Money

The Department of Pension and Pensioners’ Welfare (DoPPW) has issued important guidelines to ensure that government employees nearing retirement receive their pensions and gratuities without delay. According to the new instructions dated October 25, 2024, timely processing is essential, starting from the preparation of retirement lists to the issuance of the Pension Payment Order (PPO).

The Department of Pension and Pensioners’ Welfare (DoPPW) has announced a major update on the payment of arrears to central government pensioners. The department in a memorandum said that the payment of arrears for the Dearness Relief (DR) will not occur before the pension disbursement scheduled for October 2024. The Centre earlier this month announced

The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a memorandum clarifying the payment of the General Provident Fund (GPF) to retiring government employees. This follows inquiries about whether interest is payable on delayed GPF payments after retirement. “Recently few references regarding interest on delayed payment of GPF to the retired Government have been

Motilal Oswal Mutual Fund (MOMF) has launched four index funds — ‘Motilal Oswal Nifty MidSmall Healthcare Index Fund’, ‘Motilal Oswal Nifty MidSmall IT and Telecom Index Fund’, ‘Motilal Oswal Nifty MidSmall India Consumption Index Fund’, and ‘Motilal Oswal Nifty MidSmall Financial Services Index Fund’. The four NFOs by Motilal Oswal Mutual Fund opened for subscription

Happy Diwali 2024: Diwali is a time for celebration, family gatherings, and, who can forget, the usual overspending. While it’s tempting to indulge in festive shopping and lavish celebrations, it’s essential to manage your budget to avoid post-festival financial stress. Here are some effective tips to help you control your spending during Diwali while still

By Manas Kumar Chaudhuri & Pranjal Prateek The Unified Payments Interface (UPI) has transformed how day-to-day money transactions take place in India, primarily driven by the enabling digital payments ecosystem that has allowed private players/ enterprises to invest, innovate, and thrive by utilizing the digital infrastructure built on the UPI rails. UPI’s open architecture has

Sectoral mutual funds have yielded great returns to investors. If you are also thinking of investing in sectoral mutual funds, here are some funds that have performed well in the last 5 years. But you should always remember that the past performance of any fund doesn’t guarantee future returns. What is sectoral fund? Sectoral funds

Managing healthcare expenses can be challenging when it comes to maintaining overall financial well-being. Doctor visits, prescriptions, and OPD expenses are unscheduled and cannot be planned for, as one does in case of hospitalisation expenses. Whereas the expenditure towards a scheduled surgery or an emergency can be estimated and prepared for, OPD can arrive anytime;