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Since April 1, more than 5.5 million salaried workers have withdrawn money from their employees’ provident fund (EPF) accounts, the data showed.(Mint)

5.58 million EPFO withdrawals made since April 1, shows data

By Prashant K Nanda | Livemint
PUBLISHED ON JUL 01, 2020 04:39 AM IST
While established companies have let go of their employees because of Covid 19-related disruptions, new jobs are being created at a snail’s pace, data from the Employees’ Provident Fund Organisation (EPFO) accessed by Mint showed.
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People who are more agreeable or more open to new experiences, or those who are more neurotic or negative - might spend their retirement savings at a faster rate.(Unsplash)
People who are more agreeable or more open to new experiences, or those who are more neurotic or negative - might spend their retirement savings at a faster rate.(Unsplash)

Here’s how your personality traits influence retirement spending

By Asian News International | Washington D.C. [USA]
UPDATED ON NOV 25, 2019 05:21 PM IST
People who are more agreeable or more open to new experiences, or those who are more neurotic or negative - might spend their retirement savings at a faster rate.
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The finance ministry objected to the proposal, citing investments in the troubled IL&FS group companies as one of the factors.((Mint file photo))
The finance ministry objected to the proposal, citing investments in the troubled IL&FS group companies as one of the factors.((Mint file photo))

Citing IL&FS, govt seeks rethink of EPF rate hike

By Rajeev Jayaswal | New Delhi
UPDATED ON JUN 20, 2019 08:27 AM IST
The EPF interest rate was at a five-year low of 8.55% in the 2017-18 fiscal, and the 8.65% proposal, made in the run-up to the general elections in February, would have benefited the roughly 45 million subscribers to the retirement savings accoun
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If your child is not financially independent, it will not just hamper your child’s future growth but also your financial situation.(HT File Photo/Representative Image)
If your child is not financially independent, it will not just hamper your child’s future growth but also your financial situation.(HT File Photo/Representative Image)

Leaving the financial nest

By Vivina Vishwanathan | Hindustan Times, Mumbai
UPDATED ON JUN 17, 2019 03:03 PM IST
If your grown-up children are still borrowing from you, it can be a burden – and not just in the short-term. It can also eat into your retirement savings. In such situations, here is what you should do.
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A college intern from India was sentenced to 60 months in prison for providing tech support to a telemarketing scam that duped close to two dozen people of nearly a million dollars.
A college intern from India was sentenced to 60 months in prison for providing tech support to a telemarketing scam that duped close to two dozen people of nearly a million dollars.

Indian college intern sentenced to 60 months in US prison for tech scam

By Press Trust of India | Washington
UPDATED ON JUN 11, 2019 09:05 AM IST
The victims ranged in age from 58 years to 93 years and were duped of between USD 1,180 and USD 174,300.
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S-based financial news web portal published an article that said the amount a person should have saved by 35 should be double of their salary.
S-based financial news web portal published an article that said the amount a person should have saved by 35 should be double of their salary.

Millennials on Twitter are bonding over ‘By age of 35’ hilarious meme and it’s relatable

By HT Correspondent
UPDATED ON MAY 23, 2018 06:03 PM IST
Twitter users expressed their anger and anxiety with memes over an article that says millennials should have saved double of their salary by 35.
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