'India, US must increase cooperation in financial services sector'

Last Updated: Tuesday, June 16, 2015, 22:59

India's financial services sector offers huge opportunities to US companies and both the nations must increase cooperation in areas, including, infrastructure financing, insurance, pension and corporate bond market, a Ficci report said on Tuesday.

India Inc hails PM's social security initiatives

Last Updated: Saturday, May 9, 2015, 20:45

The schemes are expected to address the issue of very low coverage of life or accident insurance and old age income in the country.

PM to launch 3 mega social security schemes tomorrow

Last Updated: Friday, May 8, 2015, 17:55

After Jan Dhan, Prime Minister Narendra Modi will launch tomorrow three mega social security initiatives -- one pension and two insurance schemes.

EPFO trustees to appoint new fund managers on March 31

Last Updated: Friday, March 20, 2015, 21:11

Retirement fund body EPFO is likely to appoint fund managers for a three-year term starting April 1 at its trustees' meet scheduled on March 31.

Employers, workers may shell out more for EPF contributions

Last Updated: Friday, March 13, 2015, 15:45

Employers as well as formal sector workers may have to shell out more towards Employees' Provident Fund with the government proposing to include all allowances in the wages for deducting PF contribution.

Govt to consider unions' reservations in EPF Act amendments

Last Updated: Wednesday, February 11, 2015, 22:29

Government will consider trade unions' reservations on a proposal that would enable the Centre to reduce or waive off mandatory PF contributions by employees in certain cases.

Parliament passes key Pension Bill after about 10-year delay

Last Updated: Friday, September 6, 2013, 18:22

After a delay of nearly a decade, Parliament on Friday passed a key economic reforms legislation, the Pension Bill, that aims to create a regulator for the sector and allows at least 26 percent FDI.

Hike contribution to ensure Rs 1,000 min pension: EPFO to Govt

Last Updated: Friday, August 9, 2013, 17:10

Retirement fund body EPFO has made a case for increase in government's contribution to its pension scheme EPS-95 to 1.79 percent of basic wages from existing 1.16 percent for ensuring Rs 1,000 per month to pensioners.