The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for activating the Universal Account Number (UAN) and seeding Aadhaar in bank accounts to March 15 for the Employment-Linked Incentive (ELI) Scheme by the retirement fund body. The UAN activation and linking of bank accounts with Aadhaar is necessary to avail of benefits under the
Average housing prices across the top eight markets in India witnessed a 10% YoY rise during the last quarter of 2024, led by healthy demand momentum and positive market sentiment. Interestingly, average housing prices have been on a rising spree for the 16th consecutive quarter, starting 2021. Price appreciation was evident in all the eight
A significant surge in demand for high-value home loans has been witnessed, with the Rs 50 lakh – Rs 1 crore segment emerging as the most sought-after category in Q4 2024 (October-December 2024), according to MagicLoans, the home loan business of Magicbricks. This segment accounted for 36% of the total home loans disbursed by the
Prime Minister Narendra Modi has hailed Tata Group’s newly announced semiconductor assembly and test plant in Assam as a game-changer for the entire Northeast region. The greenfield facility in Morigaon, set to receive an investment of Rs 27,000 crore, is expected to produce up to 48 million semiconductor chips daily, significantly advancing India’s position in
Unilever on Tuesday announced that Hein Schumacher is stepping down as the Chief Executive Officer and as a Board Director on 1 March 2025. The company further added that he is leaving by mutual agreement, and will leave the company on 31 May 2025. Hein Schumacher said, “It has been a privilege to lead Unilever.