Author: Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Pensioners in India can now breathe a sigh of relief as the traditional process of submitting life certificates has gone digital, eliminating the need to visit banks or post offices. The Digital Life Certificate, also known as Jeevan Pramaan, is a convenient and time-saving solution that ensures pensioners receive their pensions without hassle. This service benefits central and state government pensioners and those from various government organizations. Why is a Life Certificate Important for Pensioners? Every November, pensioners are required to submit a life certificate to continue receiving their pension in their bank accounts. In the past, this meant visiting…
The buzz around the 8th Pay Commission has resurfaced, and central government employees are once again hopeful for a significant salary hike. Though no official word has come from the government yet, recent discussions have sparked optimism that the Eighth Pay Commission could be announced soon. Shiv Gopal Mishra, General Secretary of the All India Railwaymen’s Federation (AIRF), shared his thoughts in a recent interview, expressing confidence that salaries for government employees will see an increase starting January 2026. Salary Hike Expected by January 2026, Says AIRF Leader According to Shiv Gopal Mishra, there is a strong belief that the…
Union Road Transport and Highways Minister Nitin Gadkari has made a significant announcement, stating that India’s logistics costs will reduce to single digits within the next five years. Speaking at the ‘Deloitte Government Summit,’ Gadkari shared that the government’s focus on building key infrastructure, including highways and expressways, is central to achieving this goal. His vision is to create a more efficient and cost-effective logistics network that will benefit industries across the country. Infrastructure Development Key to Cost Reduction India currently faces higher logistics costs compared to developed nations, which puts pressure on businesses and the overall economy. However, Gadkari…
Macrotech Developers to Acquire Ivanhoe Warehousing India’s Stake in Three Firms for Rs 239.56 Crore
In a significant move to enhance its presence in the industrial and logistics sectors, Macrotech Developers has announced that it will acquire Ivanhoe Warehousing India’s stake in three different entities for a total deal value of Rs 239.56 crore. The company confirmed the news through a filing with the stock exchanges, stating that Securities Purchase Agreements (SPAs) have already been signed for the acquisition. Three Companies Involved in the Deal Macrotech Developers will buy stakes in the following three companies: These companies play a key role in the digital infrastructure and logistics sectors, aligning with Macrotech’s long-term strategy to boost…
The central government has announced an important update for Provident Fund (PF) account holders, allowing higher withdrawal limits during emergencies. Union Labor and Employment Minister Mansukh Mandaviya revealed that the withdrawal limit from PF accounts has now been increased from ₹50,000 to ₹1 lakh. This is great news for members of the Employees’ Provident Fund Organization (EPFO), as the change provides better financial flexibility in case of emergencies like medical treatments, education, or urgent family needs. Immediate Access to PF Funds for Emergencies In addition to increasing the withdrawal limit, the government has also relaxed several rules related to PF…
On Thursday, Economic Affairs Secretary Ajay Seth stated that the recent 0.50% interest rate cut by the US Federal Reserve is unlikely to have any significant effect on foreign investments in India. He explained that while the Fed’s move benefits the US economy, India will make decisions based on its own economic needs. The Reserve Bank of India (RBI) will focus on what is best for the Indian economy, Seth added. No Major Impact on Indian Investments Expected, Says Economic Affairs Secretary The US Federal Reserve’s rate cut of 50 basis points comes after keeping rates at a more than…
US Federal Reserve Cuts Interest Rates by 50 Basis Points: What It Means for the Indian Stock Market
The US Federal Reserve recently made a significant move by cutting its interest rates by 50 basis points on September 18, marking the first rate reduction in the past four years. This decision, while aimed at addressing concerns over the US economy, has sent ripples through global markets, including India. Experts believe that while this aggressive rate cut may provide temporary support to Indian equity markets, there are concerns about the possible implications of an economic slowdown in the United States. Initial Market Reactions: GIFT Nifty and Indian ADRs Respond Immediately after the Fed’s announcement, the GIFT Nifty futures on…
Getting your PAN (Permanent Account Number) card is now easier than ever with online applications. PAN is an essential document for all financial activities in India, including filing taxes, opening a bank account, taking loans, or making investments. Whether you are an Indian citizen, NRI, or OCI, you can easily apply for a PAN card online and have it delivered to your home. Here’s how to do it: How to Apply for PAN Card Online You can apply for a PAN card through two primary portals: NSDL (now called Protean eGov Technologies Ltd) or UTIITSL. Both websites offer a seamless…
The interest of Indian investors in Greece’s real estate market has seen a sharp rise in recent months, especially due to the recent changes in Greece’s Golden Visa Programme. Starting from September 1, new rules have made it mandatory for foreign investors to double their investment if they want to acquire permanent residency in Greece. New Investment Requirements for Greece’s Golden Visa Previously, an investment of approximately Rs 2.5 crore in Greek real estate was enough for Indian investors to secure permanent residency in the country. However, the new rules have significantly increased this amount. To gain permanent residency in…
The government is set to introduce a Rs 1,000 crore Credit Guarantee Fund aimed at strengthening financial support for farmers and traders. This initiative is designed to provide a safety net for banks and financial institutions, encouraging them to lend more confidently to farmers. The credit will be secured against Electronic Negotiable Warehouse Receipts (e-NWR), a system that has been in place but is underutilized due to the perceived credit risk involved. Why This Loan Guarantee Fund is Crucial for Farmers Farmers often face challenges in securing loans, especially against their produce stored in registered warehouses. The newly announced fund…