Suman Bery ,Vice Chairman, NITI Aayog 240 million Indians escaped...
Category:
Pension & Social Security
Latest
Pension fund managers want changes on in bond rules for higher yield on retirement savings
Currently, investment in corporate bonds maturing in less than...
Trade unions go on daylong strike, services largely unaffected
The unions' demands include doing away with the four labour codes,...
Falling fertility rates in southern states point to ageing population in future, says Arvind Panagariya
"Southern states in particular, where fertility rates have fallen well below replacement levels, face problematic increases in dependency ratios and ageing populations in the longer run," Finance Commission Chairman Arvind Panagariya Vijayawada: Southern states, where...
Corporate credit tremors in aftershock of tariff-led stock rout
The move is fueling fears pension funds and other longer-term investors might also start purging higher-quality borrowers from their portfolios. With the majority of fixed-income trading happening off-market, it can be hard to track and measure sales The tariff shock...
FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London
The key priorities for the India-UK Economic and Financial Dialogue on the Indian side have been flagged as cooperation in IFSC GIFT City, investment, insurance and pension sectors, fintech and digital economy, and mobilising affordable and sustainable climate finance...
NPS corpus touches Rs 14.4 lakh crore with 8.4 cr subscribers in FY 25: PFRDA chairman
L TO R- Deepak Mohanty, chairman,PFRDA , Nagaraju Maddirala, Secretary, Department of Financial Services, Pankaj Chaudhary,Minister of State for Finance at 'International Research Conference on Pension 2025' organised by PFRDA and IIM, Ahemedabad in New Delhi Minister...
Hackers target Australia’s major pension funds, steal savings from the biggest fund
AustralianSuper, the country’s largest fund managing A$365 billion for 3.5 million members, said that up to 600 member passwords had been stolen to access accounts and attempt fraud Hackers targeting Australia’s major pension funds in a series of coordinated attacks...
Govt appoints IRDAI’s Randip Jagpal and EPFO’s Sanjay Pandey as Members of PFRDA
Earlier in the week, the government appointed Deputy CAG S Ramann as Chairperson of PFRDA for a five-year term New Delhi: The government, on Thursday, has appointed Randip Singh Jagpal, executive director at IRDAI, and Sanjay Pandey, financial adviser and chief...
No fee to be charged for updation of nominees for PPF accounts: FM
"The Banking Amendment Bill 2025, passed recently, allows nomination up to 4 persons for payment of depositors' money, articles kept in safe custody and safety lockers," said Finance Minister Nirmala Sitharaman New Delhi: Finance Minister Finance Minister Nirmala...
New India celebrates `Bima Jagruti Mahotsava’ in Gujarat
Furthering its commitment to financial inclusion, NIA has opened a dedicated State Insurance Plan office in Gujarat, manned by a senior executive of the company. This initiative aligns with IRDAI’s “Insurance for All by 2047” vision, with Gujarat being the designated...
S Ramann appointed as chairman of PFRDA for 5 yrs
Sivasubramanian Ramann, chairman-designate, PFRDA Ramann belongs to 1991 batch of Indian Audit & Accounts Service (IA & AS) and was also Chairman & Managing Director, Small Industries Development Bank of India (SIDBI) earlier. New Delhi: The government on...
Wipro awarded £500m deal from UK insurance giant Phoenix Group
As per the deal, Wipro’s existing FCA-regulated entity Wipro Financial Outsourcing Services Limited (WFOSL) will deliver comprehensive life and pension administration services to Phoenix Group’s ReAssure customers Mumbai: IT services company Wipro on Wednesday (26)...