India’s retirement fund authority has introduced significant updates to the Employees’ Provident Fund scheme, streamlining withdrawal rules, enhancing transparency, and digitising nominations to benefit subscribers amidst ongoing financial reforms. India’s retirement fund body has overhauled the Employees’ Provident Fund framework…
Gold and silver prices in India edged higher on August 8, driven by firmer international bullion markets and ongoing geopolitical tensions, with domestic rates varying across cities amid global cues and seasonal demand. Gold and silver prices in India moved…
The India Post Monthly Income Scheme provides a stable, government-backed investment option for couples and retirees seeking predictable returns, with a maximum joint investment of ₹15 lakh generating monthly payouts of ₹9,250 at an annual interest rate of 7.4%. A…
India Post’s 1-year fixed deposit scheme provides a 6.9% annual return with rates fixed for the duration, while longer-term deposits offer up to 7.5% annually. Unlike some banks, the scheme does not confer higher rates for senior citizens, prompting discussions…
Taiwan police intercept a sophisticated scam where fraudsters impersonated customer service to deceive an elderly man buying succulents online, highlighting rising social media fraud tactics targeting seniors. Police in Changhua said on August 8 that they had stopped a fraud…
US Ambassador Sergio Gor highlights a sharp rise in bilateral trade and expanding American corporate interest in India, with over 1,000 US companies in Karnataka alone, signalling a deepening strategic alliance spanning defence, healthcare, and technology. US Ambassador to India…
India’s revamped closing auction system successfully passed its first test during weekly Sensex expiry, marking a significant step towards enhanced price discovery and market transparency under new SEBI regulations. India’s new closing auction system for benchmark shares passed its first…
Banks across India will close on three specific days between August 10 and 16 due to regional holidays and national celebrations, but digital services will remain available, guiding customers to plan accordingly. Banks across India will face three closures between…
Last week’s healthcare funding deals showcased a surge in investments across biotech and health systems, with strong backing for therapies targeting challenging diseases and innovative operational solutions, signalling resilience and evolving investor confidence in the sector. A string of 10…
The Torreón regional welfare office has issued a warning amid an increase in WhatsApp-related scams, urging the public to verify messages through official channels and protect personal information to combat fraud targeting beneficiaries of federal support schemes. The regional office…
