Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishments

EPS higher pension: The government has acknowledged the Madras High Court’s decision on higher pension benefits. Supreme Court orders regarding higher pension contributions have also been examined. An online facility was provided for EPS subscribers opting for higher pension. This higher pension judgment has been implemented uniformly for all establishments. Employees can now contribute based…

Delhi HC quashes criminal cases in 2015 Maggi Noodles row, sets aside summoning orders against Nestle officials

The Delhi High Court quashed criminal complaints related to the Maggi Noodles controversy. This decision followed subsequent judicial developments and fresh testing of the product. The court found continuing prosecutions would abuse legal processes. Earlier reports formed the basis of these complaints against the company. New scientific findings significantly weakened the prosecution’s original case.

FSSAI won’t ease ‘energy drink’ label deadline for PepsiCo, Red Bull, Monster & others

India’s food regulator will not extend the ninety-day deadline for energy drink labeling changes. Global beverage companies sought a one-year extension to comply with new regulations. Many Indian states have indicated existing stocks can be sold within sixty to ninety days. Companies are also concerned about state governments seizing energy drink products. This decision is…

Global Market: European bluechip earnings set for strongest growth since 2022 as energy sector powers profits

European blue-chip companies are gearing up for their most promising quarterly earnings growth in the last three years, with the energy sector and basic materials industries making significant strides. The STOXX 600 index anticipates a remarkable earnings rise of 22.4 percent, alongside an uptick in revenue projections, marking the fastest sales growth seen in sixteen…