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₹908 crore) to £125 million ( ₹1,320 crore). The review of Royal funding, published by the Treasury, had been framed to suggest that the King would be taking a pay cut to channel crown estate funds towards public services. However, in reality, the monarchy is due to receive a significant pay rise, starting in 2025, The Guardian reported.

H.E. President Ranil Wickremesinghe to explore multiple range of projects in Sri Lanka. In a Twitter post, Adani revealed that the discussions covered the ongoing development of Colombo Port West Container Terminal, a 500 MW wind project, and the expansion of their renewable energy expertise to produce green hydrogen.

Up to 93% of the world’s central banks are experimenting with some form of digital currency (CBDC), with two dozen expected to have one in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey.

Biological Diversity (Amendment) Bill 2021, and Forest Conservation (Amendment) Bill 2023 —will be tabled during the monsoon session of Parliament. Both have been criticised for the harmful impacts they could have on the country’s rich but fragile ecosystems and biodiversity. Both have been scrutinised by joint parliamentary committees (JPCs), which asked for public inputs on the amendments.

NEW DELHI : Byju’s former statutory auditor Deloitte, in a regulatory filing in June, signalled concerns about alleged weaknesses in internal financial controls within Think & Learn Pvt. Ltd, the company that runs the tutoring service, official documents filed with the registrar of companies (RoC) showed. The digitally signed report from the auditor has only one attachment—the resignation letter shared with the board, and no further reference to any lapses in the company, showed the document accessed by Mint from the government’s website for statutory filings of companies.

New Delhi: New formal sector workers added under the Employees’ Provident Fund Organisation (EPFO) fell to about 1.63 million in May, down from 1.72 million recorded during the previous months, according to the latest payroll data released by the government.  About 1.68 million new workers were added to the formal sector during May 2022.  "The data indicates that around 8.83 lakh new members enrolled during May, 2023 are highest during the last six months. Among the newly joined members, the age-group of 18-25 years constitutes 56.42% of total new members added during the month," said a statement from the Ministry of Labour and Employment. "Around 11.41 lakh members exited but rejoined EPFO who may have switched their jobs and re-joined the establishments covered under EPFO and opted to transfer their accumulations instead of applying for final settlement thus extending their social security protection," it added.

I am 33 years old and work in the service sector, drawing a monthly salary of ₹1 lakh. My investment portfolio includes ongoing systematic investment plans (SIPs) in mutual funds : two large-cap funds ( ₹5,500), a consumer fund ( ₹2,500), a flexi-cap fund ( ₹2,000), a tax saver fund ( ₹1,500), a mid-cap index fund ( ₹1,000), and a small-cap index fund ( ₹1,000). All these SIPs have a step-up of ₹500 every year. The total corpus accumulated from these investments so far is ₹4.32 lakh. Additionally, I hold a public provident fund (PPF) account, with a corpus of ₹3.56 lakh, and I aim to invest ₹1,500 in it every month. I contribute around ₹50,000 annually to NPS (national pension scheme) tier-1 account. For my 5-month-old daughter’s future, I plan to invest ₹12,000 every month in a Sukanya Samriddhi account. My wife and I also have a joint home loan that we are actively prepaying. We have repaid half of the principal amount over four years and plan to complete the repayment within the next five years. The monthly EMI for the home loan is ₹25,000. Looking ahead, my long-term goals include expenses for my daughter’s education, both graduation and post-graduation, with a timeline of 15-20 years. Are there any changes required in my investment strategy? —Name withheld on request Most of the equity mutual funds in your SIP are appropriate for your goals.

Mint had reported in January that India planned to prepare a collaborative road map to double the global rate of improvement in energy efficiency by 2030. “Talks will take place on accelerating efforts to enhance energy efficiency across sectors, and more in the high energy consuming sectors, among others," Mint had reported.

Tour de France, covering a 185-km route from Moutiers on Thursday. Meanwhile, defending champion Jonas Vingegaard of Denmark maintained his lead, holding the overall leader's yellow jersey. Although officially categorized as «hilly,» stage 18 was mostly a flat journey heading northwest from the Alps, passing through the gap between Lyon and Geneva before reaching the finish at Bourg en Brasse. The stage concluded with a quick and technical finish, navigating roundabouts and a sharp corner before a critical right-hand turn to the home straight, where the outcome was determined.

Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent quarter and the company swung to a loss as severe wind and hail storms in a number of regions led to rising coverage claims

Authorities say one man has been killed and at least 48 people are injured, some of them seriously, after a suspected underground gas explosion ripped open roads and flipped vehicles in the heart of South Africa’s biggest city

A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a McDonald’s restaurant

The idea of putting solar panels on top of the world's thousands of miles of irrigation canals has long seemed like a good one

Thousands of senior doctors in England are staging a 48-hour walkout to demand better pay and conditions

Employees’ Provident Fund Organisation in May fell marginally to 1.63 million compared to 1.68 million added in May last year, though the number of new employees added to EPFO were highest in the last six months at 0.88 million. The social security organisation also witnessed a month-on-month decline of 5.2% in May when compared to 1.72 million net new subscriber addition registered in April, shows the provisional payroll data released by the labour ministry on Thursday.

By Lucia Mutikani

Ram Rahim Singh was on Thursday granted regular parole of 30 days by the BJP-led Haryana government. Ram Rahim headed to his dera at Barwana in Uttar Pradesh's Baghpat district — the place where he had spent his previous parole in January this year.

New Delhi: Air India has finalized the agreement with US-based engine manufacturer CFM International for engines for 400 aircraft, the engine maker said on Thursday. CFM's LEAP engines will power the Tata Group-backed airline's new fleet of 210 Airbus A320neo/A321neos and 190 Boeing 737 MAX family aircraft.  The deal was first announced in February. The two companies have also signed a multi-year services agreement that will cover the airline’s entire fleet of LEAP engines.

₹6.90 lakh, and the XM(S) trim, priced slightly higher at ₹7.35 lakh, both ex-showroom Delhi.  These new top-of-the-line variants bring a host of exciting features to the Altroz, including the much-coveted electric sunroof exclusively available on the XM(S) model. With these latest additions, Tata Motors aims to cater to a wider range of customers, positioning the XM(S) variant between the Altroz XE and XM+.

Insurance plays a crucial role in securing the financial future of you and your loved ones. However, while taking a life cover, it becomes important to make sure that you know the difference between life insurance and term insurance so that you can get full advantages of the product you are purchasing.

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