News for 'provident fund'

Indian family wants UK govt to repay 109-yr-old loan taken during WWI

Indian family wants UK govt to repay 109-yr-old loan taken during WWI

Rediff.com10 Aug 2026

Descendants of a Madhya Pradesh businessman are seeking repayment from the UK government for a Rs 35,000 loan made during World War I. The UK Debt Management Office has responded, asking for further documentation to examine the claim, which the family estimates to be worth crores today with interest.

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Ketan Parekh's bid to cross-examine Capital Group traders rejected by SAT

Rediff.com17 hours ago

The Securities Appellate Tribunal (SAT) has dismissed Ketan Parekh's appeal challenging Sebi's denial of his request to cross-examine two traders from Capital Group, related to an alleged front-running scheme.

Several parliamentary panels await reconstitution

Several parliamentary panels await reconstitution

Rediff.com5 days ago

Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.

Now, Tiangong Ultra Chinese robot runs 100 metres in 8.86 seconds!

Now, Tiangong Ultra Chinese robot runs 100 metres in 8.86 seconds!

Rediff.com10 hours ago

China's Tiangong Ultra humanoid robot has set a new 100-metre sprint record of 8.86 seconds at the World Humanoid Robot Games in Beijing, significantly surpassing Usain Bolt's human world record of 9.58 seconds.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Vi's Q1 Loss Halves, Records First Net Subscriber Addition Since 2018 Merger

Rediff.com11 Aug 2026

Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.

Did Trump, Hegseth clash over weapons shortage? US Prez reacts

Did Trump, Hegseth clash over weapons shortage? US Prez reacts

Rediff.com7 Aug 2026

Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.

Why India Must Resist US Pressure On UPI Policies

Why India Must Resist US Pressure On UPI Policies

Rediff.com6 Aug 2026

A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.

One Hospitalisation Can Ruin Your Retirement Goals

One Hospitalisation Can Ruin Your Retirement Goals

Rediff.com14 Aug 2026

If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Rediff.com23 Jul 2026

India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

Why Hingorani Family Sold Gandhi Papers

Why Hingorani Family Sold Gandhi Papers

Rediff.com3 days ago

The Hingorani family's decision to part with the Gandhi archive after generations was guided by a desire to make it accessible to a wider audience and to fund initiatives that would extend its legacy.

EPF Scheme 2026: What's Changed for You?

EPF Scheme 2026: What's Changed for You?

Rediff.com3 Jul 2026

For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com1 days ago

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

SC forms panel to probe police action during student protests

SC forms panel to probe police action during student protests

Rediff.com5 days ago

The Supreme Court has established a five-member high-powered committee, led by former top court judge Justice R Subhash Reddy, to investigate allegations of police excesses against student protesters and violence against police personnel during recent demonstrations in Delhi.

CJP launches 'School Thik Karo' campaign, demands private school fee cap

CJP launches 'School Thik Karo' campaign, demands private school fee cap

Rediff.com15 Aug 2026

Abhijeet Dipke, convenor of the Cockroach Janta Party (CJP), has initiated the 'School Thik Karo' campaign from his native village in Hingoli, Maharashtra, to address the alleged neglect of government schools and advocate for a fee cap on private educational institutions.

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rajasthan: Schoolchildren turn journalists to bridge rural news gap

Rediff.com9 Aug 2026

A government school in Raholi, Tonk, Rajasthan, has launched its own student-run newspaper, 'Raholi Shiksha Samachar' and 'Raholi Education Times', to address the lack of newspaper access in rural areas and provide students with a platform for creativity and journalism skills.

Govt forms panel for 'permanent political solution' to Gorkha issue

Govt forms panel for 'permanent political solution' to Gorkha issue

Rediff.com3 days ago

The Centre has established a committee to draft an agreement and finalise modalities for a 'permanent political solution' to the Gorkha identity issue in the Darjeeling hills and adjoining areas, following a tripartite meeting with Union Home Minister Amit Shah, Gorkha leaders, and the West Bengal government.

