RETIREMENT DEFINITION
New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakh
New labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried individuals. Salaried employees having Rs 15 lakh CTC may get up to Rs 7,928 less net take home pay after new labour code is applied; Know what happens for Rs 10 lakh, 25 lakh and 50 lakh CTC.
After 200+ applications and 15+ interviews, former corporate employee takes $11/hour dishwashing job
A 29-year-old former corporate employee laid off in April says he has submitted more than 200 applications and attended over 15 interviews without finding another job. Although he has enough savings to cover about five years, he has accepted an $11-an-hour part-time dishwashing role to restore structure and feel productive. Other users responded with stories of layoffs, career changes and unemployment.
US runs short of Patriot missiles in Europe as Iran war drains stocks
United States military faces a critical shortage of advanced missile interceptors in Europe. This depletion is largely driven by President Donald Trump's conflict with Iran. US missile stocks have been moved to the Middle East for operations against Iran. This situation raises concerns about NATO's vulnerability to potential Russian attacks. Production is projected to increase by the year 2030.
Cricket: Devdutt Padikkal straight hundred puts India in command after Sri Lanka squander early openings
After losing the toss, Sri Lanka’s bowlers will feel that they did not allow India to run away with the game. There is a grain of truth in this, but a closer examination of how things panned out tells a different story. India’s openers, KL Rahul and Yashasvi Jaiswal, did well to see off the first hour. And, quite surprisingly, Sri Lanka turned to a defensive line early on. The spinners fired the ball into the pads and the quick bowlers kept the ball outside the off at arm’s length.
Not AI engineering. In America, one new skill can help you land a $150,000-a-year job, says survey
Dreaming of a high-paying job? While the most common ways of securing a position that pays the big bucks are working in tech or business, mastering a skill – namely another language – can really improve your chances of landing a dream job that pays big! Research says mastering another language can not just improve decision-making skills but actually make you a more attractive candidate for the six-figure salary jobs.
In 2013, NASA beamed laser data from lunar orbit at 622 megabits per second, demonstrating faster space communications than radio
In 2013, NASA's Lunar Laser Communication Demonstration set a groundbreaking standard by achieving data transmission speeds of 622 megabits per second. This innovative mission highlighted the superiority of laser technology over conventional radio communication, showcasing its potential for faster space data transfer across vast distances. Subsequent tests on the Psyche craft further examined these optical communication capabilities, paving the way for future advancements in space communication technology.
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Quote of the day by author Brad Blanton: ‘Most of us would rather kill ourselves than be, particularly if…’ – American psychotherapist on identity, truth and becoming someone new
Quote of the day: Brad Blanton's radical honesty philosophy explores the conflict between our presented selves and inner experiences. He believed people suffer by concealing thoughts and feelings from others around them. Blanton developed group exercises to confront withheld truths, which later became workshops. His work argues that maintaining appearances traps people in identities they try to protect.
Pentagon weighs scaling back US military presence across Persian Gulf: Report
The Pentagon is assessing options to reduce its military presence in the Persian Gulf. Extensive damage from the Iran conflict has prompted this re-evaluation of regional security. Officials are considering repositioning forces further west to minimize exposure to strikes. This potential drawdown carries significant implications for Gulf partners who rely on US security. The war's cost and infrastructure damage present a choice about future base restoration.
Sandwich generation: How to balance retirement, children’s education and care for elderly parents
Luckily, the squeeze phase doesn’t last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards their 50s. And given the increase in surplus during this phase, many people can accelerate retirement contributions meaningfully.
NFO Insight: ITI Multi Asset Allocation Fund opens for subscription. Should investors buy amid 22% drop in category inflows?
The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversified investments. However, this fund arrives in a sector that’s currently facing diminished investor enthusiasm. Financial analysts urge potential investors to approach new fund offers with caution unless exceptional opportunities arise. Multi-asset funds are designed to spread risk and yield across different asset classes, prompting investors to assess their portfolios thoroughly before making additions.
