Friday, August 14
New Delhi: EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to their bank accounts through UPI payment gateway by April this year, a top source has said.The labour ministry is working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be available for withdrawal through their bank account using Unified Payment Interface (UPI), the source told PTI.He explained that the subscribers will be able to see the eligible EPF balance available for transferring into their seeded bank accounts.They will be allowed to use their linked UPI pin for completing the transaction to ensure a secure transfer of money into their bank accounts.Once the money is transferred into bank accounts, the members can use the money the way they
Iran's communications blackout last week seemed complete. Internet and cellular networks had been shut down by authorities. Online banking, shopping and text messaging services stopped working. Information about the growing protests was scarce. Yet a ragtag network of activists, developers and engineers pierced Iran's digital barricades. Using thousands of Starlink satellite internet systems that they had quietly smuggled into the country, they got online and spread images of troops firing into the streets and families searching for bodies. Their actions, described by digital rights researchers and others, forced Iran's government to respond. Authorities deployed military-grade electronic weaponry designed to disrupt the GPS signals that Starlink equipment needs to function, a step that ac
Veteran investor Madhu Kela has picked up a 1.12% stake in Emkay Global during the December quarter, according to the company's latest shareholding disclosure, signalling fresh interest in the mid-sized broking and financial services firm.At the same time, ace investor Dolly Khanna trimmed her holding in the company to 2.3% at the end of the December quarter, down from 2.7% in the September quarter.Emkay Global's shareholding pattern shows promoters holding about 72% of the company, while the remaining 28% is owned by public shareholders, including domestic institutions, non-institutional investors and high-net-worth individuals. The high promoter stake highlights management control and long-term commitment to the business.Emkay Global is a diversified financial services company with a str
In 2022, Russian journalist Dmitry Muratov auctioned his Nobel Peace Prize for a record-breaking $103.5 million to raise money for Ukrainian child refugees. In 2014, James Watson sold his for over $4 million, having been awarded the medal decades earlier for codiscovering the structure of DNA. The Nobel Prize has become the focus of an ethical debate about who gets to claim it after María Corina Machado, Venezuela's opposition leader, offered to share hers with President Donald Trump despite the Nobel Committee's stipulation that the prize cannot be revoked, shared or transferred. It can, however, be sold for millions of dollars. Since the 1980s, the Nobel medal has been made with 18-karat recycled gold, according to the Nobel Committee. And, in a few auctions across the prize's history,
