A Hyderabad court on Sunday issued a non-bailable warrant against Vijay Mallya and Chief Financial Officer of Kingfisher Airlines A Raghunath.
Trade union had demanded an interest rate of 9 percent
EPFO is likely to appoint fund managers tomorrow for a three year term from 1 April and raise age limit for vesting of pension by two years to 60.
The EPFO has proposed an increase of service charges to Rs 75 and Rs 25 per month respectively for managing EPF and EDLI schemes for non-functional establishments having no contributory members.
Retail inflation for industrial workers in November was 11.47 percent. This is the rate of inflation which is used by central government for computing hike in Dearness Allowance.
The Employees' Provident Fund Organisation is seeking greater flexibility to park its funds in private sector debt instruments as it has already exhausted the investment limits.