EPFO is proposing to increase the auto settlement limit for its subscribers from Rs 1 lakh to Rs 5 lakh, pending approval by the central board of trustees. The organisation has already streamlined the claim process significantly, resulting in faster settlements and an expected record of over 6 crore settlements this year.
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Rocket Mortgage is set to acquire Mr. Cooper in an all-stock deal valued at $9.4 billion, soon after acquiring Redfin. The merger will handle one in six US mortgages, adding 7 million clients to Rocket's portfolio. Jay Bray will become President and CEO of the combined company, expected to boost loan volumes and reduce customer acquisition costs.
A book fair to be held at Uttarakhand's HNB Garhwal University faced cancellation allegedly due to pressure from right-wing groups. Organisers claimed the event was obstructed by ABVP citing exams and a pre-booked RSS event, despite prior permissions and arrangements.
Rohit Sharma's childhood coach, Dinesh Lad, suggests that the Indian skipper plays domestic cricket to prepare for Test matches after a disappointing performance in the Border-Gavaskar Trophy. Rohit struggled to score runs and faced criticism for his leadership. Focusing on winning the World Test Championship and ODI World Cup, Lad advises more domestic play.
Justice Yashwant Varma's Monday cases have been removed from the hearing list following an in-house investigation after substantial cash was discovered at his residence during a fire. A three-judge panel has been appointed to inquire into the allegations against him, with no specified timeframe for completion.
Prime Minister Narendra Modi visited Andhra Pradesh and launched multiple developmental projects worth over Rs 2 lakh crore, including NTPC’s Integrated Green Hydrogen Hub and Krishnapatnam Industrial Hub. These initiatives aim to create significant employment and enhance regional connectivity, marking a major milestone for the state.
Hamas' armed wing released a video of Israeli hostage Elkana Bohbot, pleading with Prime Minister Netanyahu for his release after being held in Gaza for 540 days. Bohbot, captured during the October 2023 attack, questioned why the government hadn't secured the release of all hostages despite the ongoing conflict and bombing.
Southern California faces unprecedented wildfires, displacing thousands, causing multiple deaths, and devastating numerous properties. Exceptionally dry conditions and the Santa Ana winds have exacerbated the fires' intensity. Fire containment efforts are hindered by limited water supplies, prompting significant criticism of state leadership and emergency response strategies.
Former Meta COO Sheryl Sandberg faces legal trouble for allegedly deleting emails related to the Cambridge Analytica scandal. A judge in Delaware has sanctioned Sandberg for using a personal Gmail account under a pseudonym and inconsistently deleting those emails despite a court order.
The Unified Payments Interface (UPI) is encountering significant disruptions, impacting users' ability to make instant real-time payments. Reports of issues surged around 7:40 pm IST, with users facing problems primarily with payments, funds transfers, and the app.
In Bengaluru's Chandra Layout, police arrested four individuals for moral policing. A woman, wearing a Burqa, was confronted by community members for speaking with a man from a different community while on a scooter. The woman filed a complaint, leading to the arrests, including a juvenile. Authorities confirmed that no violence occurred during the incident. An investigation is currently underway.