News for 'New Pension System'

Act against corrupt, however powerful, without fear, Modi tells CBI

Act against corrupt, however powerful, without fear, Modi tells CBI

Rediff.com3 Apr 2023

There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.

Here's some good news for central govt employees

Here's some good news for central govt employees

Rediff.com24 May 2019

Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

'American or Chinese soldiers are not a patch on Indian soldiers'

'American or Chinese soldiers are not a patch on Indian soldiers'

Rediff.com1 Sep 2023

'The next war will be fought by China-Pakistan against India and we have to fully be prepared. We must read the writing on the wall.'

US: Jay Chaudhuri to head $3 trillion pension funds group

US: Jay Chaudhuri to head $3 trillion pension funds group

Rediff.com2 Jul 2014

Jyoti 'Jay' Chaudhuri, general counsel and senior adviser to the state treasurer of the US state of North Carolina, was elected chairman of the board of the Council of Institutional Investors, last month.

Beware Of Agnipath!

Beware Of Agnipath!

Rediff.com13 Jul 2022

The greatest unknown in this risky initiative lies in the way human relationships will play out -- not just between the Agniveers, who will be competing with their fellows for permanent jobs beyond their four-year tenures -- but also between the Agniveers and existing full-time soldiers, warns Ajai Shukla.

'In the short-term, the markets will remain volatile'

'In the short-term, the markets will remain volatile'

Rediff.com28 Aug 2020

'There is still scope for selective stockpicking.'

Implement OROP in a meaningful way: Rahul to PM Modi

Implement OROP in a meaningful way: Rahul to PM Modi

Rediff.com29 Oct 2016

The Congress vice president wrote to Prime Minister Narendra Modi saying he was saddened at the decisions of the government taken in the last few weeks

Factional feud, poll promises major challenges for new Cong govt in Himachal

Factional feud, poll promises major challenges for new Cong govt in Himachal

Rediff.com11 Dec 2022

Allocation of portfolios would be the immediate vexatious issue for the party, with supporters of Virbhadra Singh already feeling sidelined after the elevation of the late chief minister's professed rival Sukhu.

3 ways we can fight corruption in the system: RBI gov

3 ways we can fight corruption in the system: RBI gov

Rediff.com18 Aug 2014

The RBI governor believes corruption ca be fought by streamlining the system.

Task force to coordinate filling up of vacancies in central ministries

Task force to coordinate filling up of vacancies in central ministries

Rediff.com14 Jul 2022

The development assumes significance as Prime Minister Narendra Modi had last month announced 10 lakh government recruitments in the next 1.5 years.

The Banking Accidents Have Started

The Banking Accidents Have Started

Rediff.com24 Mar 2023

The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places, observes Neelkanth Mishra.

SP manifesto promises major sops for workers, farmers, poor, women

SP manifesto promises major sops for workers, farmers, poor, women

Rediff.com8 Feb 2022

The party released its manifesto -- Samajwadi Vachan Patra -- for the coming assembly elections, shortly after the BJP released its own.

Regulators monitoring firms that can crash the financial system

Regulators monitoring firms that can crash the financial system

Rediff.com30 Dec 2013

Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.

Time to tweak your personal financial plans

Time to tweak your personal financial plans

Rediff.com23 Dec 2020

Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.

EPF issue: What led to so many U-turns?

EPF issue: What led to so many U-turns?

Rediff.com4 May 2016

EPF is the major vehicle for the long-term savings of organised private sector employees.

Opt for NPS for higher returns

Opt for NPS for higher returns

Rediff.com25 Feb 2021

But be ready for lock-in till the age of 60.

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

Shift from EPS would hurt retirement kitty

Shift from EPS would hurt retirement kitty

Rediff.com8 Aug 2013

Despite the equity booster, many would be uncomfortable about NPS.

Adani Stocks: What Price Rigging?

Adani Stocks: What Price Rigging?

Rediff.com29 May 2023

The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.

