Author: yehtrendinghai

Pension Fund Regulatory & Development Authority has appointed Suraj Bhan as the chairman of the National Pension System Trust (NPS Trust), responsible for managing funds under the National Pension System (NPS). Consequent upon the tenure of the present chairman of the trust coming to an end on November 11, 2022, the authority has designated Suraj…

Finance minister Nirmala Sitharaman on Monday took stock of the progress made by ministries and departments on the National Monetisation Pipeline. The minister nudged ministries to push ahead with asset monetisation in line with their set targets. While some ministries may miss their monetisation goals, the government will “more or less” meet this year’s target,…

The government is expecting a ₹3-3.5 lakh crore jump in tax revenue in the current fiscal year as per revised estimates of accounts for FY23 that will be presented in the February budget, officials said. Improved compliance, the post-pandemic economic recovery and high inflation have bolstered collections with both direct and indirect taxes contributing to…

Deposit Insurance and Credit Guarantee Corporation settled claims amounting to Rs 8,516.6 crore during 2021-22 of about 12.94 lakh depositors of liquidated banks, merged entities and those placed under restrictions by the Reserve Bank. All commercial banks, including branches of foreign banks functioning in India, local area banks, regional rural banks, small finance banks and…

UAE believes in India’s growth story and its sovereign wealth funds have invested more than USD 10 billion in India, said Sunjay Sudhir, Ambassador of India to UAE. Addressing realtors’ apex body CREDAI’s annual conference ‘NATCON 2022’ here, Sudhir asked builders to learn from the experience of UAE real estate companies and also explore forming…