Search Results for: provident fund

Sensex, Nifty end flat as markets turn to consolidation phase

Sensex trades flat ahead of Union Budget as investors keen on positive signs

At 9:55 a.m., Sensex was up 35 points or 0.04 per cent at 80,537 and Nifty was up 2 points or 0.01 per cent at 24,511

Jul 23, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Budget 24-25: FM all set to present her 7th Budget with major reforms

The Union Budget is unlikely to leave any subject that was not under focus during the recent elections

Jul 23, 2024

Farm sector gets boost as Agri Infra Fund mobilises Rs 73,194 crore: Eco Survey

The Agriculture Infrastructure Fund (AIF) launched by the Government to spur growth in the farm sector has succeeded in mobilising an investment of Rs 73194 crore, according to the Economic Survey released on Monday.

Jul 22, 2024

From pinnacle of presidency, Biden saw political career melt in pool of pathos

Starting as a local councillor 54 years ago, Joseph Robinette Biden reached his lifelong ambition of becoming the leader of the most powerful country only to see his career melt in a pool of pathos, his mental and physical capabilities called into question.

Jul 22, 2024

Top Al-Qaeda leader arrested from Pakistan's Punjab province

In a major operation, the Counter Terrorism Department (CTD) of Pakistan's Punjab province has arrested a top leader of the banned Al-Qaeda outfit from Gujrat city.

Jul 20, 2024

Union Budget: PM Modi to meet prominent economists today

PM Modi hails defence giant Lockheed Martin's Make in India, Make for World drive

Prime Minister Narendra Modi has applauded global defence giant Lockheed Martin's commitment towards realising the vision of 'Make in India, Make for the World.'

Jul 20, 2024

Top 5 Tips for Successful Mutual Fund Investing

Investing in mutual funds can be a rewarding endeavour if approached strategically. By understanding your investment goals, diversifying your portfolio, regularly monitoring your investments, using a step-up SIP calculator

Jul 18, 2024

India records robust services sector growth in June, hiring at 2-year high

ADB on same page with other global agencies, forecasts robust growth in India's industrial sector

The Asian Development Bank (ADB) has kept India's growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust growth in the industrial sector and a rebound in agriculture due to a better monsoon.

Jul 17, 2024

IMF Upgrades India's GDP Growth Forecast to 7% for 2024-25

India and China are expected to account for almost half of global growth in 2024

Jul 17, 2024

India signs MoU to fund 4 projects in Pacific Island nations

External Affairs Minister (EAM) S. Jaishankar, on Monday, highlighted the strengthening partnership between India and the Marshall Islands during the signing ceremony of a Memorandum of Understanding (MoU) to fund Four Community Development Projects in the island nation.

Jul 15, 2024

27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years

EPFO: 27 establishments, 30,000 employees contribute Rs 1,688 Cr to fund in 2 years

The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).

Jul 15, 2024

Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors

The government on Thursday awarded seven new projects to startups under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors.

Jul 12, 2024

COAI urges Centre to reduce tax burden on telcos in Union Budget

Union Budget 2024-25: Telecom Sector association seeks Tax Relief for cellular operators

The Cellular Operators Association of India (COAI) has recently called upon the Indian government to alleviate the tax burden on telecom service providers (TSPs) in the forthcoming Union Budget 2024-25. The COAI believes that this move will significantly bolster the financial health of the telecom sector, which is currently wrestling with a multitude of challenges.

Jul 10, 2024

Tribal Welfare Board scam: Misuse of funds by officers, says K'taka Dy CM Shivakumar

Karnataka Deputy Chief Minister D.K. Shivakumar on Tuesday admitted that the misuse and misappropriation of funds in the tribal welfare board had taken place.

Jul 9, 2024

Finance Ministry declares 7.1 pc interest rate for Central govt staff PF schemes

The Finance Ministry has announced a 7.1 per cent interest rate for the Central government employees' General Provident Fund (GPF) and other similar provident fund schemes for the July-September quarter.

Jul 4, 2024

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