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பிஎஃப் வட்டி: The Central government has clarified in Parliament that there is no proposal or active plan to raise the Employees’ Provident Fund (EPF) interest rate to 10%, and no formal demand for such a hike has been received from labour unions. The current EPF rate stands at 8.25% for FY 2025‑26, which was retained by the EPFO’s Central Board of Trustees.
Most salaried Indians are unaware that their regular PF account automatically gives ₹7 lakh life cover absolutely free under EPFO’s EDLI scheme – no extra premium, no separate registration needed. Employer pays 0.5% contribution; in case of death during service, nominee gets ₹2.5–7 lakh based on last 12-month salary and PF balance. This hidden benefit has already helped lakhs of families and remai
Former RBI Governor Raghuram Rajan has flagged surging risks in the $1.7 trillion global private credit market, driven by abundant liquidity and AI-fuelled optimism. Speaking in Singapore, he cautioned that loose Fed policy and unchecked lending to risky borrowers mirror pre-2008 conditions. With minimal regulation, no stress tests and no direct central-bank lifeline, private credit could become t
