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The Employees’ Provident Fund Organisation (EPFO) announced the interest rate on employees’ provident fund for FY2023-24 in February. The retirement fund body raised the interest rate by 10 basis points (bps) to 8.25% for the last fiscal year, 8.15% in the preceding year. This is the highest interest rate on EPF deposits in the last three years.

CIBIL score. By raising a home loan or taking a loan against a property, you can lengthen your credit history, which is an important factor in credit scoring models. And a longer credit history usually reflects positively on your creditworthiness.

Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $1.8 trillion on green transitions last year. “Wind and solar are already significantly cheaper than coal and oil" is how US President Joe Biden conveniently justifies spending hundreds of billions of dollars on green subsidies. Indeed, arguing that wind and solar is the cheapest is a meme employed by green lobbyists, activists and politicians globally.

horses bolted during routine exercises near King Charles III’s main residence in London on Wednesday and ran loose through the centre of the city, injuring at least four people and colliding with vehicles during the morning rush hour.Chaos erupted when about seven horses from the Household Cavalry became spooked by noise caused by nearby construction workers while the animals were taking exercise in Belgravia, a swanky neighbourhood just to the west of Buckingham Palace, British media reported.The riderless horses galloped down main roads in central London, running into vehicles and stunning commuters as they headed to work. The horses were all captured shortly after and and are undergoing medical tests, officials said.Pictures and videos shared widely across social media showed two of the horses running at speed down Aldwych, in between London’s historic financial center and the busy West End theatre district.One of the horses had its front covered by what appeared to be blood or red paint.

Barclays is supposed to be cutting£0.7bn of costs from its investment bank, but it hasn't made much progress yet. Today's first quarter results show operating costs in the business were just £31m lower in the first quarter of 2024 than the same quarter of 2023. Only another £670m to go.  

If you're a bank wondering whether hiring new talent is a good move in a difficult market, Deutsche Bank'sfirst quarter results today should lay your fears to rest. After some voracious hiring, first quarter results in the investment bank were pretty fine.

LONDON — Barclays on Thursday reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Lok Sabha elections on April 26, restaurants and hospitals in Noida and Greater Noida are offering discounts to citizens who exercise their right to vote tomorrow. Officials said restaurants are offering up to 20% discount on bills, while hospitals are giving free full body check up to voters, PTI reported.

PI Industries Ltd. rose 0.17 per cent to Rs 3746.85 in Thursday's trade. It hit an intraday high of Rs 3776.05 and low of Rs 3724.0, respectively, during the day. The stock quoted a 52-week high price of Rs 4032.0 and low of Rs 3015.15.

Crompton Greaves Consumer Electricals Ltd. traded 1.02 per cent down in Thursday's trade at 01:13PM (IST). Around 49,186 shares changed hands on the counter. The stock opened at Rs 311.8 and touched an intraday high and low of Rs 312.9 and Rs 307.0, respectively, in the session so far. The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 327.8 and a 52-week low of Rs 251.25.

central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters. The plans come as internal government data shows individuals have lost funds of nearly $1.26 billion in financial institutions to cyber fraud since 2021, with one of the sources saying about 4,000 fraudulent accounts are opened every day. Tens of thousands of Indians receive daily telephone calls seeking to defraud them by accessing their bank accounts and wallets to siphon off money that then accumulates in the scammers' accounts.

Marico Ltd. traded 0.52 per cent down at Rs 507.05 on Thursday at around 01:18PM (IST), while the benchmark BSE Sensex advanced 231.79 points to 74084.73. As many as 25,800 shares changed hands on the counter with a total value of Rs 1.3 crore.

Amid a cost-of-living crisis, Ikea Canada says it has lowered its prices for hundreds of items this past month as part of the company’s continuing push to make home furnishing more affordable.

The Bank of Canada’s top policymakers have a “diversity of views” about when they expect interest rate cuts to start, but the meeting minutes from the governing council’s latest decision show agreement on the overall pace of easing.

interest rates from lenders. It's important to regularly review your credit report for inaccuracies and address them promptly. The DTI ratio measures your monthly debt responsibilities (like rent and minimum credit card payments) against your gross income.

Havells India Ltd. dropped 0.16 per cent to Rs 1564.9 at 11:56AM (IST) in Thursday's trade. The stock hit a high of Rs 1574.5 and low of Rs 1556.15 so far during the session. The stock had closed at Rs 1567.5 in the previous session. The counter had a total traded volume of 11:56AM shares so far with a turnover of Rs 1.14 crore on BSE. The stock traded at a price-to-earnings multiple of 83.1 and a price-to-book ratio of 11.24.

Apple lost its crown as China's biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from research firm IDC showed on Thursday. Honor and Huawei were tied for the top spot, with Honor's market share rising to 17.1% and Huawei's share climbing to 17%, IDC said, while the iPhone maker's market share fell to 15.6%.

Reena Virk‘s killer told parole officials that a television series about the Victoria, B.C., teen’s murder is “disrespectful” and will “re-victimize” Virk’s family.Documents released by the Parole Board of Canada Wednesday say Virk’s killer Kelly Ellard — who changed her name to Kerry Sim — demonstrated “remorse and victim empathy” after discussing the TV show about the high-profile 1997 murder with her case managers.The parole board decision says Sim, who was 15 at the time of the murder, admitted to playing a “greater role” in Virk’s death, and believes it was “so horrendous” that the television show, “Under the Bridge,” will “re-victimize the victim’s family.”Sim is serving a life sentence for the second-degree murder of Virk, who was 14 at the time, and who had already been badly beaten by a group of teenagers under the Craigflower Bridge before Sim drowned her in a nearby waterway.The documents say Sim is striving to have a “pro-social life,” raising her two children as a single mother after splitting with their father, though she’s frustrated and anxious about being required to live at a “community-based residential facility” in the Lower Mainland.The board’s decision to continue her day parole says Sim has improved her ability to manage stress and maintained her sobriety, finding that her release will “contribute to the protection of society by facilitating (her) reintegration into society as a law-abiding citizen.”

Xiaomi has locked in 75,723 orders for its sporty SU7 electric sedan as of April 24, and aims to deliver over 10,000 units in June, founder Lei Jun said on Thursday. The delivery target sets a record for an electric vehicle (EV) startup, Lei said during an event on the first media day of the Beijing auto show. The locked-in orders, which refer to those where buyers have opted for non-refundable deposits, have come less than one month into the launch of Xiaomi's first car in late March.

masked attackers stormed a meeting in Swedish capital Stockholm, police said on Wednesday, adding that they had begun an investigation. An evening event by the Left Party about growing fascism in Sweden was just about to start when a group of masked people entered the venue, said anti-racist foundation Expo, which had a member participating in the event.

Saurabh Nanavati, and four others have settled a case of alleged violation of mutual fund and portfolio management services regulations with market regulator Securities and Exchange Board of India (Sebi) by paying ₹4.98 crore as settlement amount. The case relates to an inspection of mutual funds and portfolio management services (PMS) activities of Invesco Asset Management for the period between October and November 2021.