Provident Fund withdrawals by ATM, bank-like seamless transactions: EPFO may rollout benefits before Diwali; check details

[ad_1] The EPFO may consider the EPFO 3.0 initiative at its meeting next month, aiming to introduce facilities similar to banking services. (AI image) In a big cheer for Provident Fund subscribers, the Employees’ Provident Fund Organisation (EPFO) may roll out features like withdrawals from ATMs and ban-like transactions ahead of Diwali.The meeting, to be…

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‘Progress is being made’: Piyush Goyal says ‘first tranche’ of India-US trade deal likely by November; Trump-Modi signal thaw in ties

[ad_1] India-US trade deal talks India-US trade deal: Commerce Minister Piyush Goyal on Thursday exhibited confidence that India and the US will be able finalise the first tranche of a trade deal by November this year.During a press briefing in Patna, Piyush Goyal said, “In February 2025, Prime Minister Narendra Modi and President Trump together…

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India-US trade deal: India’s chief trade negotiator may travel to America next week; Modi-Trump call likely soon

[ad_1] Rajesh Agarwal, the chief trade negotiator, will travel to Washington for continued discussions with American officials. (AI image) Amidst signs of thaw in the India-US trade deal issues, government officials are likely to travel to America next week. The recent social media post exchanges between Prime Minister Narendra Modi and US President Donald Trump…

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Who is the world’s richest person? Elon Musk snatches back crown from Larry Ellison; check their net worth

[ad_1] Larry Ellison ascended to become the wealthiest individual globally, surpassing Elon Musk, who had held this position since four years. (AFP photo) Larry Ellison, Oracle’s Chief Technology Officer, overtook Elon Musk to become the world’s richest person on Wednesday – albeit temporarily. The current wealth gap between these titans stands at a relatively modest…

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Ukraine war: US’ Nato envoy accuses India, China of funding Russian offensive; suggests ‘additional sanctions’

[ad_1] NEW DELHI: US Ambassador to Nato Matthew Whitaker on Tuesday claimed that Russia’s military operations in Ukraine are being financed through oil sales to countries including India, China and Brazil. Speaking to Fox News, Whitaker urged for additional sanctions and tariffs on these nations to increase economic pressure on Moscow.He said Russia’s economy is…

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India not pursuing dollar alternative: CEA Nageswaran clarifies on economic conditions; assures resilience amid global tensions

[ad_1] Chief Economic Adviser (CEA) V Anantha Nageswaran (File photo) NEW DELHI: Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday clarified that India is not participating in any initiative to create an alternative to the US dollar, confirming that no such plans are under consideration. Speaking at an AIMA event, he highlighted India’s economic…

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Novo Nordisk to cut 9,000 jobs: Ozempic maker to reduce workforce by 11%; refocus on diabetes and obesity treatments

[ad_1] Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to reduce its global workforce by 11 percent, eliminating 9,000 positions, including 5,000 in Denmark. The move aims to save eight billion kroner ($1.3 billion) as competition intensifies for its anti-obesity treatments Ozempic and Wegovy, as reported by AFP.The company also lowered its earnings forecast…

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