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India’s Labour Force Expands: Unemployment Rate Down To 3.2% From 6% – Key Details Inside
The Ministry of Labour and Employment has observed a fall in the unemployment rate. The fall in the unemployment rate was from 6.0 per cent to 3.2 per cent. Read the full story here
PAN 2.0: Hurry UP! Surrender Duplicate PAN Card Now Or Face Rs 10,000 Penalty
Holding a duplicate PAN can attract a penalty of up to Rs 10,000, as per Section 272B of the Income Tax Act, 1961. To avoid incurring a penalty, you can submit the necessary forms to authorized PAN service providers, such as NSDL or UTIITSL, to voluntarily surrender your duplicate PAN card. Read the full story here
Inflation Vs. Growth: RBI’s Balancing Act Raises Questions On Policy Effectiveness
The RBI chose the artificial way of controlling the inflation rate. It is interesting to note that the CPI or the Consumer Price Index is up due to the rising food inflation. Read the full story here
Share Market Today: Sensex And Nifty Drop As RBI Holds Key Lending Rates Steady
Reserve Bank of India (RBI) in its 52nd Monetary Policy Committee (MPC) meeting kept the Repo Rate unchanged at 6.5%. This is the eleventh straight time when the key rate has been kept unchanged. Read the full story here
Gokul Subramanian Leads $50M Global Data Fabric Initiative to Revolutionize Enterprise Data Management
As a result of the complexity in enterprise data management, a celebrated example of implementing a Global Data Fabric stands as proof of outstanding program management and vision. Read the full story here
ITR Filing Exemption For Senior Citizens: Who’s Eligible And How To Avail Benefits?
Meanwhile, section 194P of the Income Tax Act, 1961 outlines the conditions under which Senior Citizens are exempt from filing their income tax returns. Additionally, this section is applicable from April 1, 2021. Read the full story here
Network Operations Transformation: Advancing Telecom Monitoring Through Automation Innovation – Priyank Mohan
In a transformative initiative that redefined network monitoring standards in telecommunications, Mr. Priyank Mohan spearheaded a comprehensive optimization of network operations monitoring across a national cellular provider's infrastructure at Nokia Siemens Networks. Read the full story here
Production Linked Incentive Scheme Creates 9.5 Lakh Jobs – Key Details Inside
The production-linked incentive scheme launched by the Central Government in August of 2020. Under the PLI scheme the government provides the manufacturing industries with subsidies. The subsidies distributed among the industries are production-linked incentives. Jitin Prasada, Minister of State for Commerce and Industry informed the Parliament about the success of the PLI scheme. Additionally, Jitin […] Read the full story here
Transforming Enterprise Reporting With A Power BI Revolution Led By Dinesh Nayak Banoth
Dinesh Nayak Banoth is leading a transformative initiative in enterprise reporting through the innovative use of Power BI. Read the full story here
Revolutionizing AML Compliance Through Machine Learning: A Transformation Journey
As one of the pioneering persons in financial risk management, Indra Reddy Mallela has managed to stand out with innovative approaches to model validation and assessment of risk. His expertise includes regulatory compliance, anti-money laundering (AML) frameworks, and implementation of advanced analytics solutions. Read the full story here
Senior Citizen Savings Scheme: How To Maximize Your Retirement Savings? Check Details
The Senior Citizen Savings Scheme (SCSS) is a government-backed savings plan for individuals aged 60 and above. The scheme has been launched with the motive of providing senior citizens in India with a regular income after they reach the age of 60. Read the full story here
Hemant Singh – Leading the Charge In Product Innovation
Hemant is a seasoned product manager with over two decades of expertise in data-driven product management and AI/ML implementations. Their proficiency in financial processes and cloud platforms, combined with strong stakeholder management skills, positions them as a leader in driving growth and efficiency in product development. Read the full story here
Bridging Healthcare Gaps: Pradeep Etikani’s Vision for Health Equity Through Technology
This innovative endeavor aligns with the crucial confluence of health access and SDOH. Pradeep Etikani is at the helm of this transformational project for Major Retailer, promising to reshape the delivery of care to the underserved. Read the full story here
RBI MPC Meeting: What Are The Key Takeaways On GDP, Interest Rates, And Economic Outlook?
The 52nd MPC meeting commenced on Wednesday, December 4, 2024. Notably, the MPC has held the interest rate steady at 6.50% since February 2023. Read the full story here
8th Pay Commission: Statements By Finance Ministry And NC-JCM – Will Salaries Rise By 186%?
The National Council (Staff Side) Joint Consultative Machinery (NC-JCM) has appealed to the Union Cabinet Secretary to establish the 8th Central Pay Commission without delay. Read the full story here
Gold Price Today: Prices Surge Amid RBI Policy Announcement– Check Latest Rates In Bangalore, Chennai
Gold Price Today: Bad news for Yellow metal buyers as gold prices rise amid wedding season, the price of 10 grams of 24-carat precious metal increased today by Rs 10 or 1 percent during the early morning trade. The hike was due to the investors anticipating an RBI monetary policy announcement. Read the full story here
RBI MPC: Central Bank Keeps The Lending Rates Steady For The 11th Time In A Row
The meeting was kicked-off on Wednesday, December 04, 2024. The MPC has maintained status quo on 6.50% interest rate since February 2023. Read the full story here