Watch how Mackenzie Dern nearly submits Gillian Robertson with face-reddening choke to retain UFC 330 title; check viral video
Mackenzie Dern successfully defended her strawweight championship at UFC 330. She secured a unanimous decision victory against challenger Gillian Robertson on Saturday night. Dern came close to a submission in the first round, but Robertson survived the dangerous hold. The subsequent rounds saw limited striking action and much grappling on the canvas. Dern's daughter offered vocal support from her front-row seat during the bout.
Padikkal rises to the occasion: Drafted in after Sudharsan’s injury, Devdutt repays the faith with a maiden century
India's top order displayed assured batting on a good pitch in Galle. Yashasvi Jaiswal and KL Rahul formed a strong opening partnership for the team. Devdutt Padikkal scored an unbeaten century, putting India in control of the game. Padikkal's preparation paid off, leading to a stylish performance in the match. India aims to bat Sri Lanka out of the Test match.
Shoulder injury 'frustrating', but Satwik-Chirag vow to stay aggressive at home Worlds
Satwiksairaj Rankireddy and Chirag Shetty will play aggressively at the World Championships. The Indian pair aims for a better medal on home soil. Satwik manages a recurring shoulder injury which causes frustration. They will focus on the first four strokes of each rally. The duo embraces the home crowd and the challenge ahead.
Quote of the day by Cristiano Ronaldo: 'I am not very romantic. Not a guy who brings flowers. But...'- Portuguese footballer shares his honest take on love, romance and relationships
For Cristiano Ronaldo, romance is viewed as a gentle journey built on simplicity, authenticity and genuine affection rather than grand displays. He believes meaningful relationships are rooted in understanding and mutual respect, allowing love to rise above societal expectations and conventions. As he looks ahead to life after football, Ronaldo hopes to devote more time to his children, expressing his affection through small, thoughtful gestures that make them feel loved, valued and special.
Quote of the day by Langston Hughes, 'Hold fast to dreams, for if dreams die, life is a broken-winged bird that cannot fly' teaches timeless life lessons, wisdom on hope, purpose, courage, strength for personal growth, success in career, work, offers psychology about focus, ambition, happiness, optimism, positivity
Quote of the day by Langston Hughes remains powerful because it speaks to something deeply human: the need to believe that life can become more than it is today. Dreams give people something to move toward, while hope gives them the courage to continue when progress is slow. The broken-winged bird represents a life in which possibility has been damaged by the loss of aspiration, but Hughes' message is ultimately one of protection rather than despair.
‘We want to win Asian Games and stand on World Cup podium’: India men’s hockey coach Craig Fulton
Coach Craig Fulton aims for India to forge its own World Cup history. The team faces the dual challenge of the World Cup and Asian Games. Preparation involves adapting training and utilizing a larger squad for both events. Fulton rates the team as highly skilled, competitive, and confident. He emphasizes process and role definition to manage player expectations.
West Bengal pay panel proposes 5% annual increment, 11-year pension restoration
West Bengal's seventh pay commission will revise employee pay and benefits. It aims for pay parity with central government employees and improved service conditions. Annual increments may increase, and retirement benefits will be reviewed for updates. The health scheme will also see revisions with cashless treatment for beneficiaries. The commission will consider implementing revised pay from January 1, 2026.
Quote of the day by Stephen Hawking, 'Work gives you meaning and purpose and life is empty without it' teaches purpose, meaning, wisdom on work, career, success, ambition, goals of life
Quote of the day by Stephen Hawking remains powerful because they raise a question that extends beyond the workplace: What are we contributing, and what gives our time significance? The answer will differ for every person. But whether through a profession, a creative pursuit, family responsibility or service to others, having something meaningful to work toward can make life feel purposeful.
