EPS Pension: Are employees contributing to private EPF trusts also eligible to apply for higher EPS pension? [ad_1] The Supreme Court, in its judgement dated November 4, 2022, upheld the amendments made by the Ministry of Labour and Employment in August 2014 to the Employees’ Pension Scheme (EPS), 1995. The amendment restricted the employees right to claim higher pension, entry ...
Read More »Blog
Forex reserves zoom by $10.417 bn to $572 bn as on Jan 13: RBI data
Forex reserves zoom by $10.417 bn to $572 bn as on Jan 13: RBI data India’s forex reserves zoomed by USD 10.417 billion to USD 572 billion as on January 13, making it one of the biggest weekly jumps in the kitty in recent times. In the previous reporting week, the overall reserves had dropped ...
Read More »No-cost EMI available on flight tickets for these credit cardholders; know details
No-cost EMI available on flight tickets for these credit cardholders; know details [ad_1] [ad_2]
Read More »Bombay High Court quashes write-off of YES Bank’s additional AT1 bonds
Bombay High Court quashes write-off of YES Bank’s additional AT1 bonds By Jayshree P Upadhyay MUMBAI (Reuters) – The Bombay High Court, in an oral pronouncement on Friday, quashed the write-off of additional Tier-1 (AT1) bonds issued by Yes Bank Ltd, said legal sources with direct knowledge of the matter. The final order is ...
Read More »Canara Bank FD interest rates: Canara Bank hikes FD interest rates; Senior citizens can earn 7.75% on this new FD tenor
Canara Bank FD interest rates: Canara Bank hikes FD interest rates; Senior citizens can earn 7.75% on this new FD tenor [ad_1] Canara Bank, a public sector bank, has increased interest rates on fixed deposits under Rs 2 crore. The new rates are effective from January 18, 2023, according to the bank’s official website. The bank offers interest rates on ...
Read More »Union Bank Q3 net up 106.8 % at Rs 2,245 cr, considers QIP for equity
Union Bank Q3 net up 106.8 % at Rs 2,245 cr, considers QIP for equity State-owned lender’s loan book grows 20.09% YoY to Rs 8.04 trn, asset quality improves
Read More »Study abroad: How to minimise charges on foreign money transfers
Study abroad: How to minimise charges on foreign money transfers [ad_1] India is experiencing an unprecedented rise in the number of students going abroad for higher education. Foreign education is today seen by students and parents alike as an opportunity to see the world and a chance to find a dream job overseas apart from high-class education. But these dreams ...
Read More »Dollar around seven-month low as growth concerns mount, yen retreats
Dollar around seven-month low as growth concerns mount, yen retreats By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite, while the yen eased even as speculation swirls that the Bank of Japan (BOJ) will eventually move away from its ultra-easy ...
Read More »LIC Jeevan Azad Plan: LIC launches guaranteed return life insurance plan Jeevan Azad; know features, benefits
LIC Jeevan Azad Plan: LIC launches guaranteed return life insurance plan Jeevan Azad; know features, benefits [ad_1] The Life Insurance Corporation of India (LIC) has launched LIC Jeevan Azad Plan (plan no. 188). It is a limited period premium payment plan that offers financial support for the family in case of unfortunate death of the life assured during the policy ...
Read More »Union Bank of India reports two-fold jump in Q3 profit at Rs 2,245 cr
Union Bank of India reports two-fold jump in Q3 profit at Rs 2,245 cr Union Bank of India on Friday reported two-fold jump in standalone profit at Rs 2,245 crore for third quarter ended December 2022 helped by decline in bad loans. The bank had posted a net profit of Rs 1,085 crore in the same ...
Read More »