In a move that offers much-needed relief to Public Provident Fund (PPF) account holders across India, Finance Minister Nirmala Sitharaman has officially announced that individuals will no longer have to pay any fees to add, update, or remove nominee details in their PPF accounts. The announcement was made via a post on social media platform X and follows a recent government notification that amends the applicable savings rules. Through Gazette Notification 02/4/25, changes have been introduce

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

In a politically charged development, key Tamil Nadu BJP leaders, including state BJP chief Annamalai, former Telangana Governor Tamilisai Soundararajan, and BJP state secretary Vinoj P Selvam were detained by Tamil Nadu police on Monday. The leaders were held ahead of their planned protest against the alleged Tamil Nadu State Marketing Corporation Limited (TASMAC) liquor scam. The protest, scheduled to begin at 11 am, faced disruption as BJP leaders were either placed under house arrest or t

The central government is expected to announce a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) this week, according to several media reports. This anticipated hike is set to benefit over 12 million central government employees and retirees under the guidelines of the 7th Pay Commission. If implemented, this increase will raise the existing DA from 53% to 55% of the basic pay. The increase is designed to help employees and pensioners manage inflation by adjusting their income to

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

The Trump administration’s renewed focus on illegal hiring preferences for foreign workers, particularly within the H-1B visa program, has heightened concerns in the immigrant community. The Equal Employment Opportunity Commission (EEOC) is actively investigating hiring practices that may disadvantage American workers, aiming to uphold federal employment laws and prevent discrimination.On February 19, 2025, the EEOC issued a strong warning to businesses against prioritizing foreign work

Former Andhra Pradesh Chief Minister Jagan Mohan Reddy took a sarcastic and dismissive stance when asked about Deputy CM Pawan Kalyan’s recent remarks on opposition status. During his latest media interaction, Jagan reacted to questions about Pawan Kalyan’s statement that the people had rejected Jagan as an opposition leader, and the government had no jurisdiction in the matter.Rather than engaging in a detailed response, Jagan responded with a sharp and provocative comment about

National Aerospace Laboratories (NAL), a premier aerospace research institution under the Council of Scientific and Industrial Research (CSIR), has announced the recruitment of 30 Scientist vacancies for 2025. The recruitment drive offers a competitive salary package, job security, and career growth opportunities in the aerospace sector.The online application process is now open at nal.res.in, and the last date to apply is March 3,

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

US President Donald Trump delivered a triumphant address to Congress, emphasizing his administration’s policy shifts in global trade, domestic regulations, and federal restructuring. Within just six weeks of taking office, Trump boasted of achievements that have significantly altered America’s foreign relations, triggered trade disputes, and reduced the size of the federal workforce. His speech was met with a standing ovation from Republican supporters, while Democrats protested s

Nine months after the formation of the NDA government in Andhra Pradesh, the state is showing a strong economic turnaround. The latest fiscal survey presented in the Assembly highlights that Andhra Pradesh has recorded a 12.94% growth in fiscal management, a clear indication of recovery from the previous administration’s economic downturn. The progress is primarily driven by agriculture, industrial development, and energy production, reflecting the effectiveness of new policies focused

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Indian Oil Corporation Limited (IOCL), one of India's leading public sector enterprises, has announced vacancies for the post of Assistant Quality Control Officer. The recruitment drive offers competitive salaries, career growth opportunities, and a structured selection process for eligible candidates.The notification details the eligibility criteria, salary structure, service bond, and selection procedure, inviting qualified professionals to apply before the deadline.  

Washington: Errol Musk, the father of billionaire entrepreneur Elon Musk, has raised doubts about his son's potential political career, citing concerns over his ability to connect with people at all levels. In a candid interview with Al Arabiya News, Errol expressed skepticism about Elon’s suitability for politics, emphasizing that his son is more accustomed to working with elite professionals than engaging with the general public.   E

The Trump administration has taken a dramatic step in reshaping U.S. foreign aid by terminating 2,000 employees from the U.S. Agency for International Development while placing thousands more on administrative leave around the globe. Following a ruling by a federal judge, the decision affects both domestic and international USAID staff, leaving only those designated as essential for mission-critical functions, leadership, or specific programs in active service. As of 11:59 p.m. EST on

  The idea of distributing federal savings back to American taxpayers in the form of 'DOGE dividends' has recently gained traction, largely fueled by a social media exchange between Elon Musk and President Trump. This novel concept, which originated from investor James Fishback, suggests using savings from federal government cuts to send checks to taxpayers. However, the policy, as proposed, may leave out low-income Americans who do no

Former Delhi Chief Minister and AAP leader Atishi has accused the newly formed BJP government of failing to fulfill its pre-election promise of providing a Rs 2,500 monthly allowance to women in its first cabinet meeting. In a video posted on X, she criticized the BJP for allegedly deceiving the women of Delhi.In response, newly appointed Delhi Chief Minister Rekha Gupta dismissed Atishi’s remarks, stating that the new government would operate on its own terms. "It’s our gove

Maharashtra Agriculture Minister and Nationalist Congress Party (NCP) leader Manikrao Kokate has been sentenced to two years in prison by the Nashik district and sessions court in a 1995 case involving the use of fraudulent documents to obtain government flats under a special housing scheme. In addition to the jail term, he has been fined Rs 50,000. His brother, Sunil Kokate, was also convicted in the same case.The verdict was delivered by Additional Chief Justice

In a sharp address to the Lok Sabha, Congress MP Rahul Gandhi criticized Prime Minister Narendra Modi’s flagship ‘Make-in-India’ initiative, claiming it failed to address India’s growing unemployment crisis and the country’s manufacturing sector’s decline. Gandhi pointed out that despite the initiative’s good concept, its implementation had been ineffective. He highlighted that the share of manufacturing in India’s GDP had decreased from 15.3% i