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HDFC Life declares record bonus of Rs 4,596 Cr for 22.2 lakh policyholders

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HDFC Life declares record bonus of Rs 4,596 Cr for 22.2 lakh policyholders

HDFC Life has announced a record bonus of Rs 4,596 crore for its participating policyholders, reinforcing its commitment to delivering long-term value and financial security. The bonus was approved during the company’s Board meeting held on April 16.

The insurer said the bonus — its highest ever declaration — will benefit 22.2 lakh participating policyholders, reflecting the company’s customer-centric approach, consistent financial performance and prudent management practices.

Out of the total bonus declared, an estimated 3,761 crore will be paid to policyholders during FY2026-27 through maturity and survival benefits. The remaining amount will accrue and be payable in the future in accordance with policy terms and conditions.

Commenting on the development, Eshwari Murugan, Appointed Actuary and Chief Actuary at HDFC Life, said the annual bonus declaration reflects the company’s commitment to creating steady long-term value for policyholders.

“The trust reposed in us by policyholders motivates us to consistently deliver reliable outcomes across market cycles. We remain focused on prudent financial management, customer-centric innovation and ensuring financial security for every Indian family we serve,” Murugan said.

The company said the declaration underlines its disciplined investment strategy, robust risk management framework and focus on sustainable growth, enabling stable and predictable bonus outcomes for policyholders even in a dynamic macroeconomic environment.

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Unemployed ‘youngsters like cockroaches’ become media, activists; attack system: CJI

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Unemployed ‘youngsters like cockroaches’ become media, activists; attack system: CJI

Likening some unemployed youngsters to cockroaches, Chief Justice of India (CJI) Surya Kant on Friday said they go on to “become” media, social media and RTI activists and start attacking the system.

The comments came while a bench of CJI Kant and Justice Joymalya Bagchi was pulling up a lawyer for “pursuing” a senior advocate designation. It said there were already “parasites” in society who attack the system and asked the petitioner whether he wanted to join hands with them.

“The entire world may be eligible to become senior (advocate), but at least you are not entitled,” the bench told the petitioner lawyer. A visibly anguished CJI observed that if the Delhi High Court would confer senior advocate designation upon the petitioner, the apex court would set that aside seeing his professional conduct.

The CJI also referred to the kind of language used by the petitioner on Facebook. “There are already parasites of society who attack the system and you want to join hands with them?” he said.

“There are youngsters like cockroaches, who don’t get any employment or have any place in profession. Some of them become media, some of them become social media, RTI activists and other activists and they start attacking everyone,” he said. The bench also asked the petitioner whether he did not have any other litigation.

“Is this the conduct of a person who seeks to be designated as a senior advocate?” the bench asked. It said senior advocate designation is something that is conferred on a person and is not to be pursued.

“You are pursuing it. Does it look proper?” the top court said, asking whether a senior advocate designation was a status symbol to be kept ornamentally.

It also observed that it wanted to ask the Central Bureau of Investigation (CBI) to verify the degrees of many of those who were wearing black robes as there were serious doubts over the genuineness of their degrees. It said the Bar Council of India would never do anything on this issue as they “need their votes”. The petitioner apologised to the bench and sought permission to withdraw the petition. The bench allowed the withdrawal of the petition.

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Trump cautions Taiwan against declaring Independence

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Trump cautions Taiwan against declaring Independence

US President Donald Trump has cautioned Taiwan against formally declaring independence from China, reiterating Washington’s long-standing position on the sensitive issue, according to the BBC.

Speaking to Fox News as reported by the BBC, after concluding a two-day summit in Beijing with Chinese President Xi Jinping, Trump said, “I’m not looking to have somebody go independent.”

Trump said he wanted tensions over Taiwan to “cool down” and stressed that US policy had not changed. “We’re supposed to travel 9,500 miles to fight a war. I’m not looking for that. I want China to cool down,” he said.

The remarks came amid growing tensions between China and Taiwan. Beijing claims the self-ruled island as part of its territory and has not ruled out using force to take control.

