Job creation trebles in Feb at 8.61 lakh: EPFO payroll data – Livemint

NEW DELHI: Net employment generation in the formal sector almost trebled to 8.61 lakh in February compared to 2.87 lakh in the same month of last year, according to the latest EPFO payroll data.

The retirement fund body Employees’ Provident Fund Organisation has been releasing payroll data from April 2018, covering the period starting September 2017.

According to the latest data, the highest job creation was recorded in January 2019 at 8.94 lakh against the provisional estimate of 8.96 lakh released last month.

During February 2019, the highest number of 2.36 lakh jobs were created in the 22-25 years age group, followed by 2.09 lakh in the 18-21 years age bracket.

The data showed that 80.86 lakh new jobs were created in the 18 months period from September 2017 to February 2019.

However, the EPFO has revised downward the number of net subscribers added or new jobs created from September 2017 to January 2019 to 72.24 lakh from 76.48 lakh released last month.

The sharpest revision was for March 2018 in the latest report which showed contraction or exit of 55,934 members from the EPFO subscriptions. Last month, the EPFO payroll data had showed that as many as 29,023 members exited from its schemes in March 2018.

In February 2019, the EPFO data had showed that as many as 5,498 members joined EPFO schemes in March 2018.

On contraction in March 2018 numbers, the EPFO said, “March 2018 figure is negative due to large number of exits reported in the month of March, in view of it being the closing month of the financial year.”

The EPFO said the data is provisional as updation of employee records is a continuous process and gets updated in subsequent months.

This is age-band wise data of new members registered under the EPFO where the first non-zero contribution received during a particular month. For each age-wise band, the estimates are net of the members newly enrolled, exited and rejoined during the month as per records of the EPFO, it added.

The estimates may include temporary employees whose contributions may not be continuous for the entire year. Members’ data are linked to unique Aadhaar Identity, it added.

The 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).

This story has been published from a wire agency feed without modifications to the text.

7-Seater Maruti Suzuki SUV (New-Gen Vitara Based) Launch Expected Next Year – GaadiWaadi.com

7 seater maruti vitara 2020

The new-generation Vitara with premium features and 7-seat configuration likely to debut at upcoming Delhi Auto Expo

The new-generation Vitara SUV will more likely make its domestic debut at the upcoming Auto Expo before going on sale in the same year. Maruti Suzuki has the Global C platform based Vitara Brezza as its only SUV in the Indian market and it is indeed the best-selling SUV in the whole country.

With Hyundai Creta enjoying a great deal of success in a slightly premium segment compared to the Vitara Brezza by regularly averaging over 11,000 units monthly through last year, Maruti Suzuki is expected to aim a big pie with the Vitara upon arrival.

The new-generation Hyundai Creta is widely reported to have more upmarket features with seven seater option as it focusses on addressing a wider band of customers. The upcoming Maruti Suzuki Vitara is no different, as it will offer three-row seating arrangement to compete not just against Creta but the upcoming Tata Buzzard as well. maruti suzuki vitara creta rival indiA

In July last year, the Suzuki Vitara sold globally received a mid-cycle refresh with notable design revisions to extend the lifetime of the existing generation. The cabin received a brand new instrument console with Apple car play and Android Auto connectivity along with the addition of a myriad of driver assistance and safety features.

Suzuki introduced a new 1.0-litre Boosterjet turbo petrol engine into the Vitara’s lineup with 111 PS maximum power and 170 Nm of peak torque and it replaced the obsolete 1.6-litre unit. It is connected to either a standard five-speed manual or a six-speed automatic transmission as an option.

india bound vitara front-2

The arrival of the Vitara has been speculated in India for long but nothing materialized and no official statements were made on the company’s behalf. However, we did manage to spot the current generation of the premium SUV last year locally.

With the premium SUV segment getting all bunched up in the coming years, the largest automaker in the country could be eyeing a sweet spot with the Vitara. Kia’s Indian entry will be led by the debut of a Hyundai Creta challenger based on the SP concept showcased at the 2018 Auto Expo. MG Motor and PSA could be step up to the plate in the near future.







Flights: Passengers could be weighed on ‘pressure pads’ before boarding – Express

Flight travellers may face an awkward start to their holiday when faced with the prospect of being weighed before they board a plane. According to claims, passengers may be weighed before embarking, particularly when travelling on long-haul journeys, to help a pilot better judge the amount of fuel needed for an aircraft. Those heading overseas could be asked to use “pressure pads” during the check-in process, according to technology company Fuel Matrix. They say the devices would help with “discreetly weighing” people, in comments to the Independent.

Fuel Matrix’s chief operating officer Nick Brasier told the publication: “We’re not suggesting people should stand on the scales, but airports could fit ‘pressure pads’ in the self-service bag drop area in front of each screen.

