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3 mins read

Over 23 lakh govt employees under NPS get option to choose unified pension scheme

Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to…

PTI   


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2 mins read

Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work

The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …

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2 mins read

The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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5 mins read

Five gifts you can give to yourself, friends, or family, towards achieving financial independence

Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…

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4 mins read

Budget 2024: Here's what India's elderlies want

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

Business Insider Latest Story Image
1 min read

Total corpus under pension funds crosses Rs 11 lakh cr: PFRDA Chairman

The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty on Friday sai…

PTI   


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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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5 mins read

How the hedge fund superstar went extinct

The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror

Dan DeFrancesco   


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2 mins read

The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1

Canada's biggest pension fund sold a stake in a New York office it had plans to redevelop for a buc…

Phil Rosen   


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2 mins read

Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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2 mins read

Fund allocations to key sectors and schemes hiked in budget

The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…

ANI   


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2 mins read

Household savings are choosing mutual funds over banks to invest savings: RBI Governor

The households are choosing the capital markets over the banks to park or invest their savings, hig…

ANI   


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2 mins read

'SpiceJet didn't deposit money into pension funds for months'

India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …

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2 mins read

My retired father uses his pension to pay for my basic needs because I can't find a job. I'm worried I'm ruining his retirement.

When this recent college grad couldn't find a job, she turned to her father for help. He gives her …

Patience Tinotenda Mutsetse   


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3 mins read

A comprehensive guide to retirement planning in India: Secure your future

Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…

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1 min read

Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker

Tesla has clashed with Nordic trade unionists in recent months, with its Swedish mechanics on strik…

George Glover   


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3 mins read

I ask men if they have a pension plan before I seriously date them. It's not because I care how much money they have.

As a single mom who has secured her own finances, she is only interested in dating men who have don…

Nicola Prentis   


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2 mins read

CBDT exempts startup investments from 21 nations including US, UK from angel tax

India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…

PTI