Part of the broader National Pension System (NPS), the Atal Pension Yojana (APY) provides pension cover for poor, underprivileged, and unorganised sector workers between 18-40 years who are not income…
Category: Banking And Finance
PFRDA looking to allow workers registered on e-Shram portal to open pension accounts via mobile phone, says Chairman
The Pension Fund Regulatory and Development Authority is looking at technology solutions in order to allow workers from the informal sector, who are registered on the e-Shram portal to open…
Small-cap funds can fall harder than large-caps. How should investors size their bets?
Small-cap funds can offer investors high long-term growth, but the process can be extremely volatile as compared with large-cap or diversified equity funds. So, if you are looking to add…
Finance Minister meets AIIB chief and discusses opportunities to further deepen ties
New Delhi: Finance Minister on Saturday met Asian Infrastructure Investment Bank (AIIB) President Zou Jiay and discussed opportunities to further deepen the India- AIIB partnership. “They discussed opportunities to further…
Can NRI nominees claim financial assets of deceased investors in India? Here’s all you need to know
When an Indian resident holding mutual funds, shares or other financial assets passes away, their nominees act as a custodians of those assets until they are transferred to the legal…
EPFO: 79% of new UANs in FY26 generated by Gen Z employees aged 18-30 years, including 28% women
Employees Provident Fund Organisation (EPFO) enrolment data showed Gen Z comprised 79% of the new Universal Account Numbers (UANs) generated in FY26, a report by workforce solutions and talent infrastructure…
PPF: Investing ₹1.5 lakh/year will accumulate this much corpus till your child turns 18 — Check calculations
The Public Provident Fund (PPF) is a government-backed, long-term savings and scheme with guaranteed returns. A top choice when it comes to future proofing your investments, it can be used…
What happens to your mutual fund units if an AMC shuts down? Franklin Templeton and Morgan Stanley cases offer answers
For investors, an asset management company (AMC) shutting down can raise concerns about the safety and accessibility of their investments. Since the AMC manages the schemes, its insolvency, exit or…
Credit card limit ₹3 lakh, usage ₹50,000: How unused credit can help your credit score and finances
A credit card with a ₹3 lakh limit does not mean that the cardholder should recklessly spend ₹3 lakh. Such a limit requires responsible management. If monthly usage is limited…
8th pay commission: Pension revision, minimum pension, dearness relief, pension commutation—Top 12 demands by pensioners
The 8th central pay commission (8th CPC) in its consultation stage is undertaking state visits and meetings with various employee and pensioner representative groups, unions and stakeholders to gather suggestions…