Category: Policy
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EPFO Interest Rate for 2024-25: What to Expect for Your Provident Fund Deposits?
The Employees’ Provident Fund Organisation (EPFO) is set to announce the interest rate for provident fund (PF) deposits for the financial year 2024-25. As per insider reports, the interest rate is likely to remain near the previous year’s rate of 8.25%, ensuring continued financial security for millions of subscribers. With the central board of trustees…
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Centre Plans Uniform Toll Policy: Major Relief for Highway Commuters
In a significant move aimed at enhancing the commuting experience on India’s extensive national highway network, the Union Ministry of Road Transport and Highways is formulating a uniform toll policy. This initiative, spearheaded by Union Minister Nitin Gadkari, seeks to address the longstanding concerns of commuters regarding inconsistent toll charges and subpar road conditions. Uniform…
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Elon Musk Pushes 120-Hour Workweek at DOGE – Productivity Boost or Burnout Recipe?
Tesla and SpaceX CEO Elon Musk has once again stirred controversy with his bold statements about work culture. His recent assertion that Department of Government Efficiency (DOGE) employees work 120 hours a week has ignited a heated debate on social media. While some hailed his remarks as a call for a more efficient government, others…
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US Begins Deporting Illegal Indian Migrants Amid Trump’s Immigration Crackdown
The Trump administration has initiated a large-scale deportation drive targeting illegal Indian migrants residing in the United States. A US military C-17 aircraft carrying deported Indian migrants departed for India and is expected to land within 24 hours. The move aligns with Trump’s firm stance on tightening border security and enforcing strict immigration laws. India…
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Budget 2025 unveils SWAMIH Fund-2 to Revitalize India’s Stalled Housing Projects
In a significant move to address the challenges faced by homebuyers with investments stuck in delayed housing projects, Finance Minister Nirmala Sitharaman announced the launch of the SWAMIH Fund-2, allocating an additional ₹15,000 crore for the completion of 1 lakh housing units. The Genesis of SWAMIH In November 2019, the Indian government introduced the Special…
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Budget 2025: Centre Unveils New Rs 10,000 Crore Fund of Funds for Startups
In a significant boost to India’s startup ecosystem, Finance Minister Nirmala Sitharaman announced another round of the Fund of Funds for Startups (FFS) scheme with a corpus of Rs 10,000 crore to support and accelerate the growth of emerging businesses. This initiative underscores the Indian government’s commitment to fostering innovation, entrepreneurship, and self-reliance in the…
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Union Budget 2025: Centre Unveils Ambitious Plan to Develop Top 50 Tourist Destinations in India
In a strategic move to bolster India’s tourism sector, Finance Minister Nirmala Sitharaman unveiled a comprehensive plan to develop the country’s top 50 tourist destinations in collaboration with state governments. Announced during the Union Budget 2025-26, this initiative aims to enhance infrastructure, improve accessibility, and upgrade facilities at key tourist hotspots, making India a more…
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India to Establish 200 Daycare Cancer Centres in 2025-26
In a significant push towards enhancing healthcare infrastructure, the Indian government has announced plans to set up daycare cancer centres in all district hospitals over the next three years. As part of this initiative, 200 daycare cancer centres will be established in the 2025-26 financial year, according to Union Finance Minister Nirmala Sitharaman, who made…
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SEBI Imposes ₹7 Lakh Fine on Motilal Oswal for Stock Broking Violations
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹7 lakh on Motilal Oswal Financial Services Ltd. (MOFSL) after an inspection revealed multiple violations of stock broking norms. The action was taken following a comprehensive probe covering the period between April 1, 2021, and June 30, 2022. The financial watchdog’s 62-page…
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Over 7000 Indian Students Overstayed in the US in 2023
In 2023, the United States witnessed a significant number of visa overstays, with over 7,000 Indian students and exchange visitors remaining beyond their authorized period. This revelation has sparked discussions among policymakers and experts regarding the need for comprehensive reforms in U.S. immigration policies, particularly concerning student and work visas. Rising Concerns Over Visa Overstays…
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