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EPFO may announce interest on PF for 2014-15 next month

EPFO may announce interest on PF for 2014-15 next month

Last Updated: Tuesday, July 22, 2014, 23:03

Retirement fund body EPFO may take a decision on rate of interest on PF deposits to be provided for current fiscal to its over 5 crore subscribers, in its trustees meet scheduled next month.

Claimants of dormant A/c to get 4% return

Claimants of dormant A/c to get 4% return

Last Updated: Tuesday, July 22, 2014, 16:17

The Reserve Bank has established the Depositor Education and Awareness Fund (DEAF) to create awareness about such dormant accounts.

PFRDA frames regulation for NPS Trust, Pension Fund managers

PFRDA frames regulation for NPS Trust, Pension Fund managers

Last Updated: Tuesday, July 22, 2014, 15:43

PFRDA has framed regulation for two key operative arms - NPS Trust and Pension Fund managers - for expansion and deepening of the sector.

EPFO to provide UAN to contributing members initially

EPFO to provide UAN to contributing members initially

Last Updated: Monday, July 21, 2014, 22:33

Retirement fund body EPFO has decided to work in mission mode to provide portable Universal Account Number to contributing members initially and seed it with KYCs like Aadhaar and PAN to make it more secure.

Improving BSNL''s functioning a priority: Centre

Improving BSNL''s functioning a priority: Centre

Last Updated: Monday, July 21, 2014, 15:03

The central government Monday said the condition of telecom PSU BSNL "was not very healthy" and it was giving priority to improve its functioning.

Modi reviews functioning of Prime Minister`s National Relief Fund, suggests qualitative changes

Last Updated: Saturday, July 19, 2014, 15:47

Prime Minister Narendra Modi, on Saturday reviewed the functioning of the Prime Minister`s National Relief Fund and suggested several qualititative changes in the way the fund is managed.

Managing of PM Relief Fund to be modelled on Gujarat scheme

Last Updated: Saturday, July 19, 2014, 15:07

Major changes are in the offing in the way the PM`s National Relief Fund is managed as Prime Minister Narendra Modi today directed that the Gujarat model should be emulated in selection of beneficiaries.

HRD Minister Smriti Irani appeals UP govt to pay attention to women security

Last Updated: Saturday, July 19, 2014, 13:40

Human and Resource Development Minister Smriti Irani on Saturday said that the law needs to be implemented more forcefully in Uttar Pradesh.

Muthoot Fincorp raises Rs 200 crore from NCD issue

Last Updated: Friday, July 18, 2014, 20:52

The issue which opened for subscription on July 3 was fully subscribed two weeks in advance of the original closing date of August 4, the company said in a release issued here today.

IMF says Ukraine economy to shrink 6.5% instead of 5% in 2014

Last Updated: Friday, July 18, 2014, 14:18

The International Monetary Fund said on Friday it expected Ukraine`s economy to shrink by 6.5 percent in 2014 instead of the 5.0 percent it forecast earlier this year because of the escalating eastern uprising.

HDFC Fund raises $250 million for realty investments

Last Updated: Friday, July 18, 2014, 11:25

HDFC Property Fund, a part of financial sector conglomerate HDFC group, Friday said it has raised USD 250 million (over Rs 1,500 crore) for investing in residential property in major cities across India.

Sundaram Mutual gets SEBI nod to launch nine new fund offers

Last Updated: Thursday, July 17, 2014, 20:16

Sundaram Mutual, a wholly-owned subsidiary of Sundaram Finance, on Thursday said it has received market regulator Sebi's nod to launch nine new fund offers and six of these may be rolled out this fiscal.