DEATH BENEFITS
New bill proposes multiple nominees for bank Fixed Deposits to ease fund distribution after death
A new bill, expected to be introduced in Parliament's winter session, seeks to amend bank nomination laws, allowing up to four nominees for fixed deposits (FDs) to ease the distribution of funds after the account holder¡¯s death. The bill would offer two nomination options: simultaneous, where nominees receive specified shares, and successive, where one nominee replaces another upon death.
Delhi Pollution: Coal plants' target miss to add to the deadly smog
India's efforts to combat severe air pollution face a setback as most coal-fired power plants are expected to miss a deadline for installing sulfur-dioxide emission control equipment. The delay, attributed to high costs and potential power disruptions, raises concerns about public health and the effectiveness of pollution control measures.
NPS rules: Don't forget to submit these two forms to avail NPS benefits for you, family
The Department of Pension & Pensioners¡¯ Welfare (DoPPW) has directed ministries to ensure that all central government employees covered by NPS, exercise their option for benefits under either the pension scheme. The memorandum highlights that government servants already under the NPS must also exercise this option, irrespective of whether they are newly appointed or have been in service for a long period. All you need to know about the this rule
Physical inactivity kills 32 lakh people a year. Need 10,000 steps a day? World's largest study suggests a shortcut
A new study, the world's largest to date, has found that walking just 3,867 steps a day can lower the risk of death from any cause. The research, which analyzed data from over 226,000 people, showed that even a small amount of walking can have significant health benefits.
Should you be chasing the 10,000 steps-a-day fitness goal? Science says think again
Is 10,000 steps truly the secret to a longer life? Though many fitness experts have advocated this target for optimal health and longevity, recent studies reveal that reaching a specific step count isn¡¯t essential for extending life. What matters most is staying active to maintain fitness.
US election 2024: Why is 1989 rape case making headlines and will it benefit Kamala Harris against Donald Trump?
US election 2024 campaign has been witnessing a tussle between Kamala Harris and Donald Trump over a number of social issues.
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I will meet Lawrence Bishnoi in November, reveals Salman Khan's former girlfriend
Bollywood star Salman Khan's former girlfriend, Somy Ali, plans to meet gangster Lawrence Bishnoi amidst their long-running feud. The conflict originates from the 1998 poaching cases involving Khan. Lawrence has continuously threatened Khan, demanding an apology to the Bishnoi community for killing antelopes.
Former Iron Maiden vocalist Paul Di'Anno passes away at 66
Paul Di¡¯Anno, the original lead vocalist for Iron Maiden, has passed away at 66. Known for his raw and energetic performances, Di¡¯Anno fronted the band during their early years, leaving a lasting legacy on the heavy metal scene. After leaving Iron Maiden in 1981, he embarked on a solo career, forming bands like Battlezone and Killers. Despite health challenges, Di¡¯Anno continued performing worldwide. His contributions to heavy metal, especially with Iron Maiden, will be remembered by fans across the globe.
What is the difference between term and traditional life insurance policy
If you are confused by personal finance terms, jargon and calculations, here¡¯s a series to simplify and deconstruct these for you. In the 21st part of this series, ET Wealth explains the difference between term and traditional insurance plans.
Enhanced insurance benefits for EPFO members extended retrospectively from April 28
Union Labour Minister Mansukh Mandaviya announced the extension of enhanced insurance benefits under the Employees' Deposit Linked Insurance (EDLI) scheme, providing up to Rs 7 lakh life cover to over 6 crore EPFO members, effective retroactively from April 28, 2024.
'Was always meant for all our people': Ratan Tata's ambitious Nano dream after seeing Indians sandwiched on scooters
Ratan Tata's dream project, the Nano, aimed to provide an affordable car for middle-class Indians but struggled due to marketing missteps and stigmas. Despite initial high interest, issues like its 'poor man¡¯s car' image and safety concerns eventually led to its decline, halting production by 2019.
Ratan Tata, Tata Sons chairman emeritus, dies at 86
Ratan Tata, former Tata Group chairman, passed away at 86. Tata's vision and leadership transformed the Tata Group into a global brand. Many leaders, including PM Narendra Modi, expressed condolences. Maharashtra will honor Tata with full state rites, recognizing his immense contributions to industry and philanthropy.
A Legacy of Innovation: How Ratan Tata impacted millions beyond the boardroom
Ratan Tata Death: Ratan Tata, one of India¡¯s most respected business leaders, played a key role in transforming the Tata Group and leaving a lasting mark on Indian industry and society. From his early education in the U.S. to his global expansion strategy and the launch of Tata Nano, Tata¡¯s leadership was marked by innovation, ethical practices, and philanthropy. His dedication to social causes, especially in education and healthcare, continues to benefit millions.
TikTok influencer Taylor Rousseau Grigg dies unexpectedly at 25
TikTok star Taylor Rousseau Grigg died at the age of 25. Her husband Cameron Grigg shared the news on Instagram, describing it as sudden and unexpected. He requested support through a GoFundMe page. Taylor's family is planning a benefit event in her honor. She had amassed over 1.4 million followers on TikTok.
