Monsoon failure in Parliament

Even as the government and the Opposition are mulling whether the monsoon session of Parliament should be extended by a week, it seems both Houses would need 20 working days to finish the scheduled......

UPA comfortably placed before monsoon session

The controversy over the Food security ordinance notwithstanding, the United Progressive Alliance seems comfortably placed on the cusp of the monsoon session of Parliament, to be held......

Risk cover for pension funds likely

The Pension Fund Regulatory and Development Authority might consider insurance cover for pension funds in line with the structure prevailing in the US once fund managers start investing in......

CAG questions Sebi, Irda for holding surplus funds

Government auditor CAG has rapped five regulators, including Sebi, Irda and PNGRB, for keeping their surplus funds worth over Rs 2,142 crore collected through fee and penalty outside the government......

New norms for pension fund cos

The draft regulations for the new pension scheme likely to be out by September first week is expected to recommend fixing minimum base capital for pension fund management companies less than that......

Insurers: No separate licence for pension biz

Insurance companies need not take a separate licence to undertake pension business even as the ordinance has set up a separate regulator for pension."Insurance companies need not report to two......