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Over 23 lakh govt employees under NPS get option to choose unified pension scheme
Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to…
PTI
Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work
The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
Trump and Biden agree: The US should finally start a sovereign wealth fund
Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…
Lakshmi Varanasi,Katie Balevic
Budget 2024: Here's what India's elderlies want
If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror
Dan DeFrancesco
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
Total corpus under pension funds crosses Rs 11 lakh cr: PFRDA Chairman
The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty on Friday sai…
PTI
My retired father uses his pension to pay for my basic needs because I can't find a job. I'm worried I'm ruining his retirement.
When this recent college grad couldn't find a job, she turned to her father for help. He gives her …
Patience Tinotenda Mutsetse
The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1
Canada's biggest pension fund sold a stake in a New York office it had plans to redevelop for a buc…
Phil Rosen
A comprehensive guide to retirement planning in India: Secure your future
Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…
Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics
Blackstone's Jon Gray said the private-equity giant plans to launch two new funds for wealthy indiv…
Alex Nicoll
'SpiceJet didn't deposit money into pension funds for months'
India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …
I ask men if they have a pension plan before I seriously date them. It's not because I care how much money they have.
As a single mom who has secured her own finances, she is only interested in dating men who have don…
Nicola Prentis
Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker
Tesla has clashed with Nordic trade unionists in recent months, with its Swedish mechanics on strik…