Jio Financial, Allianz pump ₹640 cr into insurance bet
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This is an AI-generated summary. ShortSingh links to the original source for the complete article.
The United States Citizenship and Immigration Services has announced a significant increase in the minimum investment required for the EB-5 visa program. The fee will rise from $800,000 to $1.6 million for investments in targeted employment areas. The change is part of a new final rule published by the federal agency. The adjustment aims to account for inflation and is set to take effect 60 days after its publication in the Federal Register.
The Israeli government announced plans to intensify background checks on foreign pilots. This decision follows a recent incident involving a foreign airline's crew. The enhanced vetting is a national security measure aimed at preventing potential threats. The policy will be implemented in the coming weeks.
The Economic Times reports a surge in fraudulent gold hallmarking following a recent government-mandated fee increase for the certification process. Unscrupulous actors are now creating and selling counterfeit hallmarking certificates to jewellers seeking to avoid the higher official charges. This undermines the system intended to guarantee the purity of gold jewellery for consumers. Authorities are investigating these incidents to curb the illegal practice.
India has issued the final Corporate Average Fuel Economy (CAFE) 3 norms for automakers. These regulations mandate stricter fuel efficiency targets, requiring vehicles to achieve a minimum of 91.7 gm/km of CO2 emissions. The policy provides a clear compliance roadmap for companies from 2027 to 2032. The rules are intended to reduce emissions and align with the country's broader environmental goals.
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