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EPFO likely to declare rate of interest on EPF deposits for financial year 2020-21 at its upcoming Central Board of Trustees meeting

EPFO likely to declare rate of interest on EPF deposits for financial year 2020-21 at its upcoming Central Board of Trustees meeting

EPFO is likely to announce the rate of interest on provident fund deposits for the financial year of 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar. The Employees’ Provident Fund Organisation (EPFO) is likely...

Reinforcing Gender Equality in Workplace to Ensure Positive Business Outcomes

Reinforcing Gender Equality in Workplace to Ensure Positive Business Outcomes

Ensuring the equality of all employees irrespective of their sex, gender equality plays a great role in deciding better business results. In the corporate sector, although the ratio between male and female employees is significantly less than in...

Bank of India Shortlisted Among Four Banks for Potential Privatization

Bank of India Shortlisted Among Four Banks for Potential Privatization

India's government has shortlisted four mid-sized state-run banks for privatization, under a new push to sell state assets and shore up government revenues, three government sources said. Privatization of the banking sector, which is...

Finance Ministry releases weekly instalment of Rs 6,000 crore to states to meet GST shortfall

Finance Ministry releases weekly instalment of Rs 6,000 crore to states to meet GST shortfall

The finance ministry on Monday released the 16th instalment of Rs 6,000 crore to states to meet the GST compensation shortfall which will take the total amount released so far to Rs 95,000 crore. Till now, 86 percent of the total estimated GST...

RBI Creates Panel to Discuss Consolidation of Urban Co-Operative Banks

RBI Creates Panel to Discuss Consolidation of Urban Co-Operative Banks

The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban co-operative banks (UCBs) and exploring the potential of consolidation in the sector. The committee, to be headed by former RBI Deputy Governor N S...

Indian IT industry's revenues to touch USD 194 billion this fiscal: states Nasscom

Indian IT industry's revenues to touch USD 194 billion this fiscal: states Nasscom

Despite a dip in global technology spending amid the covid19 pandemic, the country's information technology sector is set to post a 2.3 per cent rise in its revenue to USD 194 billion in the current fiscal, the National Association of Software...

India's trade deficit for January narrows to $14.54 billion

India's trade deficit for January narrows to $14.54 billion

India’s exports expanded for the second consecutive month in January and the third time this fiscal year which was led by the robust growth in the non-oil and non-jewellery segments, indicating manufacturing activity revival. Imports also...

Good Credit Score and its Business Advantages

Good Credit Score and its Business Advantages

Businesses operating all the different industry verticals use credit and raising credit for your business is no easy task. Most money lenders will look at your credit scores when it comes to deciding whether or not to give you credit.  Simply...

Central Government to infuse Rs 3,000 crores in PSU general insurers in Q4 FY21

Central Government to infuse Rs 3,000 crores in PSU general insurers in Q4 FY21

In a bid to improve the financial condition of the state-run general insurance companies, the Finance Ministry of India will put an additional Rs 3,000 crore into them in the ongoing quarter (January-March). Also, the Union Cabinet had last year...

PM Modi set to launch key infra projects in Tamil Nadu and Kerala

PM Modi set to launch key infra projects in Tamil Nadu and Kerala

Prime Minister Narendra Modi is slated to inaugurate and lay the foundation stones of several projects in the states of Kerala and Tamil Nadu on Sunday, February 14. Ahead of his one-day visit to the states, Prime Minister Modi said many...

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