The Department of Pension and Pensioners’ Welfare (DoP&PW) has outlined how compulsory retirement, dismissal, or removal from government service affects the National Pension System (NPS) corpus for central government employees, a recent office memorandum dated October 11 revealed. The memorandum states that the Central Civil Services (Implementation of NPS) Rules, 2021 govern the matters related
In a recent development, the ECHS (Ex-Servicemen Contributory Health Scheme) has empaneled 40 private hospitals, nursing homes, and diagnostic centres. This decision was made during the 69th Screening Committee Meeting held on May 24, 2024. The Managing Director of ECHS received a formal order outlining the empanelment. This process follows guidelines from the Government of
Motilal Oswal Mutual Fund (MOMF) is managed by Motilal Oswal Asset Management Company (MOAMC), which is promoted by Motilal Oswal Financial Services Limited (MOFSL), a public company listed on both BSE and NSE. MOMF offers a variety of mutual fund schemes designed to help investors grow their wealth through professionally managed portfolios. The fund house
For senior citizens looking for opening a fixed deposit account in the near future, the present moment may represent an advantageous opportunity to proceed as the RBI may go for a rate cut any time soon following the rate reduction by the US Fed. And once this happens, banks will also follow suit. Fixed deposits
Self-employed individuals can opt for tailored term plans that do not require income verification documents such as salary proof or Form 16. These policies now accept alternative income verification methods such as GST filings, credit histories and loan records. Such flexibility allows self-employed people to buy term insurance without the rigid documentation previously required. Also
Momentum funds are increasingly attracting individuals as these funds invest in assets that are already showing strong performance. The appeal of these funds lies in their ability to generate high returns when the market is on an upswing. Momentum investing aims to capitalise on the continuation of existing market trends. The top performing funds such
By Paras Pasricha Saving on motor insurance premium need not necessarily translate to compromising on coverage. You can adopt a few smart ways to lower your motor insurance premium while still ensuring comprehensive coverage for your new car. Avoid opting for bundled deals While it’s both tempting and convenient to walk out of the showroom
EPFO Passbook has been one of the top trends on Google as members of the Employees Provident Fund Organisation (EPFO) search for many information regarding their EPF accounts. Many EPFO subscribers are particularly interested in the steps and processes for checking their PF balances and withdrawing funds. The EPF regularly updates its regulations, including interest
Citi has initiated coverage on Aadhar Housing Finance (AHFL) with a target price of Rs 565, this is an upside of over 42% from the closing price of January 15. The brokerage firm expects that the company will deliver a net profit growth of 22% over FY24-27. It is counting on a 21% compounded growth
Gold and silver prices are something many people keep an eye on, whether they’re buying jewelry, investing, or just curious about market trends. In India, these prices tend to change daily and are influenced by factors like global market movements, the strength of the rupee against the dollar, and demand during festivals and wedding seasons.
Go to Live UpdatesHDFC Bank Share Price Today Live Updates, 22 Jan, 2025: The HDFC Bank share is in news and the counter closed trade on 21 Jan, 2025 at Rs 1641.75. The shares touched intraday high of Rs 1660.45 in the last trading session while the intraday low was at Rs 1632.75. The company’s
Indian markets are likely to open on a higher note on Wednesday, January 22. As per the early trends, GIFT Nifty was trading 22.50 points or 0.10% higher at 23,139.50. This indicates a potentially positive opening for key domestic indices, including the NSE Nifty 50 and BSE Sensex. Sensex and Nifty end in red on
By Madhvendra There’s a company that plays a role in your everyday life, even if you’ve never heard its name. From helping you get a PAN card to enabling smooth digital transactions, it works quietly behind the scenes to power India’s digital infrastructure. In this note, we dive into Protean eGov Technologies—its business model, financial
