The Executive Committee (EC) of the Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation’s (EPFO) on Saturday discussed the status of the pending applications of subscribers who opted for higher pensions, post a Supreme Court ruling in 2022. According to an official release, the panel was apprised about the expeditious examination of
As the markets have turned volatile, investing in hybrid funds can deliver better risk-adjusted returns through diversification. Investors with a moderate-to-high risk appetite should opt for aggressive hybrid funds. And those with low risk appetite, should look at balanced advantage funds. Aggressive hybrid funds invest 65-80% in equities and the rest in debt. On the
In a bid to ease the burden of subscribers, the Employees’ Provident Fund Organisation (EPFO) has simplified the process of correcting any member’s personal details on the EPF portal, and eased the way through which PF accounts are transferred during change of job. Sources said EPF members with fully compliant e-KYC accounts can file their
NPS Calculator: With retirement, your regular income from employment comes to an end, and if you don’t have any other source of income during your later years, you might find yourself in financial difficulties. In 2009, to help citizens avoid such a problem, the government extended the facility of the National Pension System (NPS), commonly
With the Centre recently agreeing to the central government employees’ demand for the 8th Pay Commission, will it now address their call to release the dearness allowance (DA) arrears frozen during COVID-19? The DA is typically revised twice a year, in January and July. However, after the COVID-19 pandemic broke out, the Centre withheld three
By Atul Shinghal How you invest and where you invest are two factors that define whether you will be able to achieve your financial goals within the stipulated timeline. Balancing risk and growth when selecting an investment style depends on several key factors. Financial goals Your financial goals are a key factor in determining your
Tax harvesting is one of the most effective ways to reduce the tax liability in equity investing. Investors can book tax-free long-term capital gains of up to Rs 1.25 lakh towards the end of the financial year. And those who have incurred losses, should book them as well. Investors with a large portfolio of stock
With the Centre announcing the formation of the 8th Pay Commission, the focus of central government employees has shifted to the Unified Pension Scheme (UPS). Government employees will see significant changes in their pensions under the National Pension System (NPS) and the UPS once the recommendations of the new pay panel are implemented next year.
Despite Zomato’s shares on Tuesday falling 10.91% to Rs 214.65 on the BSE, brokerages remain optimistic about the company’s long-term prospects. Analysts attribute the stock’s slide to short-term pressures from the company’s aggressive expansion of dark stores for its quick-commerce arm, Blinkit. However, they maintain that this strategy positions Zomato for sustained growth. Also ReadAdani
Rajasthan has emerged as the top state in attracting fresh project investments during Q3FY25, surpassing industrial giants like Maharashtra and Gujarat, according to data sourced from Projects Today, a firm tracking fresh and ongoing project investments in India. Rajasthan secured fresh project investments worth Rs 2,24,979 crore across 363 projects during Q3FY25, accounting for 19%
D2C snack brands like Go Desi, Beyond Snack, and Sweet Karam Koffee, among others, are making significant strides in international markets. Following in the footsteps of legacy giants like Haldiram, Bikanerwala, Balaji Wafers, Prataap Snacks, and Bikaji Foods, these startups are bringing authentic Indian flavours to a global audience. “The search for authenticity is fuelling
Bengaluru-based adtech unicorn InMobi is in advanced discussions to raise $400 million in a Series E funding round at a post-money valuation of $8 billion, according to sources familiar with the matter. The last known valuation of InMobi stood at $1.5 billion, making the projected $8 billion valuation a more than fivefold increase. Both existing
The government has disbursed Rs 1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceutical, in the first half of this financial year, a senior official said on Tuesday. This takes the total disbursement under the scheme to Rs 11,317 crore since its launch. The total outlay under the scheme
