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For the fiscal year 2023–2024, the CBT suggested crediting members' EPF accumulations with an annual rate of interest of 8.25%. The interest rate earlier was 8.15%. According to the PIB release dated February 10, 2024, “The Board has recommended a distribution of historic income amount of Rs. 1,07,000 crores to EPF members' accounts on a total principal amount of about Rs. 13 lakh crores, which was Rs. 91,151.66 crores and Rs. 11.02 lakh crores in the financial year 2022-23, respectively. The total income recommended for distribution is the highest on record.” <div data-placement=«Mid Article Thumbnails» data-targ

Apeejay Surrendra Park Hotels IPO: The listing date of the initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited has been fixed on 12th February 2024 i.e. on Monday next week.

Multibagger stock: Shares of Indian Railway Finance Corporation Limited are one of the multibagger stocks that the Indian stock market has delivered in the last one year. At this time, this railway PSU stock has given over 400 percent return to its shareholders. However, IRFC share price has been under sell-off stress after climbing to its lifetime high of ₹192.80 per share on NSE at the end of January 2024.

₹4,05,918 crore to states for centrally sponsored schemes in 2022-23, and that it intends to raise that to ₹4,39,314 crore in the current fiscal year. The transfers under central schemes were ₹12,867 crore in 2022-23, and will rise to ₹64,172 crore this year. Transfers worth ₹1,48,098 crore were made under ‘other categories expenditure’ to states in 2022-23, which for the current year is estimated at ₹1,32,712 crore.

Buy or sell stocks: After witnessing a sharp sell-off on Thursday, the Indian stock market shifted into a sustainable upside bounce from the lows and closed higher on Friday. The Nifty 50 index gained 64 points and closed at the 21,782 level, the BSE Sensex went up 167 points and closed at the 71,595 mark while the Nifty Bank index shot up 622 points and finished at the 45,634 level. However, broad market indices continue to remain weak.

Among other important results will be those by Aurobindo Pharma, Chemcon Speciality Chemicals, Sai Silks (Kalamandir), Mawana Sugars, MM Forgings and Yatharth Hospital & Trauma Care Services.

ONGC's numbers in the third quarter on a year-on-year basis. However, the state-owned oil and gas company is expected to have a steady quarter on a sequential basis. Here's what to expect from ONGC's Q3:

Rahul Gandhi that Prime Minister Narendra Modi is not an OBC as he was born into the general category, former Rajasthan Chief Minister Ashok Gehlot on Friday said the latter's caste was not included in Other Backward Classes (OBC) list as per the recommendations made by Mandal Commission and Bakshi Committee. In a post on X, Ashok Gehlot said, «Rahul Gandhi has spoken the truth on the issue of Prime Minister Narendra Modi's inclusion in OBC because Modi/Ghanchi caste was not included in OBC list in the recommendations of Mandal Commission and Bakshi Committee, which was formed in 1978 for backward classes in Gujarat. His caste was that of a business community in the entire country. People from Jain, Maheshwari, and Agarwal communities commonly use the Modi surname.» Gehlot further said if PM Modi considers himself as the biggest supporter of the OBC community, then he shoudl have a nationwide caste census conducted at the earliest.

Healthcare Global Enterprises declared their Q3 FY24 results on 08 Feb, 2024. The topline increased by 10.62% & the profit decreased by 24.4% YoY.

‘My memory is fine’: Biden hits back after report cites age concerns The White House directly targeted special counsel Robert Hur, a Republican who was appointed by then-president Trump to be US attorney for the District of Maryland in 2017. But it was Biden's own attorney general Merrick Garland who named Hur as special counsel in the documents case. Hur and his team identified several reasons why they weren’t recommending charges against Biden and what his defenses during a potential trial might be, including that he has a frail memory.

Cummins India declared their Q3 FY24 results on 07 Feb, 2024. The topline increased by 16.31% and the profit increased by 20.57% YoY. Compared to the previous quarter, the revenue grew by 32.26% and the profit increased by 51.6%.

environmental clearance to more than 80 per cent of the proposals for «projects and activities» in the eco-sensitive zones of the country in the last five years, Union minister Ashwini Choubey informed the Rajya Sabha on Friday. He also said the Standing Committee of National Board for Wild Life (SCNBWL) recommended a total of 689 proposals in the last five years. The minister said the environment ministry approved 43 of the total 53 proposals received in the last five years for «projects/activities» in the default eco-sensitive zones (ESZs) according to the provisions of the Environment Impact Assessment Notification, 2006. ESZs are eco-fragile areas within 10 kilometers of the borders of protected areas, including national parks and wildlife sanctuaries.

CERT-In has pinpointed vulnerabilities in Google Chrome OS that could potentially be exploited by remote attackers, allowing them to execute arbitrary code, attain elevated privileges, circumvent security restrictions, or induce denial of service conditions on impacted systems. The root causes of these vulnerabilities lie in a "use after free" flaw within the Side Panel Search feature and inadequate data validation in extensions.

world cricket committee (WCC) of the Marylebone Cricket Club (MCC), the custodians of laws of the game. The WCC met in Cape Town last week on the sidelines of SA20. In a statement, the Committee rued the lack of a series decider in the drawn series between Australia and West Indies following the visitors’ stunning win at the Gabba. India and South Africa too drew a fiercely contested two-match series in December.

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A secured credit card is a variant of credit card that is backed by a monetary deposit given by the cardholder to a card issuing bank. And this deposit works as a collateral for the lender. Secured credit card is generally given to the customers who have a limited or poor credit score.

Nifty Bank rallied more than 600 points on Friday but closed the week with a loss of 0.73%. The Nifty Bank rose 622 points to 45,634 or 1.38% on Friday. The Nifty50 closed 64 points higher at 21,782.

The troubles in the United States commercial property market, which have already hit banks in New York and Japan, moved to Europe this week, elevating fears about broader contagion.

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The Employees’ Provident Fund Organisation (EPFO) is contemplating reinvesting 50 per cent of its exchange traded funds (ETFs) redemption proceeds back into equity, reported Business Standard. 

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing market that were not taught in school.