Govt to return unclaimed EPFO deposits, expand scholarships for unorganised workers’ children

The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during…

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PM Modi to inaugurate Noida’s Jewar airport, says UP CM Yogi

NEW DELHI: Prime Minister Narendra Modi will inaugurate the Noida international airport at Jewar next month, Uttar Pradesh chief minister Yogi Adityanath said during an interaction with the Indian diaspora in Singapore.Highlighting the state’s aviation infrastructure, Yogi said Uttar Pradesh currently has the highest number of airports in the country and that the upcoming airport…

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‘Mis-selling is offence under BNS’: FM Sitharaman warns banks, asks lenders to focus on core business

Finance minister Nirmala Sitharaman on Monday issued a warning to banks against mis-selling financial products, stressing that such practices now constitute an offence under the Bharatiya Nyaya Sanhita (BNS) and must stop as regulators tighten oversight.Addressing reporters after her customary post-Budget interaction with the RBI Central Board, Sitharaman said banks should return their focus to…

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Gurugram overtakes Mumbai as India’s fastest-growing high-end luxury residential market; sees record Rs 24,120 crore in Rs 10 crore plus sales |

There is an almost tenfold jump in ultra-luxury home sales within two years. (AI image) Gurugram has overtaken Mumbai in the total sales value of luxury homes above the Rs 10 crore category, according to a report by Sotheby’s International Realty in collaboration with CRE Matrix. The Gurguram market has become the country’s fastest growing…

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TSA says PreCheck still operational after previous announcement of suspension during funding fight

DALLAS: The Transportation Security Administration said Sunday that its PreCheck program would remain operational despite an earlier announcement from the U.S. Department of Homeland Security that the airport security service was being suspended during the partial government shutdown. ” As staffing constraints arise, TSA will evaluate on a case-by-case basis and adjust operations accordingly,” the…

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Maintenance Tribunal ordered sons to vacate residential property owned by father: Here’s why Bombay High Court quashed order

The sons argued that a plain reading of the Tribunal’s order itself showed that the father had been held not entitled to maintenance. (AI image) In a significant ruling interpreting the scope of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, the Bombay High Court has held that not every dispute between…

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