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Gurgaon: A cyber fraud module operating an illegal SIM box network -- with links to the Philippines and Cambodia -- has been busted in the city.Five people have been arrested during the last two weeks, police said on Wednesday, adding that the accused were nabbed from different locations, including Gurgaon, Kasganj, Ahmedabad and Jalgaon.Investigators said the equipment -- SIM boxes (GSM gateways) -- was used for routing and diverting calls over the internet, masking the origin of calls and enab ...Read More >
Hyderabad: The All India Retired Railwaymen's Federation (AIRRF) staged protest at Rail Nilayam in Secunderabad here on Wednesday demanding the government to fulfill their demands. The pensioners belonging to Central government, especially the railway staff urged the government to engage in constructive dialogue and to address their long-pending grievances with urgency and fairness for the dignity and security of the retired workforce. The protestors put forwarded some of their demands as to r ...Read More >
New Delhi: The government has approved the extension of two investment options, Life Cycle and Balanced Life Cycle, to central government employees under the National Pension System (NPS) and the Unified Pension Scheme (UPS), the finance ministry said on Friday. This is in line with the continued demand from Central Government employees for a broader range of investment options similar to those available to non-government subscribers. These options are designed to enhance flexibility in retirem ...Read More >
India's trade ministry and NITI Aayog are considering easing certain tariff and non-tariff restrictions on Chinese imports to secure raw materials vital for industrial and export growth. Measures under discussion include letting anti-dumping duties lapse on some products and cutting tariffs on raw materials for sectors like leather and engineering goods where domestic supply is limited. India's trade ministry and a government think-tank are pushing to ease certain tariff and non-tariff curbs on ...Read More >
Hurun India Rich List 2025: Ambani, Adani, Roshni Nadar Lead Nation's Wealth Surge India's wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over ₹1,000 crore, according to the newly released M3M Hurun India Rich List 2025. The 14th edition of the list, compiled by Hurun India in partnership with M3M India, highlights that Mukesh Ambani, 68, chairman of Reliance Industries, has reclaimed his position as India's richest man, with fa ...Read More >
Mumbai, September 30, 2025 - Anil Ambani-led Reliance Infrastructure Limited issued a statement on Tuesday addressing media reports about a survey conducted by the Enforcement Directorate (ED) under the Foreign Exchange Management Act (FEMA) at its premises. The company clarified that the survey pertains to a 15-year-old matter involving the JR Toll Road (Jaipur-Ringus Highway) project. In a filing with the Bombay Stock Exchange, under Regulation 30 of the Securities and Exchange Board of Indi ...Read More >
New Delhi: Bank customers, pension subscribers, train passengers, and postal service users will all be impacted by several regulatory, banking, and service-related changes that take effect October 1. RBI Cheque Clearing: The Reserve Bank of India (RBI) will transition from batch clearing to a continuous clearing method for cheque processing. The new system will be rolled out in two phases, with the first starting October 4, 2025, and the second from January 3, 2026. Railway ticketing rules: Ne ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) Bank customers, pension subscribers, train passengers, and postal service users will all be impacted by several regulatory, banking, and service-related changes that take effect on October 1. RBI cheque clearing: The Reserve Bank of India (RBI) will shift cheque processing from batch clearing to a continuous clearing method. The new system will be rolled out in two phases, with the first starting on October 4, 2025, and the second from January 3, 2026. Railwa ...Read More >
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New Delhi: Ministry of Finance has said that Central Government employees on Deputation/Foreign service to an organisation which is not a Central Government office may submit Physical 'Form A2' to opt for UPS. "The Central Government employees who are on deputation/foreign service to an organisation which is not a Central Government office and are unable to apply for UPS, may physically submit the duly filled Form A2 to the respective nodal office of their parent organisation. The nodal office ...Read More >
New Delhi, Sep 16 (PTI) Central government employees are entitled to "assured payout on pro rata basis" on opting for voluntary retirement after completion of service of 20 years or more under the recently-notified rules, the personnel ministry said on Tuesday. The Department of Pension and Pensioners' Welfare has notified in the official gazette on September 2, the Central Civil Services (Implementation of the Unified Pension Scheme under the National Pension System) Rules, 2025 for regulating ...Read More >
NEW DELHI: Techno Digital on Thursday said it has opened a new 36MW data center at SIPCOT IT Park in Siruseri, Chennai, as part of its $1 billion investment commitment to building digital infrastructure nationwide. Techno Digital is the digital infrastructure arm of publicly listed Techno Electronics & Engineering Company (TEECL). TEECL shares were trading 0.34% higher at ₹1,527.10 on the Bombay Stock Exchange (BSE) at 2:09pm on Thursday. Spanning over 200,000 sq. ft., the latest data centre ...Read More >
New Delhi, Aug 25 (SocialNews.XYZ) The Finance Ministry has introduced a one-time, one-way switch option for Central Government employees under the Unified Pension Scheme (UPS) to shift to the National Pension System (NPS). According to an official notification, this facility is available to UPS subscribers up to one year before their superannuation or three months before voluntary retirement. Employees facing dismissal, removal, or disciplinary action will not be eligible. The Department of ...Read More >
