New Delhi, April 30 (IANS) India’s asset under management grew 17 per cent in 2025 — ahead of the Asia-Pacific average of 12 per cent, a new report has said.Global assets under management crossed $147 trillion in 2025, up 11 per cent year-on-year, driven predominantly by market performance, the report from BCG said.In the Asia-Pacific, retail business grew at 15 per cent, outpacing institutional growth of 9 per cent, reflecting a structural shift in how individuals engage with financial mark…
Latest pension News & Updates
Kolkata, March 20 (IANS) The Trinamool Congress, on Friday, released its election manifesto for the forthcoming two-phase Assembly polls in West Bengal with 10-point promises. The first promise was regarding the Laxmir Bhandar, the monthly dole scheme for the women in West Bengal. The manifesto promised the monthly amount to be enhanced to Rs 1,500 for women under general categories and to Rs 1,700 for women under reserved categories if the Trinamool Congress comes back to power for the fourth c…
Mumbai, March 6 (IANS) Maharashtra’s outgo towards salaries, pension and interest payment during 2025-26 will be a record Rs 3,12,556 crore, which will be more than 50 per cent of the revenue expenditure of Rs 6,06,855 crore. The revenue receipts are estimated at Rs 5,60,964 crore, officials said on Thursday.According to the Economic Survey for 2025-26, the Maharashtra government’s spending on salaries is Rs 1,72,760 crore (28.5 per cent of total revenue expenditure) against Rs 1,46, 037 crore (…
Chennai, Jan 4 (IANS) Former Union Finance Minister and Congress leader P. Chidambaram has said that the newly announced Tamil Nadu Assured Pension Scheme (TAPS) would place additional pressure on the State’s finances but can still be implemented successfully if backed by strong and disciplined financial management. Responding to criticism surrounding the scheme, Chidambaram shared his views in a post on X, stressing that fiscal prudence and improved revenue mobilisation would be crucial to su…
Retirement planning is crucial, especially for Indian immigrants in Canada who may not be familiar with the country’s pension system.…