"We must appreciate the fact that the provisions for grant of...
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Pension & Social Security
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India secures 3-year exemption from social security contribution for domestic workers in UK
Presently, Indian professionals working for a limited period in...
NPS subscriber enrolment surges to 12 Lakh in FY25
The Assets Under Management (AUM) for both NPS and Atal Pension...
Number of Indian poor people fell by about 415 mn between 2005-06 and 2019-21, a ‘historic change, says UN
"Despite tremendous gains, the ongoing task of ending poverty for the 228.9 million poor people in 2019/2021 is daunting — especially as the number has nearly certainly risen since the data were collected'' The number of poor people in India fell by about 415 million...
Indian women prefer savings plans among life insurance products: Tata AIA survey
72% of women believe life insurance is integral to their financial planning post-Covid-19. The respondents from tier-3 cities feel more strongly about this. A savings plan was the most preferred among life insurance products, followed by term insurance. Pension plans...
Mental, physical & financial resilience improving, says New HSBC Life 2022 +Factor Study
Greg Hingston, CEO, Global Insurance and Partnerships, HSBC Life, commented: "The interconnection between mental, financial and physical dimensions is clear. When one dimension improves, the others follow. When physical, mental and financial health are all addressed,...
UK watchdog tells pension funds to focus on building buffers
Nikhil Rathi, CEO, Financial Conduct Authority Regulators have told defined benefit pension funds to build up their liquidity buffers to cope with any further big hike in gilt yields when BoE support ends on Friday London: Britain's financial watchdog told pension...
FinMin to launch special campaign for financial inclusion from Oct 15
''To further deepen Financial Inclusion (FI) framework, @DFS_India will organise a special campaign from 15th October 2022 to 26th November 2022, which will initially be rolled out at the Gram Panchayat (GP) level in following seven districts across India-- Cuttack,...
Ageing and Health: Global population ageing is much faster now
By 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60 years and over will increase from 1 billion in 2020 to 1.4 billion. By 2050, the world’s population of people aged 60 years and older will double (2.1...
By 2030, 1.4 billion people will be at least 60 years old: UN
Secretary-General António Guterres reminded that this pledge is enshrined in the Sustainable Development Goals (SDGs), adding that lifelong learning, strong social protection, accessible quality long-term healthcare, bridging the digital divide, intergenerational...
Canada’s Ontario Teachers’ Pension Plan Board grows presence in India, establishes Mumbai office
“India is an attractive investment destination and will be one of our growth markets over the next 5-10 years. It has a large, growing, and dynamic economy, with openness to foreign capital which makes it a strategically important market for us,” said Jo Taylor,...
Conflict, climate change and Covid pose threat to health of women, children: PMNCH
As many as 18 million children did not receive a single dose of DTP in 2021. The vast majority of these children live in low and middle-income countries, with India, Nigeria, Indonesia, Ethiopia and the Philippines recording the highest numbers, the statement said In...
Objective to bring 17 lakh pensioners on SPARSH by Sep end: Defence Ministry
The Defence Accounts Department signed a Memorandum of Understanding (MoU) today with Bank of Baroda and HDFC Bank, to onboard them as service centres under the System for Pension Administration (Raksha) or SPARSH initiative, across more than 14,000 branches...