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EPFO had paid 8.5 per cent interest rate to subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.
It will be headed by Secretary, Department of Financial Services.
The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports.
In an interview with Ranju Sarkar, the founders of Stellaris Venture Partners -- Ritesh Banglani, Alok Goyal and Rahul Chowdhri -- share discuss their unique founder network and why they are bullish on India.
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
MCX has been struggling to raise funds with a rights issue, ending on Thursday.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
The problem of stressed assets needs to be addressed with effective recovery.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
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