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With its built-in discipline of compulsory savings—12 percent of salary deducted every month—backed by attractive interest rates (8.25 percent for FY 2024-25), sovereign guarantee, and tax-efficient EEE status (Exempt-Exempt-Exempt), EPF has all the ingredients of a secure retirement nest egg.
Prime Minister Narendra Modi, who is on a two-day visit to his home state, Gujarat, inaugurated and flagged off a 'Made in India' e-Vitara SUV, the first global strategic Battery Electric Vehicle (BEV) of Suzuki, on Tuesday.
Indian auto buyers are postponing purchases in anticipation of a GST rate cut that could slash vehicle prices by up to 10% before Diwali
Indian refiners plan to slightly decrease Russian crude oil imports in the coming weeks. While maintaining energy ties with Moscow, projected purchases will fall from 1.8 million barrels per day to between 1.4 and 1.6 million. The US ha ...more
Yield spikes threaten monetary transmission, stall fundraising and rattle undoing rate cut gains
BSE Sensex rose 329 points to 81636 and Nifty crossed 24000 as Axis Securities picked Uno Minda, Supreme Industries, and Rashtriya Chemicals & Fertilisers for up to 20% returns
The ₹85.6-crore IPO will conclude on September 2, and the shares of Sugs Lloyd will be listed on the BSE's SME platform
The directive, dated August 6, cited a “high risk” of such money being used to buy arms
The revised Delhi Metro fares will see an increase of Rs 1 to Rs 4 on most routes, while the Airport Express Line will see a rise of up to Rs 5.
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