EPFO had decided to keep interest rate for 2020-21 unchanged at 8.5 per cent With the Employees’ Provident Fund Organisation (EPFO) having finalised the interest rates on provident fund deposits for 2020-21 at 8.5 per cent, the retirement body is likely to credit the interest amount in the accounts of its subscribers by July, 2021. Sources with … Read more
NEW DELHI: Indian economy is expected to expand 8.3 per cent in fiscal year 2021-22, a report by World Bank projected on Tuesday. In its latest issue of Global Economic Prospects, the Washington-based global lender said that even though the forecast has been revised up by 2.9 percentage points, its masks significant expected economic damage … Read more
NEW DELHI: Indian economy is expected to expand 8.3 per cent in fiscal year 2021-22, a report by World Bank projected on Tuesday. In its latest issue of Global Economic Prospects, the Washington-based global lender said that even though the forecast has been revised up by 2.9 percentage points, its masks significant expected economic damage … Read more
NEW DELHI: Indian economy is expected to expand 8.3 per cent in fiscal year 2021-22, a report by World Bank projected on Tuesday. In its latest issue of Global Economic Prospects, the Washington-based global lender said that even though the forecast has been revised up by 2.9 percentage points, its masks significant expected economic damage … Read more
WASHINGTON: The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of US access to critical products, from semiconductors to electric-vehicle batteries. The “supply chain trade strike force,” led by the US trade representative, will … Read more
WASHINGTON: The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of US access to critical products, from semiconductors to electric-vehicle batteries. The “supply chain trade strike force,” led by the US trade representative, will … Read more
Government has developed its own messaging app called Sandes The Information Technology wing of the Government, National Informatics Centre or NIC has launched an instant messaging platform called Sandes, an Indian alternative of the popular global messaging service WhatsApp. However as of now, it can only be used internally among government employees and those agencies … Read more
Long time debt funds would be prone to uncertainty and volatility vis-a-vis inflation COVID-19’s unprecedented impact on our economy as well as personal finances has led to many contemplating how to future-proof their investments and savings, and how to effectively build wealth for retirement. Seasoned investors and financial advisors often recommend spreading one’s investments across … Read more
NEW DELHI: Two state-owned banks being picked up for privatisation by the government are likely to come out with an attractive voluntary retirement scheme (VRS) to get rid of the extra flab, sources said. Finance minister Nirmala Sitharaman while unveiling Budget 2021-22 on February 1 had announced that the government proposed to take up the … Read more
Hindalco was top Nifty loser, the stock fell nearly 2 per cent to close at Rs 388. The Indian equity benchmarks ended marginally lower as investors booked profits at record highs in banking, metal and financial services. However, buying in information technology and power shares capped the downside for the benchmarks. During the session, Nifty … Read more