Retirement
Retirement : EPFO To Launch Online PF Withdrawal Facility

Employees’ Provident Fund Organisation (EPFO) is hopeful of launching an online PF withdrawal facility by March-end after the Supreme Court extended voluntary use of Aadhaar card to government schemes, including provident fund. “We have written to the Labour Ministry for approvals for starting an online PF withdrawal facility,” central provident fund commissioner KK Jalan told news agencies. He said, “We will ensure speedy verification of PF withdrawal cases of those applicants who will mention their Aadhaar in their claims.”

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HDFC Q2 net profit grows
 Housing mortgage lender Housing Development Corporation Finance Ltd. (HDFC) on Monday said it closed the second quarter with a profit of Rs.1,604.56 crore.
 
In a regulatory filing with the Bombay Stock Exchange (BSE), the company said it has posted a net profit after tax of Rs.1,604.56 crore for the quarter ended September 30, 2015, as compared to Rs.1,357.56 crore for the similar quarter of 2014.
 
According to the company, its total income has increased from Rs.6,670.67 crore for the quarter ended September 30, 2014, to Rs.7,480.24 crore for the quarter ended September 30, 2015.
 
The company said its loan book as on September 30, 2015, stood at Rs.237,991 crore as against Rs.212,344 crore in the previous year.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Major quake jolts India, South Asia
A major earthquake measuring at least 7.5 on the Richter scale on Monday jolted large parts of India, Pakistan and Afghanistan, causing widespread panic, officials here said.
 
The India Meteorological Department said the epicentre of the quake lay in the Hindu Kush region in Afghanistan.
 
The US Geological Survey said the epicentre lay 45 km south-southwest of Jarm in Afghanistan, around 240 km from capital Kabul. It put the intensity at 7.7 on the Richter scale.
 
The Pakistani met department put the intensity even higher -- at 8.1.
 
The tremors jolted the whole of northern India including Jammu and Kashmir, Himachal Pradesh, Rajasthan, Delhi, Haryana and Uttar Pradesh.
 
Everywhere, tens of thousands of people fled out of their homes and high-rise buildings.
 
In the capital, Delhi Metro immediately suspended its services. The quake also affected telecom services in Delhi and neighbouring regions as hundreds of thousands of people began telephoning one another. 
 
The Pakistani media said the quake was felt in all major cities including Islamabad, Lahore and Rawalpindi.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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