During the Ministry of External Affairs briefing on Canadian PM Mark Carney's official visit to India, Secretary (East) P Kumaran stated that both countries are working together on clean energy, including nuclear fuel supplies, small modular reactors, and advanced conventional reactors. K
Prime Minister Narendra Modi on Monday hailed the growth of ties with Canada under the leadership of Prime Minister Mark J Carney and said that the two countries aim to further deepen their economic cooperation with the goal to touch USD 50 billion in trade by 2030. In this regard he furt
The future of Indian gold demand will be driven by institutions such as pension and insurance funds, that increasingly embed the asset within their portfolios, according to David Tait, CEO of the World Gold Council. Speaking at the News18 India Rising Bharat Summit 2026, Tait stated that whi
As per the MEA release, Carney will arrive in Mumbai on February 27. Over the next two days, he will participate in separate business engagements, interact with Indian and Canadian CEOs, industry and financial experts, innovators, educators, and Canadian Pension Funds based in India.
Pension Fund Regulatory and Development Authority (PFRDA) Chairperson Sivasubramanian Ramann has referred ICICI Pension Fund's Swasthya Equity Plus (SEP) as an experiment under the National Pension Scheme's regulatory sandbox. He compared the NPS SEP with Aayushman Bharat and said that they
Union Finance Minister Nirmala Sitharaman held a meeting with Norway's Finance Minister Jens Stoltenberg in Oslo and discussed strengthening bilateral economic cooperation, with both sides agreeing to leverage the Trade and Economic Partnership Agreement (TEPA), especially in the domains of
Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
New Delhi [India], January 17: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/ "Company"), has launched the Axis Max Life BSE 500 Value 50 Index Pension Fund , a passively managed equity-oriented fund. Available through the Axis Max Li
In a major move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS). This move
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
The pension industry has requested the government to restore the additional Rs 50,000 tax benefit for the National Pension System (NPS) under the new tax regime in the upcoming Union Budget as the incentives are critical to widen coverage beyond salaried Indians, Axis Pension Fund CEO and