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Mumbai: Millions of salaried employees across the country may continue to earn 8.25 per cent interest on their provident fund deposits in the financial year 2025–26 (FY26). According to sources, the Employees' Provident Fund Organisation (EPFO) is planning to keep the interest rate unchanged for now. The final decision is expected to be taken at a meeting scheduled for March 2. If approved, this will mark the third consecutive year that EPF subscribers receive an 8.25 per cent return. The move is significant for over 6 crore account holders, as stable returns make retirement planning more predictable. Why EPFO may…

Mumbai: The Securities and Exchange Board of India (SEBI) has approved several companies, including Premier Industrial Corporation and mattress maker Duroflex, to launch their initial public offerings (IPOs). The regulator has also cleared IPO proposals of Virupaksha Organics, Mumbai-based Hexagon Nutrition, and Om Power Transmission. According to SEBI data, companies that had filed draft papers between September and October received approval between February 10 and 13.  The approvals pave the way for fresh investment opportunities for stock market participants. Premier Industrial Corporation IPO details As per its draft documents, the proposed IPO of Premier Industrial Corporation comprises a fresh issue…

Mumbai: Madhya Pradesh Finance Minister Jagdish Deora on Wednesday presented a Budget of Rs 4.38 lakh crore for the financial year 2026–27 in the Assembly. The Budget was tabled amid interruptions and protests by the opposition, with Congress members raising slogans and expressing concern over the rising debt burden on the state’s people. Focus on inclusive growth and infrastructure Chief Minister Mohan Yadav said the Budget emphasises inclusive development, good governance, environmental protection, tourism and cultural revival. “We have pledged to build a prosperous Madhya Pradesh by 2047. We have allocated Rs 9 billion for the repair of damaged bridges…

New Delhi: The Delhi Development Authority (DDA) has announced major relief for homebuyers by removing separate parking charges from the total price of flats, including covered parking. The move is expected to reduce flat prices by Rs 5 lakh to Rs 12 lakh. The decision will take immediate effect in four major housing schemes. Four major housing schemes to benefit According to a report by The Times of India, the revised pricing will apply to: DDA Karmayogi Housing Scheme 2025 (FCFS) DDA Towering Heights Karkardooma Housing Scheme 2025 (e-auction) DDA Nagarik Awas Yojana 2026 DDA Towering Heights Karkardooma Housing Scheme…