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West Bengal CM Mamata Banerjee KOLKATA: A new welfare scheme called ‘Banglar Yuba-Sathi’ for Bengal’s unemployed youth and a 50% hike in the payout to ‘Lakshmir Bhandar’ beneficiaries headlined the Mamata Banerjee govt’s last budget — a vote-on-account — before the state goes to polls later this year.Finance minister Chandrima Bhattacharya on Thursday had some…
Shiv Sena UBT president Uddhav Thackeray and his cousin, MNS chief Raj Thackeray, held their first rally for the BMC polls on Sunday at the historic Shivaji Park ground, where Shiv Sena was founded. NAGPUR: Maharashtra govt’s decision to credit Mukhyamantri-Majhi Ladki Bahin Yojana instalments for Dec 2025 and Jan 2026 to beneficiaries’ accounts on…
NEW DELHI: Offering a lifeline to struggling debt-laden Vodafone Idea, govt has capped annual payouts to clear past dues at Rs 124 crore over the next six years, easing near-term cash flows, the company said on Friday.Between March 2032 and March 2035, the yearly outgo will be trimmed to Rs 100 crore, Vodafone Idea said…
MUMBAI: The Reserve Bank of India (RBI) has invited public comments on the draft “Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026”, proposing a revised framework for declaration of dividends and remittance of profits by banks.The central bank said it had undertaken a review of the existing guidelines on…
MUMBAI: RBI has issued draft rules to tighten dividend payouts by banks by linking distributions to capital adequacy, asset and profit quality, setting a uniform prudential framework effective from FY27. In the previous financial year, banks paid over Rs 75,000 crore dividend after booking record profits.Under RBI’s draft rules, dividend payments by banks will be…
Nick Kyrgios net worth in 2025: Inside his tennis earnings, career, and Battle of the Sexes payout vs Aryna Sabalenka (Image via Getty) Nick Kyrgios has always done things his own way. He is loud. He is bold. And he earns money both on and off the tennis court. In 2025, the Australian tennis star…
Chhatrapati Sambhajinagar: Ganesh Chavan (35), the district head of a private finance firm, allegedly burnt a drunk man alive in a car in Latur to claim a Rs 1 crore term insurance payout and wipe out mounting debts, police said on Monday.The meticulously planned crime was aimed at ensuring the insurance benefit reached his family…
Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…
A Sovereign Gold Bond (SGB) bought eight years ago has turned a Rs 1 lakh investment into more than Rs 4.4 lakh, after the Reserve Bank of India announced the final redemption price for the 2017-18 Series-X tranche. The RBI said in its statement dated 3 December 2025 that this series will mature on Thursday,…
One major change under the new labour codes is the eligibility criteria for gratuity. (AI image) New labour codes 2025 explained: The new labour codes, effective November 21, 2025, have wide reaching implications for both employees and employers. Your salary, both take home and the Cost To Company (CTC), gratuity, provident fund will most likely…