Samsung signs MoA with some workers at Chennai facility; agrees to a slew of demands
The company has also agreed to expanding the operation of air conditioned buses by next year from only five routes currently to all 108 routes.
Maharashtra govt announces key decisions ahead of elections; death gratuity limit increased
The Maharashtra government, led by Eknath Shinde, announced several key decisions including increasing the death gratuity limit to 20 lakhs and providing relief in stamp duty for Metro three project victims. Other measures include a pay hike for Kotwals, subsidies for indigenous cow rearing, and revised plans for metro rail projects.
Health ministry comes up with new draft guidelines on passive euthanasia
The Union Health Ministry's draft guidelines on passive euthanasia suggest doctors should make considered decisions on withdrawing life support for terminally ill patients based on specific conditions. The guidelines aim to ensure decisions are in the patient's best interests, considering factors like brainstem death and informed refusal by the patient or their kin.
Uproar over EY staffer¡¯s death; govt registration of gig workers
An IT employee union has sought a probe into the untimely death of a young chartered accountant at Ernst & Young. This and more in today¡¯s ETtech Top 5.
Sleepless day & night work at EY, no leaves took my daughter's life: Read CA's mother's distressing letter
Ernst and Young Employee Death: A CA's mother, who was a topper throughout her education career, has written a letter to the EY Chairman, alleging that her daughter's death was due to excessive work pressure and managerial negligence. The letter detailed out how the 26-year-old faced overwhelming workloads and stress, leading to severe health issues.
Who was Emily Gold? How did the 17-year old America's Got Talent star die weeks after stunning performance?
The tragically young 17-year-old cheerleader Emily Gold, a recent competitor on "America's Got Talent," committed suicide. In the wake of this tragic incident, her high school community and family are receiving support through fundraising.
Famous bodybuilders Illia Yefimchyk, Antonio Souza, Neil Currey die in a year: Experts give exercise guidelines
Recently, the bodybuilding community mourned the deaths of three prominent athletes: Illia Yefimchyk, Antonio Souza, and Neil Currey. Yefimchyk, known as "The Mutant," died from a heart attack at 36. Souza collapsed and passed away during a competition at 27. Currey, who achieved notable success including winning the New York Pro, died by suicide at 34. Their deaths highlight the risks of extreme exercise.
IT company¡¯s flexi work policy improved employees¡¯ heart health: Harvard study
A study has revealed that flexible work policies can significantly enhance heart health, particularly for employees over 45 or those at higher risk of cardiovascular disease. Published in the American Journal of Public Health, the research found that flexible work arrangements, which reduce work-family conflict and stress, can lower the risk of heart attacks and strokes.
Unified Pension Scheme: Who qualifies?
Prime Minister Narendra Modi¡¯s government approved the Unified Pension Scheme (UPS) on August 24, benefitting 23 lakh government employees starting April 1, 2025. Employees under the current National Pension Scheme can opt for the UPS, which assures pensions, family pensions, and inflation adjustments. This decision was praised by BJP states, while others demanded a return to the Old Pension Scheme.
Unified Pension Scheme promises assured benefits
The Centre introduced the Unified Pension Scheme offering central govt employees a guaranteed pension of half their average basic salary of the last 12 months for 25 years of service. Effective April 1, 2025, the scheme is fully funded and indexed to inflation, aiming to address concerns over the old pension scheme.
Unified Pension Scheme: What it is, its benefits & features, and how it is different from NPS
Unified Pension Scheme: Prime Minister Narendra Modi's Cabinet approved the Unified Pension Scheme for 23 lakh government employees, guaranteeing assured pensions, family pensions, and a minimum pension. This reform answers demands to revise the New Pension Scheme, ensuring financial security after retirement. The plan also covers inflation indexation, dearness relief, and a lump sum payment on retirement.
Up to Rs 10 lakh relief in train accident: How a 45 paisa IRCTC travel insurance can be a huge help for your family in case of death or disability
IRCTC travel insurance: Do you know that IRCTC offers an optional travel insurance policy at just 45 paisa premium per passenger. This policy offers coverage up to Rs 10 lakh in cases of death and permanent disability. God forbid if you perish in a train accident, atleast your family will get the required financial assistance.
Latest on DA hike: 25% increase in gratuity due to dearness allowance hike kept on hold; here¡¯s why
Dearness allowance hike: The EPFO has opted to keep in "abeyance" the retirement and death gratuity increase for workers, which is a blow to those employed by the government and organised sector. In March 2024, the Central government raised the Dearness Relief (DR) and Dearness Allowance (DA) by 4%.
Poonam Pandey speaks out about fake death controversy, alleges people 'benefitted monetarily' from it
Poonam Pandey recently made headlines with her fake death controversy aimed at raising cervical cancer awareness. Amidst the ensuing backlash, Pandey has alleged that certain individuals profited monetarily from the incident. The saga began when Pandey announced her demise on social media, only to later reveal it as part of an awareness campaign.
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