News for 'provident fund'

Police challenge court order granting eggs, TV to Delhi riots accused Shahrukh

Police challenge court order granting eggs, TV to Delhi riots accused Shahrukh

Rediff.com9 Jul 2026

The Delhi Police has moved a court to recall or modify an order allowing 2020 Delhi riots accused Shahrukh Pathan to receive raw eggs and a separate television in his prison cell. Pathan's counsel had argued for these provisions due to his client's frustration and depression from prolonged incarceration, but police are seeking reconsideration of the directions.

5 Reasons Education Loans Can Be A Smart Investment

5 Reasons Education Loans Can Be A Smart Investment

Rediff.com22 Jun 2026

Rising study-abroad costs are prompting families to use education loans strategically while preserving savings, liquidity and long-term financial stability, says Yogesh Rawat

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

US-Iran peace deal: Tehran gives up nuke bid, wins sanctions relief

Rediff.com18 Jun 2026

The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.

'What Happened With Anthropic Is A Wake-Up Call'

'What Happened With Anthropic Is A Wake-Up Call'

Rediff.com24 Jun 2026

'It shows that access to these technologies cannot be taken for granted.'

Provident fund deposits to get 8.5% interest in 20-21

Provident fund deposits to get 8.5% interest in 20-21

Rediff.com4 Mar 2021

The Employees' Provident Fund Organisation's (EPFO) apex decision-making body, Central Board of Trustees, decided to fix 8.5 per cent rate of interest for 2020-21 at its meeting in Srinagar on Thursday, sources said.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Intellius Recode Seeks Funds Through Initial Public Offering

Intellius Recode Seeks Funds Through Initial Public Offering

Rediff.com29 Mar 2026

Intellius Recode Ltd has filed preliminary papers with SEBI for an IPO comprising a fresh issue of equity shares and an offer for sale by existing shareholders. The funds will be used to develop digital workers and for general corporate purposes.

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Rediff.com8 Jun 2026

Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Man Arrested In Gurugram For Rs 8.30 Lakh Digital Arrest Fraud

Rediff.com8 Jun 2026

Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Rediff.com8 Apr 2026

The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.

UK intercepts Russian shadow fleet tanker in English Channel

UK intercepts Russian shadow fleet tanker in English Channel

Rediff.com14 Jun 2026

British armed forces, including Royal Marine Commandos, intercepted the Russian shadow fleet oil tanker SMYRTOS in the English Channel, marking the UK's first such operation. The action aims to disrupt Russia's funding for its war in Ukraine, with the UK government highlighting the shadow fleet's role in sustaining Moscow's military efforts.

Withdraw provident fund only for medical emergency

Withdraw provident fund only for medical emergency

Rediff.com21 Apr 2016

While govt has decided to maintain status quo, don't use the money for house, marriage or education

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Maharashtra plans Devabhau, Chhava taxis to take on Uber/Ola, activists cry foul

Rediff.com16 Jun 2026

Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Can Rs 1.15 Cr Corpus Fund Rs 2 Lakh Monthly?

Rediff.com14 Apr 2026

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Outbound M&A by Indian firms robust despite West Asia tensions: HSBC's Sharma

Rediff.com10 Jul 2026

Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

Ram Temple Trust declines financial disclosure amid SIT probe

Ram Temple Trust declines financial disclosure amid SIT probe

Rediff.com25 Jun 2026

The Ram Janmabhoomi Teerth Kshetra Trust secretary, Champat Rai, has declined to provide financial details, including income, expenditure, and donations, citing an ongoing Special Investigation Team (SIT) probe. This decision follows a complaint to the Prime Minister's Office by BJP leader Rajneesh Singh, seeking transparency on the utilisation of funds for the Ram temple project.

