RBI will give dividend of ₹2.87 lakh crore to the government: 7% increase from last year; Treasury will get big relief amid Iran-Israel crisis

RBI will give dividend of ₹2.87 lakh crore to the government: 7% increase from last year; Treasury will get big relief amid Iran-Israel crisis

The Reserve Bank of India (RBI) has approved to give a dividend (profit share) of ₹ 2,86,588.46 crore to the Central Government for the financial year 2025-26. This decision was taken in the Central Board meeting of RBI on Friday. This is the largest dividend payment ever. Last year, RBI had given dividend of ₹2.69…

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Government will sell 8% stake in Central Bank of India: Will raise ₹2,455 crore through offer for sale; Floor price fixed at ₹31 per share

Government will sell 8% stake in Central Bank of India: Will raise ₹2,455 crore through offer for sale; Floor price fixed at ₹31 per share

Mumbai1 hour ago copy link The government decided to sell its 8% stake in Central Bank of India through Offer for Sale (OFS). The government has fixed the floor price for this OFS at ₹31 per share, which is at a discount of more than 8.5% from the bank’s Thursday closing price of ₹33.94. After…

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Government will sell 8% stake in Central Bank of India: Will raise ₹2,455 crore through offer for sale; Floor price fixed at ₹31 per share

Government will sell 8% stake in Central Bank of India: Will raise ₹2,455 crore through offer for sale; Floor price fixed at ₹31 per share

Mumbai18 minutes ago copy link The government decided to sell its 8% stake in Central Bank of India through Offer for Sale (OFS). The government has fixed the floor price for this OFS at ₹31 per share, which is at a discount of more than 8.5% from the bank’s Thursday closing price of ₹33.94. After…

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AI Layoffs 2026: Oracle, Amazon, Meta And Other Tech Giants Cut Thousands Of Jobs

AI Layoffs 2026: Oracle, Amazon, Meta And Other Tech Giants Cut Thousands Of Jobs

Oracle: Oracle leads the list with nearly 30,000 layoffs reported this year as tech companies increasingly push AI-led restructuring and automation efforts. Amazon: Amazon has reportedly cut close to 16,000 jobs amid growing automation and company-wide efficiency measures. Meta: Meta announced around 8,000 layoffs as the company continues workforce rationalisation while expanding its AI infrastructure…

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EPFO’s 24/7 Support Explained: How Members Can Get Help Via WhatsApp — Process, Eligibility, And More

EPFO’s 24/7 Support Explained: How Members Can Get Help Via WhatsApp — Process, Eligibility, And More

Employees’ Provident Fund Organisation (EPFO) is set to introduce its services on WhatsApp, enabling easier access to important PF-related information and resolution of problems. The labour ministry said the move is aimed at improving communication with subscribers and making EPFO services more accessible through a platform already used by millions of people across the country. ALSO READ:…

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