Blog

03 Jul

Rs 1,800 EPF Contribution Cap: Here’s How It Could Impact Your Salary and Retirement Savings

anuprovaBusiness

A proposal to retain the Employees' Provident Fund (EPF) contribution cap at Rs 1,800 per month has sparked discussions over its potential impact on employees' take-home salaries and long-term retirement savings. Under the existing framework, the statutory EPF contribution is calculated as 12% of the prescribed wage ceiling, resulting in a maximum mandatory contribution of Rs 1,800 each from both the employee and the employer. For employees whose salaries exceed the wage ceiling, employers are generally required to contribute only up to this limit unless they voluntarily agree to contribute on the higher actual salary. As a result, many workers…

02 Jul

700-Page Chargesheet Calls It “Pre-Planned”, Yet Accused Out on Bail: Meghalaya in SC

PreetiCrime, Meghalaya

The legal battle in Meghalaya’s much-discussed Honeymoon Murder case has taken a new turn. The Meghalaya government has approached the Supreme Court challenging the Meghalaya High Court’s order upholding the bail granted to Sonam Raghuvanshi. On Wednesday, Solicitor General of India Tushar Mehta sought an urgent hearing on the petition before a Supreme Court bench led by Justice M.M. Sundresh. Mehta told the court that Sonam was granted bail solely on the ground that she was not fully informed of the reasons for her arrest. According to him, the situation arose due to a typographical error in the section number…

02 Jul

Headline:Adani, IHC Eye $11.5 Billion Aluminium Venture

anuprovaBusiness

The Adani Group and Abu Dhabi-based International Holding Company (IHC) are reportedly planning to establish a $11.5 billion aluminium manufacturing venture, marking one of the largest proposed investments in India's metals sector. The project is expected to strengthen India's aluminium production capacity while supporting the country's ambition to become a global manufacturing hub. According to reports, the proposed venture will focus on building an integrated aluminium business encompassing key stages of the value chain, from raw material processing to the production of value-added aluminium products. The investment is expected to cater to rising domestic demand from infrastructure, construction, renewable energy,…

02 Jul

TVS Motor Hits Reverse-Defying Growth: June Sales Skyrocket 47% to Over 5.9 Lakh Units

nanikaBusiness

TVS Motor Company has reported a phenomenal performance for June 2026, with total monthly sales skyrocketing by 47 percent year-on-year to hit 590,003 units. This massive surge from the 402,001 units recorded in June last year highlights robust demand across both domestic and international markets. The growth was comprehensively driven by the two-wheeler segment, which climbed 47 percent to touch 565,417 units, including a 53 percent jump in scooter sales and a 42 percent rise in motorcycle shipments. The undisputed highlight of the month was TVS Motor’s electric vehicle division. The company's electric two-wheeler sales more than tripled, exploding to…

02 Jul

Brahmaputra Over Danger Mark at Nimatighat; 179 Villages Under Water, 2,117 Ha Crops Lost

PreetiAssam

Flood fury continues in the state. The first wave of floods this monsoon has already affected 48,500 people across four districts. Many flood-hit families are facing severe crisis, with farmland, roads, bridges and other infrastructure damaged. In view of the grim flood situation, the Central Government has assured all assistance for rescue, relief, rehabilitation and reconstruction. On Wednesday, Union Agriculture Minister Shivraj Singh Chouhan, along with Union Minister Kiren Rijiju, visited several flood-affected areas of Dhemaji district. They conducted an aerial survey of the damaged areas and held a detailed review of the flood situation with state government ministers and…

02 Jul

Tata AIA launches cancer plans with income protection and health fund benefits

Business BureauBusiness

Tata AIA Life Insurance has launched two new cancer-focused insurance solutions—Sampoorna Care - Cancer and Sampoorna Care - Cancer Fund—aimed at addressing not only treatment costs but also the financial impact of income disruption following a cancer diagnosis. The insurer said the products offer flexible payout options, including regular monthly income, lump-sum benefits or a combination of both, with coverage of up to ₹50 lakh. The plans also introduce a savings-linked health fund that allows tax-free withdrawals for health-related expenses and includes an additional accidental total and permanent disability benefit. The launch comes amid growing concern over the financial burden…

02 Jul

Polycab expands distribution network with new Gorakhpur service depot

Business BureauBusiness

Polycab India Limited has expanded its distribution infrastructure in Eastern Uttar Pradesh with the launch of a new Quick Service Depot (QSD) in Gorakhpur, aiming to strengthen its supply chain and improve delivery efficiency across the region. The company said the move is part of its strategy to enhance customer service, reduce delivery timelines and deepen market reach in one of its key growth markets. The newly inaugurated depot spans 10,300 sq. ft. and will distribute Polycab’s range of products, including wires and cables, lighting solutions, fans, switches, switchgear and other fast-moving electrical goods (FMEG). The facility is expected to…

01 Jul

Shah Reviews Assam Floods With CM; Chouhan, Rijiju Inspect Dhemaji After Arunachal Survey

PreetiArunachal Pradesh, Assam

Union Minister for Agriculture and Farmers' Welfare, Shivraj Singh Chouhan, along with Union Minister for Parliamentary Affairs Kiren Rijiju, visited the flood-affected Arun Chapori area of Dhemaji district on Wednesday.According to the evening bulletin of Assam State Disaster Management Authority (ASDMA) Dhemaji district remained the worst affected by the current wave of floods, with a population of over 17,000 affected in 173 villages affected.Officials said that Sissiborgaon and Jonai constituencies in Dhemaji district have been the worst affected.Apart from houses and roads, bridges and other infrastructure have been affected by the deluge in the district.During the visit, the Union ministers…

01 Jul

Lunglei Achieves 107% HPV Vaccine Coverage

ParomitaMizoram

Mizoram Health Minister Lalrinpuii on Wednesday claimed that the state is ranked third in the country in the implementation of the Human Papillomavirus (HPV) vaccination programme and efforts are underway to secure the top position.Launching the National Immunisation Day (NID) Pulse Polio programme in Aizawl, the minister said Mizoram's population of around 16 lakh provides an opportunity to deliver quality healthcare services.However, she said public expectations from the government are high, making it important to maintain the state's strong performance.Meanwhile, Lunglei district has successfully surpassed its target under the nationwide HPV Vaccination Campaign, achieving 107% coverage by vaccinating 1,326 adolescent…

01 Jul

Three Drug Peddlers Arrested in Joint Operations

ParomitaMizoram

The Assam Rifles, in two separate joint operations with the Mizoram Police, seized a large consignment of heroin worth more than Rs 7.40 crore and arrested three alleged drug peddlers, including a woman.A Defence spokesman said that acting on specific intelligence inputs received from a sister intelligence agency, the Assam Rifles, in coordination with the Mizoram Police, conducted a successful joint operation at Ngopa along the Khawzawl-Sinzawl Road (National Highway-102B) in Saitual district. During the operation, the joint team recovered 64 soap cases containing heroin weighing nearly 837 grams, with an estimated market value of Rs 6.277 crore, from a…