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Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
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
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
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, …
Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
The government has ratified the rate of interest at 8.15% rate on deposits under the Employees Prov…
PTI
Assets under management of retirement mutual funds jumps 256% in 5 years
ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …
DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024
Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…
PTI
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
SEBI asks mutual fund industry to proactively conduct stress test
Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…
PTI
EPFO adds 16.02 lakh members in January; 8.08 lakh enroll for 1st time
Retirement fund body EPFO added a net 16.02 lakh subscribers in January 2024, according to payroll …
PTI
Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case
Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…
PTI
PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles
Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…
Ignite the fire of innovation: The intrapreneurship advantage
In Greek mythology, Prometheus, a wise Titan whose name means "foresight," defied Zeus by gifting f…
Adani Enterprises' NCDs to offer around 9.99% returns, higher than FDs, says Adani CFO
Group CFO Jugeshinder Robbie Singh announced on Thursday that the non-convertible debentures (NCDs)…
ANI
Royal Caribbean passengers are suing over an employee who recorded women and kids with hidden cameras
Cruise line Royal Caribbean is being sued after an employee was sentenced to 30 years in prison for…
Joshua Nelken-Zitser
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
Investors’ new love for mutual funds might take sheen off bank deposits
Mutual funds hold an inherent advantage as investments because they provide a diverse range of prod…
Focused MFs' asset base rises 31% to Rs 1.43 lakh cr in June qtr; up to 60% returns last year
Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of …
PTI
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…
EPFO adds a net 15.62 lakh members in Dec; 8.41 lakh new subscribers join workforce
This surge in membership can be attributed to various factors, including increased employment…