In March, the Employees’ Provident Fund Organisation (EPFO) announced that members can withdraw money from their EPF corpus to tide over financial emergencies caused due to the coronavirus-induced lockdown. Since then lakhs of people have submitted their requests to withdraw money...
New Delhi | Bengaluru | Pune: India’s information technology sector is seeking revisions in the country’s taxation and labour laws as over half the workforce in the $191 billion industry could begin to deliver services remotely as part of the changes being...
Both life and health insurance has become popular over the years in India, still many people usually don’t understand the importance of insurance until there is an important life event which teaches them some lesson. However, in times like the current...
The Reserve Bank of India (RBI) on Saturday cancelled the license of Mumbai-based CKP Co-operative Bank. The RBI said ‘financial position of the bank is highly adverse and unsustainable’. It further added that the depositors are entitled to repayment of their...
“Business opportunities are like buses: there’s always another one coming.“ Hit by the Covid-19 slump followed by social distancing and a nationwide lockdown, businesses are experiencing major impacts no matter how established they are and are having to re-look at how...
Franklin Templeton shuts down six credit risk strategy debt funds; All investors need to know In an unprecedented decision, Franklin Templeton Mutual Fund has shut six of its open-ended debt funds, effective April 23. All these schemes followed the high-risk, high-return...
