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Business Standard reported. This decision was communicated to the Central Board of Trustees (CBT) during a meeting on Saturday. According to sources quoted by the Business Daily, a proposal to raise the minimum pension under EPS from ₹1,000 to ₹2,000 per month was sent to the Ministry of Finance based on recommendations from a government-appointed monitoring committee.

Regional Rapid Transit System (RRTS) connecting Delhi and Meerut will commence operations by the end of this year, according to a report of the Times of India. The RRTS will cover the stretch from Jangpura in Delhi to Meerut South, with stops at Sari Kale Khan, New Ashok Nagar, Anand Vihar, Sahibabad, Ghaziabad, Guldhar, Duhai, Murad Nagar, Modi Nagar South, and Modi Nagar North. The 17km section from Sahibabad to Duhai Depot has been operational since October last year, and the remaining stretch from Duhai Depot to Meerut South is expected to open in the coming months. According to the report, the Sarai Kale Khan RRTS station will also be connected to the section between Sahibabad and Meerut South by the end of this year. Currently, out of the total 82km Delhi-Ghaziabad-Meerut corridor, a 17km priority section with five stations has been opened to the public since October 20. The next phase will see the opening of a 25km stretch from Duhai to Meerut South. In Delhi, the RRTS spans 14km, with 9km being elevated and 5km underground. The operation of Namo Bharat trains in stage-III will begin from Sahibabad towards Sarai Kale Khan in Delhi.

British financial technology company Revolut is launching phone plans in the U.K., the company has told CNBC exclusively, making it the first financial services firm in the country to offer telecom plans — and among the first globally.

Commercial real estate (CRE) has long been an attractive investment avenue for those seeking to diversify their portfolios and capitalise on the stability and income potential of real property. Real Estate Investment Trusts (REITs) have been a game-changer in the global investment landscape, providing investors with a unique proposition to participate in the commercial real estate market. In a bid to catalyse the growth of the real estate sector in India, the Securities and Exchange Board of India (SEBI) has plans to introduce an innovative concept – the MSM REITs.

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New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday.

By Clyde Russell

Israeli hostages in Rafah amid air strikes early on Monday, which killed 37 people and wounded dozens in the southern Gaza city, said local health officials. In a post on X (formerly Twitter), the Israel Defence Force said, “Two Israeli hostages rescued during an overnight mission in Rafah. During a joint operation between the IDF, ISA, and Israel Police, two Israeli hostages from Kibbutz Nir Yitzhak were rescued: Fernando Simon Marman (60) and Louis Har (70)." “They are both in good medical condition and were transferred for further medical examination in Israel," it said.

Garena Free Fire is a battle royale game that has captivated gamers around the world with its mix of vibrant graphics and intense gameplay. Set in a virtual arena, the game gives players the opportunity to prove their survival skills in fast-paced 10-minute matches. The release of daily redeem codes by the game's developers, 111 Dot Studio, also helps in fuelling the game's ongoing popularity by tempting users with a host of free in-game goodies.

Like most years, this year too commenced with the global business and intellectual elite making their way to the World Economic Forum at Davos this January in an attempt to demystify the world around and provide some answers to the challenges that abound. But by the time the Davos spectacle came to an end, there were more questions than answers for the world at large.

Valentine's Day in 2024, it's also a great time to discuss important matters like finances. Whether you're embarking on a new relationship or have been together for years, having essential financial documents is a crucial pre-requisite of building a secure future together. In India, these documents play a significant role in safeguarding your interests and ensuring financial stability.

Warning: Details are graphic

Indian Navy veterans, previously sentenced to prison terms in Qatar, have been released and returned to India, marking a significant diplomatic achievement for New Delhi. The Ministry of External Affairs confirmed the return of seven out of the eight veterans, who had faced dire legal circumstances in Qatar. Who are the eight ex-Navy veteran? The roster of the detained veterans comprises esteemed naval officers and a sailor, each with a distinct professional journey.

Student accommodation platform Amber has raised $21 million in its first round of institutional funding, led by Mumbai-based private equity firm Gaja Capital. The round comprises $18.5 million in fresh equity and the remaining in venture debt from Lighthouse Canton and Stride Ventures.

software industry group which counts enterprise firms like Microsoft as its clients said in its representation to the ministry of electronics and information technology (MeitY). Washington DC-headquartered software industry group BSA The Software Alliance said that business-to-business and enterprise software services may not pose the same risk to user safety and public order and that the government should consider content authenticity solutions. Public policy solutions to address the issue of deep fakes remain unclear and continue to elude policymakers, said BSA in a letter to the ministry of electronics and IT earlier this month. The government plans to amend the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 to include regulations for deep fakes.

NEW DELHI : The final report on farm laws by a government-appointed committee will only be ready in a few months, said a member of the panel, as farmers geared up for a protest this week to press long-standing demands over MSP and other farm-related issues. The member who did not wish to be named said the committee that was constituted two years ago to address farmers’ grievances, including on minimum support prices (MSP), is trying to forge a consensus at the earliest. Because of the delay, farmers from Punjab and Haryana are planning to march to Delhi on Tuesday.

1 Side Hug -- A side hug is when two people hug each other with their arms around either the other person's waist or shoulder. Usually, they are standing side by side, one using the left arm and the other using the right. It signifies politeness and friendliness but if a close friend or romantic partner gives you a side hug, it signifies quick affection or comfort.

By Archishma Iyer

Stocks on Wall Street closed higher on Friday to notch another winning week as the S&P 500 ended above the key 5,000-point level for the first time ever amid an ongoing rally in mega-cap tech shares.

Indian real estate takes a stride towards transparency and continues to attract global investments; the adoption of title insurance emerges as a pivotal step in safeguarding interests of stakeholders including homebuyers as well as institutional investors. Its usage is also witnessing gradual rise across key property markets in India. However, certain challenges including limited awareness and a fragmented regulatory landscape continue to hinder the widespread adoption. What is Title Insurance? Title insurance is a specialised form of indemnity insurance designed to protect real estate owners and lenders against financial losses stemming from defects in the title or ownership of a property. These defects could include undisclosed liens, encumbrances, errors in public records, or even fraudulent claims on the property's ownership.

life insurance companies met with the chairman and members of the Insurance Regulatory and Development Authority of India (Irdai) recently, to express their concerns over a proposed change in the guidelines to calculate the surrender value of prematurely terminated policies. Industry representatives said the changes as proposed could deal a «killer blow» to the sector. Any higher surrender value would lead to a fall in the persistency ratio — which indicates the proportion of policyholders regularly paying premiums — that has been just about 50% for more than five years, they claimed. During the meeting with the regulator, they flagged the potential detrimental effects of the proposed policy on persistency, the chief executive of a company said on the condition of anonymity. «The proposed hike in surrender values could lead to higher lapsation of insurance policies, thereby lower profitability,» he said.