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Government to Selec t New Head of Insurance Regulation, Applications Now Open

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The current term of Debasish Panda, chairperson of the Insurance Regulatory and Development Authority of India (Irdai), will conclude on March 13. In light of this, the Ministry of Finance is now accepting applications for the position.

The Department of Economic Affairs has published an advertisement seeking candidates with “knowledge or experience in life insurance, general insurance, actuarial science, finance, economics, law, accountancy, administration, or any other relevant field that the Central Government deems beneficial to the Authority.”

Prospective applicants from the private sector should have served as a CEO or held an equivalent role in a major financial institution.

Furthermore, candidates must be under the age of 63 as of the vacancy date, March 14, 2025. The deadline for application submissions is April 6, 2025.

Applicants are required to possess a minimum of 30 years of pertinent experience and must have held a position as secretary to the Government of India or in a comparable government role, demonstrating strong leadership and decisive authority in their past roles.

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Debasish Panda, an IAS officer from the 1987 batch of the Uttar Pradesh Cadre, has previously served as the secretary for financial services and as additional secretary focused on insurance and financial inclusion.

The IRDAI operates as an autonomous, statutory entity under the Ministry of Finance, Government of India, with the responsibility of regulating and licensing the insurance and reinsurance sectors in India.

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National

Couple Uses Dupatta to Rescue Biker from Flash Flood

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National: A family in Himachal Pradesh’s Chamba risked their lives to rescue a biker trapped in a flash flood following heavy rainfall.

The incident occurred on the Kakiara-Tunuhatti road in the Bharmala area of Bhatiyat. Heavy rain caused water to flood the road, creating a strong and dangerous current.

The biker struggled to stay safe as he was caught in the fast-flowing water. Two women, including a newlywed woman, quickly used a dupatta as a makeshift rope to rescue him.

READ MORE:Three-Day Sri Krishna Janmashtami Celebrations at ISKCON Mangaluru

The biker held onto the dupatta while the family members pulled him towards safety. Another person also joined the rescue effort.

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A video of the incident has gone viral on social media. The family’s courage and quick thinking have received widespread praise online.

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National

Two Arrested for Alleged Assault on Minor Girl in Moving Bus

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Noida: Two men, including a bus driver and conductor, have been arrested for allegedly gang-raping a 16-year-old girl on a moving sleeper bus in Greater Noida.

Police said the incident occurred on August 4 when the girl boarded an empty bus while travelling to Noida Sector 63.

The accused allegedly assaulted the girl and later abandoned her near Kashmere Gate in Delhi, around 40 kilometres away.

Following the survivor’s complaint, police launched an investigation and arrested both accused from Timarpur in North Delhi.

READ MORE:Dr M.N. Rajendra Kumar Honoured by Namma Kudla Channel

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The bus has been seized, and CCTV footage and forensic evidence are being examined.

Further investigation is underway.

 

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21-Year-Old Model Murdered Inside Home, Gym Trainer Accused

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New Delhi: A 21-year-old woman was allegedly stabbed to death inside her home in West Delhi on Wednesday. The police suspect her gym trainer, identified as Imran, in the case.

The victim, identified as Muskan, was a student and model. She was reportedly alone at her home on the second floor of a building in Tilak Nagar when the incident took place.

According to the police, Imran allegedly attacked Muskan with a knife. He then fled from the spot.

Neighbours heard Muskan’s screams and rushed to her house. They found her lying in a pool of blood.

The neighbours immediately took her to a nearby hospital. However, she died while undergoing treatment.

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Police teams have launched a search for the accused. Investigators are also checking CCTV footage from the area to trace his movements.

Muskan’s friend Aman said she was the youngest of three sisters. He said her elder sister, who is in Chandigarh, called him after learning about the attack.

READ MORE:Onam Celebrations Held at Fortune Group of Hotels in Dubai

Aman said he immediately asked another friend to reach the house and take Muskan to the hospital. By the time he arrived, an ambulance had already taken her away.

He also claimed that Muskan’s sisters had earlier told him that Imran used to harass her. He said Imran had allegedly behaved in a similar manner in the past.

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The police are investigating the exact motive behind the murder. Further details are awaited.

 

 

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