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Employee Provident Fund Organization : New Instructions

Employee Provident Fund Organization : New Instructions The Employee Provident Fund Organization recently issued new instructions for pensions. Earlier the amount contributed towards the scheme was capped at Rs 15,000. Now EPFO says the employees can contribute more than this. Both employer and employees contribute a certain amount (from their salary) to the EPFO scheme […]

First Semiconductor Plant Of India : Gujrat

First Semiconductor Plant Of India : Gujrat The Vedanta group and the Foxconn of Taiwan have come together to build the first semiconductor manufacturing unit in Dholera of Gujarat. The companies signed a Memorandum of Understanding with the Gujarat Government The semiconductor plant will be built in the Dholera Special Investment Region in Ahmedabad. It […]

India’s First Hybrid Rocket

India’s First Hybrid Rocket: India’s first hybrid-sounding rocket by private players was launched from Tamil Nadu’s Pattipulam. Martin Foundation, in association with Dr APJ Abdul Kalam International Foundation and Space Zone India, launched the Dr APJ Abdul Kalam Satellite Launch Vehicle Mission- 2023. The selected students designed and constructed a student satellite launch vehicle (rocket) […]

New Breeds Of Indigenous Livestock Species

New Breeds Of Indigenous Livestock Species: The Ceremony for Distribution of Animal Breed Registration Certificates organised by the Indian Council of Agricultural Research (ICAR) was concluded. In the address,the Union Agriculture and Farmers Welfare Minister, has emphasised the importance of identifying the large number of indigenous livestock breeds in India to make the agriculture and […]

Draft Reserve Bank Of India (Government Securities Lending) Directions, 2023

Draft Reserve Bank Of India (Government Securities Lending) Directions, 2023: The Reserve Bank of India released Draft Reserve Bank of India (Government Securities Lending) Directions, 2023. The RBI proposed introduction of securities lending and borrowing in Government Securities (G-sec) with an aim to facilitate wider participation in the securities lending market by providing investors an […]