PFRDA logs 23% growth in subscriber base under NPS, Atal Pension Yojana

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Pension Fund Regulatory and Development Authority of India (PFRDA) has registered 23 per cent growth in its subscriber base under the flagship NPS and APY schemes to over 4.24 crore by end of March 31, 2021, the regulator said on Thursday. The last year was an extremely challenging year because of COVID-19 restrictions, but still … Read more

Railway Board objects to Comptroller and Auditor General’s ‘Window Dressing’ view

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NEW DELHI: The Railway Board has asked the Comptroller and Auditor General (CAG) to drop the phrase “window dressing” from its assessment of Indian Railways’ accounts for FY19. The audit, presented in parliament last week, said the net surplus of Rs 3,773.86 crore reported by Indian Railways would have been a negative balance of Rs … Read more

View: The IPO rush in the US illustrates the capital opportunity India is wasting

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By failing to take advantage of the surfeit of global capital scouring the world for profitable deployment, the government fails the people of India, in desperate need of growth, incomes and jobs. Synopsis There is an IPO fever raging in the US, apart from Covid-19. It shows that there is a mass of capital out … Read more