Welcome To Devanahalli

Devanahalli

Devanahalli is a historic town located in the state of Karnataka, India, known for its rich cultural heritage and scenic beauty. Situated about 35 kilometers north of Bengaluru, it is famous as the birthplace of Tipu Sultan, the 18th-century ruler of Mysore. The town is home to several historical landmarks, including the Devanahalli Fort, ancient temples, and lush landscapes, making it a popular destination for history enthusiasts and nature lovers alike.

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Explore Devanahalli: Heritage, History, and Growth

  • Unable to withdraw PF or file claims? EPFO services unavailable for 7 days

    Employees' Provident Fund Organisation (EPFO) services remain unavailable beyond the scheduled July 1 deadline due to a planned database consolidation and software upgrade. This outage, affecting member and employer portals, prevents access to crucial functions like claim submission and e-passbook. Meanwhile, a new EPF Scheme, 2026, has been notified, introducing digital reforms and simplified withdrawal rules, alongside initiatives to address past compliance issues.

  • UPI volumes up 1.2%, rise to 76 crore

    Digital payment volumes saw a slight dip in June, with UPI transactions falling 2.1% month-on-month. Despite this, daily UPI activity remained robust, and year-on-year growth continues to impress. Other payment systems like FASTag and IMPS also experienced sequential declines, though yearly figures show mixed trends, indicating a dynamic digital payments landscape.

  • Car sales in June signal strong demand recovery

    India's passenger vehicle sector kicked off FY27 with robust June sales, fueled by strong demand for SUVs and EVs. Tata Motors saw a remarkable 69% surge, driven by popular models and record EV figures. Maruti Suzuki maintained its lead with a 19.3% increase, while Mahindra & Mahindra also reported significant growth. Despite a temporary production setback, Hyundai's domestic sales remained strong.

  • FPIs' $5bn bond purchase offsets steady equity sales

    Foreign investors returned as net buyers in June, injecting $531 million into Indian markets after a period of outflows. This positive shift was driven by substantial inflows into sovereign debt, totaling $5.8 billion, which more than compensated for continued equity selling. The debt market's strong performance signals renewed international confidence in Indian government securities.

  • PE-VC deal value dips 5% in H1 CY2026

    Private equity and venture capital investments saw a slight dip of 5% year-on-year in the first half of 2026, reaching $17.5 billion. Despite global uncertainties, investors deployed substantial capital, particularly in data centers and NBFCs. Late-stage companies attracted the largest share of funding, indicating continued confidence in established businesses. Overall, the sector demonstrated resilience, with significant deals driving investment activity.

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