Taiwanese President Lai Ching-te has previously said Taiwan does not need to formally declare independence because it already considers itself a sovereign nation.

On his return flight to Washington, Trump told reporters he and Xi had discussed Taiwan extensively but said he declined to comment on whether the US would defend the island in the event of conflict.

According to Chinese state media quoted by the BBC, Xi warned that the Taiwan issue was “the most important issue in China-US relations” and cautioned that mishandling it could lead to conflict between the two nations.

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Adopt result-oriented approach to law enforcement: IGP Jammu

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Adopt result-oriented approach to law enforcement: IGP Jammu

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Museum, checkpoint open at historic war site along LoC

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Museum, checkpoint open at historic war site along LoC

“This is a message from the entire nation that we always remember our brave soldiers and will always remember them… the mountains stand as witness to the unity of our soldiers,” Jammu and Kashmir Lt Governor Manoj Sinha said on Thursday while inaugurating the facilities.

Located at an altitude of 10,269 feet, the state-of-the-art Integrated Transit Facility and Shaurya Gatha (Heroism Tale) is atop the Sand Model Hill in the rugged Shamshabari Range. It falls between Karnah and Kupwara, a route through high, forested passes connecting to the Kashmir Valley.

While the Integrated Transit Facility is a checkpost to stem the trade of drugs, the war museum built by the 28 Infantry Division and the 104 Brigade of the Army recalls tales of valour and courage. Both the facilities at the Sadhana Pass, formerly known as Nastachun Pass, were built in less than two years.

The name of the pass changed when the “Mere Mehboob” actor visited in October 1965 to congratulate Indian troops on their victory against Pakistan. The peaks that were occupied then were later handed back to Pakistan after the Tashkent Agreement.

On Thursday, the atmosphere was festive. People from nearby areas gathered at the site to welcome Sinha. The event follows the Defence ministry’s January 2025 decision to promote the area as one of India’s premier Battlefield Tourism Destinations.

Addressing the gathering of soldiers, veterans and locals, he described the complex as a living symbol of sacrifice.

He said the “emotional distance” between the civilian population and the soldiers guarding the frontiers must be bridged.

“Whether it is a young man from Tamil Nadu, UP or Kerala, when he stands on this soil, he will find a spirit of bravery that no book can teach,” he said.

Sinha encouraged people to choose the spot as their holiday destination and said visiting a “holy land” such as this would be a homage to martyrs and also strengthen the local economy.

He also spoke on the issue of drug trafficking from across the border and lauded the Army for its dual role — protecting the borders and spearheading the ‘Nasha Mukti’ (Drug-Free) campaign.

“This is a place from where our enemy attempts to fuel the business of ‘nasha’ (drugs),” Sinha warned, thanking the Army for building the new facility that includes airport-like infrastructure as a strategic move to curb smuggling.

He told the Jammu and Kashmir Police to adopt a “zero-tolerance” approach to the matter and specifically called for rigorous monitoring of transport routes to prevent the entry of illegal substances.

The checkpoint, where everyone will be frisked, will also have trained dogs.

The Shaurya Gatha museum, on the other hand, is expected to boost regional tourism. It curates relics, records, and narratives to immortalise the battles fought in Tangdhar region since independence. The place has been the battle-stage for all the three India-Pakistan wars.

Visitors can also visit the Harbaksh Viewpoint, a vantage point named after then Brigadier Harbaksh Singh, who commanded the capture of Tangdhar and Tithwal during the 1947-48 war.

There is also a Pahari Cultural Centre that preserves the heritage and folklore of the people of Tangdhar.

Sinha praised the engineers and Army officers who completed the project in a record time and said the true power of India lies not just in its weapons, but in the “character of its citizens”.

“Our martyrs never asked what the country would do for them; they shed their blood to fulfil their duty,” he said. “This complex ensures their stories will live in the heart of every Indian, passing the values of our brave men and women to the generations to come.”

The event was attended by senior officers, including Lt Gen Pratik Sharma, General Officer Commanding-in-Chief (GOC-in-C), Northern Command, Lt Gen Balbir Singh, GOC XV Corps, and Brigadier Dharmendra Yadav.

