Business  /  Published 13.09.21

Tweak in pension Act

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...
By PTI in New Delhi

India  /  Published 12.09.21

DA: Pensioners seek PM help

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...
By Our Bureau, PTI in New Delhi

Jharkhand  /  Published 31.08.21

State digest: JBVNL snaps power supply to HEC

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...
By Our Bureau

Business  /  Published 30.08.21

50 per cent equity in senior pension

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...
By PTI in New Delhi

Business  /  Published 26.08.21

Big rise in bank family pension pay

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...
By Our Special Correspondent in New Delhi


India  /  Published 23.08.21

Minister refuses to raise paltry pension

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...
By Basant Kumar Mohanty in New Delhi

Business  /  Published 12.08.21

L&T sells hydro project

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...
By Our Special Correspondent in New Delhi

Business  /  Published 21.07.21

Pension funds to invest in IPOs

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...
By PTI in Mumbai

Business  /  Published 19.07.21

Pension FDI at 74%

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...
By R. Suryamurthy in New Delhi

North East  /  Published 18.07.21

Pension: CAG pulls up Assam govt

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...
By Our Bureau, PTI in Guwahati


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