Latest news with #MIS
News18
2 days ago
- Business
- News18
Post Office MIS: How Much Monthly Interest Will You Earn On Rs 1 Lakh Deposit?
In today's uncertain financial climate, every family wants their savings to be secure while earning steady returns. While the stock market is often seen as a path to big gains, it carries the risk of market fluctuations. For those who prefer safety, bank fixed deposits, post office term deposits, and recurring deposits remain trusted choices for lakhs of middle-class households in India. (News18 Bengali) The Indian Post Office offers various savings schemes designed to meet the needs of ordinary citizens, providing both security and assured returns. These include Recurring Deposits (RD), Term Deposits (TD), Public Provident Fund (PPF), Kisan Vikas Patra, and the popular Monthly Income Scheme (MIS), which provides fixed monthly interest credited directly to your bank account. (News18 Bengali) 3/5 At present, the Post Office MIS offers a 7.6% annual interest rate. You can start with as little as Rs 1,000, while the maximum investment is Rs 9 lakh for a single account and Rs 15 lakh for a joint account with up to three holders. To open an MIS account, you must have a savings account with the post office. The scheme matures in five years, after which the principal is returned in full. (News18 Bengali) If you invest Rs 1,00,000 in the MIS, you will receive a fixed monthly interest of Rs 633 at the current rate. Over the five-year term, this offers steady income alongside the full return of your initial investment at maturity. (News18 Bengali) With guaranteed monthly payouts and capital protection, the Post Office MIS is a reliable choice for risk-averse investors seeking a blend of income security and peace of mind. (News18 Bengali)
Argaam
5 days ago
- Business
- Argaam
MIS renews SAR 340.3M credit facilities with SAB
Al Moammar Information Systems Co. (MIS) amended and renewed the SAR 340.27 million Shariah-compliant credit facility with Saudi Awwal Bank (SAB). The company said in a statement on Tadawul that the final agreement was signed on Aug. 10, 2025, and will run until Aug. 2, 2026. MIS issued a promissory note equal to the facility's value as collateral. The funds are intended for new project contracts and issue letters of credit and guarantees. The company confirmed that there are no related parties involved.
Hindustan Times
09-08-2025
- General
- Hindustan Times
Ludhiana: DEO cracks down on student safety lapses in primary schools
In a move to ensure student safety and improve infrastructure, Ravinder Kaur, district education officer (elementary), along with her team including management information system (MIS) coordinator Vishal Kumar, conducted a surprise inspection of several government schools across the city on Friday. The visit was aimed at reviewing classroom conditions and identifying unsafe rooms or buildings within the school premises. Ludhiana, India – August 08, 2025: Ravinder Kaur, District Education Officer (Elementary), conducted a surprise inspection of several government schools across the city on Friday, aimed at reviewing classroom conditions and identifying unsafe rooms or buildings within the school premises in Ludhiana on Friday. (HT Photo) Among the institutions visited were government primary schools (GPS) in Division Number 3, Madhopuri and Lakkar Bazaar. DEO Kaur mentioned that during her visit at GPS Division Number 3, one classroom and an adjacent storeroom were found to be structurally unsafe. 'Despite the structural concerns, the school was found to be maintaining a healthy learning environment. The mid-day meal facilities were clean and well-maintained, and the students' academic progress under the state's Mission Samrath programme was found satisfactory,' she added. The Lakkar Bazaar school, currently functioning from the premises of Government Senior Secondary School (multipurpose), raised further safety concerns. The kitchen and the adjoining verandah were identified as structurally unsafe. The school head was instructed to take immediate steps to ensure student safety and to maintain cleanliness in and around the school premises. 'At Government Primary School, Madhopuri, while the academic level of students was found satisfactory during the inspection, cleanliness remained a major issue,' noted Kaur. Piles of garbage near the main gate prompted the DEO to instruct the school in-charge to coordinate with the local municipal councillor to get the area cleaned. Further, she advised strict monitoring to ensure hygiene is maintained in the future, keeping in mind the health and safety of the children. The DEO emphasised that the safety and well-being of students is the top priority and directed school authorities to take immediate corrective measures wherever required. 'The concerns regarding unsafe buildings have been duly noted, and necessary action will be initiated promptly,' she affirmed with assurance.
