One factor India must keep away from a Greece and Italy-like pension disaster – Firstpost

One factor India must keep away from a Greece and Italy-like pension disaster – Firstpost

In relation to pension schemes, the survey stated, the normal “Pay-As-You-Go” (PAYGO) schemes don’t make sure that funding from the youthful workforce that pays pensions to retirees adjustments with a change in demography learn extra The Financial Survey 2024-25 tabled by Finance Minister Nirmala Sitharaman in Lok Sabha on Friday warned that India must avoid…

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RBI DG asks entities to protect towards reckless financialisation, ETCFO

RBI DG asks entities to protect towards reckless financialisation, ETCFO

RBI Deputy Governor M. Rajeshwar Rao Mumbai, Amid issues emanating from spurt in unsecured lending and an euphoria in derivatives, Reserve Financial institution Deputy Governor M Rajeshwar Rao on Friday requested monetary sector entities to protect towards “reckless financialisation”. Talking at an occasion in inventory trade NSE right here, Rao mentioned the “temptation” of short-term…

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BOI reviews ₹226.84 cr mortgage fraud by Gupta Energy Infrastructure

BOI reviews ₹226.84 cr mortgage fraud by Gupta Energy Infrastructure

State-owned Financial institution of India (BOI) on Friday reported a fraud of ₹226.84 crore by Odisha-based Gupta Energy Infrastructure Ltd to the Reserve Financial institution. The financial institution has knowledgeable that Non Performing Asset (NPA) of Gupta Energy Infrastructure Ltd has been declared as fraud, BoI mentioned in a regulatory submitting. In opposition to the…

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RBI imposes Rs 46 lakh penalty on three corporations for non compliace

RBI imposes Rs 46 lakh penalty on three corporations for non compliace

NEW DELHI: The Reserve Financial institution of India (RBI) has imposed a high-quality value Rs 46.7 lakhs on three corporations for non compliance with sure provisions of directives issued by the Reserve Financial institution of India. In three separate press releases issued by the apex financial institution on 21 February, it issued a financial penalty…

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Tesla recollects greater than 376,000 automobiles over potential lack of steering energy

Tesla recollects greater than 376,000 automobiles over potential lack of steering energy

Tesla is recalling greater than 376,000 automobiles as a result of a attainable lack of energy steering that requires larger effort from the motive force to steer, rising the chance of a crash. The electrical automobile maker reported in a regulatory submitting final week that in automobiles outfitted with digital power-assisted steering (EPAS) an “overvoltage breakdown”…

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Over 17 Lakh New Employees Enrolled For ESIC Advantages In Dec | Economic system Information

Over 17 Lakh New Employees Enrolled For ESIC Advantages In Dec | Economic system Information

New Delhi: The payroll information of the Staff’ State Insurance coverage Company (ESIC) launched on Friday present that as many as 17.01 lakh new staff have been added in December 2024 whereas 20,360 new institutions have been introduced below the social safety ambit of the ESI Scheme in the course of the month, guaranteeing social…

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Man pursuing second PhD will get expelled from US varsity for utilizing AI: ‘Conspiracy by professors’

Man pursuing second PhD will get expelled from US varsity for utilizing AI: ‘Conspiracy by professors’

Haishan Yang, pursuing his second PhD from the US College of Minnesota, was expelled from his school for allegedly utilizing AI to cheat in an examination. He has reportedly change into the primary pupil to be expelled from the academic institute for that reason. PhD pupil expelled from US college has sued the faculty. Learn…

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