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Yesterday’s big news was related to EPF. Now full money can be withdrawn from EPF account. Gold and silver prices reached an all-time high a day before Pushya Nakshatra. At the same time, retail inflation has come down to 1.54%, the lowest level in almost 8 years in September.
Before tomorrow’s big news, today’s headlines will keep an eye on…
- There may be a rise in the stock market today.
- Wholesale inflation rate data will be released.
- Tech Mahindra’s second quarter results will come.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Now you will be able to withdraw complete money from EPF account: There will be no need to submit documents, EPFO has simplified the rules.
Now full money can be withdrawn from EPF account. Employee Provident Fund Organization (EPFO) announced this in the Central Board of Trustees (CBT) meeting held on Monday (October 13). Many relief decisions were taken in the meeting chaired by Central Labor Minister Mansukh Mandaviya. With these decisions, it will now become easier than ever for employed people to withdraw money from their EPF.
Click here to read the full news…
2. Silver became costlier by ₹ 10,825 in a day, crossed ₹ 1.75 lakh: Gold increased by ₹ 2,630 and crossed ₹ 1.24 lakh, both at all-time high.
Gold and silver prices reached an all-time high on October 13, a day before Pushya Nakshatra. According to India Bullion and Jewelers Association (IBJA), the price of silver has increased by Rs 10,825 in a day to Rs 1,75,325 per kg. On Friday it was at Rs 1,64,500. At the same time, the price of 10 grams 24 carat gold has increased by Rs 2,630 to Rs 1,24,155.
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3. Retail inflation lowest in 8 years: Decreased to 1.54% in September, effect of cheaper food items; was 2.07% in August
Retail inflation has come down to 1.54%, the lowest level in almost 8 years in September. Earlier in June 2017 also it was this much. The reason for this is the fall in the prices of some food items. Whereas in August, retail inflation was 2.07%. The government has released the official figures of retail inflation today on October 13. The Reserve Bank (RBI) aims to keep inflation in the range of 4% ±2%.
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4. HCL Tech’s profit in the second quarter was ₹ 4,235 crore: Revenue was ₹ 31,942 crore, company will give dividend of ₹ 12 per share.
The total income of IT company HCL Tech in the second quarter was Rs 32,357 crore. This is 10.36% more than last year. In this earnings of the company, revenue from operations was Rs 31,942 crore. Whereas in the July to September quarter, the company’s total expenses stood at Rs 26,655 crore and it paid a total tax of Rs 1,466 crore.
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5. Chandrasekaran’s tenure extended amid controversy in Tata Group: Now he will remain the chairman of Tata Sons till 2032, was an intern in TCS in 1987
Amid the controversy in the group after the death of Ratan Tata, the tenure of Tata Sons Chairman N Chandrasekaran has been extended till 2032. This is the first time in the Tata Group that a Group Executive will continue in his post beyond the standard retirement age.
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Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s stock market and gold and silver…
Know the latest price of petrol, diesel and domestic gas cylinder…
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