Nirmala Sitharaman ,Union Minister for Finance and Corporate...
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Pension & Social Security
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Domestic investors buy record Rs 5.3 lakh crore worth equities in 2025 to date, Insurers and pension funds add more than Rs 1 lakh crore
Foreign institutional investors (FIIs) remained net sellers,...
PFRDA chief favours flow of pension money into infra building
“We will certainly want to make sure there is a smooth flow of...
TCS expands 15-yr strategic partnership with UK’s Aviva, to service over 5.5 million policies
Doug Brown, CEO Insurance, Wealth & Retirement, Aviva said,“Extending this strategic partnership will improve how we serve our customers, further simplify our operations and support our growth ambitions. It will allow us to rationalize our systems and improve...
Centre allows woman employees to nominate son daughter for family pension
Previously, family pension was granted to the spouse of a deceased government servant or pensioner, while other family members became eligible only after the spouse's ineligibility or demise, the statement said New Delhi: In a path-breaking decision with far-reaching...
Italy, EU’s oldest country, to spend more on the elderly
Among several measures, the package envisages a so-called monthly "universal benefit" of 1,380 euros to support poor people over 80 with "very severe welfare needs", a government document showed Rome: Italy's government said on Thursday it would introduce a new...
China’s population drops for 2nd year, raises long-term growth concerns
The National Bureau of Statistics said the total number of people in China dropped by 2.75 million to 1.409 billion in 2023, a faster decline than in 2022, which was the first since 1961 during the Great Famine of the Mao Zedong era Beijing: China's population fell...
Received info from India on social security pact, more work required on this: USTR Katherine Tai
Katherine Tai, US Trade Representative Under this agreement, an expatriate in either country need not contribute to the social security scheme of the host country New Delhi: The US Trade Representative Katherine Tai on Saturday said they have received information from...
Maharashtra cabinet nod for OPS to state employees who joined service after Nov 2005
Under the OPS, a government employee gets a monthly pension equivalent to 50 per cent his/her last drawn salary. There was no need for contribution by employees. The OPS was discontinued in the state in 2005 Mumbai: The Maharashtra cabinet on Thursday cleared a...
Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers
According to an official release, Telangana Chief Minister A Revanth Reddy also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme Hyderabad: Telangana Chief Minister A Revanth Reddy Saturday said the...
Small cities to play key role in achieving resolve of developed India by 2047: PM Modi
The government is committed to saving money for urban families, be it exemption in income tax or low-cost treatment. The inclusion of crores of urban poor in the Ayushman Bharat initiative has helped them save Rs 1 lakh crore on medical expenses. Medicines were made...
By 2047, India to remain a lower middle country if growth remains 6%: Rajan
"We will start the process of aging at some point around that time, which leads to the alarming question if we don't grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that point,"...
Andhra hikes free medical treatment scheme limit to Rs 25L , monthly social pension to Rs 3K
YS Jagan Mohan Reddy,Chief Minister, Andhra Pradesh "Andhra Pradesh Cabinet has approved the proposal to launch the second phase of Jagananna Arogya Suraksha from January 1 and enhance the free medical treatment limit under YSR Aarogyasri to Rs. 25 lakhs and make it...