“After the bag has been checked in, the system can ask, ‘Are you standing on the pressure pad?’

“If the passenger taps ‘Yes’, then the weight can be recorded and passed confidentially to the airline.”

The device could be placed alongside airport body scan machines or even at the baggage drop.

He added how the majority of flights carry about one per cent more fuel than they need.

They then burn about 0.3 to 0.5 per cent more fuel due to the extra fuel weight.

The idea is data from the pressure pads at such locations could be sent instantly to the pilot, so they know how much fuel to put on board.

The heavier the plane, the more fuel is needed.

By being more accurate in measuring the allocation also means aircraft can attempt to be more environmentally friendly.

At present, airlines use average weighting guidelines to ascertain the amount of fuel needed for an aircraft – which the company says is inaccurate.

It accounts for a woman wishing 11 stone, a man weighing 13.8 stone and a child 5.5 stone.

Meanwhile, in 2017 it was revealed Finnish airline Finnair was weighing passengers before they boarded.

It again cited the desire to better manage operating and fuel costs, by becoming aware of the accurate weight of a plane.

Initially, it was introduced on a voluntary basis.

After it reached the 2,000 people mark, it was hoped they could gain a more accurate representation for the amount of fuel needed.

WannaCry Ransomware ‘Hero’ Marcus Hutchins Admits to Malware Charges – Gadgets 360

WannaCry Ransomware 'Hero' Marcus Hutchins Admits to Malware Charges

Photo Credit: Bloomberg/ Chris Ratcliffe

British cyber-security researcher hailed as a hero for neutralising the global “WannaCry” ransomware attack in 2017 has pleaded guilty to US charges of writing malware. Marcus Hutchins, who was charged on 10 counts in the United States, pleaded guilty to two of them, with the US government agreeing to move towards dismissing the remaining counts at the time of the sentencing, according to a filing at the US District Court in the eastern district Wisconsin.

“I’ve pleaded guilty to two charges related to writing malware in the years prior to my career in security”, Hutchins, also known online as MalwareTech, said in a statement. “I regret these actions and accept full responsibility for my mistakes,” he added. He did not give details.

Hutchins had risen to overnight fame within the hacker community in May 2017 when he helped de-fang the global “WannaCry” ransomware attack, which infected hundreds of thousands of computers and caused disruptions at factories, hospitals, shops and schools in more than 150 countries.

He was arrested later that year in Las Vegas on unrelated charges that he had built and sold malicious code used to steal banking credentials. US prosecutors had claimed that he and a co-defendant advertised, distributed and profited from malware code known as “Kronos” between July 2014 and 2015. He was later freed on bail, and had plead not guilty to the charges.

The case stunned the computer security community and drew fire from critics who argued that researchers often work with computer code which can be deployed for malicious purposes. His arrest had sparked criticism from some researchers who argue that the case could dissuade “white hat hackers” – those who find security flaws to help fix them – from cooperating with authorities.

Written with agency inputs


Investing in PPF? Here’s how you can earn maximum interest – Times Now

Representative Image&nbsp | &nbspPhoto Credit:&nbspBCCL

New Delhi: Public Provident Fund (PPF) is one of the most popular long-term investment instrument in the country. With a maturity period of 15 years, PPF offers exempt-exempt-exempt (EEE) income tax benefits. Also, since it is a government-backed investment scheme, it offers guaranteed returns on your deposits. 

The PPF interest rate is decided by the government and it is revised for every quarter depending upon the yield of government securities. For the April-June quarter, the government kept the PPF interest rate unchanged at 8 per cent. 

If you have a PPF account, here’s how you can earn maximum interest on your deposit

It may be noted that the interest earned on PPF deposits is calculated every month but is credited to the PPF account only at the end of the financial year. The interest is calculated on the minimum balance in the account every month between the fifth and the end of the month. This means that the interest for the month will only be payable if made before the fifth of that month.

Subscribers of PPF should note that it is beneficial to make monthly deposits before the fifth of every month as the interest rate (8%) offered on PPF deposits is calculated on the minimum balance in the account before the fifth of every month. What this essentially means that if you have Rs 1,000 balance in your account as of the fifth of the month, the interest will be calculated on that amount. However, if you succeed in depositing money before fifth, then the interest will be determined on the new minimum balance.  

While many people ignore depositing a small amount before the fifth, thinking it does not make much of a difference. However, in reality, subscribers end up losing on thousands as the addition of a few hundred rupees could translate into a much bigger return after 15 years, which is the full tenure of a PPF.

Paying a monthly deposit of Rs 10,000 before fifth from  April to March could add up to Rs 5,200 by the end of 12 months as compared to Rs 4,400 if you deposit after fifth. This means that you earn Rs 800 extra every year and if the interest rate remains at 8 per cent for the whole tenure and you deposit the same amount before the fifth of every month, you will be able to earn up to Rs 12,000 more.

