S Ramann, Chairperson ,PFRDA Bank of Baroda has formally entered...
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India needs to shift more household savings to long-term pension assets: CEA Nageswaran
V Anantha Nageswaran, Chief Economic Adviser "That is a different...
Indian insurance and pension segments record fastest growth, up 11.4%, ahead of deposits in 2025: Allianz Report
In India, insurance and pensions grew fastest, up 11.4%, ahead of...
Wage ceiling hike to Rs 25,000 a ‘win-win situation’, more people on margin to get social protection: Labour Secretary
Chandra Bhushan Kumar, Secretary, Ministry of Labour & Employment Kumar said the Employees’ Provident Fund (EPF) framework provides provident fund, pension and insurance benefits, adding that such social protection brings greater stability in the working...
100% FDI in pension fund industry soon:PFRDA chairman
S. Ramann chairman, PFRDA(L) and Sriram Iyer, MD & CEO, HDFC Pension Fund Management at the launch of the company's second edition of NPS Preference Index Study 2026 in Mumbai on Monday According to Ramann,West Bengal, which joined the Ayushman Bharat PM-JAY...
South Korean pension fund seeks India government bond investment licence
Korea's National Pension Service, which has more than $1.3 trillion in assets, will be one of the first to apply under the Securities and Exchange Board of India (SEBI) lower compliance window for foreigner investors investing only in government bonds, the sources...
FinMin to meet PSB, RRB chiefs on Monday to ensure banking services during 3-day strike
United Forum of Bank Unions(UFBU) claims to represent 90 per cent of the banking workforce, and their other demands include updation and improvement of pension, a uniform dearness allowance formula for all pensioners and an option for employees covered under the...
LIC leads $703mn NSE anchor book
LIC, NSE’s largest shareholder, emerged as the biggest anchor investor, acquiring 2.24 million shares valued at ₹400.3 crore. Societe Generale’s offshore derivative instrument desk picked up 1.77 million shares worth ₹316 crore, while Norway’s Government Pension Fund...
EPFO wage ceiling hike could benefit up to 1 crore new workers: Mandaviya
Union Labour and Employment Minister Mansukh Mandaviya According to the latest EPFO data cited by the government, the organisation has around 7.98 crore contributing members across about 7.68 lakh contributing establishments, while the EPS provides pension benefits to...
Satheesan reviews Keralam State Elderly Persons (Care and Protection) Bill, 2026
V D Satheesan.,Chief Minister,Keralam Chaired a high-level meeting to review the draft Keralam Policy for Elders and the Keralam State Elderly Persons (Care and Protection) Bill, 2026. Committed to ensuring statutory security, healthcare access, and a life of dignity...
Pension Sakhis to take retirement security to rural India
Department of Rural Development (DoRD) and the Pension Fund Regulatory and Development Authority (PFRDA) today signed a Memorandum of Understanding (MoU) to create and support a community-based outreach mechanism of ‘Pension Sakhis’ across rural India. New Delhi:In a...
NPS Swasthya likely to launch within 30 days, final guidelines due in days: PFRDA chief
Sivasubramanian Ramann, Chairman,PFRDA NPS Swasthya is a health-focused pension product under the National Pension System that allows subscribers to set aside part of their retirement corpus for medical expenses. PFRDA introduced it initially as a proof of concept...
EPFO urges establishments to utilise Employees’ Enrolment Campaign to extend social security benefits
It provides a special one-time opportunity to enrol eligible employees who remained outside EPF coverage during the period April 1, 2009 to March 31, 2026. New Delhi: The Employees’ Provident Fund Organisation (EPFO) on Saturday urged establishments to use the...