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New Delhi: The 238th meeting of Central Board of Trustees (CBT), EPF recently approved Simplified and Liberalized Partial Withdrawals to Enhance Member Convenience and Retirement Security. Under the chairmanship of Union Minister for Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya, the took a number of decisions. 1. To enhance Ease of Living of EPF members, CBT decided to simplify the partial withdrawal provisions of EPF Scheme by merging 13 complex provisions into a single, s ...Read More >
NEW DELHI: Delhi Congress on Sunday accused the Municipal Corporation of Delhi of violating the Supreme Court's directive to earmark feeding spots for stray dogs, citing lack of funds, manpower, and infrastructure. The party said the MCD has not allocated any budget to Animal Birth Control centres for sterilisation and vaccination of stray dogs in the current fiscal year, despite earmarking Rs 15 crore in the 2025-26 budget. Delhi Congress chief Devender Yadav alleged that the BJP-led "Triple ...Read More >
MUMBAI - India's regulator has restrained Jane Street Group from accessing the local securities market, dealing a severe hit to the US trading firm that generated more than US$2.3 billion (S$2.9 billion) in net revenue from equity derivatives in the South Asian nation in 2024. The Securities and Exchange Board of India (SEBI) said it would seize 48.4 billion rupees (S$722 million) from Jane Street, which it claimed is the total amount of unlawful gains made by the fund, according to the order. ...Read More >
Mumbai: India's central bank hasn't added to its gold stash in FY26 yet, likely tying its purchase decision and timing to an expectedly southward trend in the prices of the safe-haven asset that surged more than 80% in five years amid geopolitical and trade uncertainties. The Reserve Bank of India's (RBI) total gold holdings amounted to 880 metric tonnes, and it continued to be at that level between end-March and end May this year, showed the latest data. This is the longest pause in more than ...Read More >
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