The government has set the date as the fifth of every month for depositing and availing the added interest benefit as it is the best time for salaried individuals to deposit the money. 

Tesla to shrink board to seven directors from 11 over the next two years – Times Now

Tesla

Tesla to shrink board to seven directors from 11 (Representational Image)&nbsp | &nbspPhoto Credit:&nbspReuters

Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board. Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in 2019 and 2020, the company said in a regulatory filing.

The company said its directors reviewed the composition of the board “focusing on a phased streamlining of the size of the Board to allow it to operate more nimbly and efficiently.” Tesla said the decision did not result from any disagreement between the company and the directors.

Of the four members who would exit the board, Buss and Gracias were part of Tesla’s disclosure controls committee, overseeing the implementation of the terms of the consent agreement between Tesla and the SEC.

Buss was also the chief financial officer of solar panel installer SolarCity for two years before retiring in 2016. Tesla bought SolarCity that year.

Gracias has been an independent director at Tesla since 2010. Last May, proxy adviser ISS recommended that investors vote against his election to the board and called him a non-independent director.

Jurvetson, the co-founder of Silicon Valley venture capital firm Draper Fisher Jurvetson, is said to be on a leave of absence from Tesla’s board since allegations of sexual harassment against him arose. Jurvetson has denied the allegations against him.

The proposed changes in the board come a couple of weeks after Elon Musk’s position as the chief executive officer of Tesla was secured after a federal judge urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.

Musk was sued by the SEC last year for tweeting that he had “funding secured” to take the company private. He settled the lawsuit, agreeing to step down as chairman and have the company’s lawyers pre-approve written communications with material information about the company.

But he was again accused of violating that settlement by sending a tweet about Tesla’s production that had not been vetted by the company’s attorneys. On Thursday, a federal judge ruled that Musk and the SEC would get another week to settle a dispute over Musk’s use of Twitter.

 

Reliance Jio GigaFiber to be launched in 1600 cities, testing triple play – The Mobile Indian

GigaFiber is rolling out to 1,600 cities across India after a successful beta test in selected cities.

Advertisement

Jio has announced that it will be launching its GigaFiber FTTH service in 1,600 cities.  To recall, the Reliance Jio GigaFiber was introduced in August last year.

 

Chairman and Managing Director of Reliance Industries Limited, Mukesh D Ambani said in a statement to ET Telecom that GigaFiber is rolling out to 1,600 cities across India after a successful beta test in selected cities. However, the company is yet to announce the pricing and availability of its service.

 

The telecom operator had completed the acquisition of Den Networks and Hathway Cable and Datacom Limited. The GigaFiber services include home broadband, entertainment, smart home solutions, wireline and enterprise.

 

“After successful execution of mobility business, Jio is now focused on catapulting India’s underserved Home & Enterprise connectivity market to global standards with its next-generation FTTX services,” Ambani said. “Jio mobility services along with Gigafiber fixed-broadband services and associated technology platforms have been designed to transform India with the power of Digital Revolution and reinvent Reliance as a Technology Platform Company,” he added.

 

Reliance Jio was reportedly testing a new Triple Play plan for its GigaFiber FTTH service. The single Triple Play plan offers a validity of 28 days with 100GB of data at 100Mbps. Additionally, it also offers unlimited voice calling, subscription to Jio Home TV and access to Jio app suite.

Advertisement

You might like this

Tags:
Reliance Jio
JioGigaFiber
Reliance JioGigaFiber
operator news
Jio GigaFiber Triple Play plan

Paytm Payments Bank appoints Sairee Chahal to board of directors – Livemint

New Delhi: Paytm Payments Bank Ltd (PPB) Saturday said it has appointed entrepreneur Sairee Chahal to its board of directors.

Sairee Chahal is the founder and CEO of Sheroes — a community platform for women.

“We are delighted to have Sairee Chahal on our board. She has comprehensive experience of customer service ecosystem. We will benefit from her knowledge and expertise,” PPB Managing Director and CEO Satish Gupta said in a statement.

PPB, which was incorporated in August 2016, formally began its operations in 2017.

Paytm Founder Vijay Shekhar Sharma holds 51 per cent stake in PPB, while the rest is held by One97 Communications.

Gupta had recently stated that PPB has 4.4 crore savings bank accounts with deposits of over 400 crore as well as 26 crore wallet accounts.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Vodafone launches Rs 999 Prepaid plan offering 12GB data – The Mobile Indian

This plan has been introduced to compete with Airtel long term prepaid plan of Rs 998 that offers similar benefits.

Advertisement

The telecom operator Vodafone has launched a new prepaid plan of Rs 999 with a validity of 365 days. The Rs 999 prepaid recharge is valid only to Punjab circle at the moment, but it’s expected to be available in other circles in the coming days.