Time of India
08-08-2025
- Business
- Time of India
Further infra push: Maoist-affected regions get road works worth 195cr
Raipur: Sanctioning more road projects Maoist-affected regions of Chhattisgarh, Centre has approved Rs 195 crore to state under the road connectivity project for left wing extremism affected areas (RCPLWEA) for the financial year 2025–26. Tired of too many ads? go ad free now The move aims to enhance road connectivity and public service access in remote, conflict-hit areas that have long suffered from poor infrastructure and inaccessibility, officials said. The sanction was issued as part of Union ministry of finance's 'Just-in-Time' fund release system via the SPARSH (single nodal agency) mechanism for centrally sponsored schemes (CSS). The allocation comprises Rs 190.6125 crore under programme fund for physical works and Rs 4.3875 crore under administrative fund for monitoring, evaluation, and capacity building. According to the official release issued by PIB, the funds will be used to construct and upgrade rural roads, bridges, and cross-drainage structures across forested and interior regions in districts including Dantewada, Bijapur, Sukma, Narayanpur, Kanker, Bastar, Rajnandgaon, Balrampur, Kondagaon, and Jashpur, among others. The focus will be on building all-weather roads, improving existing transport routes, and connecting isolated habitations to block and district headquarters, health centres, schools, and markets. Officials said that the improved connectivity will not only enhance govt and last-mile delivery of services but also facilitate economic opportunities and contribute to long-term peacebuilding in Maoist-hit areas. The Rs 4.38 crore earmarked as administrative fund will support technical assistance, data management through MIS, and capacity building of field-level staff and engineers to ensure timely implementation. Tired of too many ads? go ad free now Ministry of rural development has directed Chhattisgarh govt to expedite the utilisation of the sanctioned funds and ensure strict compliance with the project guidelines. It has also reminded the state to follow fiscal protocols, including closure of SNA accounts post-project and the return of unspent funds—both central and state shares—to their respective consolidated funds.
Time of India
06-08-2025
- Time of India
PU rolls out QR-based parking stickers for students
Chandigarh: Panjab University, Chandigarh launched its new-generation secure parking stickers for Day scholar students, for the academic session 2025–2026. The parking stickers were officially launched by PU vice-chancellor Prof Renu Vig in the presence of dean student welfare Prof Amit Chauhan, DSW (W) Prof Namita Gupta, ADSW Prof Naresh Kumar, director public relations Dr Vineet Punia, chief of university security Vikram Singh and some students, who received the stickers. Tired of too many ads? go ad free now The advanced stickers are embedded with a QR code for digital verification, a tamper-proof hologram, and a unique encrypted symbol to prevent misuse and duplication. The QR codes were securely generated in-house by students of the Computer Science & Engineering Department, UIET, who were appointed under the Earn-while-Learn scheme, by the DSW office, showcasing the university's commitment to promoting student engagement in real-time applications and skill-building. The stickers are printed on a high-quality reflective surface, ensuring better visibility during both day and night, and enhancing overall security. Student data for sticker issuance is being collected through the PU MIS portal, enabling a centralised, transparent, secure, and efficient application process. This initiative is aimed to regulate vehicular movement, strengthen campus security, and implement a modern, technology-driven access control system. Stickers will be issued to eligible day scholar students. Applicants need to register through the PUMIS portal and validate it through the chairperson. After the completion of the Sticker distribution drive, vehicles without valid stickers will not be allowed entry into the campus. Misuse, tampering, or unauthorized transfer of stickers will attract strict disciplinary action. Prof Vig deeply appreciated the efforts of the team for developing and efficiently executing this initiative, in a short span of time.
