March 23, 2023 12:55 PM IST

Kiran Mazumdar-Shaw to retire from Infosys Board

The Infosys Board has appointed D Sundaram as the Lead Independent Director, effective immediately based on the recommendation of the Nomination and Remuneration Committee.

Select central govt employees get one-time option to opt for old pension scheme

The National Movement for Old Pension Scheme (NMOPS), an umbrella body of more than 14 lakh central and state government employees, has welcomed the government decision.

Congress leader Suresh Routray announces retirement from electoral politics

Replying to a question, Routray said that he was a loyal Congress worker for the past 55 years and had no intention to change party affiliation in future.

Economic Survey 2023: Women make up 44% of voluntary APY subscribers

Economic Survey 2023: As of August 2022, 44.8 percent of APY subscribers were between 18 and 25 years of age, as compared to 29.3 percent in March 2016.

Budget 2023 should hike additional NPS deduction from Rs 50,000 to Rs 1 lakh: Kurian Jose, CEO, Tata Pension Management

National Pension Scheme’s newest fund manager, Tata Pension Management’s CEO Kurian Jose, has a challenge ahead of him, what with a crowded space with nine other competitors and a product that is yet to hit the popularity levels it deserves.

Gareth Bale announces retirement from football

Bale, who made a record 111 appearances for Wales, led his country from the international football wilderness to two European Championships -- reaching the semi-finals of Euro 2016 -- and a first World Cup since 1958.

I have not given up on T20 format, will see after IPL: Rohit Sharma

Rohit, along with another former skipper Virat Kohli and recently sacked vice-captain KL Rahul, are currently not a part of the shortest format.

Minimum assured return NPS plan for risk-averse investors on the cards: PFRDA chief

Citizen and corporate models to grow fastest going forward; approval for minimum assured return scheme expected soon, says PFRDA chief Supratim Bandyopadhyay

NLC India Ltd CMD Rakesh Kumar retires

The Tamil Nadu-based Navratna company, in a BSE filing, said its Director Planning and Projects K Mohan Reddy has been entrusted the additional charge of the post of CMD for a period of three months by the Ministry of Coal with immediate effect.

Retirees are one reason the Fed has given up on a big worker rebound

Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.

SC permits pension contributions on higher salary. What’s in store for employers and employees?

While higher pension contributions would mean higher pensions for the employees, they should keep their current age, stage of employment, risk appetite, health condition, cash flow requirements, and tax impact, in perspective while deciding on whether or not to contribute to the EPS scheme on higher salary.

Which mutual fund categories to invest in when retirement is 20 years away?

Depends on your risk appetite. Index funds, certainly, along with a sprinkling of mid- and small-caps for some added upside.

Spain's Sergio Busquets retires from international soccer

The 34-year-old Busquets, who also won the 2012 European Championship, is ending his Spain career after 143 appearances, the Spanish national team said Friday.

Will you run out of money in your lifetime?

Making your investments earn more the rate of inflation, and spending carefully at all times are among the factors that can keep you financially comfortable all your life.

Why you should buy health insurance now, and not wait till retirement

Buying health insurance when you are comparatively younger and healthier will supplement your employer-provided cover for any higher hospitalisation bills and there will be no hassles in terms of renewability. If you want to buy insurance at an advanced age and have some new health issues, insurers may not even be willing to cover you.

Hidden secret of NPS: the Tier-2 account

It’s a wrap in Formula One for Sebastian Vettel

On Sunday in Abu Dhabi, United Arab Emirates, Vettel, 35, will start a Grand Prix for the 299th time, as he leaves a sport he entered in 2007.

Former AIIMS director Randeep Guleria takes voluntary retirement

His five-and-a-half-year tenure as director of the institute ended on September 23 after which he had applied for VRS, which has been approved.

The bliss of retired life

Nearly 10 crore Indians are packed off into retirement every year because they have turned 58 or if they are luckier 60.

What are annuity plans?

EPFO starts crediting interest: Here's how to check your PF balance

Employees have started receiving interest for 2021-22 in their PF accounts. Check your balance online to know if your account is updated with the interest.

How NPS' staggered lump-sum withdrawal plan can help retirees earn regular income

A new proposal by the pension regulator will allow retirees to automatically withdraw a sum of money at regular intervals. This is not the same as annuities, though.

EPFO coverage to be expanded to 10 crore subscribers: Minister Bhupender Yadav

At a function to mark the 70th foundation day of the Employees Provident Fund Organization (EPFO), Yadav said, "EPFO social security schemes ambit will be expanded. It will be increased from 6.5 crore subscribers to 10 crore."

Dear EPFO, where is my interest?

If there is a delay in crediting interest by, say, four months every year, over a work career spanning 25 years, it implies that for 100 months the interest on balances was not earned, which reduces retirement income.

Beware of bad advice: Educate yourself

Blindly following anybody's advice can be fiscally fatal because what works for somebody else may not necessarily work for you.