Pfrda

Delhi govt hikes minimum wages of unorganised sector workers

In a major relief to workers in the unorganised sector in the national capital, the Delhi government today announced an increase in their minimum wages.

FM's steps will make NPS attractive; ball in pension fund authority's court now

While life insurance may not be strictly necessary for those who are not going to leave behind dependants, pension is a must for the non-propertied class

Corporate India welcomes Pension Bill, says FDI to flow in

The Pension Bill has been hanging fire since 2005 when it was first introduced in Parliament. It was reintroduced in 2011. <br /><br />

Govt mulls strengthening Financial Stability Devpt Council: Chidambaram

The FSDC, headed by the Finance Minister, was set up in 2010 to coordinate the work of various financial sector regulators, including RBI, SEBI (capital markets), IRDA (insurance) and PFRDA (pension).

PFRDA disallows private cos to invest in equity MFs, ETF

Tightening its norms for the private sector New Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has disallowed fresh investments in equity mutual funds and ETFs from the corpus.

PFRDA allows subscribers lump sum withdrawal on exit

Stakeholders informed PFRDA that subscribers be given a specific option to defer or time the entire lump sum withdrawal (maximum 60 percent) at the time of exit.

Miffed Yogesh Agarwal quits as PFRDA chief

Following his resignation, the finance ministry has appointed joint secretary Anup Wadhawan as chairman of the PFRDA.

PFRDA chief Yogesh Agarwal steps down after FinMin orders

Parliament passes Pension Bill after 8-year delay

After a delay of nearly a decade, Parliament today 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.

Unification: Sebi, IRDA, PFRDA and FMC to merge

Suggesting far-reaching legislative reforms in the financial sector, a government-appointed panel today said key regulators like SEBI, IRDA, PFRDA and FMC should be merged into a unified financial agency (UFA).