India's aspiration to become one of the largest and fastest-growing economies in the world depends on how effectively it channels household savings into productive assets, according to a report by Elara Securities.
Speaking to reporters, he stated that pensions should ideally be released by the 15th of every month, adding that HRTC needs to rationalise its workforce, especially at the officer level, to control expenditures.
Ahead of Diwali, Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu on Wednesday announced the release of a 3 per cent Dearness Allowance (DA) for employees and pensioners, to be credited with their October salaries and pensions.
"The board will discuss the action against Assistant Engineer K Sunil Kumar. Measures against retired officials will be decided after detailed discussions. Pension benefits can be withheld only if the court convicts them. The missing documents in Smart Creations will be investigated. The
These documents include, "Aadhaar Card; MNREGA Job Card; Passbooks with photograph issued by Bank/Post Office; Health Insurance Smart Card issued under the scheme of Ministry of Labour/ Ayushman Bharat Health Card; Driving License; PAN Card; Smart Card issued by RGI under NPR; Indian Pass
Gujarat Chief Minister Bhupendra Patel has approved an increase in the Dearness Allowance (DA) for the state government employees receiving benefits under the Sixth and Seventh Pay Commissions, in line with the Central Government's standards, effective from July 1, 2025.
The Assam Cabinet approved the introduction of the Unified Pension Scheme (UPS) as an option under the National Pension System for the employees of the Government of Assam who come under NPS on Monday.
Speaking to the media, Raj Kumar Sharma, State Secretary of the HPTDC Employees Federation, stated that the protest aimed to draw attention to the ongoing financial distress faced by tourism corporation employees due to delays in salary disbursements.
In a special initiative aimed at strengthening social security for the informal workforce, PFRDA jointly launched National Pension System (NPS) for Goa's driver community with GoaMiles and HDFC Pension Fund (PoP), in the presence of the Transport Minister of Goa, Mauvin Godinho, said the
The National Pension System (NPS) has received strong support from industry experts, who said that the reforms introduced by the Pension Fund Regulatory and Development Authority (PFRDA) are progressive and will help expand the reach of retirement savings in India.
India's National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning tool, delivering over 13 per cent average annual returns in its equity schemes since inception, Finance Minister Nirmala Sitharaman said while addressing the NPS Diwas conference on
Emphasising the significance of financial security for senior citizens, Chief Economic Advisor V Anantha Nageswaran has stressed that long-term savings will be essential to maintain living standards as the country's elderly population grows in the coming decades.