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India can play greater role for West Asia peace: Iranian Foreign Minister

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India can play greater role for West Asia peace: Iranian Foreign Minister

Addressing a press conference here, he said there is no military solution to anything related to Iran.

He also said Iran is ready to help pass all vessels through the Strait of Hormuz, adding the situation in Strait of Hormuz is very complicated now.

Araghchi, who is in New Delhi to attend a BRICS conclave, said there can’t be any solution other than a negotiated settlement on the West Asia crisis.

“We will welcome any constructive role by India,” he said.

On negotiations with the US, he said these are “suffering from trust”.

“Iran has every reason not to trust US while Americans have every reason to trust us,” he said.

According to Araghchi, mediation by Pakistan has not failed yet. He also asserted Iran has never wanted nuclear weapons.

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India ready to extend all possible support for West Asia peace: PM Modi

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India ready to extend all possible support for West Asia peace: PM Modi

The Modi-Al Nahyan meeting took place shortly after the prime minister landed in the Gulf nation in the first leg of his five-nation tour that also includes four European countries.

We condemned the attacks on the UAE, Modi said in his opening remarks in the meeting with the UAE leader.

The UAE, which hosts a prominent US military base, has been at the receiving end of Iranian strikes during the ongoing US-Israeli war on Iran.

Modi further said, “The way UAE has been targeted is not acceptable” but “the way UAE has handled the current situation with restraint is praiseworthy.”

The prime minister highlighted how the impact of the West Asian conflict is being felt globally, adding: “India is ready to extend all possible support to bring peace in West Asia.

The prime minister was received at the airport by the UAE President, reflecting the importance attached by the country to Modi’s visit. The Indian leader was was also accorded a guard of honour.

I extend my thanks to my brother Sheikh Mohamed bin Zayed Al Nahyan for his “gracious gesture” in receiving me at Abu Dhabi Airport, Modi said on social media.

“And I look forward to our discussions aimed at strengthening the ties between India and the UAE across key sectors, such as energy, investment, supply chains, and more,” he said.

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Srinagar-Jammu NH open for 2-way traffic

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Srinagar-Jammu NH open for 2-way traffic

Traffic authorities said that, subject to fair weather and favourable road conditions, the highway will continue to remain open for two-way movement of LMVs and heavy vehicles on Saturday as well.

Officials reported heavy congestion along different stretches of the highway, particularly between Marog and KishtwariPather, where single-lane road conditions led to major bottlenecks.

The situation worsened after four heavy vehicles developed technical snags between Nashri and Banihal, disrupting the smooth flow of traffic.

The movement of large nomadic herds along the Nachlana-Banihal stretch also contributed to prolonged traffic delays.

According to officials, nearly 14 nomadic herds crossed the highway on Friday, while several more herds are expected to move along the route in the coming days, which may further impact vehicular movement.

“Traffic movement on the single-lane stretch between Marog and KishtwariPather is likely to remain slow due to the ongoing movement of nomadic herds,” officials said.

Authorities have advised commuters to maintain strict lane discipline and avoid overtaking, warning that wrong-lane driving and traffic violations could trigger further jams on the highway.

Passengers and operators of LMVs have also been urged to travel only during daytime hours and avoid night journeys due to the risk of shooting stones, landslides, and ongoing road construction work between Ramban and Banihal, and continued nomadic movement along the route.

Traffic Control Units in Jammu and Srinagar, in coordination with district authorities in Ramban, are closely monitoring the situation. Commuters have been advised to check the latest traffic and weather updates before undertaking their journey on the highway.

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Police solve blind murder, kidnapping case

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Police solve blind murder, kidnapping case

Police Station Khansahib received information at around 3:05 am regarding an accident at ChekSheera, Khansahib, where an unknown vehicle had allegedly run over a female pedestrian, resulting in her death. Accordingly, FIR No 96/2026 under Sections 125A and 281 of the Bharatiya Nyaya Sanhita (BNS) was registered at Police Station Khansahib and investigation was initiated.

