S. Ramann, chairperson, PFRDA, highlighted the significant rise in...
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Pension & Social Security
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EPFO intensifies efforts for reduction of litigation, to use WhatsApp to enhance reach
Alongside clearing legal pendency, EPFO is moving to simplify how...
PMJJBY,PMSBY settle claims worth Rs25,160 cr since their launch in 2015
Nirmala Sitharaman,Finance Minister Citing data on the 11th...
HDFC Pension aims to double its subscriber base in next few years: CEO
"PFRDA has reduced the vesting period to 15 years or retirement, whichever is earlier, and permitted 100% equity allocation under the Multiple Scheme Framework (MSF), compared to the earlier 75% cap. These steps have made NPS far more flexible and appealing to a...
NITI Aayog unveils roadmap on AI to empower 490 million informal workers
NITI Aayog's Mission Digital ShramSetu will harness AI, blockchain, immersive learning, and other frontier technologies to dismantle structural constraints — ranging from financial insecurity and limited market access to lack of skilling and social protection — and...
India advancing towards inclusive and universal social protection: Mansukh Mandaviya
“We are strengthening our social security through comprehensive policy, process, and digital reforms. India is leveraging technology to create new income opportunities and a social security net through a holistic approach that combines financial access, skilling,...
National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman
The new framework gives pension funds the freedom to create their own schemes, thereby offering more flexibility and options for subscribers New Delhi: India's National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning tool,...
Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4
Nirmala Sitharaman ,Union Minister for Finance and Corporate Affairs, Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to lack of awareness or outdated account details...
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, dumping Rs 1,80,443 crore so far in 2025 after selling Rs 1.21 lakh crore last year New Delhi: Even with a quarter remaining in 2025, domestic institutional investors have net bought a record Rs 5.3 lakh...
PFRDA chief favours flow of pension money into infra building
“We will certainly want to make sure there is a smooth flow of money to infrastructure bonds or infrastructure projects if Nabfid provides a credit enhancement guarantee,” Sivasubramanian Raman, the chairman of the Pension Fund Regulatory and Development Authority,...
Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS till July 20, and the last date to enrol under the scheme is September 30 New Delhi: The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS)...
Sebi to engage with govt to allow banks, pensions funds to invest in non-agri commodity derivatives
"We will also engage with the government to consider banks, insurance companies and pension funds to trade in these (non-cash, non-agricultural) markets," chairman Tuhin Kanta Pandey said Mumbai:Sebi will "engage" with the government to allow banks, insurance...
Govt extends one-time option to employees to opt for UPS
The government has decided to extend a one-time option to central government employees who joined services between April 1, 2025, and August 31, 2025, and have opted for the National Pension System, to migrate to the Unified Pension Scheme (UPS). This option may be...