News for 'Provident Fund Organisation'

Is Indian economy in recovery mode?

Is Indian economy in recovery mode?

Rediff.com27 Oct 2020

Indicating a faster-than-expected recovery, remittances from migrant labourers and the number of first-time EPFO registrations have crossed the pre-lockdown levels in September, according to a report. Another silver lining is the massive 60 per cent increase in the number of Jan Dhan accounts to over 41 crore and the balances in them, which also indicate the fall in crimes during the lockdown months, SBI Research said in a report on Tuesday. After a significant reduction in remittances due to the lockdown in April, it improved in June and July, and the numbers in September have crossed the pre-pandemic level in February.

Meta Platforms' India staffers on edge over layoff media reports

Meta Platforms' India staffers on edge over layoff media reports

Rediff.com8 Nov 2022

US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. "We have not heard much about the impact (of downsizing) on India. "It's a wait-and-watch situation. Certainly, there is uncertainty," said a source.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Why We Need Professional Investment Advisors

Why We Need Professional Investment Advisors

Rediff.com30 Dec 2022

When we are unwell, we consult a doctor, take a prescription, and then buy medicines from a chemist. In finance, too, it is best to keep investment advice and product purchase separate, suggests Bindisha Sarang.

India-born media veteran selected as new BBC chairman

India-born media veteran selected as new BBC chairman

Rediff.com7 Dec 2023

Dr Samir Shah, who was honoured with a CBE by Queen Elizabeth II in 2019 for services to television and heritage, will replace Richard Sharp, who had been forced to resign after his communication with former prime minister Boris Johnson came under scrutiny.

High interest rates will make the economy sluggish: Jaitley

High interest rates will make the economy sluggish: Jaitley

Rediff.com28 Mar 2016

'Where in the world you get 12.5 per cent return of interest?'

Govt plans to slap higher penalty for cruelty against animals

Govt plans to slap higher penalty for cruelty against animals

Rediff.com4 Oct 2021

At present, perpetrators of such acts often get away unscathed as the penalty for the first time offender is just Rs 50 under the Prevention of Cruelty to Animals (PCA) Act, 1960.

Sebi chief keen to implement self-regulation for mutual funds

Sebi chief keen to implement self-regulation for mutual funds

Rediff.com26 Jun 2014

The Sebi chief said that although the idea of an SRO has been challenged in court, he is hopeful of its implementation.

If EPFO has its way, you will be allowed to withdraw only 60% of PF

If EPFO has its way, you will be allowed to withdraw only 60% of PF

Rediff.com19 Jun 2018

The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Drugs worth over Rs 1,610 cr seized by Assam Rifles in Manipur since July 2022

Rediff.com8 Aug 2023

However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.

Govt may allow 10% private PFs in stocks

Govt may allow 10% private PFs in stocks

Rediff.com7 Dec 2007

The government may double to ten per cent the ceiling of retirement funds managed by private organisations for investing in listed companies, a move that could further boost the already bullish stock markets. The finance ministry is likely to take a final decision next week on allowing private provident funds, superannuation funds and gratuity funds to invest up to 10 per cent of their funds in listed shares.

'We were listed in the global top 10 start-ups in sustainability'

'We were listed in the global top 10 start-ups in sustainability'

Rediff.com8 Feb 2024

'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'

Shift from EPS would hurt retirement kitty

Shift from EPS would hurt retirement kitty

Rediff.com8 Aug 2013

Despite the equity booster, many would be uncomfortable about NPS.

Five start-ups get instant funding at TiE event

Five start-ups get instant funding at TiE event

Rediff.com19 Jan 2015

Winners were chosen from 200 applicants; made a pitch to 10 investors for Rs 10 lakh funding each against 8% equity.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Huge boost for India's sportsperson in Union Budget

Huge boost for India's sportsperson in Union Budget

Rediff.com1 Feb 2023

The Sports Ministry has got a fillip with the government allocating Rs 3,397.32 crore, an increase of Rs 723.97 crore, in the Union Budget on Wednesday.

COVID-19: Indian-Americans raise funds for relief work

COVID-19: Indian-Americans raise funds for relief work

Rediff.com30 Mar 2020

SEWA International, a leading Indian-American non-profit organisation, has so far raised more than $250,000 for its COVID-19 relief efforts. It is using the money to buy personal protective equipment's, in particular facial masks and surgical masks, to donate free to the local law enforcement officials and hospitals in some of the hot spot areas like New York, who have run out of these essential items.

How did Pandemic Affect Bank Deposits?

How did Pandemic Affect Bank Deposits?

Rediff.com27 Aug 2021

The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.

US House imposes tougher conditions for defence funding to Pak

US House imposes tougher conditions for defence funding to Pak

Rediff.com15 Jul 2017

The conditions are related to Pakistan's support to terrorists and terror outfits.

Canada a hotbed of separatists, requests for deportation ignored: India

Canada a hotbed of separatists, requests for deportation ignored: India

Rediff.com19 Sep 2023

At least nine separatist organisations supporting terror groups have their bases in Canada and despite multiple deportation requests Ottawa has taken no action against those involved in heinous crimes, including the killing of popular Punjabi singer Sidhu Moosewala, officials in New Delhi said on Tuesday.