During investigation, it surfaced that the minor daughter of the deceased woman had been kidnapped and that the murder took place when the deceased attempted to prevent the kidnapping.

Acting swiftly, Police team launched an intensive investigation involving the analysis of multiple CCTV footages and technical evidences.

Through sustained efforts, the accused was traced and arrested from Parimpora, Srinagar, and the kidnapped child was recovered safely within 12 hours of the incident.

Subsequently, relevant sections of law pertaining to murder and kidnapping were added to the case.

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NEET-UG re-exam on June 21, computer-based test from next year: Dharmendra Pradhan

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NEET-UG re-exam on June 21, computer-based test from next year: Dharmendra Pradhan

Addressing a press conference, Pradhan said students’ future remains the government’s topmost priority, adding that there will be “zero tolerance” for any irregularities found in the conduct of the NEET-UG. Strict action is being taken, he said.

National Eligibility cum Entrance Test (Undergraduate) held on May 3 was cancelled following allegations of irregularities in the examination process.

Informing that the duration of the re-test has been extended by 15 minutes, Pradhan said the candidates will also get to choose their preferred test cities again and that they will get their admit cards by June 14, he said.

The central government will also coordinate transport arrangements for the students with the state governments, he said.

“Our topmost priority is the future of the students. I want to appeal to society, especially to all students, to appear for the examination without fear. The government stands with you. We will not let malpractice happen this time,” he said.

“We did not want any mafia conspiracy or money power to snatch away your seat. We did not want that to happen. That is why we had to take a tough decision. As guardians, as officials entrusted with responsibility, and as a minister, we are all deeply saddened and concerned by what has happened,” the minister said.

The minister said after irregularities surfaced last time, the Radhakrishnan Committee was constituted, and its recommendations were implemented.

“Despite that, this incident occurred. Therefore, our first step was to cancel the examination,” he said.

“To those creating fear and disturbances, I want to say through you: stay away from the upcoming examination process. Otherwise, they will have to face punishment,” Pradhan added.

The education minister explained that the issue came to light after objections were received through the NTA grievance system regarding alleged overlaps with “guess papers”, following which a preliminary inquiry was initiated.

“The examination was conducted on May 3. By May 7, objections were received through the NTA’s grievance redressal system stating that certain questions appearing in the alleged ‘guess papers’ had also appeared in this year’s question set.

“Immediately, discussions were held, and both the NTA and the government, along with the Higher Education Department, initiated a preliminary inquiry,” he said.

Pradhan said then the matter was then handed over to the concerned agencies of the Government of India.

“The process effectively began on the night of May 7 and continued from May 8 onward. Within three to four days… on the 8th, 9th, 10th, and 11th… when we received clarity and became certain that questions had indeed been leaked under the guise of ‘guess papers’, we took action on May 12 in the interest of students.

“We did not want any deserving student to be deprived of their rights because of the conspiracy of education mafias or because an undeserving candidate benefited through unfair means,” the minister said.

He said the government has handed over the case to the CBI and expressed confidence in the probe. “CBI has rightly said… no one will be spared. Whether someone is within the NTA or outside it, no one will be spared,” he said.

“CBT mode of exam is comparatively better than OMR. It is a bit protected. Cybercrime has become a big world in itself. There are challenges, however, we will have to trust the system of our country,” Pradhan said.

The minister said students will also be given the option to select the cities they want to appear for the re-test in. “The NTA has decided to give students one week to choose their preferred examination city for re-test,” he said, adding NTA has decided to extend the examination duration by 15 minutes.

“The exam, which was scheduled from 2 pm to 5 pm, will now continue till 5.15 pm,” he said.

He said the admit cards for this examination will be issued to all candidates by June 14. The minister said the Centre will coordinate with states for transport arrangements and he will personally speak to the chief ministers.

“The Government of India will speak to the states regarding the arrangement of transport facilities,” he said, adding that NTA is also considering weather-related contingency arrangements for June 21.

The press conference by Pradhan comes after a high-level meeting was held late on Thursday evening at the minister’s residence to review preparations for conducting the exam afresh.

Greater Kashmir

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