New ITR Forms Demand More Tax Details

New ITR Forms Demand More Tax Details

Rediff.com24 Jul 2026

Taxpayers must provide more details to support deduction and exemption claims.

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

SC quashes criminal cases against Samay Raina, 4 other comedians for disability remarks

Rediff.com14 Aug 2026

The Supreme Court of India has quashed criminal proceedings against comedian Samay Raina and four others who faced charges for remarks about people with disabilities. The court lauded their subsequent efforts in organising events and raising awareness for specially-abled persons and those with rare diseases like Spinal Muscular Atrophy (SMA).

Are Your Investments Worth The Effort?

Are Your Investments Worth The Effort?

Rediff.com11 Aug 2026

Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

The Insurance Add-On Every Car Owner Needs This Monsoon

The Insurance Add-On Every Car Owner Needs This Monsoon

Rediff.com7 Aug 2026

Protect your vehicle from the unpredictable monsoon season by understanding essential motor insurance add-ons like Engine Protect and Zero Depreciation, crucial for covering damages from floods, waterlogging, and preventing costly out-of-pocket expenses.

24,000 Manipur violence-hit families yet to get aid? SC seeks verification

24,000 Manipur violence-hit families yet to get aid? SC seeks verification

Rediff.com10 Aug 2026

The Supreme Court on Monday asked an apex court-appointed committee to verify claims that around 24,000 families affected by the 2023 Manipur ethnic violence are yet to receive benefits under government rehabilitation and welfare schemes.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

Indian-origin CFO gets jail term for bribing surgeons in US

Indian-origin CFO gets jail term for bribing surgeons in US

Rediff.com11 Aug 2026

An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

Your KYC Is More Important Than You Think

Your KYC Is More Important Than You Think

Rediff.com11 Aug 2026

Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.

Annapurna Yojana: West Bengal To Transfer Funds From June 3

Annapurna Yojana: West Bengal To Transfer Funds From June 3

Rediff.com30 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that the first phase of fund transfers under the 'Annapurna Yojana' will begin on June 3, with eligible women beneficiaries receiving Rs 3,000 directly in their bank accounts.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

How Did Tata Group Fare Under Chandra?

How Did Tata Group Fare Under Chandra?

Rediff.com5 days ago

N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.

FCRA bill sent to JPC amid strong Oppn protests

FCRA bill sent to JPC amid strong Oppn protests

Rediff.com12 Aug 2026

The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

Rediff.com13 Aug 2026

How well is your country's healthcare system staffed? We compare the density of essential healthcare professionals across countries, based on figures from World Population Review.

From Flood-Hit Home To Karate Gold: Assam Teen Janmoni's Inspirational Story

From Flood-Hit Home To Karate Gold: Assam Teen Janmoni's Inspirational Story

Rediff.com12 Aug 2026

Seventeen-year-old Janmoni Konwar from Assam won a gold medal at the National Karate Championship in Delhi, a remarkable achievement given her family lost their home and livelihood to devastating floods just weeks before the competition.

Finfluencer Advice: What Investors Must Know

Finfluencer Advice: What Investors Must Know

Rediff.com13 Aug 2026

Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Sarvam AI becomes unicorn with $234 million Series B funding, HCLTech acquires 10.46% stake

Rediff.com16 Jun 2026

Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.

DLTA Denies Land Lease Breaches Amid AITA Election Buzz

DLTA Denies Land Lease Breaches Amid AITA Election Buzz

Rediff.com31 Jul 2026

The Delhi Lawn Tennis Association (DLTA) has strongly denied reports of violating land lease conditions for the R K Khanna Tennis Complex, asserting that all facilities comply with government norms. The association suggested that the allegations are "mala fide" and strategically timed to influence the upcoming All India Tennis Association (AITA) elections. DLTA also defended its commercial subletting practices, stating they are approved by the L&DO and are essential for generating revenue as it receives no government funding for maintenance.