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Central govt pensioners alert! New pension application process introduced for retiring employees

A new Single Pension Application Form 6-A has been introduced for retiring employees to submit their pension claims, effective from November 16, 2024. This form will be available for online submission through the Bhavishya and e-HRMS platforms starting October 15, 2024. Retiring central government employees are now required to fill out the new Form 6-A

NPS Calculator: How much to invest in NPS for Rs 5 lakh monthly pension? Check calculation

NPS Calculator: The National Pension System (NPS) has gained recognition as a prominent retirement planning instrument for employees in both the public and private sectors across the nation. It is specifically designed to promote long-term savings for retirement, offering an effective means to accumulate a pension corpus. For individuals seeking to secure a pension through

No GST on term life, health insurance plans for senior citizens? What we know so far

The Goods and Services Tax (GST) Council is expected to consider a proposal to remove GST (goods and services tax) on premiums for term life and health insurance. The proposal, if approved, will offer a significant relief to policyholders and support the insurance sector by lowering costs. The Group of Ministers (GoM) on GST recently

PepsiCo Bottler Varun Beverages posts Q3 profit at Rs 619.61 crore, revenue rises by 25.3% YoY

Varun Beverages, one of the largest bottling partners of PepsiCo, on Tuesday reported a profit growth of 23.7 per cent for the third quarter of CY2024 at Rs 619.61 crore in comparison to Rs 501.07 crore recorded during the corresponding quarter of last year. It posted revenue from operations at Rs 4932.06 crore, up 25.3

Paytm swings back to profit at Rs 928.30 crore on gains from ticketing business sale, revenue drops by 34.1% YoY

One 97 Communications Ltd, the parent company of Paytm, on Tuesday reported its fiscal second quarter earnings with profit at Rs 928.30 crore, in comparison to a loss of Rs 290.50 crore during the corresponding quarter of previous financial year. “With a one-time exceptional gain of Rs 1,345 crore, on account of sale of entertainment

This multi-bagger PSU Defence Stock is down 25% from its highs – What’s the trigger?

Mazagon Dock Shipyards fell as much as 6.2% to an intra-day low of Rs 4,375.35 ahead of the board meeting for declaring Q2 results. The stock has fallen 25% from an all-time high of Rs 5,860.  Recently, the company announced that its Board of Directors will meet to consider an interim dividend for FY25 and

Ola Electric shares surge over 4% after resolving 99.1% complaints from Consumer Protection forum

Ola Electric Mobility’s share price rose over 4% in early trade on Tuesday after the company announced that it had resolved most complaints received from the Central Consumer Protection Authority (CCPA). The stock spiked as much as 4.45%, reaching a high of ₹85.30 on the Bombay Stock Exchange (BSE). Resolution of Complaints The electric two-wheeler

Share Samadhan jumps 20% in two days after securing Rs 1,240 Crore consulting contract

Shares of Share Samadhan Limited rose over 3%, reaching an intra-day high of Rs 77.22 on the BSE after the company announced that it secured a contract for litigation funding consulting related to emerging claims, including damages estimated at approximately Rs 1,240 crore. The engagement will operate on a success-fee basis, with final fees tied

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