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  EPFO may credit first instalment of 8.5% interest by Diwali The EPFO central board in September said it will pay 8.5% interest to its subscribers for the year ended 31 March The retirement fund body’s earnings were badly hit in March due to coronavirus pandemic The retirement fund body’s earnings were badly hit in March due to coronavirus pandemic. "In view of exceptional circumstances arising out of covid19, the agenda regarding interest rate was reviewed by the central board and it recommended the same rate of 8.5% to the central government," the labour ministry earlier said  The EFO  central board in September said it will pay 8.5% interest to its subscribers for the year ended 31 March. The interest rate be divided into 8.15% and 0.35%. While the government-managed fund may transfer 8.15% interest by Diwali, the rest of the 0.35% is likely to be credited by December, according to reports.

  Warren Buffett gave investing advice to investigative journalist Bob Woodward, bought 100 Microsoft shares after meeting Bill Gates, and made a $37 billion acquisition because of a chance encounter, he told David Rubenstein in an interview for "How to Lead: Wisdom from the World's Greatest CEOs, Founders, and Game Changers." Rubenstein, the cofounder and co-executive chairman of The Carlyle Group, published the book in September. He spoke to Buffett, a billionaire investor and the CEO of Berkshire Hathaway, in 2016. Here are Buffett's 10 best quotes from the interview: 1. "The railroad business had a bad century. They're kind of like the Chicago Cubs. Everybody has a bad century now and then" — on Berkshire's purchase of the Burlington Northern Santa Fe railroad in 2009.

  Microsoft CEO Satya Nadella says he is tired of Work From Home Microsoft CEO Satya Nadella finds Work From Home extremely tiring, which makes him drowsy and sleepy. He is now sick of it. Microsoft CEO Satya Nadella is tired of Work From Home. Like literally. In an interview Nadella says that the nature of working from home makes him sleepy and tired all the time. He particularly blames video calls that he finds require more effort to concentrate and make people tired. In an interview with the Wall Street Journal, Nadella said, “Somebody once described this. When people say you're working from home, it feels sometimes like you're sleeping at work." Then he explained it by blaming video calls that are often part of Work From Home routine. “Thirty minutes into your first video meeting in the morning, because of the concentration one needs to have on video, you're fatigued," he said. Currently, Microsoft, like most of the other companies across the world are in Work...

  Every Central Government pensioner has to submit life certificate in the month of November for further continuation of his/her pension. It has been observed that a large number of Central Government pensioners physically visit bank branches for this purpose. Earlier, as a measure to enable additional dedicated time to very senior pensioners, the pensioners in the age group of 80 years and above were allowed to submit Life Certificate from 1st October onward instead of 1st November, every year. However, the pensioners in the age group of 80 years and above, can submit Life Certificate from 1st October, 2020 onwards, to 31st December, 2020. During this extended period, the pension will be continued to be paid by the Pension Disbursing Authorities (PDAs) uninterrupted. The above measures are expected to avoid rush at branches and maintain social distancing, while obtaining Life Certificates from the elderly this year. PDAs shall also ensure proper arrangements and social distancing ...

What is Manufacturing Engineering? From the shoes on your feet to the car you drive, nearly everything you use in your daily life is man-made, or ‘manufactured’. At its most basic level, Manufacturing Engineering takes ideas from concept generation right through to working products. The reality is more complex, and much more interesting. Manufacturing Engineers: Design a product, Select the best technologies and processes for manufacturing it, Plan and design the factory that will produce the product, and Oversee the running, management, maintenance and improvement of the factory.  Manufacturing Engineers also get involved in supply chain management, logistics and distribution, quality management as well as environmental and life-cycle management. In short, Manufacturing Engineering is the branch of engineering that is concerned with understanding, analysing and improving complex industrial, manufacturing and infrastructure systems.  The growing import...

Mechanical engineering Mechanical engineering  is an engineering discipline that combines  engineering physics  and  mathematics  principles with  materials science  to  design , analyze, manufacture, and maintain  mechanical systems . It is one of the oldest and broadest of the  engineering disciplines . The mechanical engineering field requires an understanding of core areas including mechanics,  dynamics ,  thermodynamics ,  materials science ,  structural analysis , and  electricity . In addition to these core principles, mechanical engineers use tools such as  computer-aided design  (CAD),  computer-aided manufacturing  (CAM), and  product lifecycle  management to design and analyze  manufacturing plants ,  industrial equipment  and  machinery ,  heating and cooling systems ,  transport  systems,  aircraft ,...

What is Management Information System (MIS)? A management  information  system ( MIS ) is a computer system consisting of hardware and software that serves as the backbone of an organization's operations. An  MIS  gathers data from multiple online systems, analyzes the  information , and reports data to aid in management decision-making. MIS is also the study of how such systems work. The need for MIS The following are some of the justifications for having an MIS system Decision makers need information to make effective decisions.  Management Information Systems (MIS) make this possible. MIS systems facilitate communication within and outside the organization  – employees within the organization are able to easily access the required information for the day to day operations. Facilitates such as Short Message Service (SMS) & Email make it possible to communicate with customers and suppliers from within the MIS system that an organizati...