Quote of the day by Kolo Toure, 'Life is about being happy. Life is about enjoying and that’s It' teaches inspiring lesson for positive, simple meaningful life
Quote of the day by Kolo Toure shows that a meaningful life may not be the one with the longest list of accomplishments. It may be the one in which people experience genuine connection, curiosity, laughter, purpose, and gratitude along the way. Happiness does not have to wait until everything is perfect. Sometimes the ability to enjoy what is already here is itself one of life's greatest achievements.
Newbie's guide to footie: If the World Cup hooked you, here's what comes next
The World Cup's end offers a transition for casual fans to embrace regular football seasons. The article details major European leagues like the Premier League and La Liga. It also covers the UEFA Champions League and emerging leagues like the Saudi Pro League. A TV guide and football lingo are provided for new enthusiasts. Finally, a quiz helps readers find a suitable club to support.
Quote of the day by Samuel Butler, 'Most people have never learned that one of the main aims in life is to enjoy it' reveals psychology behind secret to happier Life, teaches life inspiring timeless lesson on living stress-free relaxing lifestyle
Quote of the day by Samuel Butler remains timeless because it speaks to a universal human experience. People naturally pursue success, security, and recognition, but these goals become far more meaningful when accompanied by joy, gratitude, and meaningful relationships. Life is not measured solely by accomplishments, salaries, or possessions. It is also measured by laughter shared with loved ones, peaceful mornings, unforgettable adventures, acts of kindness, and the quiet moments that remind us why life is worth living. Learning to enjoy life is not a distraction from success as it may be one of success's greatest achievements.
'Golden hour' lost: How delayed police action escalated CJP's Sansad Chalo protest
Police faced criticism for inaction during the 'Sandad Chalo' march. Intelligence reports warned of a large demonstrator build-up. On-ground personnel lacked clear orders from headquarters. This hesitation allowed crowds to breach security perimeters. Similar administrative hesitations occurred during past protests.
Many people keep cooking on a scratched non-stick pan, but researchers found that a single crack in the coating can release around 9,100 plastic particles into the food
Scratched nonstick pans shed thousands of tiny plastic particles into food. These particles come from the Teflon coating, which is a type of PFAS chemical. Researchers used advanced imaging techniques to detect these microscopic plastic fragments. Older pans leached as much material as new ones, sometimes even more. Using silicone or wood utensils and replacing damaged pans can reduce exposure.
EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer compliance
Key features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchanged, but the formalisation of revised provisions will trigger new operational obligations.
India has better chance to qualify if FIFA World Cup expanded to 64 teams: Bhaichung Bhutia
FIFA's potential 64-team World Cup expansion offers India better qualification chances. This move could compromise the overall quality of the games played. Bhaichung Bhutia believes the women's team has a better chance to qualify. He also supports OCI and PIO players joining the national team. Long-term development remains crucial for Indian football's success.
SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reason
SBI denied Rs 9.48 Lakh VRS benefits as employee died a month before VRS retirement cut-off date; Telangana HC grants relief to family and orders SBI to pay. The Telangana High Court held that where an State Bank of India (SBI) employees' VRS application had already been accepted then his death before the formal retirement date would not defeat the claim of his family.
Quote of the day by George Clooney: ‘Regret hurts more than failure. You cannot live with regret as you get older.’ - Ocean's Eleven actor on taking chances before it is too late
George Clooney believes regret hurts more than failure in life. In today's quote of the day, he emphasizes that untried dreams breed a deeper, toxic anger later. This quote highlights the psychological anatomy of human choice and risk. In today's hyper-connected world, the message holds urgent modern relevance. Applying this quote means understanding the ultimate risk is permanent loss of time.
The experience economy is reshaping consumer finance
Young professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on travel and experiences despite economic uncertainty. Financial institutions are adapting by designing products around lifestyles and travel utility. This evolution means financial products increasingly enable experiences rather than just purchases. The future of consumer finance will be driven by enabling meaningful life experiences.
The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)
As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deduction under Section 80CCD(2) unless the employer's NPS contribution is first included in salary. This article explains why the ITR utility is designed to work this way by examining the relevant provisions of the Income-Tax Act, 1961 and dispelling some common misconceptions.
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