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PF Account Withdrawal: New Rules Announced For Filing Claims

EPF account claims can be submitted both online and offline mode.

EPF or employee provident fund withdrawal claims above Rs 10 lakh don't have to be filed online. Retirement fund body EPFO or Employees' Provident Fund Organisation has recently revised some of its rules related to provident fund claims. The EPFO has nearly six crore subscribers and
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Cane Arrears In India Could Hit $3.8 Billion As Prices Tank

Record output has sent domestic sugar prices down by a quarter in the past year

Mumbai: Cane arrears in India could leap to a record Rs 25,000 crore ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters. The record
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Indian markets edged higher on Tuesday, buoyed by gains in metal, auto and capital goods stocks. Asia stocks rose modestly today following data showing China's economy grew a little faster than expected in the first quarter.
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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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Washington: Global growth will keep a steady pace this year and next, buoyed by stronger trade and US fiscal stimulus that will fade by the early 2020s, while increased tariffs could damage market confidence and output, the International Monetary Fund said on Tuesday.

The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global

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EPFO Revises Rules For Submission Of PF Withdrawal Claim

Rules for PF claims were revised after claimants faced issues in filing online forms, said EPFO.

Retirement fund body Employees' Provident Fund Organisation (EPFO) recently revised rules on submission of provident fund (PF)
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Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply

The RBI said it had ramped up printing of notes.

India's government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks' automated teller machines
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Indian Railways Covered A Long Distance In Its 165 Years Of Existence

In 1954, sleeping accommodation was introduced in 3 Tier coaches of Indian Railways.

On April 16, Indian Railways commemorated its 165th birthday. On April 16, 1853 country's first passenger train ran between BoriBandar and Thane
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Akshaya Tritiya 2018: What To Expect In Gold Jewellery Market

Akshay Tritiya is a festival considered auspicious by many to make gold purchases

Those who purchased gold jewellery last Akshaya Tritiya (Akshaya Tritiya 2017) are sitting on some gains. With Akshaya Tritiya just around the corner, jewelers are hoping for an increase in footfalls. Akshaya Tritiya, also known as
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Kolkata: The National Company Law Tribunal's (NCLT) Kolkata bench on Monday approved Vedanta Ltd's resolution plan for the insolvent Electrosteel Steels Ltd, one of the 12 large corporate defaulters identified by the Reserve Bank of India.

During the insolvency proceedings, the debt-laden company's resolution professional, Dhaivat Anjaria, had

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Rupee (INR) Plunges To Close At 65.64 Against Dollar (USD)

Weakness in the rupee came despite a rally in Sensex and Nifty

The rupee extended its losing run for the second straight day, falling by another 15 paise to end at a near 7-month low of 65.64 against the US dollar amid persistent capital outflows and a fresh ripple of geopolitical tensions. That came a day

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Akshaya Tritiya 2018: SBI Gold Deposit Scheme: Interest Rates, Features

Akshaya Tritiya 2018: You may consider investing in SBI's revamped gold deposit scheme.

State Bank of India (SBI) offers a revamped gold deposit scheme (R-GDS). The revamped gold deposit scheme (R- GDS) is in the nature of a
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CBI Files Case Against 3 Companies' Officials In Rs 621-Crore Fraud

The CBI official said searches were carried out at various places

New Delhi: The CBI on Tuesday said that it had filed a fresh case against the directors of three companies on the charge of cheating a consortium of five banks led by the Punjab and Sindh Bank to the tune of Rs 621 crore. A Central Bureau of Investigation (CBI) official said that a
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Cash Crunch: Government To Raise Printing Of 500 Rupees Notes

Currently around Rs 18 lakh crore worth of currency is in circulation

New Delhi: In a bid to meet the "unusual" currency demand, the government has resolved to raise the printing of Rs 500 notes by five times, Economic Affairs Secretary Subhash Chandra Garg on Tuesday said. "We have taken steps to increase the supply of currency in case the demand
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Jio Vs Airtel: Prepaid Recharge Plans Under Rs 400 Compared

Airtel's Rs 249 prepaid recharge plan offers 2 GB of 3G/4G per day data for a period of 28 days.

