At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
The CBI has alleged that Singh had transferred funds through hawala channels to Chariot Media that was handling the AAP's publicity campaign during the Goa elections, the officials said.
The portal, which has been tentatively named by the labour and employment ministry as the National Portal for COVID-19 Affected Unorganised Migrant Workers, will gather the details of all the unorganised sector workers who are stranded in relief camps, residential or industrial clusters.
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
For protein rich items such as meat and fish, eggs as well as milk and products, the inflation in May slowed compared to last month
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
The Delhi high court on Tuesday closed proceedings in a petition alleging non-compliance of new IT Rules by Twitter, saying that 'nothing remained' in view of the central government being satisfied with the micro-blogging platform appointing a chief compliance officer (CCO), resident grievance officer (RGO) and nodal contact person.
Employees and workers will meet on November 27 to protest against the recommendations
The HR challenge seems to be one of the most important issues that RBI Governor Shaktikanta Das will have to tackle.
The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.
The court was hearing petitions challenging the Aadhaar scheme.
Retired college teachers in Bihar are facing financial difficulties as they have not received their pension for the past four months, reports M I Khan.
About 20 Punjab Congress leaders met in Ludhiana on Tuesday, with some of them batting for a key role for Navjot Singh Sidhu, the former state party unit chief who was among the participants.
In view of the differences, Justices A K Sikri and Ashok Bhushan referred the matter to a larger bench of the apex court.
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
Both Lok Sabha and Rajya Sabha did not see a debate on the Manipur violence, but Prime Minister Narendra Modi and Home Minister Amit Shah spoke on it during their addresses on the no-confidence motion.
Tough opposition from Left parties notwithstanding, the government has opened a window of opportunity for foreign companies for managing pension funds of central and state government employees.
The COVID-19 pandemic, weak economic conditions, and a few political considerations are some of the challenges he faces.
The Union Cabinet on Tuesday gave its nod to a bill to merge the three municipal corporations in Delhi, sources in the government said.
The government has approved 8.5 per cent rate of interest on employees' provident fund for the 2020-21 fiscal, a source said. Just ahead of Diwali, this is a good news for over five crore subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5 per cent rate of interest on provident fund deposits for the last financial year was decided by the EPFO's apex decision making body Central Board of Trustees (CBT) headed by Labour Minister in March this year.
Mutual funds are set to bag a huge chunk of the nearly Rs 3,05,000 crore cash reserves of the public sector companies.
The sixth central Pay Commission is examining the feasibility of introducing performance-linked salaries for government employees. The commission has constituted a study group headed by Indian Institute of Management, Ahmedabad Professor Biju Varkkey to develop a model on these lines.The study group has submitted interim reports and is expected to send its final report soon.
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
Wait for a while before he does another somersault... But one thing is reasonably certain -- the twice betrayed BJP may not embrace him again, predicts Virendra Kapoor.
Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
Billionaire Gautam Adani's group was on Thursday hit by fresh allegations of associates of the promoter family using Mauritius-based 'opaque' investment funds to secretly invest hundreds of millions of dollars to fuel the spectacular rise in group stocks during 2013 to 2018, a charge the conglomerate denied vehemently.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
AAP will have to learn to be patient as such electoral changes do not happen in a hurry, asserts Ramesh Menon.
'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'
All preparations for conducting free, fair and peaceful elections to the 60-member Tripura assembly on Thursday have been completed, Chief Electoral Officer (CEO) Gitte Kirankumar Dinakarro said.
Most of the lenders had informed their customers in advance about the strike call given by All India Bank Employees Association (AIBEA), All India Bank Officers' Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh (BKSM), and its impact on banking services.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
'We told the government that we won't dance to their tunes this time.'
In a liberal proposal, the Sixth Central Pay Commission has recommended full pension benefit to government employees after 20 years of service, as against the existing 33 years. The hike in gratuity limit to Rs 10 lakh, exclusion of the earned leave encashed while in service from the overall limit, clubbing of earned leave and half-day pay leave for encashment and higher pension to octogenarians are the other liberal steps suggested by the commission.
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore (Rs 93.03 billion) per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance.
