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Preparation to withdraw PF money from ATM like card: Gold loan increased by 50% in 7 months, gold became cheaper by ₹ 1047 in a week.

Yesterday's big news was related to PF fund. The Central Government is preparing for major changes in the Employees Provident Fund Organization (EPFO). According to sources, according to the draft of EPFO ​​3.0, now consideration is going on to provide the facility to employees to withdraw PF funds directly from ATM.

At the same time, there has been an increase of 56% in gold loans in the first seven months of the current financial year i.e. 2024-25. Sectoral deployment data of bank credit released by the RBI on Friday shows that gold loans worth Rs 1,54,282 crore have been distributed till October 18, 2024.

Before tomorrow's big news, today's major events to keep an eye on…

  • The stock market will remain closed today due to Saturday holiday.
  • Sales reports of automobile companies will come.
  • There has been no change in the prices of petrol and diesel.

Now read tomorrow's big news…

1. ATM like card for withdrawing PF: Also considered to increase employee's contribution from 12%; Preparation for changes in EPFO ​​3.0 from June 2025

The Central Government is preparing for major changes in the Employees Provident Fund Organization (EPFO). According to sources, according to the draft of EPFO ​​3.0, now consideration is going on to provide the facility to employees to withdraw PF funds directly from ATM.

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Click here to read the full news…

2. Gold loan increased by 50% in 7 months: ₹ 1.54 crore loan was given till October in the financial year 2024-25, a total of ₹ 1.02 crore was given in 2023-24.

There has been an increase of 56% in gold loans in the first seven months of the current financial year i.e. 2024-25. Sectoral deployment data of bank credit released by the RBI on Friday shows that gold loans worth Rs 1,54,282 crore have been distributed till October 18, 2024.

Click here to read the full news…

3. There was a decline in gold and silver this week: Gold fell by Rs 1047 to Rs 77,787, silver was being sold at Rs 89,383 per kg.

This week there has been a decline in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. 22 November, gold was at Rs 77,787, which has now come down to Rs 76,740 per 10 grams (30 November). That means its price has decreased by Rs 1,047 this week.

Click here to read the full news…

4. IPO of Property Share Investment Trust to open on December 2: This is India's first registered small and medium trust, minimum investment ₹ 10 lakh.

The IPO of India's first registered small and medium trust (SM-REIT), Property Share Investment Trust (PSIT), will open on December 2. Investors will be able to bid for this issue till December 4. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 9.

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Click here to read the full news…

5. NSE made changes in some index derivative contracts expiry: Bank Nifty's weekly-quarterly contract will now expire on the last Thursday of every month.

The National Stock Exchange (NSE) has announced changes in the expiry days for some index derivative contracts. Bank Nifty's weekly and quarterly contracts will now expire on the last Thursday instead of the last Wednesday of the month. Fin Nifty monthly contracts will now expire on the last Thursday of the month instead of the last Tuesday.

Click here to read the full news…

6. Tucson got 5 star safety rating in Bharat NCAP: Hyundai's first car was crash tested in Indian agency, got 41 points for child safety.

Hyundai Tucson has received a 5 star safety rating in crash tests from the Bharat New Car Assessment Program (BNCAP or Bharat NCAP). It has received a 5-star safety rating in adult protection and child protection categories in crash tests from BNCAP. In the crash test, the car scored 30.84 out of 32 points for adult safety and 41 out of 49 points for child safety.

Click here to read the full news…

Now read the news you need

Your Aadhaar card is not being misused: Check easily from home, you will also be able to complain if it is misused.

Aadhar card is an important document. Aadhar card is used in almost every other work. Aadhar card contains information ranging from your name, address and phone number to fingerprint. In such a situation, you may have to face problems if Aadhaar falls into wrong hands.

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Click here to read the full news…

Also see who were the top 10 richest people in the world yesterday…

The market was closed on Saturday, so know the condition of share market and gold and silver on Friday…

Know the latest price of petrol, diesel and gas cylinder…

Graphics Source: VaskarAssets

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