Savings and Investments

Investors Prefer Equity Funds; Net Outflows In Gold ETFs For Second Straight Month

Investors Prefer Equity Funds; Net Outflows In Gold ETFs For Second Straight Month

Press Trust of India | Sunday March 20, 2022, New Delhi

Gold exchange-traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows.

Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation

Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation

Reported by Himanshu Shekhar Mishra, Edited by Animesh Singh | Saturday March 12, 2022

Employees' provident fund interest rate for 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent

EPFO Adds 14.6 Lakh Subscribers In December 2021

EPFO Adds 14.6 Lakh Subscribers In December 2021

Edited by Animesh Singh | Sunday February 20, 2022, New Delhi

EPFO added 14.6 lakh subscribers on a net basis in December 2021, an increase of 16.4 per cent compared to corresponding period of last year

EPFO Board To Decide Interest Rate On Deposits For 2021-22 Next Month

EPFO Board To Decide Interest Rate On Deposits For 2021-22 Next Month

Edited by Animesh Singh | Sunday February 13, 2022, New Delhi

EPFO's board of trustees will decide the interest rate on employees' provident fund deposits for 2021-22 in its meeting scheduled for next month

Budget 2022: Government's NPS Move To Benefit State Employees, Says PFRDA

Budget 2022: Government's NPS Move To Benefit State Employees, Says PFRDA

Press Trust of India | Wednesday February 02, 2022, New Delhi

PFRDA chairman Supratim Bandyopadhyay has lauded announcement of hiking tax deduction limit to 14 per cent for state government employees under NPS

EPFO Subscribers Get More Time To Complete E-Nomination Process. Details Here.

EPFO Subscribers Get More Time To Complete E-Nomination Process. Details Here.

Edited by Animesh Singh | Sunday January 09, 2022

Employees' Provident Fund Organisation (EPFO) has extended the last date for completing the e-nomination process for its subscribers

IIFL Finance Offers Gold Loan At Interest Rate Of 0.54% Per Month

IIFL Finance Offers Gold Loan At Interest Rate Of 0.54% Per Month

Edited by Nikita Prasad | Wednesday January 05, 2022

IIFL Gold Loan offers longer tenure which extends up to 24 months, allowing customers to manage cash flow better.

Interest Rates On Small Savings Schemes To Remain Unchanged Till March 31, 2022

Interest Rates On Small Savings Schemes To Remain Unchanged Till March 31, 2022

Press Trust of India | Friday December 31, 2021, New Delhi

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well.

SEBI Tightens Norms For Usage Of IPO Proceeds

SEBI Tightens Norms For Usage Of IPO Proceeds

Edited by Animesh Singh | Tuesday December 28, 2021, Mumbai

Securities and Exchange Board of India has approved tightening of rules for usage of proceeds from initial public offers

SEBI Issues Framework For Advisory, Portfolio Management Services

SEBI Issues Framework For Advisory, Portfolio Management Services

Edited by Animesh Singh | Tuesday December 21, 2021, New Delhi

SEBI has come out with a framework related to the fees for investment advisory services for accredited investors

National Pension System Generated Good Returns, Says PF Body Chairman

National Pension System Generated Good Returns, Says PF Body Chairman

Press Trust of India | Monday December 06, 2021

Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay.

ICICI Prudential Life Insurance Launches New Savings Product: Check Features

ICICI Prudential Life Insurance Launches New Savings Product: Check Features

Edited by Nikita Prasad | Thursday December 02, 2021

Customers have the flexibility to select the premium payment term of either sevenor 10 years and based on their needs can opt to receive income for a period of 15, 20, 25, or 30 years.

Bharat Bond ETF Third Tranche To Be Launched On December 3

Bharat Bond ETF Third Tranche To Be Launched On December 3

Edited by Animesh Singh | Thursday December 02, 2021

Bharat Bond exchange traded funds' third tranche will be launched on December 3 with the aim of raising Rs 5,000 crore

EPFO Starts Crediting Interest To Provident Fund Accounts: Here's How To Check

EPFO Starts Crediting Interest To Provident Fund Accounts: Here's How To Check

Edited by Prashun Talukdar | Friday November 26, 2021

Employees' Provident Fund Organisation (EPFO) has started crediting interest to more than 25 crore provident fund accounts earlier this month.

How To Invest In Government Securities With New Digital Platform 'Bondskart'

How To Invest In Government Securities With New Digital Platform 'Bondskart'

Edited by Nikita Prasad (With inputs from Agencies) | Wednesday November 24, 2021

Bondskart.com will be a potent alternative route for investing in bonds and will provideinvestment options - a move that will help investors tomake informeddecisions.