The Employees’ Provident Fund (EPF) is a critical savings tool for millions of employees across India, providing a financial safety net for retirement. Each year, EPF members eagerly await the crediting of interest to their accounts. The financial year 2023-24 has seen a slight increase in interest rates compared to the previous year, raising questions…
As technology continues to advance, one of the most exciting developments has been the rise of drones. In India, the drone industry is experiencing explosive growth, driven by increased demand across various sectors including agriculture, defence, and delivery services. With government support and a burgeoning startup ecosystem, the drone market in India presents a fertile…
The allure of the stock market attracts individuals from various backgrounds looking to grow their wealth. For government employees in India, however, the rules and restrictions around stock market investments are tightly regulated. Understanding what is permissible and what isn’t is crucial for any government employee interested in exploring investment opportunities without contravening established guidelines….
In a significant corporate movement within India’s telecom sector, Sanjay Mashruwala has announced his resignation from the position of Managing Director at Reliance Jio, effective June 9, 2024. This marks the end of an era for a pivotal figure who has been part of Reliance Industries for decades, contributing extensively to its growth and strategic…
In a historic appointment, Prof. Naima Khatoon has been named the first woman Vice-Chancellor of Aligarh Muslim University (AMU) in its more than 100-year history. This landmark decision was confirmed on April 22 by the Ministry of Education following approval from President Droupadi Murmu, who serves as a Visitor to the university. This appointment not…
In a landmark move, the Insurance Regulatory and Development Authority (IRDAI) has recently made sweeping changes to health insurance regulations in India, removing barriers that previously restricted access for older populations. The most notable among these changes is the elimination of the 65-year age cap for buying health insurance. This decision marks a significant step…
In the digital age, even the most personal aspects of our lives can be managed online—including estate planning. Creating a will online simplifies what has traditionally been a complex process involving attorneys and significant legal fees. Now, you can draft a legally binding will from the comfort of your home, quickly and securely. This article…
In an impressive demonstration of confidence from investors, Dhruva Space, a leading space tech startup based in Hyderabad, has successfully raised $9.4 million in its latest funding round. This substantial amount comes from a mix of equity and debt, contributed by the IAN Alpha Fund, the Technology Development Board, and other existing investors. The fresh…
In 2022, the United States welcomed a significant number of new citizens from across the globe, with Indians forming a notable portion of this group. According to a recent report from the Congressional Research Service (CRS), a total of 65,960 Indians were granted American citizenship, positioning India as the second-largest source country for new citizens…
Ecozen, a pioneering agriculture-focused deep-tech startup based in Pune, has secured $30 million in a new funding round that blends debt and equity. This significant financial boost is spearheaded by Nuveen Global Fund with participation from other returning equity investors. Newcomers InCred Credit Fund and the International Development Finance Corporation (IDFC) provided the debt support,…