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NPS exit overhaul: PFRDA eases withdrawal norms for private subscribers; exit age raised to 85 – top thing to know

India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth at…

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Panel questions IndiGo, DGCA babus, gets ‘unconvincing’ replies | India News

New Delhi: IndiGo was quizzed on Wednesday by a parliamentary committee over the misery inflicted on passengers by its mass-cancellation of flights, but it blamed a variety of factors, including system glitch and adverse weather conditions, while DGCA and the aviation ministry parried off criticism of their role in the fiasco.Some committee members termed replies…

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Visa reform: Govt streamlines e-visa process for foreign professionals needed by Indian firms; DPIIT launches digital module

The government on Wednesday said it has simplified and streamlined the visa process for Indian companies seeking to bring in foreign professionals, including engineers and technical experts, whose services are required for production-related activities such as machine installation, quality checks, training and plant design.The move is expected to benefit domestic firms that import machinery from…

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Cyient arm to acquire over 65% stake in US-based power semiconductor co Kinetic Technologies for $93 million

HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30,…

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US Social Security alarm: Trump administration may force 39 states for repayment to foster kids — Check reasons

NEW DELHI: The US administration for children and families (ACF) under the department of health and human services wrote to the governors of 39 states, calling on them to safeguard Social Security benefits meant for children in foster care. In letters sent on Thursday, the ACF flagged concerns alleging that state child welfare agencies are…

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Silver prices today: White metal crosses Rs 2 lakh per kg for first time in Delhi; global rally fuels surge

Silver prices on Wednesday breached the Rs 2 lakh-per-kilogram mark in the national capital for the first time, driven by strong demand in domestic and overseas markets, according to the All India Sarafa Association, PTI reported.The white metal surged Rs 7,300 to hit an all-time high of Rs 2,05,800 per kg, compared with the previous…

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India-Oman trade deal: How the CEPA will anchor India’s expanding Gulf strategy; strengthen strategic and investment footprint

India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister Narendra…

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New Insurance Bill 2025: ‘Sabka Bima Sabki Raksha Bill’ cleared by Parliament; opens sector to 100% FDI

NEW DELHI: The Parliament on Wednesday cleared the new insurance bill that allows 100% FDI. The “Sabka Bima Sabki Raksha Bill” was passed in Rajya Sabha, a day after getting Lok Sabha’s nod. This comes despite several Rajya Sabha opposition members’ demands that it’s referred to a Parliamentary committee fir further scrutiny. The members also…

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