Union Budget 2020 Live Updates: PM Modi says budget will increase income, investment, demand and consumption, and will bring new vigor in financial system and credit flow

Facebook reported its slowest-ever revenue growth for the fourth quarter, at 25%, and its CFO said on a call with investors that the pace of expansion will slow further in the first quarter of 2020

These companies allegedly duped the system by taking financial incentives under Pradhan Mantri Rojgar Protsahan Yojana, which was meant to bring new employees in the formal economy

Madhya Pradesh latest news: MP Governor Lalji Tandon stated on Sunday that the state government was increasing the pace of job creation by setting up new industries. Here's for more

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UPSC Mains Result 2019: The Union Public Service has released the UPSC mains result on its official website. Here's how to check the score on upsconline.nic.in and much more

The UPSC has invited online applications for the UPSC EPFO Recruitment 2020 for the posts of Enforcement Officer/Accounts officer. Here's all you need to know

With Indian corporates increasingly adopting renewable power to run their offices and plants, the country has become the second-largest growth market for corporate renewable power purchase agreements (PPAs) after the US; Banking operations across the country are likely to get affected on Wednesday as employees of many public sector banks (PSBs) go on an all-India general strike or 'Bharat Bandh' on January 8; Chief Election Officer Sunil Arora, on Monday, announced the Delhi election dates in a press conference. The Delhi Assembly Elections 2020 will be held on February 8 and the results will be announced on February 11. This and and more news on News Blast.Also read: Finland's new PM proposes six-hour shifts, four-day working weekRead more: Bharat Bandh: Around 25 crore people to take part in nationwide strike on January 8, claim trade unions

EPFO interest rate: If rates are cut, then employees would earn lower returns for the financial year ending March 31, 2020

This move may come as a huge relief to the companies as they would not need to bear the social security costs of the workers

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Around 1.32 crore new subscribers were added to social security schemes of the EPFO from September 2017 to October 2019, which indicates that these many jobs were created in the formal sector over the past 26 months

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Earlier this year, caller identity app Truecaller found itself in the controversy. There were reports that user data (names, phone numbers and email addresses) on the app was available for sale on the dark web

Since September 2017, 1.23 crore jobs have been created. Out of which, 15.53 lakh jobs were created in between September 2017 to March 2018. A total of 61.12 lakh jobs were created in FY19. In the current fiscal 47.3 lakh jobs have been created

Given that Vedanta's Tuticorin copper smelter plant produced about 40% of India's copper output, its closure caused output to dip 46% in the last fiscal, forcing the country to turn a net importer of the metal. India used to be a net exporter of copper cathodes till FY18

EPFO is likely to also offer incentives, such as an added bonus to members who agree to draw their pension after they turn 60.

After the decision, Rs 54,000 crore would be credited into accounts of 6 crore EPF account holders as interest under the newly approved rate for 2018-19

The amendment mandates that families of government employees who passed away before completing seven years of service will receive 50 per cent of last pay drawn for 10 years as pension

EPFO manages social security funds of workers in the organised or semi-organised sector in India and has more than 6 crore active members (with at least one-month contribution during the year)