troops to fire without warning. Thousands were killed and wounded. It was one of the most brutal massacres in our history.

To avenge those martyrs, *Udham Singh* took a vow.  

After 21 years, on *13th March 1940 in London, England*, he shot dead *Sir Michael O'Dwyer* — the former Lieutenant Governor of Punjab who had approved General Dyer's actions that day.

He was arrested and on *31st July 1940* he was hanged in Pentonville Jail, London.  

His last words were: *"I am proud of my deed."*

Today, *Sarabha Nagar in Ludhiana* stands as a tribute to his courage. 

*"Jai Hind"* 🇮🇳  

_With respect_  

*H K Aggarwal*  

_Octogenarian 89+.

Mohali Chandigarh. 

( Born and brought up in Ludhiana).

---

THE NOTE ON THE PROCEEDINGS IN M C SINGLA CASE IN SC

A detailed note on the M C Singla case hearing of 22/7/2026 by Mr Satyanarayana , a retired Bank Chief Manager of Andhra Bank  is attached .

C H Mahadevan 

Click below:-

https://drive.google.com/file/d/1Zy5mWvasl_WS2ZpD4xThtpFeXwG_V4m4/view?usp=drivesdk

Supreme Court Says Plea To Ban Pellet Use Against Civilian Assemblies Is Vague Without Challenging Regulations

Supreme Court Says Plea To Ban Pellet Use Against Civilian Assemblies Is Vague Without Challenging Regulations

Click below:-

https://www.livelaw.in/top-stories/supreme-court-yashovardhan-azad-chalo-sansad-student-protests-victims-plea-against-use-of-pellet-guns-543538

ESTIMATION OF VALUATION SURPLUS AS AT 31/3/2026

ESTIMATION OF VALUATION SURPLUS AS AT 31/3/2026

LIC has stopped publishing the figures of valuation surplus in the Annual Reports for the last few years and my requests for the information under RTI Act 2005 has also been denied by the CPIO.

So, I thought of estimating the valuation surplus as at 31/3/2026 bu using the figures in the public domain adopting the following methodology:

 Valuation Surplus is the sum of Par Surplus (PS) and Non-par Surplus (NPS) under the policies in the Corporation. Presently 90% of the Par Surplus is distributed to policyholders by way of bonus under wih profit policies.10% of par surplus is paid to the shareholders.100% of non-par surplus is paid to the shareholders.

The Central Government received a dividend cheque for Rs 12207.75 Cr from LIC.

LIC owns 96.5% of the share s presently and the Public own 3.5% of the equity shares in LIC

The Policyholders received Bonus to the extent of Rs 59726 cr being the 90% of the Par-Surplus.

LIC got an amount of 96.5% of the amount from Par-Surplus, viz, Rs 6403.954.

Let NPS be the total non-par valuation Surplus. Then LIC got 0.965* NPS.

Let NPS be the total non-par valuation Surplus of LIC as at 31/3/2026.

This gives the equation

(6403.954)+(0.965 * NPS)= 12207.25.

ie

0.965*NPS=(12207.25 - 6403.954)

So

NPS=(12207.25 - 6403.954)/0.965

=(5803.296)/.965

=6013.778

Solving this equation, we get NPS= 6013.778

 PS= (59726×10/9)=66362.22

Total Valuation Surplus =PS+NPS= 66362.22+6013.778= Rs 72376 Cr.

Actuaries may validate my estimation of possible or enlighten me if I have gone wrong.

C H MAHADEVAN

Prof. Veezhinathan Kamakoti..

In the summer of 1980, a distraught 7th grade boy stood in the courtyard of a modest house in Mylapore, watching his father toss his cricket bat down a deep well. A fast bouncer had shattered the boy's spectacles during a local match & his father, a renowned Sanskrit logician, was terrified for his son's sight.

"Your cricket days are done," his father declared, handing him a violin. "If you want to master precision, master this."

The boy did not throw a tantrum. He directed his focus toward the strings, training until he was performing alongside musical legends, even taking direct corrections from Bharat Ratna M.S. Subbulakshmi.

5 yrs later, he suffered another blow: he failed to clear the IIT-JEE examination.

He did not give up. He enrolled in a regional engineering college, quietly mastering computer science logic gates. He eventually worked his way into IIT Madras as a postgrad researcher, earned a PhD, joined as a prof & eventually became the Director of the very institute that had once turned him away.

By 2011, while the world was building consumer mobile apps, this prof was looking at a hidden national vulnerability: every radar, fighter jet, banking server & defense system in India was running on foreign-designed microprocessors.

He had a single question in his mind: "We can test that a foreign chip does what we WANT it to do. But can we guarantee it does not do something we DO NOT want it to do when a war starts?"

He proposed building a completely indigenous, industrial-grade microprocessor from scratch. Global tech giants insisted it could not be done w/o billions of dollars in infrastructure & massive foreign patents.

