₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as the six-member rate-setting committee voted to keep the policy rate unchanged at 5.25% and maintained a neutral stance. RBI took steps to attract overseas investors into government bonds and equities,…
TOKYO: Japan’s Nikkei share average fell in choppy trade on Wednesday, weighed down by technology stocks after the tech-heavy Nasdaq posted sharp overnight losses. The benchmark Nikkei was down 0.72% at 67,763,91, as of 0157 GMT, after flitting between a 1.66% drop and a 0.25% gain. The broader Topix index fell 0.62% to 4037.16. Technology…
UTI AMC‘s Executive Vice President – Equity, V Srivatsa, believes investors may be better off leaning towards largecaps despite the superior long-term growth prospects of midcap stocks. With the midcap segment trading at a record valuation premium over largecaps, he said the risk-reward has turned more favourable for largecaps, whose earnings growth is improving while…
What’s a gift that has the potential to be worth more tomorrow than it is today? Stock. But before transferring shares to a family member or friend, it’s important to understand the tax rules. Who receives the gift determines whether it’s tax-free and how future gains are taxed. Here’s a look at the rules and…
A well-diversified portfolio is built by combining different asset classes, investment styles, and market segments, and not by investing in multiple mutual funds. According to Aditya Agarwal, Co-Founder, Wealthy.in, investors should focus on the role each fund plays in the portfolio rather than the total number of schemes they own. More funds can create a…
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting the economy, lifting FY26 growth to 7.7%, according to official data released on Friday. A strong showing by private investment and consumption backed the numbers. “GDP growth surprised on the…