 

Telecom Talk reports, Rs 999 prepaid recharge pack offers unlimited voice calling and 100 SMS messages per day benefits. However, the pack offers only 12GB of 3G/4G data for the whole validity period. The plan also offers Vodafone Play subscription for free. This plan has been introduced to compete with Airtel long term prepaid plan of Rs 998 that offers similar benefits.

 

Airtel Rs 998 plan comes with a validity of 336 days. Airtel is offering users a total of 12GB of data along with unlimited voice calling (local / STD / National roaming) and 300 SMS per month under this plan.

The news related to the Rs 999 Vodafone plan comes a day after we heard of Vodafone launching a ‘Filmy Recharge’ prepaid plan of Rs 16 which comes with a validity of just one day. The Rs 16 Vodafone prepaid plan will offer 1GB 2G/3G/4G data to the subscribers for a day. The plan does not offer ant SMS benefit or talk time benefit but it comes only with data.

 

Earlier Vodafone announced that it will give free data to its customers upgrading to 4G SIM. Under this offer, whenever a subscriber upgrades to 4G SIM, he/she will get the free data, which will be credited to their accounts on activation. One can check the data benefits on MyVodafone application. With this, customers with 4G VoLTE-compatible smartphones will enjoy high-speed internet, calls and more. One will also get access to Vodafone Play application, which comes with a host of interesting content that can be easily streamed.

Advertisement

You might like this

Tags:
Vodafone
operator news
Vodafone Rs 999
Vodafone plans

IPL 2019, LIVE SCORE, RCB vs CSK Match at M Chinnaswamy Stadium: Virat Kohli departs early – Firstpost

IPL 12 Match 39 RCB vs CSK at the M Chinnaswamy Stadium in Bengaluru: RCB have won from the tinniest of the margins. Extra-ordinary scenes here, the TV umpire to decide the fate of the match. MS Dhoni, who has belted everything today, misses to connect the final ball, that is bowled at length outside off. They scamper for a single. For a bue. Shardul Thakur puts in the dive but Parthiv has hit the bull’s eye. WOW! What a finish we have had. The TV Umpire is referred and guess what Chahar doesn’t make the ground by litreally millimeters there. Heartbreak for MS Dhoni. Heartbreak for CSK but the heart continues to beat for RCB. Their hopes are alive in the tournament. MS Dhoni almost pulled off a miracle once again.

However, RCB’s sensational win over KKR in their previous match in which Kohli slammed a century must act as the source of inspiration as their playoffs hopes continue to hang by a thread. Bangalore lost five of their first seven games in 2016 and still made to the playoffs after winning six out of last seven games and Kohli would hope his players continue to believe in their abilities as they look for a similar turnaround.

The focus for Kohli and team management would be on their bowling. Despite the arrival of Dale Steyn, RCB conceded 203 against KKR as Andre Russell took them to the cleaners.

Meanwhile, a win on Sunday would take CSK to 16 points and that should be enough for them to qualify for the playoffs.

CSK are coming into the match after a loss against SRH in the previous game. MS Dhoni missed the SRH match due to a stiff back but he is expected to be fit in time for the RCB clash.

In the 23 matches played between these two sides in IPL so far, CSK have won 15 of them while RCB won seven and one of the match finished in a tie.

Royal Challengers Bangalore and Chennai Super Kings Full squads

Royal Challengers Bangalore Team 2019 Players list: Parthiv Patel(w), Virat Kohli(c), Akshdeep Nath, Moeen Ali, Marcus Stoinis, Heinrich Klaasen, Pawan Negi, Dale Steyn, Navdeep Saini, Mohammed Siraj, Yuzvendra Chahal, AB de Villiers, Shimron Hetmyer, Devdutt Padikkal, Himmat Singh, Colin de Grandhomme, Washington Sundar, Shivam Dube, Milind Kumar, Gurkeerat Singh Mann, Prayas Barman, Umesh Yadav, Kulwant Khejroliya, Tim Southee

Chennai Super Kings Team 2019 Players list: Shane Watson, Faf du Plessis, Suresh Raina, Ambati Rayudu, Kedar Jadhav, Sam Billings(w), Ravindra Jadeja, Karn Sharma, Deepak Chahar, Shardul Thakur, Imran Tahir, MS Dhoni (c), Dwayne Bravo, Dhruv Shorey, Murali Vijay, N Jagadeesan, Ruturaj Gaikwad, Scott Kuggeleijn, Chaitanya Bishnoi, Harbhajan Singh, Mitchell Santner, Mohit Sharma, KM Asif, Monu Kumar

For all the latest news, opinions and analysis from IPL 2019, click here

For the full schedule, date, time and venue of all the matches of IPL 12, click here

Check out the full points table for IPL 2019, including holders of Orange and Purple Caps

Updated Date: Apr 22, 2019