Buying retirement plans? These options can be of great help

Buying retirement plans? These options can be of great help

Rediff.com6 Jan 2015

Insurance firms have designed amazing retirment plans to lure more customers.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

RBI's retail direct scheme off to a good start

RBI's retail direct scheme off to a good start

Rediff.com30 Nov 2021

The Reserve Bank of India's retail direct scheme is off to a good start but the central bank itself sees it as an additional avenue and not an alternative to the existing one. Still, a reasonable expectation is to have at least 100,000 investors within a month of it being operational, and that could be well under way, if the latest trend is to sustain. The registration in the retail direct platform has crossed 35,000.

Election-Neutral Budget In High-Stakes Poll Season

Election-Neutral Budget In High-Stakes Poll Season

Rediff.com2 Feb 2022

While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.

'Indian soldier costs minimum, delivers maximum'

'Indian soldier costs minimum, delivers maximum'

Rediff.com18 Jun 2022

'We're hitting at the core strength of our armed forces.'

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

'I am not the target, my leader KCR is'

'I am not the target, my leader KCR is'

Rediff.com23 Mar 2023

'He is exposing the failings of the BJP, which is rankling the party.'

NPS and EPF should get same tax benefits

NPS and EPF should get same tax benefits

Rediff.com14 Mar 2016

The 40 per cent exemption benefit is applicable only for employees.

Railway infra bears the brunt of Agnipath protests on Day 4

Railway infra bears the brunt of Agnipath protests on Day 4

Rediff.com18 Jun 2022

Protestors continued to target railway properties in Bihar and West Bengal on Saturday to vent their ire against the Agnipath defence recruitment scheme disrupting train services in the eastern region for the fourth day in a row, while demonstrations were held on roads in Odisha and Jharkhand.

Meet Urjit Patel, RBI's 24th Governor

Meet Urjit Patel, RBI's 24th Governor

Rediff.com20 Aug 2016

As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank

Guaranteed returns for golden years? Go for annuities

Guaranteed returns for golden years? Go for annuities

Rediff.com6 Oct 2017

Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh

Poll star Sitharaman woos middle class, women with tax and savings sops

Poll star Sitharaman woos middle class, women with tax and savings sops

Rediff.com1 Feb 2023

Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.

Govt to resolve public grievances in 30 days, prioritise urgent matters

Govt to resolve public grievances in 30 days, prioritise urgent matters

Rediff.com29 Jul 2022

Besides, it has been decided that a complaint received from a citizen will not be closed until an appeal filed against it is disposed of.

'This Will Make Army The Last Choice For Young People'

'This Will Make Army The Last Choice For Young People'

Rediff.com18 Jun 2022

'Military is too serious a matter to be taken as a tour for a few years.'

Why India's gig workforce is still outside purview of basic benefits

Why India's gig workforce is still outside purview of basic benefits

Rediff.com7 Apr 2023

If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.

Govt may restore military's disability benefits

Govt may restore military's disability benefits

Rediff.com18 Oct 2016

With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.

Military Needs Soldiers, Not Contract Labour

Military Needs Soldiers, Not Contract Labour

Rediff.com13 Jun 2022

While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).

Infra Brushstrokes For The Budget

Infra Brushstrokes For The Budget

Rediff.com30 Jan 2023

7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.

Aligarh Muslim University Needs Urgent Reforms!

Aligarh Muslim University Needs Urgent Reforms!

Rediff.com7 Mar 2023

Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?

If pay panels can't bring about systemic changes, why have them?

If pay panels can't bring about systemic changes, why have them?

Rediff.com2 Dec 2015

The more market driven the economy becomes, the more its government sector should function in its basics like the rest of the economy.

How the NPS can benefit young investors

How the NPS can benefit young investors

Rediff.com1 Mar 2018

Raising equity exposure to 50 per cent in the National Pension Scheme will benefit young investors, provided they can stomach higher volatility.