All central government employees covered under the National Pension System (NPS) must exercise an option to choose their terminal benefits at the time of joining service, the Department of Pension and Pensioners’ Welfare said in an Office Memorandum issued on October 26. It said that employees are required to fill out Option Form 1 to
To cater to the increasing number of Indian students pursuing education overseas, Gradding, a prominent foreign education consultancy in India, is developing a portfolio of Purpose Built Student Accommodation (PBSA) globally. These affordable options have been tailor made to the specific needs of Indian students, giving them a suitable place to live, interact, and evolve.
Jewellery and watchmaker Titan on Tuesday reported a 23.1% year-on-year decline in consolidated net profit to Rs 704 crore for the quarter ended September, missing Street estimates by a wide margin. The drop came amid a customs duty reduction announced during the Budget in July, the company said. A poll of analysts by Bloomberg had
KTM finally unveils the 390 Adventure R at EICMA 2024. The new KTM 390 Adventure is completely new, meaning it gets a new chassis, engine, cycling parts, and more. The R version is the range-topping variant in the Adventure range and is expected to come to India next year. KTM 390 Adventure R — Platform
The highly anticipated Royal Enfield Classic 650 was officially unveiled at EICMA 2024 in Milan. The manufacturer has opened bookings in the UK and Europe, while they will begin in India in January 2025. Royal Enfield Classic 650 Black Chrome. (Image: Royal Enfield) Royal Enfield Classic 650: Design The Classic 650 is built on the
Skoda is gearing up to launch its first subcompact SUV in India. With this Czech carmaker will re-enter the sub-4 metre space in the country after the Fabia was discontinued in early 2020. Ahead of its debut tomorrow, the Czech carmaker has started its aggressive promotional campaign for the Kylaq on its social media platforms.
The Election Commission of India rescheduled the polling date in 14 Assembly constituencies across Kerala, Punjab and Uttar Pradesh to November 20 following “large scale social, cultural and religious engagements” of people from various communities. The by-elections were set to be held on November 13 earlier. The Assembly Constituencies are Palakkad in Kerala; Dera Baba
Royal Enfield has announced the pricing of the Bear 650, the Scrambler based on the Interceptor 650, which was unveiled a few weeks back. The Royal Enfield Bear 650 is priced at Rs 3.39 lakh, ex-showroom. The Bear 650 is a more off-road-focused version of the Interceptor and features a lot of different components compared
Interarch Building Products on Sunday announced that it has received two major projects worth Rs 221 crore from Tata Projects. The first order, it added, is for Tata Semiconductor Assembly & Testing Pvt Limited, for their semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This is a key initiative in India’s growing semiconductor ecosystem, aligned with
The Employees’ Pension Scheme (EPS), run by the Employees’ Provident Fund Organisation (EPFO), is one of India’s largest social security programmes. Under this scheme, employees receive a monthly pension based on their service period and salary. Launched on November 16, 1995, the EPS is designed to provide regular income to organised sector employees after retirement.
The debate over Larsen & Toubro (L&T) Chairman SN Subrahmanyan’s controversial pitch for a 90-hour workweek has sparked reactions from several corporate leaders. Subrahmanyan, in a viral Reddit video, remarked to his employees, “What do you do sitting at home? How long can you stare at your wife? Come on, get to the office and
Industrialist Gautam Adani met Chhattisgarh Chief Minister Vishnu Deo Sai on Sunday and announced a major investment of Rs 65,000 crore for the state. This investment, aimed at expanding the Adani Group’s energy and cement projects, is expected to drive significant growth in the region. The meeting took place at the Chief Minister’s official residence
The Reserve Bank of India (RBI) has come out with a circular on FAQs clarifying doubts regarding resetting of floating interest rates on personal loans with equated monthly installments (EMIs). The FAQs, issued on January 10, will improve transparency, give borrowers more control, and bring more clarity to how lending institutions operate. It is important
