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22 Apr

MF NFO: SBI Mutual Fund launches Income Plus Arbitrage Active FOF

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#NFOSBIMFOF #FIncomePlusArbitrageActiveFOF The New Fund Offer (NFO) opens on April 23, 2025, and closes on April 30, 2025. Chandigarh: SBI Mutual Fund has launched the SBI Income Plus Arbitrage Active Fund of Fund (FOF). This is an open-ended fund that invests in a mix of actively managed debt-oriented and arbitrage mutual fund schemes. The New Fund Offer (NFO) opens on April 23, 2025, and closes on April 30, 2025. The scheme follows a Fund of Fund structure. It will invest in mutual fund schemes of SBI Mutual Fund and/or other mutual funds. The investment objective is to generate regular income and capital…

22 Apr

On World Earth Day, Dabur Revives 24,000 KL Local Pond in Ghaziabad

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#WorldEarthDayDabur Moves Closer to Achieving Water Positivity Ghaziabad: Dabur India Limited, a leading name in natural and Ayurvedic healthcare, today announced the successful revival and rejuvenation of the Matawala pond and community well in Muradnagar block of Ghaziabad, Uttar Pradesh. The revived water body was dedicated to the community on World Earth Day today. The revival of this water body, which now has a capacity to collect and harvest over 24,570 KL of rainwater, was undertaken as part of Dabur's ongoing Corporate Social Responsibility (CSR) efforts and takes the company closer to its ambitious mission to become Water Positive by…

22 Apr

Union Public Service Commission Announces Final Results of Civil Services Exam 2024

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#UPSCResults2024 New Delhi: Based on the result of the written part of Civil Services Examination, 2024 held by the Union Public Service Commission in September, 2024 and the interviews for Personality Test held in January-April, 2025, following is the list, in order of merit, of candidates who have been recommended for appointment to: Among the finally qualified candidates, the top five comprise three women and two men. Top Five Ms. Shakti Dubey (Roll No. 0240782) has secured the first position in the Civil Services Examination, 2024. She qualified the examination with Political Science & International Relations as her optional subject.…

22 Apr

Centre imposes 12% safeguard duty to shield Indian steel sector

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#12percentdutyonsteelimports Relief for domestic producers amid surge in steel imports New Delhi: The Union Minister for Steel and Heavy Industries, Shri H. D. Kumaraswamy, welcomed the decision to impose a 12 percent safeguard duty on the import of certain non-alloy and alloy steel flat products. This measure is a timely and necessary step to protect domestic steel manufacturers from the adverse impact of import surges and to ensure fair competition in the market. “This move will provide critical relief to domestic producers, especially small and medium-scale enterprises, who have faced immense pressure from rising imports. The safeguard duty will help…

22 Apr

Gold Price: सोना हुआ 1 लाख रुपए प्रति तोला के पार, समय से पहले भरी उड़ान

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#GoldPricealltimeHigh #Goldat1lakhper10gram मुंबई: संभावित अनुमानों को पीछे छोड़ते हुए देश में सोना (Gold) एक लाख रुपए प्रति 10 ग्राम के पार पहुंच गया है। हालांकि, सोने की यह कीमत खरीदारी पर जीएसटी के साथ है। यह सोने की कीमतों का उच्चतम स्तर है। इसके साथ ही सोने की कीमतों को लेकर लगाए जा रहे सारे अनुमान सही साबित हुए हैं। दरअसल, कई नेशनल और इंटरनेशनल एक्सपर्ट्स ने गोल्ड पर एक लाख रुपये का टारगेट प्राइस दिए थे। हालांकि, इसके लिए समय सीमा इस साल के आखिरी तक की बताई थी। लेकिन, सोने ने इससे पहले ही यह जबरदस्त तेजी दिखा दी…

22 Apr

EPFO Adds 16.10 Lakh Net Members during February 2025

MFNewsBreaking News, Business, Insurance, Opinions, Technology

#EPFOAdds16LakhMembers 7.39 Lakh New Members Enrolled with EPFO New Delhi: The Employees' Provident Fund Organization (EPFO) has released provisional payroll data for February 2025, revealing a net addition of 16.10 lakh members. The year-on-year analysis reveals a growth of 3.99% in net payroll additions compared to February 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives. Key highlights of the EPFO Payroll Data (February 2025) are as follows: New Subscribers: EPFO enrolled around 7.39 lakh new subscribers in February 2025. This addition of new subscribers can be attributed to growing employment opportunities,…

22 Apr

DAIS FTC Teams Make History at the FIRST® Tech Challenge World Championship 2025

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#DAISFTCFIRSTTechWorldChampionship25 Houston, Texas / Mumbai, India: Dhirubhai Ambani International School (DAIS), Mumbai, proudly announces a historic moment at the FIRST® Tech Challenge World Championship 2025, where both of its robotics teams — Team Matrix and Team Eureka — emerged as global finalists, competing head-to-head in an unprecedented all-DAIS Grand Final. This achievement marks the first time any team from India has won the FTC World Championship, placing India firmly on the global STEM map. Organised by FIRST® (For Inspiration and Recognition of Science and Technology), the world championship was held at the George R. Brown Convention Center in Houston, Texas,…

21 Apr

JSW ENERGY BREAKS GROUND ON 1600 MW ULTRA SUPERCRITICAL THERMAL POWER PLANT IN SALBONI, WEST BENGAL

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#JSWEnergy Chandigarh: JSW Energy Limited, a leading private-sector power producer in India and a part of the $24 Billion JSW Group, today commenced construction of its state-of-the-art 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal. The groundbreaking ceremony was graced by the Hon'ble Chief Minister of West Bengal, Ms. Mamata Banerjee, along with JSW Group Chairman Mr. Sajjan Jindal, JSW Foundation Chairperson Ms. Sangita Jindal, and Mr. Parth Jindal of the JSW Group, as well as other dignitaries from the government. This ₹16,000 crore project is Company’s largest greenfield project till date. The plant is…

21 Apr

Motion Education Outshines National Average Percentage By 65.8% Students Qualify for JEE Advanced 2025

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#MotionEducation Chandigarh: In a remarkable display of academic excellence, Motion Education, led by the real Jeetu Bhaiya of Kota – NV Sir (Mr. Nitin Vijay) – has once again raised the bar in competitive exam preparation. Based on results compiled so far from JEE Main 2025, a staggering 65.8% of Motion Education students have qualified for JEE Advanced, far surpassing the national qualification average of 16.25%. Motion proves that even an average student can dream big and crack India’s toughest exams like IIT-JEE or NEET with focused guidance and the right tools. Speaking on the occasion, Mr. Nitin Vijay, Founder…

20 Apr

Easy Process: NRIs wanting to invest in Indian Mutual Funds

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#NRIinvestIndianMutualFunds Mumbai: Mutual Funds provide NRIs with a structured way to invest in India's financial markets, enabling capital growth and diversification. The Indian mutual fund industry's AUM has more than doubled in five years. NRIs need to complete KYC and choose the right bank account for investment. As India takes giant strides on the path to development and gets set to meet its target of a $5 trillion economy, the prospect of participating in its financial markets is an opportunity for wealth creation for Indians residing in the country and those settled overseas. Towards this, Mutual Funds offer a structured…