A big challenge to EPFO returns

There is widening gap between what the government’s premier retirement fund makes on its investments and what it offers to employees. Illustration: Dominic Xavier/Rediff.com The......

PMS players breach threshold, set to have non-EPFO assets of over Rs 10 trn

When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Illustration: Dominic......

Fresh formal hiring at seven-month high in April, shows EPFO data

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly......

EPFO to pay 8.5% interest for FY20 in two instalments

The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments. Illustration: Uttam Ghosh/Rediff.com The Employees’ Provident Fund......