New Delhi, Aug 25 (PTI) The Finance Ministry on Monday introduced a one-time one-way switch facility from the newly introduced Unified Pension Scheme (UPS) to the National Pension System (NPS). From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified Pension Scheme (UPS) till July 20, and the ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said. The major amendment grants tax exemption on dividends, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure from April 1, 2020, to December 31, 2030, subject to notification. The Public Investment Fund (PIF) ...Read More >
Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 C ...Read More >
NEW DELHI - Top India executives of FedEx, UPS, Aramex and DHL are set to be cross-examined in coming weeks by a book publishers' group which accused them of price collusion, a new twist in an antitrust probe that cleared the courier companies of wrongdoing last year, a document shows. Allowing a complainant to interrogate companies is not common in Indian antitrust cases. It means the final findings of the antitrust investigation could change and create new challenges for the courier majors, a ...Read More >
New Delhi: Amidst subdued response from Unified Pension Scheme (UPS), question was raised in the Lok Sabha earlier this week whether the government proposes to restore the Old Pension Scheme (OPS). Lok Sabha CPM MP from Bihar's Arrah and Utkarsh Verma Madhur, Samajwadi Party LS MP from Kheri raised the question in the lower house on August 11, seeking response from the Finance Ministry regarding the details thereof and along with the reasons for introducing UPS. The UPS pension scheme introduc ...Read More >
Lok Sabha passes two major legislation in a consequentail sitting, the Income-Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025 amid protest by opposition members over SIR. In a brief but consequential sitting on Monday, the Lok Sabha passed two major financial legislations the Income-Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025 amid loud protests by opposition members over the Special Intensive Revision (SIR) of electoral rolls. The Bills were moved by Union Finance M ...Read More >
New Delhi: A tender for Delhi Chief Minister Rekha Gupta's bungalow has been cancelled. According to reports, the Public Works Department (PWD) scrapped the Rs 60 lakh tender citing 'administrative reasons'. The tender, scheduled to open on July 4, was intended for electrical work at the Chief Minister's bungalow, including installation of 14 air conditioners, Rs 9 lakh television, Rs 6 lakh worth of lighting, and various other fixtures. The renovation work at the Delhi Chief Minister's offici ...Read More >
New Delhi: Choosing Between different government pension scheme can be confusing while UPS can Provide steady inflation proof income, NPS can provide much better return on your pension depending on how bonds and market performs. Government employees often wonder whether to choose the National Pension System (NPS) or the Universal Pension Scheme (UPS) for their retirement. NPS is a system where both the employee and the government contribute regularly to a retirement fund, which is then invested ...Read More >
New Delhi: The government has made necessary changes to provide tax benefits to employees opting for Unified Pension Scheme ( UPS ) at par with those under National Pension System ( NPS ) in a bid to promote UPS. The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement, as reported by news ag ...Read More >
New Delhi, July 4 (SocialNews.XYZ) The Finance Ministry announced on Friday that the tax benefits available under the National Pension Scheme (NPS) will apply mutatis mutandis to the Unified Pension Scheme (UPS), as it is an option under the former. The measure aims to provide further impetus to the UPS. These provisions ensure parity with the existing NPS structure and provide substantial tax relief and incentives to employees opting for the UPS, according to the Finance Ministry statement. T ...Read More >
New Delhi, Jul 4 (PTI) In a bid to promote Unified Pension Scheme, the government has made necessary changes to provide tax benefits to employees opting for UPS at par with those under National Pension System (NPS). The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement. "The government h ...Read More >
New Delhi [India], July 4 (ANI): The Finance Ministry has announced that all tax benefits available under the National Pension System (NPS) will also apply to the Unified Pension Scheme (UPS). The announcement is a significant move that will make UPS more attractive for central government employees. Also Read | Israeli Strikes Kill 15 in Gaza, While Shootings Kill 20 People Waiting for Aid, Authorities Say. The Unified Pension Scheme was introduced earlier this year as an option under NPS for ...Read More >
New Delhi [India], July 2 (ANI): The Public Works Department (PWD) issued a tender worth Rs 60 lakh for the renovation of Delhi Chief Minister Rekha Gupta's official residence. The renovation work is focused on Bungalow Number 1, where the Chief Minister will be residing. A second bungalow, Bungalow Number 2, has also been allotted to her, which will be used as a camp office. According to the tender, the renovation is mainly related to electrical and interior fittings. The bungalow will be equ ...Read More >
New Delhi, Jul 2 (PTI) The Public Works Department (PWD) will carry out upgradation work worth over Rs 59.40 lakh at Bungalow Number 1, Raj Niwas Marg, which has been allotted to Delhi Chief Minister Rekha Gupta, according to an order. The work will be taken up to fix electrical and civil work, and will involve the installation of 14 split air conditioners worth Rs 7.7 lakh, five LED TVs worth Rs 9.9 lakh, and 23 ceiling fans with a remote control costing Rs 1.8 lakh. Fourteen CCTV cameras wor ...Read More >
Gurugram : The IL JIN Electronics India Pvt Ltd, a subsidiary of Amber Group, has entered into a definitive agreement for taking majority stake in Bengaluru based Power-One Micro Systems Pvt. Ltd Incorporated in 1998, and headquartered in Bengaluru, Karnataka, originally established as an UPS manufacturer, Power-One has evolved into a leading solar inverter company, delivering wide spectrum of products such as on-grid, off-grid, and hybrid solar inverters (1kW to 250kW), UPS systems, solar powe ...Read More >
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