He did not care. Working out of cramped labs on long shifts, he & his team adopted the open source RISC-V instruction set. They hand-coded logic gates, mapped silicon layouts & verified billions of instruction cycles.

In July 2018, a tiny 16mm² piece of silicon codenamed Risecreek arrived back at the lab. The team wired it up, flipped the switch & watched a flickering monitor as the Linux operating system booted on 100% Indian-designed silicon for the 1st time in history.

Today, his SHAKTI processor architecture powers everything from defense communications to space grade controllers built in collaboration with ISRO.

That young boy whose father threw his cricket bat down a well...

The student who missed the JEE list in 1985...

The violinist who turned down the official IIT Director's mansion to stay in his family home & protect his late father's Sanskrit library...

His name is Prof. Veezhinathan Kamakoti..

Forwarded

C T JOSHI 

The Life Insurance Corporation of India paid a dividend of ₹12,207.25 crore to the govt for the financial year 2025–26

The Life Insurance Corporation of India paid a dividend of ₹12,207.25 crore to the govt for the financial year 2025–26. For the previous financial year, LIC paid a total dividend of ₹7,324.34 crore to the Govt. LIC has also declared that it had ₹59.03 lakh crore in assets as on 31 March 2026. No other listed public sector enterprise or bank has paid a dividend as high as LIC’s ₹12,207.25 crore for the financial year 2025–26. The associates of LIC—field force, staff and policyholders—deserve huge applause on this occasion, without whose wholehearted contribution this kind of milestone achievement would not have been possible. Not merely receiving the dividends, the govt should also try to propagate the importance of public sector LIC among the youth and the new generation. If functional autonomy to LIC, without further disinvestment, is given, it will further excel in the competitive market. 

CONGRATULATIONS TO LIC ON ITS PURPOSEFUL EXISTENCE OF 70 YEARS IN THE SERVICE OF THE PEOPLE AND THE NATION.

LIC HANDS OVER DIVIDEND CHEQUE TO GOVERNMENT OF INDIA

Yahoo Mail: Search, organise, conquer

Lok Sabha Passes Public Examinations Amendment Bill 2026; Minimum 5 Year Jail For Exam Malpractices

Lok Sabha Passes Public Examinations Amendment Bill 2026; Minimum 5 Year Jail For Exam Malpractices


https://www.livelaw.in/top-stories/lok-sabha-passes-public-examinations-amendment-bill-2026-minimum-5-year-jail-for-exam-malpractices-543404

Rajya Sabha Passes Bill Criminalising Insult To Vande Mataram, Giving It Same Legal Protection As National Anthem

Rajya Sabha Passes Bill Criminalising Insult To Vande Mataram, Giving It Same Legal Protection As National Anthem

https://www.livelaw.in/top-stories/rajya-sabha-passes-bill-criminalising-insult-to-vande-mataram-giving-it-same-legal-protection-as-national-anthem-543415

8th Central Pay Commission: Family unit increase for fitment factor & report timeline 8वें वेतन आयोग पर राज्यसभा में सरकार का आधिकारिक जवाब | StaffNews

8th Central Pay Commission: Family unit increase for fitment factor & report timeline 8वें वेतन आयोग पर राज्यसभा में सरकार का आधिकारिक जवाब | StaffNews: 

8th Central Pay Commission: Government Replies on family unit increase for fitment factor & report timeline 8वें वेतन आयोग पर राज्यसभा में सरकार का

NEET protest update_29

Wed, 29 Jul 2026 at 10:45 am

Subject: NEET protest update_29

Supreme Court declines urgent hearing on plea against police action on student protesters.

India.com World News Update NEET protest update: Security forces followed all SOPs; use of pellet guns was authorised, reveals CRPF report Read Full Story →   You're receiving this email because you subscribed to India.com updates. © 2026 India.com. All rights reserved. Unsubscribe from this mailing list

LOW RENEWAL RATES OF LIFE INSURANCE POLICIES

 

MINISTRY OF FINANCE

DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA UNSTARRED QUESTION No. 1040

ANSWERED ON TUESDAY, 28 JULY, 2026/ 6 SHRAVANA, 1948 (SAKA)

1040 SHRI RAJINDER GUPTA:

Will the Minister of Finance be pleased to state:

• (a)
  whether Government has taken note that, as per IRDAl data, the life insurance industry's average 13th-month persistency ratio stood at around 63 percent in 2025 and that persistency declines further at later checkpoints, with 61st-month (5-year) persistency for many insurers falling in the 45-55 per cent range;
• (b)
  whether Government has reviewed the factors contributing to these persistency trends; and
• (c)
  whether any measures, such as standardised post-sale reminder and reinstatement communication and enhanced grace periods for policyholders facing economic disruption, are under consideration to improve persistency rates?

ANSWER