To cater to the increasing number of Indian students pursuing education overseas, Gradding, a prominent foreign education consultancy in India, is developing a portfolio of Purpose Built Student Accommodation (PBSA) globally. These affordable options have been tailor made to the specific needs of Indian students, giving them a suitable place to live, interact, and evolve.
The National Pension System (NPS) is a government-sponsored retirement savings scheme aimed at ensuring a stable income after retirement. The scheme offers long-term investment opportunities and also offers tax benefits. NPS was launched in 2004 for government employees, which was later made available to all Indian citizens aged 18-60 years. How to make NPS payment
Gurugram-based realty major Central Park has chalked out a mega expansion plan to strengthen its footprint in both the residential and commercial segments, as well as make a foray into new property markets, including Goa and Rajasthan. “At present, our company is focused on solidifying its position as a leader in the luxury real estate
The Department of Pension has issued new guidelines, outlining how pensioners and family pensioners living abroad can submit their Annual Life Certificate. Annual Life Certificate submission is important for every pensioner to ensure the continuation of their pension. Take a look at these 5 methods available for pensioners residing outside India to submit their life
We all know that inflation can eat away the value of your money and make everything more expensive. Right now, India is witnessing high inflation, and the Reserve Bank of India (RBI) is working to get inflation numbers down because it’s a big concern for everyone.Should inflation remain elevated, your existing expenses may nearly double.
An examination of 25 multi-asset funds has shown they have surpassed the performance of most general equity schemes over one, three, and five-year periods. These funds are distinguished by their ability to generate competitive returns across various asset classes, offering a diversified investment strategy that is often absent in single-asset equity funds, as per a
The Department of Pension and Pensioners’ Welfare (DoPPW) has recently issued new instructions regarding the process for changing a spouse’s name or surname after retirement. This guidance, detailed in an office memorandum dated October 24, 2024, clarifies the procedures for pensioners. According to the CCS (Pension) Rules of 2021 and 1972, there isn’t a specific
Shriram Mutual Funds, operated by Shriram Asset Management Company, has launched a New Fund Offer (NFO). The NFO, Shriram Liquid Fund, is an open-ended liquid scheme. The NFO, which opened today, will close on 8th November 2024. This liquid scheme comes with a relatively low-interest rate risk and moderate credit risk. The fund offers investors
All mutual fund investors investing in equity have this primary goal of achieving high returns. However, there are lots of investors who enter the mutual fund space with one equally important objective, i.e. tax saving. Investors who park their money in ELSS (Equity Linked Saving Scheme) mutual funds are allowed to avail of tax deduction
The family feud between real estate moguls Abhishek Lodha and Abhinandan Lodha continued to escalate over the ‘Lodha’ trademark dispute, with the most recent development being Abhishek Lodha’s Macrotech Developers filing a Rs 5,000 crore lawsuit against the younger brother’s firm, the House of Abhinandan Lodha (HoABL). The brand infringement lawsuit, filed on January 20
Key renewable power play IREDA board has approved raising Rs 5000 crore through a QIP or qualified institutions placement in one or more tranches. The filing at the exchanges specified that the board has decided that fund raising is subject to shareholder approval and Govt shareholding will not decirease more than 7% of the company’s
Infosys has announced its plans to strengthen its strategic partnership with Telangana government with the expansion of Infosys’ IT campus at Pocharam in Hyderabad. This will create an additional 17,000 jobs in the Pocharam campus, where Infosys already employs over 35,000 people, making it one of their largest campuses in the country, stated a report
The benchmark equity indices ended Thursday’s trading session in positive territory. The NSE Nifty 50 advanced 60.90 points or 0.26% to settle at 23,216.25, while the BSE Sensex rose 115.39 points or 0.15% to end the day at 76,520.38. Underperforming the overall markets, the banking index, Nifty Bank closed the session 130 points or 0.27%
