Latest News, Updates & Breaking Headlines
NEW DELHI: The Employees Provident Fund Organisation is focusing on getting subscribers to withdraw unclaimed money lying in inoperative accounts.Nearly a quarter of the inoperative accounts, which are Aadhaar verified, may soon get cleared of the idle balances as the EPFO is working to develop an auto-settlement facility which will allow account holders to receive…
Sam Altman-led OpenAI is facing a backlash after agreeing to let the US Department of Defense use its AI models on a classified government network. According to a website tracking boycott pledges (first reported by Forbes), more than 1.5 million users have left ChatGPT in less than 48 hours following the announcement. The reported exodus…
NEW DELHI: Prime Minister Narendra Modi crossed 30 million subscribers on YouTube, further strengthening his position as the most-followed world leader on the platform.Among global leaders, PM Modi has the highest number of subscribers on YouTube. His subscriber base is more than seven times that of US President Donald Trump, highlighting the scale of his…
Representative image (AI-generated) Employees’ Provident Fund Organisation (EPFO) subscribers will soon be able to withdraw their provident fund savings directly into their bank accounts using the Unified Payments Interface (UPI). The system is expected to be operational by April 2026. The move is aimed at simplifying access to funds and reducing delays in withdrawals for…
India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth at…
In a significant overhaul of retirement withdrawal norms, exiting the National Pension System (NPS) has become more flexible for non-government subscribers. Under amended rules notified by the Pension Fund Regulatory and Development Authority (PFRDA), eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the…
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a significant change for National Pension System (NPS) subscribers who had opted for Scheme A under Tier I (Active Choice). The pension regulator has decided to merge Scheme A with Schemes C and E, a move it says is aimed at modernising the NPS investment…
Netflix is acquiring Warner Bros. in an $82.7 billion deal, bringing HBO Max and HBO under its umbrella. While assuring subscribers “nothing is changing today,” the streaming giant anticipates a 12-18 month closing period. Despite Netflix’s assurances of a pro-consumer move, politicians and industry groups have raised significant concerns about potential price hikes and job…
Google-parent Alphabet and Disney announced that they’ve reached a deal to restore content from ABC and ESPN onto Google’s YouTube TV. YouTube TV and Disney reached the new carriage agreement, ending a two-week blackout that started on October 31. The stalemate pulled major networks including ABC, ESPN and FX from the streaming TV platform. The…
Mumbai: Individuals with an NPS account will soon be able to spread their retirement savings across multiple schemes instead of sticking to a single option. The Pension Fund Regulatory and Development Authority (PFRDA) has rolled out a Multiple Scheme Framework (MSF) for non-government sector subscribers.The move is significant for corporate employees, professionals, self-employed individuals and…
