Those who get less than Rs 1,000 a month include 22 lakh (2.2 million) member pensioners and 5 lakh widows as on March 31, 2013.
Tamil Nadu's unending legislative fight for exemption from NEET has now flagged the question if it's time to review the Supreme Court's famous verdict in the 'Mandal case', fixing 50-per cent upper-limit for all reservations, asks N Sathiya Moorthy.
Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.
With election campaign ending in Tamil Nadu before it goes to polls on Thursday, N Sathiya Moorthy lists a few questions uppermost in the minds of voters.
Get your lowdown on what's going on in the world of Hollywood, right here.
Employees' Provident Fund Organisation has been allowing members to contribute more than mandatory amount towards their pension account.
If not for Palaniswami, it is hard to guess if the AIADMK would have been able to garner 33.3 per cent vote share as against the DMK's 37.7 per cent. AIADMK won 66 seats, its allies Pattali Makkal Katchi and Bharatiya Janata Party five and four seats respectively and proved yet again that the western region was its fortress.
'The symbol will come to EPS camp... there is no doubt about it.'
A lot of AIDS vaccine research is going on, but it is hard to say when it will be available, says Mark Feinberg, president and CEO of the International AIDS Vaccine Initiative.
The Sensex is likely to scale 24,000 mark by December-end on receding chances of a fractured verdict in the upcoming Lok Sabha elections, lower inflation and improving global risk appetite, German brokerage Deutsche Securities said on Tuesday.
The Nifty Index features 50 of the largest companies in the country and represents close to 50 per cent of total market capitalisation. It is now trading at valuations that could only be justified if India Inc grows earnings at better than thrice the GDP growth rate. This is extremely unlikely, says Devangshu Datta.
The big question is: Will her release be a threat to Chief Minister Edappadi K Palaniswami? The answer is, while it may give him moments of nervousness, he will not be replaced, say political experts. T E Narasimhan reports.
The most commonly used valuation metric by investors is the price to earnings ratio or commonly referred to as the P/E ratio. Though commonly used, it is also misunderstood for various reasons. Here is an attempt to simplify this valuation metric.
'We all live very intense lives. S*** goes down all the time.' 'This 'eureka moment' doesn't really happen.' 'The discipline of writing and polishing a song is way harder,' Prateek Kuhad, the singing sensation, tells Veer Arjun Singh.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
Should you expect 15 per cent return over a period of 20 years? Dwaipayan Bose has the answer
R Rajagopalan predicts that Tamil Nadu won't have single party rule for the first time in its history.
A formal sector worker can contribute towards pension scheme till the age of 58.
A man opened fire on her when she was signing autographs after a concert in Orlando. The 22-year-old singer died in a local hospital.
With DMK's M K Stalin coming into his own, and the rival AIADMK too leaving no space for third parties, Tamil Nadu will remain a Dravidian stronghold for a long time, says N Sathiya Moorthy.
'Of equal importance was the AIADMK's precarious assembly membership, what with 11 of its MLAs including deputy chief minister OPS facing court cases for disqualification and by-elections due in another 21. To shore up the party's numbers for anticipated eventuality on the 11-MLAs' front, the AIADMK leadership in general and chief minister EPS in particular, were even more focussed on assembly seats than LS seats, just now,' says N Sathiya Moorthy.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
On various occasions, the leaders of the two faction have maintained that they no longer have differences.
Brokerage firm Ambit Capital has cut FY17 growth estimate to 3.5 per cent from 6.8 per cent and saaid there was even a possibility of growth contracting during the December quarter
The EPFO is now developing a software that will help show retirement savings in cash and ETFs components separately. At present the account only shows the savings as gross cash component.
The overall breadth ended weak with 1,566 losers and 1,560 gainers on the BSE.
'The last four years was not Dravidian rule, it was BJP rule by proxy.'
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
'It is not going to be a fight between the AIADMK and the DMK; that fight is over.' 'The fight is going to be between the BJP's attempt to finish the Dravidian era and the DMK and the others trying to prevent the BJP from doing so.'
The RK Nagar bypoll result is a danger signal to the AIADMK government in Tamil Nadu, says R Rajagopalan.
The S&P BSE Sensex has rallied about 28 per cent in 2014, after formation of a stable government at the Centre.
Reliance Industries (RIL), India's largest private sector company, is finalising a new alliance with engineering and project management partner Bechtel Corporation, as it prepares to enter the power sector.
An expert group has called for carving out two separate accounts -- PF and annuity -- in the employee provident fund scheme to meet the challenge of fund depletion in the pension scheme and introducing greater transparency for subscribers.
A fundamental analyst pegs a PE as "high", "low", or "fair-value", depending on EPS projections. Fair-value is a subjective calculation, based on earnings expectations and interest rates (the benchmark of risk-free returns). The theory is that PE will correct from the high or low end to fair-value.
App-based taxi aggregator Ola is in talks to raise fresh funding of up to $400 million.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?