The recent downturn in equity benchmarks has had a significant impact on the annual returns of equity investments in the National Pension System (NPS), which have now decreased to 10.89% as of February 1, based on the latest data from the Pension Fund Regulatory and Development Authority (PFRDA). The decline in benchmarks by over 10% … Read more
National Pension System: This year in the Budget, Finance Minister Nirmala Sitharaman brought in many tax changes in the existing structure that would affect all taxpayers. She brought in major change to the Capital Gains Tax regime affecting all asset classes. On the other hand, the Budget proposed liberalised tax slabs and rates, and hiked … Read more
Sanjeev Sanyal, Member, PMEAC, says “generally speaking, the economy is in good nick. The game really is not whether the numbers are good now and whether or not we can compound it over 25 years if we want to be a developed country. The real issue is not whether we are generating good numbers now. … Read more
Reserve Bank Governor Shaktikanta Das on Monday said lower government borrowings than the market estimates will free more capital for the private sector resulting in easing of inflation and bolstering growth. “This year’s borrowing is lower than what initially the markets had expected. Lower quantum of borrowing means…it would ensure that much more resources will … Read more
A survey by AmbitionBox, a platform for company reviews and salary insights, has revealed that 81% of respondents were happy with the hybrid or remote work model in 2023. A substantial 52% of employees expressed a desire for its continuation in 2024, underscoring a widespread reluctance to return to a conventional 5 or 6-day work … Read more
Mumbai: Fresh capital raised via initial public offerings (IPO) this year has surged to the highest in more than a decade, pointing to the long-awaited revival in capital expenditure by India’s private sector that believes a rapidly expanding economy will soon stretch existing capacities. About half the initial public offerings proceeds of ₹27,435 crore garnered … Read more
Private sector investment in road construction till November this financial year stood at Rs 15,164.25 crore, Parliament was informed on Thursday. In a written reply to the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said private sector investment in road construction in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, … Read more
By Sandeep Bhambure The COVID-19 pandemic has severely disrupted the healthcare sector in India, bringing to light the social inequities within the industry. It has highlighted the urgent need to address these issues in order to stabilize as well as strengthen the overall system and drive the growth in the healthcare sector. This also accelerated … Read more
Haryana’s private job reservation law which provide 75 per cent employment opportunities in private sector for people belonging to the state will come into force from May 1, said Deputy Chief Minister Dushyant Chautala on Friday while inaugurating the newly constructed flyover near village Bandhwadi on the Gurugram-Faridabad road. The deputy CM stated that after … Read more
(This story originally appeared in on Feb 04, 2021) NEW DELHI: Niti Aayog CEO Amitabh Kant says there will be a few PSUs in strategic sectors once the public sector policy is rolled out and the Budget for 2021-22 has sent out a strong message about government‘s reformist zeal. Excerpts: There is a huge thrust … Read more