EPFO increased auto-settlement limit for advance claims from Rs 1 lakh to Rs 5 lakhs: Mansukh Mandaviya

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

New Delhi [India], March 11: Following the signature of the landmark UK-India Free Trade Agreement (FTA), the food and drink sector is emerging as a key driver of bilateral trade. The agreement is expected to create new opportunities for exporters and importers in both countries by improving market access and strengthening commercial ties. The deal will lead to an increase in bilateral trade by £25.5 billion every year in the long term, supporting new jobs and growth across both economies.

IDFC FIRST Bank announced on Tuesday that it has paid a net principal amount of Rs 645 crore to settle claims arising from an incident at a single branch in Chandigarh. The final payout is Rs 55 crore higher than the initial principal estimate of Rs 590 crore previously disclosed to stock exchanges.

Singapore, March 10: Graduates from Singapore Management University continue to secure good employment outcomes despite a more cautious hiring climate, with more than nine in ten securing employment within six months of graduation, according to the latest Joint Autonomous University Graduate Employment Survey (JAUGES) 2025.

New Delhi [India], March 9: The Indian public sector still uses a big number of people to carry out development programs, infrastructural development, and administration. Thousands of contractual and project based workers, whether in municipal corporations, public sector undertakings, or government hospitals, underpin day to day operations. The process of managing such a large workforce has traditionally been complex, with a number of intermediaries. During the last few years, the concept of organized employment management services has become a significant remedy to enhance transparency, efficiency, and compliance in the administration of the workforce in government.