Bharti Airtel and Reliance Jio are embroiled in a war of offering better data and call packages to attract maximum customers on their platform. The Sunil Bharti Mittal-led Airtel and Mukesh Ambani's Jio are offering a host of plans ranging from as low
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Geneva: India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization for U.S. steel and aluminium tariffs, documents filed to the WTO showed on Tuesday.Like the EU and China, India said it regarded the US tariffs as "safeguards" under the WTO rules, entitling it to ask for
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Rupee Falls To 7-Month Lows Against US Dollar: 5 Points

Rupee vs dollar: Rupee fell to 65.64 at day's low against the US dollar today

The rupee fell to a nearly 7-month low of 65.65 against the US dollar today - marking its lowest value against the US dollar since September 2017. So far in today's session, the rupee traded between 65.65 and 65.41 against the US

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Indian Economy To Grow 7.3% This Year, Says World Bank

The growth rate for FY20 is pegged at 7.5%

Washington: The World Bank today forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for 2019 and 2020, and noted that the country's economy has recovered from the effects of demonetisation and the Goods and Services Tax.

"Growth is expected to accelerate from 6.7 in 2017 to 7.3 per

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BSNL Announces New Data and Call Offers. Details Here

BSNL is also offering ADSL wifi modem for Rs 1,250

State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has come up with lucrative offers to attract more customers to its platform amid aggressive competition from
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How To Instantly Open SBI Savings Account With Zero Balance Facility

SBI's Insta Savings Account can be opened in paperless mode via mobile app YONO

SBI or State Bank of India is offering a zero balance account - or a bank account that doesn't require any particular minimum balance to be
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Interest Rates On Post Office Saving Schemes: PPF Vs RD

PPF also offers tax deduction under Section 80 (C) of the Income Tax (IT) Act.

The Department of Posts or India Post, run under the Ministry of Communications, offers both public provident funds (PPF) and recurring deposit (RD)
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National Pension System (NPS) Features, Interest Rates Explained

NPS seeks to inculcate the habit of saving for retirement amongst the citizens.

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum
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How To Instantly Open SBI Savings Account With Zero Balance Facility

SBI's Insta Savings Account can be opened in paperless mode via mobile app YONO

SBI or State Bank of India is offering a zero balance account - or a bank account that doesn't require any particular minimum balance to be
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Supreme Court Directs Jaiprakash Associates To Deposit Rs 100 Crore

Jaiprakash Associates need to deposit the amount by May 10.

New Delhi: The Supreme Court on Monday asked realty firm Jaiprakash Associates Limited (JAL) to deposit Rs 100 crore with its registry by May 10 to pay back the hassled
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Jet Airways Offers Up To 30% Discount On Select International Flight Tickets

Jet Airways sale on international flight tickets is valid for travel starting from October 2018.

Jet Airways is offering up to 30 per cent discount on select international flight tickets, the company said on Tuesday. The
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IRCTC Warns Train Passengers Against Unauthorised Food Delivery Services

IRCTC said it is the only authorised agency to take and deliver orders through e-catering in trains

IRCTC or Indian Railway Catering and Tourism Corporation - the ticketing arm of Indian Railways - has named unauthorised food
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Fortis Healthcare Declines Malaysia's IHH Takeover Offer

Fortis has seen interest from multiple parties since Manipal offered to buy it last month.

Mumbai: Malaysia's IHH Healthcare Bhd said on Monday that Fortis Healthcare Ltd declined to engage with the company regarding a takeover offer, citing binding agreements with other parties.

IHH, one of Asia's largest healthcare operators, offered to buy Fortis

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RBI Clarifies There Is No Cash Shortage, Sufficient Money In Cash Chests

Printing of the notes has been ramped up in all the 4 note presses, said RBI

Brushing aside the reports of cash crunch in the ATMs of at least six states, the Reserve Bank of India (RBI) clarified on Tuesday evening that there is no cash shortage. "It has been reported in a section of the media that there is shortage
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Netflix Smashes Analyst Expectations With 7.4 Million New Customers

Netflix stock is the top performer on the S-P 500 this year.

Netflix Inc's blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March, reassuring investors who are betting the
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Over 53 Crore Mobile Connections Issued With Aadhaar-Based KYC: UIDAI

"Aadhaar verification helps you get instantly activated SIM," the UIDAI added.

Over 53 crore new mobile connections have been issued using Aadhaar-based paperless KYC or 'Know Your Customer' verification. This was said by UIDAI
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