Last month, the Employees' Provident Fund Organisation had brought down the rate of interest to 8.25 per cent for 2011-12 from 9.5 per cent provided in 2010-11, evoking sharp criticism within and outside Parliament.
Maharashtra cabinet minister Chhagan Bhujbal has demanded a stay on the Kunbi caste certificates issued to Marathas following their latest agitation for reservation and scrapping of the Justice (retired) Sandeep Shinde committee formed over the quota issue.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'It is violation of the Model Code of Conduct.' 'It is a penal offence under the IPC to exert undue influence on voters.' 'Under the election law, it is a corrupt practice.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
When taken at the right time it can prove to be your best friend during old age
San Francisco Employees' Retirement System (SFERS), Brown University and Texas Investment Management have joined the list of global pension, endowment and universities' funds attracted by the Indian stock markets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
Retirement fund manager EPFO has decided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the bribes-for-loans scam.
The Employees Provident Fund Organisation had paid 9.5 per cent interest in 2010-11, before scaling it down to 8.25 per cent in 2011-12 fiscal.
The Supreme Court, examining whether states can sub-classify Scheduled Castes and Scheduled Tribes for grant of quota inside quota, on Wednesday said all SCs and STs may not be homogeneous in terms of their sociological, economic, education and social status.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.
While Team Indus had backing from Nandan Nilekani, Ratan Tata and Flipkart founders Sachin and Binny Bansal, it could not even muster half of the Rs 4.5 billion it required for the mission to the moon.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A look at five equity mutual funds spread across different fund categories which an investor can rely upon as part of her/his equity mutual fund portfolio and are expected to give pretty decent returns over the long run.
Can mutual fund investments generate enough returns for you to reture early? What are the risks associated in mutual fund investments? Here is how to retire early in life and achieve financial freedom.
Finance Ministry had earlier lowered interest rate to 8.7 per cent for 2015-16.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Subscribers of retirement fund manager EPFO, settling their final claims before the new rate is announced for the current fiscal, will get the existing 9.5 per cent interest on their deposits.
Don't take those who throw such magnificent numbers at you seriously! Even if you reach Rs 4 crore it won't be the end of your world.
The West Bengal government is committed towards compensating the losses suffered by chit fund investors in the wake of the Saradha Group's collapse, Chief Minister Mamata Banerjee said on Thursday.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
A step-by-step guide on how to choose the right mutual fund for your investment needs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
EPFO manages a corpus of about Rs 257,000 crore with subscribers' base of over 4.5 crore.
Trade union representatives on Friday said they will strongly oppose the proposal allowing EPFO to park part of its fund in the capital market when the issue comes up for final decision at key advisory body finance and investment committee next week.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
'This action sends out a very nasty message in a very strong way -- that nobody is exempt.' 'It is also an attempt to extend the definition of who is an anti-national, who's a terrorist, a definition that's becoming looser under this regime.' 'The sad part is that by the time the courts acquit those arrested, they would've spent years in jail and been taught a lesson.'
The Employees Provident Fund Organisation is pressing State Bank of India, one of the four retirement fund managers, to comply with a clause that provides for a penalty for keeping money idle for over a day.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Despite the equity booster, many would be uncomfortable about NPS.
During 2019-20, the number of net new subscribers rose to 78.58 lakh as compared to 61.12 lakh in the preceding fiscal.
'The families of those who die during operations are looked after very well by the army, but those who die in non-combat situations do not receive the same attention.'
The Employees Provident Fund Organisation has started looking for options to park 3-5 per cent of its huge corpus of Rs 2.57 lakh crore (Rs 2.57 trillion) of retirement fund in stock markets to earn better returns.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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