Why space start-ups find it hard to raise funds

Why space start-ups find it hard to raise funds

Rediff.com11 Sep 2018

While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.

For first time UK puts support for India in UNSC in policy document

For first time UK puts support for India in UNSC in policy document

Rediff.com13 Mar 2023

The UK government made its first major commitment to support UN Security Council reforms and India's permanent membership within it as part of a refreshed defence and foreign policy review tabled in Parliament on Monday.

Narco-terror nexus: NIA raids 324 places in 9 states, UTs; several detained

Narco-terror nexus: NIA raids 324 places in 9 states, UTs; several detained

Rediff.com17 May 2023

The NIA had registered three cases last year following information suggesting that terrorist outfits and their sympathisers abroad were operating as members of organised criminal gangs active in the northern states of India for targeted killings and violent criminal acts.

MP Polls: Of Jobs And Broken Promises

MP Polls: Of Jobs And Broken Promises

Rediff.com17 Nov 2023

Of the 3,893,149 registered applicants on the MP Rojgar portal, only 21 individuals have been successfully placed in government and semi-government positions since April 2020.

Investment by EPFO gets more flexibility

Investment by EPFO gets more flexibility

Rediff.com19 Sep 2013

The labour ministry has notified the more flexible investment pattern of 2008 for the Employees Provident Fund Organisation (EPFO), but minus its provision for investment in equity.

Doc, cop among 4 J-K employees sacked for terror links

Doc, cop among 4 J-K employees sacked for terror links

Rediff.com22 Nov 2023

In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.

Wipro to provide 35,000 books to needy children in N America

Wipro to provide 35,000 books to needy children in N America

Rediff.com9 Oct 2015

The funds raised by employees were matched by an equal contribution from Wipro.

DRDO Biggest Hindrance To Atmanirbharta In Defence

DRDO Biggest Hindrance To Atmanirbharta In Defence

Rediff.com26 Mar 2024

DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).

AAP govt proposes 'Swaraj Fund', earmarks Rs 253 cr

AAP govt proposes 'Swaraj Fund', earmarks Rs 253 cr

Rediff.com26 Jun 2015

Terming Aap Aadmi Party government's maiden budget for the financial year 2015-16 as India's first 'Swaraj Budget', Finance Minister Manish Sisodia proposed to create a provision of Rs 253 crore under the Swaraj Fund Scheme.

Want To Know About Tech Of The Future?

Want To Know About Tech Of The Future?

Rediff.com11 Dec 2023

Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...

'Anti-India narrative has been ongoing in Maldives'

'Anti-India narrative has been ongoing in Maldives'

Rediff.com10 Jan 2024

Nasreen, who served as the director of the Indian Cultural Centre at the high commission of India in Male, Republic of Maldives, from 2019 to 2023, shared insights into the growing influence of China and Pakistan in countering India's soft power.

Tax notice on free banking services may be withdrawn

Tax notice on free banking services may be withdrawn

Rediff.com10 May 2018

Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided

Manipur panel submits 3 reports to SC, flags loss of ID proof, compensation

Manipur panel submits 3 reports to SC, flags loss of ID proof, compensation

Rediff.com21 Aug 2023

The Supreme Court-appointed Justice Gita Mittal committee, set up to oversee relief and rehabilitation of the victims of ethnic violence in Manipur, on Monday submitted three reports highlighting the need for reconstruction of identity documents, upgradation of compensation and appointment of domain experts to facilitate its functioning.

Afghanistan mission not yet over: US defence secretary

Afghanistan mission not yet over: US defence secretary

Rediff.com15 Jul 2021

The commander of United States forces in Afghanistan General Scott Miller returned from the country almost winding up the longest American war, even as Defence Secretary Lloyd Austin assured that America's Afghan mission is not yet over and that it would continue to support Kabul.

Plan to buy a low-cost house? You may pledge PF contributions

Plan to buy a low-cost house? You may pledge PF contributions

Rediff.com8 Sep 2015

There will be tripartite pact with member, bank/housing agency and EPFO.

Jaitley shows the path to 'Acche din' for the middle class

Jaitley shows the path to 'Acche din' for the middle class

Rediff.com2 Mar 2015

The abolition of wealth tax is again a welcome step.

Naga peace solution finds no mention in BJP's state manifesto

Naga peace solution finds no mention in BJP's state manifesto

Rediff.com15 Feb 2023

The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.

'No reasons given for freezing Greenpeace funds'

'No reasons given for freezing Greenpeace funds'

Rediff.com18 Oct 2018

NGO rebuts Enforcement Directorate's charges.

'It's like joining G-20, but not as good'

'It's like joining G-20, but not as good'

Rediff.com6 Sep 2023

'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'

EPF pension may be raised by Rs 1,000

EPF pension may be raised by Rs 1,000

Rediff.com2 Nov 2012

Suresh said the ministry had received several representations from the EPF pensioners Association, pointing to the meagre pension amount, which in some cases was about Rs 50 to Rs 300.