The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.
Shortly after being criticised by the Shia community for defending Mohammed Ajmal Amir Kasab, the lone gunman arrested during the terror siege on Mumbai, lawyer Abbas Kazmi has been removed as a trustee from the prestigious Islam Gymkhana on the same ground. Kazmi's appointment as a trustee of Islam Gymkhana was terminated this week on the ground that defending a terrorist was against the essence of Islam. This is the second instance where Kazmi has been criticised.
Saddened by the financial hardship being faced by the hockey community amid the COVID-19 pandemic, former India captain Viren Rasquinha has raised Rs 22 lakh to be distributed as one-time benefit among players, coaches and groundsmen working at the grassroots level. The fund has been raised in just one week through a joint initiative of non-profit organisations Olympic Gold Quest, of which Rasquinha is a Director and CEO, and Go Sports Foundation. They named the initiative #LetsStickTogether.
The lawsuits allege that KPMG LLP assisted in and certified 'materially misstated financial statements', and that KPMG's international parent failed in its watchdog role and is responsible for "the severely reckless and grossly negligent acts of its agent", the report pointed out. New Century had been US's second-biggest sub prime mortgage lender that mainly served people with poor credit histories but had to file for bankruptcy in April 2007.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
The high court was hearing a plea by Samyak Gangwal challenging a June 2 order of the Central Public Information Officer (CPIO), PMO, refusing to provide documents sought by him on the ground that PM CARES Fund is not a public authority under the RTI Act.
According to reports, the trustees of reality TV star's estate are keen on making a movie on her second autobiography Catch A Falling Star.
Prakash Amte, son of well-known social activist Baba Amte and his Mandakini Amte have been awarded the 2008 Ramon Magasaysau Award for community leadership.
On the occasion of the World Environment Day, he said there is a need to reaffirm the pledge to protect environment and make the planet cleaner and greener.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Cities, roads, stations rechristened in the time of Modi.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
According to sources, the proposal is listed in the agenda of the meeting of the Union Cabinet scheduled for Friday.
The incident prompted National Commission for Women to set up an inquiry committee which will meet the students who were forced to strip. A girl alleged that the principal of the institute blackmailed and forced them to withdraw the complaint.
During 2008 the temple collected Rs 81 crore in cash, 920 kg of gold and 440 kg of silver in the form of donations, creating a record of sorts, Ashok Khambekar, a trustee of Shri Saibaba Sansthan Trust, said
Born with autism spectrum disorder, Nandhitha's signature collection was released online recently.
Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.
The EPFO pays rate of return to its subscribers on the basis of returns it generates from its investments.
Prime Minister Narendra Modi's spiritual guru Swami Dayanand Giri passed away late Wednesday night at his ashram in Sheeshamjhadi area of Rishikesh after a prolonged illness. He was 87.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
The decision to suspend this benefit will hit 32 lakh pensioners.
According to the EPFO estimates, there would be a surplus of Rs 151.67 crore after providing 8.65 per cent rate of interest for 2018-19 on EPF.
The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.
Their next plan is to launch a campaign to ensure only women priests change the clothes of goddess idols.
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
Gandhi said he did not need anybody's certificate about his religion.
Professor Avkash Jadhav, head of the history department at St Xavier's College and trustee of the city-based KAASH Foundation, said a Special Investigation Team should be set up to inspect the site where trees were cut and ascertain the actual damage done.
Imam said it was his right to use the red beacon.
The solicitor general said that the PM CARES Fund is a 'voluntary fund'. "It is a public trust. It is a body where you can make voluntary contributions and no budgetary allocations to the NDRF or SDRF are being touched. What has to be spent will be spent," the law officer said.
The government has approved payment of 8.75 per cent rate of interest on PF deposits in 2013-14 for over five crore subscribers of retirement fund body EPFO.
Union Minister Ramvilas Paswan on Thursday criticised the decision taken by authorities at the Somnath temple in Gujarat to restrict entry of non-Hindus inside, sans permission, and stated that the Central government has never supported any discrimination on the basis of religion.
Airline's lenders to meet next week to discuss next move.
The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis. The ECLGS was the second-biggest component of Rs 21 lakh crore comprehensive package announced by Finance Minister Nirmala Sitharaman last week.
According to the report, 32 (73 per cent) out of 44 candidates analysed from the Rashtriya Janata Dal have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.
The Hindu members in the Council for a Parliament of the World's Religions resigned protesting the decision to withdraw the council's sponsorship to the 150th birth anniversary celebrations of Swami Vivekananda in Chicago, scheduled for September 27-28.
The Central Board of Trustees, which is the apex decision-making body of the Employees' Provident Fund Organisation, met on Monday and approved the interest rate.
The museum is filled with family heirlooms dating back to 743 AD.
