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Provident fund interest rate cut to 4-decade low of 8.1 pc

New Delhi, Mar 12 (PTI) Interest rate on employees' provident fund deposits on Saturday was cut to a four-decade low of 8.1 per cent for the 2021-22 fiscal from 8.5 per cent in the previous year. This is the lowest interest rate since 1977-78 on deposits that employees make towards their retirement fund. Interest rate [...]

Interest rate on provident fund cut to four-decade low of 8.1 pc

New Delhi, Mar 12 (PTI) Interest rate on employees' provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year, sources said. This is the lowest interest rate since 1977-78 on deposits that employees make [...]

Odisha, Nabard join hands to increase fish production

Bhubaneswar, Mar 12 (PTI) The Odisha government and the National Bank for Agriculture and Rural Development (Nabard) have inked a pact for the creation of fisheries infrastructure to augment fish production in the state.The memorandum of agreement was signed between Principal Secretary, Finance, Vishal Dev and Nabard chief general manager C Udayabhaskar on Friday, according [...]

Travel demand picking up: Booking Holdings

Mumbai, Mar 11 (PTI) Bookings in the travel industry are picking up pace, and 2022 will be another recovery year for the sector, Booking Holdings President and CEO Glenn Fogel said on Friday."It's been a difficult time for the travel industry for the last two years...But the interesting thing is that people always want to [...]

CEPA to help new biz, create jobs in India, UAE: Zeyoudi

Mumbai, Mar 11 (PTI) Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates will enhance the exports between the countries and help create jobs and new businesses, UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi said on Friday."The signing of CEPA between India and UAE is going to [...]
QR code-based GI tag to discourage counterfeit production of Kashmiri carpets

QR code-based GI tag to discourage counterfeit production of Kashmiri carpets

New Delhi, Mar 11 (PTI) Implementation of QR-code based Geographical Indication (GI) tag for Kashmiri hand-knotted carpets will discourage their counterfeit production and enable buyers to identify authenticity of carpets produced in the union territory, an official said on Friday. The QR-code based mechanism has recently been introduced for the purpose of testing and certification [...]