Ram Temple donation probe: FIR alleges criminal conspiracy

Ram Temple donation probe: FIR alleges criminal conspiracy

Rediff.com26 Jun 2026

Ayodhya Police have taken Ram Shankar Yadav into custody following an FIR alleging embezzlement of donations at the Ram Janmabhoomi Temple. The complaint, lodged by a member of the Shri Ram Janmabhoomi Teerth Kshetra Trust, names nine individuals and others for systematic theft and misappropriation of funds. A Special Investigation Team (SIT) was formed, and its preliminary findings led to the FIR. Chief Minister Yogi Adityanath has vowed a 'zero-tolerance' policy and urged evidence submission to the SIT.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

In Rs 1 trn urban fund, cities to get Rs 10K cr for capacity building, credit guarantee

Rediff.com16 Apr 2026

The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Stock Markets Today: Sensex, Nifty Gain As Crude Prices Fall, Buying In Blue-chips

Rediff.com22 Jun 2026

Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.

Operative behind Ram temple recce among 23 designated as terrorists

Operative behind Ram temple recce among 23 designated as terrorists

Rediff.com4 Jul 2026

The Union Home Ministry has designated 23 individuals based in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK) as terrorists under the Unlawful Activities (Prevention) Act (UAPA) for their involvement in infiltration, recruitment, logistics, financing, and operational planning targeting India.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

EPFO Keeps EPF Interest Rate Unchanged at 8.25% for 2025-26

Rediff.com2 Mar 2026

The Employees' Provident Fund Organisation (EPFO) has decided to maintain the interest rate on employees' provident fund (EPF) deposits at 8.25 per cent for the fiscal year 2025-26, marking the second consecutive year at this rate.

Unions oppose tax on provident fund withdrawals

Unions oppose tax on provident fund withdrawals

Rediff.com2 Mar 2016

'They (government) are trying to create market for pension products'.

Why Every Family Needs Health Corpus

Why Every Family Needs Health Corpus

Rediff.com19 May 2026

'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'

HC orders removal of false info on judges' London badminton trip

HC orders removal of false info on judges' London badminton trip

Rediff.com21 Jun 2026

The Delhi high court has ordered social media companies and online service providers to remove 'false' information circulating online about Indian judges and Union ministers allegedly participating in a badminton tournament in London at taxpayers' expense. The court deemed the content malicious and a systematic misinformation campaign aimed at undermining the judiciary and executive.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

Vishy Anand Won't Contest FIDE Deputy President Post

Vishy Anand Won't Contest FIDE Deputy President Post

Rediff.com30 Jun 2026

Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.

At least 164 killed, around 1,000 hurt as quakes rock Venezuela

At least 164 killed, around 1,000 hurt as quakes rock Venezuela

Rediff.com25 Jun 2026

At least 32 people have been killed and over 700 injured after two powerful earthquakes struck western Venezuela, with Acting President Delcy Rodriguez declaring La Guaira a disaster zone and warning the death toll is expected to rise as rescue operations continue.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

India's Space Plans Hit Funding Snag

India's Space Plans Hit Funding Snag

Rediff.com15 Apr 2026

While India's interplanetary ambitions remain significant, the current pace of financial and technical progress raises questions about whether the 2027-2028 timelines can be met.

Provident fund rate may drop to 9%

Provident fund rate may drop to 9%

Rediff.com9 Mar 2004

The over 3.2 crore subscribers to the provident fund may get a lower 9 per cent interest from April instead of the prevailing rate of 9.5 per cent.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com27 Jun 2026

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Four Arrested In Bihar For Selling Fake NEET Exam Papers

Rediff.com14 Jun 2026

Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Why are Gen Z investors ditching monthly SIPs for weekly and daily SIPs?

Rediff.com18 Jun 2026

Gen Z is a generation that has been raised in a digital-first era, where shopping, payment, and monetary transactions are done within seconds via smartphones. Moreover, the new flexibility offered by investing platforms is encouraging young investors to opt for investment frequencies that align with their spending patterns and lifestyle. This change has brought up an interesting debate on whether daily and weekly SIPs are better than monthly investments.

Best way to invest provident fund?

Best way to invest provident fund?

Rediff.com8 Feb 2007

The AITUC has suggested utilisation of the entire corpus for creation of the infrastructure development fund. Do you agree?

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Rediff.com29 May 2026

West Bengal Chief Minister Suvendu Adhikari announced the state government will move the Supreme Court to vacate the stay on a CBI probe into the alleged Gorkhaland Territorial Administration teacher recruitment scam. The decision follows complaints of corruption and illegal teacher recruitment within the GTA.