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EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya

The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …

ANI   


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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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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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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…

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QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!

QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…

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RBI authorises Bandhan Bank to disburse pension to retired railway employees

Private lender Bandhan Bank on Wednesday said it has been authorised by the Reserve Bank of India (…

PTI   


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India's biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per sha…

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Govt employee unions to hold Pension Rights Maharally in Delhi

Employees of central and state government departments will gather at Ramlila Maidan here on August …

PTI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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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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'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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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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Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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Ontario Teachers’ Pension expands India operations, ropes in HDFC’s Keki Mistry as senior advisor

The fund’s sixth global office in Mumbai will target investments across all asset classes, inclu…

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Odisha govt hikes DA by 3 percent for employees, pensioners

Four lakh employees and 3.5 lakh pensioners will be benefitted. The arrears of DA for the m…

PTI   


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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   


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Defence veterans yet to receive pension for April

Lieutenant General DS Hooda (Retd) in a tweet said: "Veterans complaining of pension stopped withou…

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Canada Pension Plan Investment Board invests C$60 mn in National Highways Infra Trust

Canada Pension Plan Investment Board invests C$60 mn in National Highways Infra Trust

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Drone brings govt pension to disabled man who lives in Odisha village surrounded by dense forest

"The sarpanch sent the money with the help of a drone. It's a big relief for me as the panchayat of…

PTI   


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DMK vows to repeal CAA if INDIA bloc is voted to power

Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…

PTI