A devastating helicopter crash that claimed six lives in New York has prompted swift action from federal authorities, with the Federal Aviation Administration announcing the immediate shutdown of the operator, New York Helicopter Tours. The decision came just days after a sightseeing helicopter carrying a pilot and a Spanish family of five broke apart midair and plummeted into the Hudson River, leaving no survivors. The crash occurred Thursday during what was intended to b

Timely pension payments are not merely a procedural matter—they are a lifeline for countless retired central and state government employees. These pensions, disbursed through authorised banks, are governed by the Reserve Bank of India (RBI)'s "Master Circular - Disbursement of Government Pension by Agency Banks". The RBI recently updated the circular, issuing a series of clarifications that aim to make the pension system more transparent, accountable, and senior citizen-fr

In a move that offers much-needed relief to Public Provident Fund (PPF) account holders across India, Finance Minister Nirmala Sitharaman has officially announced that individuals will no longer have to pay any fees to add, update, or remove nominee details in their PPF accounts. The announcement was made via a post on social media platform X and follows a recent government notification that amends the applicable savings rules. Through Gazette Notification 02/4/25, changes have been introduce

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

The Central Pension Accounting Office (CPAO) has issued fresh guidelines to streamline the pension disbursement process for retirees under the National Pension System (NPS). The new instructions aim to ensure that pensioners receive their dues on time without unnecessary delays. In a memo dated March 12, 2025, the CPAO emphasized the need to follow the same procedural framework as the Old Pension Scheme (OPS) to avoid errors. The CPAO’s latest reminder follows an earlier directive issue

Tamilaga Vettri Kazhagam (TVK) chief and actor Vijay has expressed strong concerns over the proposed delimitation process, urging the government to ensure fair representation and conduct public consultations before finalizing any changes. In a detailed five-page statement, Vijay clarified that his party is not against delimitation but firmly believes that no state should lose its rightful representation in Parliament due to constituency redistribution.Vijay emphasized that simply increasing t

The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i

  The Texas legislative session is heating up with several high-profile issues, including the future of the Texas Lottery Commission, school choice policies, budget reforms, and controversial bills on diversity, equity, and inclusion (DEI). The discussions have sparked debate over gambling laws, education funding, and government spending. The Texas Lottery Under Scrutiny

The Indian government is reportedly working on a Universal Pension Scheme, a voluntary initiative designed to provide retirement benefits to individuals across all sectors, including those in unorganised employment, traders, and self-employed individuals aged 18 and above. Unlike traditional job-based pension plans, this scheme will not be tied to any specific employment, making it accessible to a wider range of individuals.The Labour Ministry has already initiated discussions on the framewor

The National Pension Scheme (NPS) is a government-backed retirement savings initiative designed to provide individuals with long-term financial security. With its tax benefits and flexible investment options, NPS is an attractive choice for those looking to systematically build a pension corpus. One of the most convenient ways to contribute to NPS is through a Systematic Investment Plan (SIP), which allows individuals to invest small amounts regularly, ensuring a d

The Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan, designed to provide financial security for retirees through structured annuity payouts. The plan offers a range of annuity options, ensuring flexibility and stability for policyholders looking for a steady income after retirement. With multiple features tailored to meet the needs of individuals at different life stages, the Smart Pension Plan provides long-term financial support.The

On Monday, Telangana Chief Minister Revanth Reddy issued directives to ensure free sand supply for houses being built under the state’s ‘Indiramma’ housing scheme, which focuses on providing homes for economically weaker sections. During a review meeting on mines and mineral development, Reddy instructed officials to supply sand at reduced rates for the general public while ensuring that beneficiaries of the housing scheme receive it free of charge.   I

The Employees' Provident Fund Organisation (EPFO) has recently issued 21,885 pension payment orders as part of its ongoing efforts to implement higher pensions under the Employees' Pension Scheme (EPS) 1995. As per Minister of State for Labour & Employment Shobha Karandlaje's written response in Lok Sabha, a total of 17.48 lakh applications were submitted by pensioners and members seeking to increase their pension by making higher contributions.   The EPF

Income Tax: Union Budget 2025 introduces a revamped tax regime, with key reforms aimed at providing relief to the middle class. The new tax slabs are as follows: Up to Rs 4 lakh - 0% Rs 4-8 lakh - 5% Rs 8-12 lakh - 10%

DTC to Be Introduced Separately: Sources have confirmed that the much-anticipated Direct Tax Code (DTC), which seeks to simplify India’s income tax laws, will be introduced separately and not as part of the Union Budget 2025. Finance Minister Nirmala Sitharaman is expected to deliver the budget speech on Saturday, but the new tax code will be presented at a later date. This move marks a shift from earlier reports suggesting the DTC would be included with the budg

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

The Indian Institute of Technology (IIT) Roorkee has released the admit card for the Graduate Aptitude Test in Engineering (GATE) 2025. Registered candidates can now download their admit cards from the official website, gate2025.iitr.ac.in. GATE 2025 is set to take place on February 1, 2, 15, and 16, 2025, and it will be conducted in computer-based test (CBT) mode across eight different zones. Results are expected to be announced on March 19, 2025. Candidates can follow a simple ste

The United States will soon allow highly skilled professionals, especially Indians working in specialized fields, to renew their H-1B visas without leaving the country. This change follows a successful pilot program launched a year ago, which involved approximately 20,000 participants. The new process, aimed at making visa renewals quicker and more convenient, eliminates the need for applicants to travel back to their home countries for a visa stamp. This has been a long-awaited relief for ma

India has officially declared 2025 as the "Year of Defence Reforms" with the goal of modernizing its military and enhancing synergy between the Army, Navy, and Air Force. Defence Minister Rajnath Singh outlined a nine-point reform plan that includes the creation of integrated theatre commands to improve collaboration and resource utilization among the three services. These reforms will ensure a technologically advanced, combat-ready force capable of operating across multiple domains

A shocking case of fraud has come to light in Chhattisgarh's Bastar region, where a man, Virendra Joshi, allegedly opened a bank account in the name of actress Sunny Leone and has been receiving Rs 1,000 every month under the Mahtari Vandan Yojana, a government scheme aimed at providing financial assistance to married women. The fraud was discovered in Talur village, raising serious concerns about the verification process and the accountability of officials handling the scheme.