To check your EPF balance, the first thing you’ll need is your Universal Account Number (UAN). This is a unique 12-digit ID assigned by the Employees’ Provident Fund Organisation (EPFO) to every contributor. What makes the UAN especially useful is that it remains the same throughout your career—even if you switch jobs. Each time you join a new employer, the EPFO simply links the new EPF account to your existing UAN, allowing you to track your entire retirement savings under a single umbrella.
RBI MPC June Meet Live: RBI Governor Sanjay Malhotra-led Monetary Policy Committee on June 6 announced a sharper-than-expected 50 basis points cut in the repo rate, bringing it down to 5.5% from 6%. While markets and economists had anticipated a 25 bps cut, this large reduction came as a surprise to support economic growth. The cumulative rate reduction comes to 100 bps cut since February 2025. The MPC also shifted its policy stance from ‘accommodative’ to ‘neutral’ and declared a 100 bps reduction in the Cash Reserve Ratio (CRR) to 3% from 4% earlier which is expected to infusing additional liquidity.This rate cut is great news for borrowers, it means home loan EMIs will become lighter, making it easier for people to afford homes and manage their monthly budgets more comfortably.
The credibility of a PMS heavily depends on the fund manager’s experience and track record.. By Ankit Patel
As high networth individuals increasingly look beyond traditional mutual funds, Portfolio Management Services (PMS) have emerged as a compelling avenue for bespoke wealth creation. However, choosing the right PMS product requires more than chasing returns. It calls for a disciplined evaluation across multiple dimensions.
PMS offer investors a valuable layer of diversification, not merely through different stock selections but through a fundamentally distinct investment approach.
U.S. President Donald Trump recently criticized Apple CEO Tim Cook for expanding iPhone production in India, saying he’d rather see those devices made in America. While this sentiment appeals to domestic manufacturing rhetoric, it ignores the economic realities of global production.
Indian stock market rebounded sharply by 3 per cent on Monday (May 12) after India and Pakistan agreed to ceasefire on Saturday evening.
After starting the trade on an optimistic note, the 30-share BSE benchmark gauge Sensex further jumped 2,5060 points or 3.23 per cent to trade at 82006.49 around 1:15 PM. The NSE Nifty zoomed more than 800 points or 3.35 points to trade at 24820.10 around the same time.
The Nifty Bank index rallied 1633 points or 3.04 per cent to trade at 55,235 around the same time. India VIX, the fear gauge index, fell 15 per cent to sit at 18.43.