Currency Market News: Rupee weakens for second straight session, settles 29 paise lower at 85.90 vs dollar

Rupee depreciated for the second consecutive session on Wednesday, closing 29 paise lower at 85.90 (provisional) against the US dollar. The decline was driven by risk-averse investor sentiment, foreign fund outflows, and cautious trading ahead of the Reserve Bank of India’s monetary policy decision due later this week. According to forex traders, local currency remained…

Missed UAN activation? How to still link Aadhaar with bank account; check out last date to claim ELI benefits

EPFO UAN Activation Update:The Employees’ Provident Fund Organisation (EPFO) gave a deadline extension for activating UAN and linking Aadhaar with bank accounts for the disbursal of benefits under the Employment Linked Incentive Scheme. The new cut-off date is now June 30, 2025. The extension was officially communicated through an EPFO circular issued on May 30,…

EU Tech Laws Erect Digital Iron Curtain

Over the past decades, Europe has created little of real relevance in terms of technological platforms, social networks, operating systems, or search engines. In contrast, it has built an extensive regulatory apparatus designed to limit and punish those who have actually innovated. Rather than producing its own alternatives to American tech giants, the EU has…