The Union cabinet is likely to consider amendments to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 soon and a Bill may be introduced in the upcoming session of Parliament, sourc...

Bharatiya Pensioners Manch (BMS) has sought intervention of Prime Minister Narendra Modi for the release of dearness allowance (DA) and dearness relief (DR) arrears for central government employees an...

Jamshedpur: A BSF officer’s wife committed suicide by hanging herself at their residential flat in posh Sahara City, which falls under Mango police station area at the wee hours of Tuesday. Ide...

The PFRDA has allowed subscribers joining the National Pension System (NPS) after 65 years of age to allocate up to 50 per cent of the funds in equity, besides easing the exit norms. The Pension Fund...

The Centre on Wednesday said the family pension of bank employees would be raised to 30 per cent of the last drawn salary of the deceased.  The spouse or a nominee of the deceased will get a mon...

Sulochana Behera eagerly waits for her old-age pension of Rs 500 every month at her home in Garh Nipania village in Puri district, Odisha. Within hours of receiving the sum, the widowed Sulochana spe...

Larsen & Toubro on Wednesday said it will divest a 100 per cent stake in Singoli-Bhatwari Hydroelectric Project to a subsidiary of Sumant Sinha-led ReNew Power Pvt Ltd for Rs 985 crore. ReNew Pow...

Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, and also in a broader list of stocks, a top official from sector regulator PFRDA said on Tuesday.  The Pe...

Foreign firms can directly or indirectly hold up to a 74 per cent stake in pension funds with the Pension Fund Regulatory and Development Authority (PFRDA) notifying the new revised limit. The Union c...

The Comptroller and Auditor General of India (CAG) has asked the Assam government to review the Compassionate Family Pension (CFP) scheme as it not only defies legal principles but also has put an est...