Guwahati, July 7 (IANS) The BRICS nations on Tuesday adopted the Guwahati Declaration, reaffirming their commitment to strengthen cooperation in combating illicit drug trafficking and transnational organised crime, with a strong focus on real-time intelligence sharing, digital technologies and coordinated law enforcement, officials said. According to an official statement, the declaration was adopted at the conclusion of the two-day BRICS Heads of Anti-Drug Agencies Meeting held in Guwahati unde…
Latest NPS News & Updates
New Delhi, July 7 (IANS) The Union government has extended two additional investment choices, which include the Aggressive Life Cycle Fund (LC-75) and the Balanced Life Cycle Fund (BLC), to employees of Central Autonomous Bodies covered under the National Pension Scheme (NPS), according to a Finance Ministry statement issued on Tuesday. Earlier, these additional investment choices were available only to Central government employees covered under NPS.These investment options have now been extende…
New Delhi, June 30 (IANS) Chief Economic Advisor (CEA) V. Anantha Nageswaran said on Tuesday that a deep and well-governed pension pool can contribute to the creation of a Viksit Bharat by supporting growth-oriented investments while ensuring liability-aware returns for subscribers.Addressing an event organised by Pension Fund Regulatory and Development Authority (PFRDA), he said that pension funds can play a vital role in building infrastructure and supporting India’s Viksit Bharat at 2047 jour…
New Delhi, May 24 (IANS) The recent weakness in the Indian rupee may be driven less by rising oil prices or concerns around the current account deficit and more by relentless domestic equity inflows through systematic investment plans (SIPs), according to a report by Jefferies.In a note titled “INR Pressure – The Downside of SIPs,” the brokerage said sustained foreign selling in Indian equities, coupled with strong domestic liquidity, has become a major factor weighing on the rupee.Jefferi…
Bengaluru, March 27 (IANS) Deputy Chief Minister and Karnataka Congress President, D.K. Shivakumar, on Friday said that Christian educational institutions have made immense contributions to the growth of education in the country and the state, producing several leaders over the years.He was speaking at the College Day celebration organised by Jyoti Nivas Educational Institution in Bengaluru.“Jyoti Nivas has rendered excellent service for 60 years. I have met many of its students in different c…
New Delhi, Jan 25 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a committee of investment experts for Strategic Asset Allocation and Risk Governance (SAARG) to review, recommend and modernise the investment framework under the National Pension Scheme (NPS), it was announced on Sunday.According to Finance Ministry, the panel has been tasked with undertaking a comprehensive review of the existing NPS investment guidelines, benchmarking them with leading globa…
New Delhi, Dec 29 (IANS) Retirement planning has been ranked as Indians’ first financial priority even as actual preparedness or a plan in place collapsed to 37 per cent from 67 per cent in 2023, a report said on Monday.The report from PGIM India Mutual Fund said that retirement took the first spot, climbing from eighth place as lifestyle and entrepreneurial goals overshadow family-centric concerns.The shift reflects a broader change in financial planning from fear‑driven security to aspirat…