PFRDA, India's new pension regulator, has introduced New Pension System will help working Indians lead a dignified retired life.
Insurance firms have designed amazing retirment plans to lure more customers.
The pensioners have been agitating for last 18 years
Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the BSE. Adani Enterprises fell almost 20 per cent to below the offer price of its secondary sale as all the seven listed companies of the conglomerate took a beating in the aftermath of Hindenberg Reserach alleged that the group was "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
Employee integration and branch rationalisation are major challenges.
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
The move is likely to help 4.59 lakh housing units across the country.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
UTI, SBI, Reliance MF promote SIPs with low threshold. However, there are several hurdles. Mutual fund investments require the investor to have a PAN -- a big deterrent when it comes to tapping small and marginal investors. A big fear is that given the fickle nature of the stock market, rural investors might easily get scared when there is a downturn in the market.
'There is no question of diverting funds. This government is pro-poor, pro-worker and pro-progressive.'
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
Nikunj Saraf, Vice President Choice Wealth, answers your queries
The return from the ETF investment will be more than the 8.75 per cent the EPFO offers to subscribers now.
rediffGURU Samkit Maniar answers readers' personal income tax queries
Reliance Capital Asset Management Company (RCAM) and ICICI Securities Primary Dealership have been selected to manage Rs 60,000 crore (Rs 600 billion) provident fund corpus of coal industry workers.
The draft scheme, seen by PTI, said it will provide an option and a respectable exit route to employees who have reached a level of saturation in their career, may not be at the peak of their performance, have some personal issue or want to pursue their professional or personal life outside the bank.
rediffGURU Sunil Lala answers your MF-related queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'EPFO's investments this financial year should be Rs 1 lakh crore'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Overall, the MF industry saw nearly Rs 5 trillion, or 18 per cent, of asset erosion in March, with the asset base shrinking to Rs 22.26 trillion from Rs 27.22 trillion at February-end.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live by July-end. Sahmati, an industry alliance for the AA ecosystem, has been working with PSU banks to get them onboarded for quite some time now. So far, Union Bank of India and Punjab National Bank (PNB) have gone live on the AA ecosystem. While Union Bank has been live for a while, PNB went live earlier this month.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Only NIIF has stayed the course as a viable infrastructure financing institution.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
EPFO is also contemplating providing permanent or universal account number to it all active members by October this year.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
