31 Jan 2015
Kolkata: The CBI on Saturday arrested former Union Minister of State for Home Affairs Matang Sinh in connection with Saradha chit fund scam case, making him first former central minister to be apprehended by the agency in the case.
31 Jan 2015
Bhubaneswar: CBI sleuths on Saturday conducted raids across 14 locations against Micro Finance Limited, one of the 44 chit fund companies under the scanner of the central investigating agency.
18 Jan 2015
New Delhi: Labour Ministry plans to issue a single smartcard for formal sector workers to help them avail of a host of benefits under different social security schemes such as pension, provident fund and health insurance.
20 Jan 2015
New Delhi: The NDA government is planning to locate the beneficiaries through a nationwide campaign to give away an amount of about Rs 27,000 crore lying inoperative with the Employees Provident Fund Organisation (EPFO).
29 Jan 2015
New Delhi: In a record collection of funds, a closed-ended equity fund of Reliance Capital Asset Management has garnered Rs 1,000 crore from investors.
22 Dec 2014
New Delhi: As a new year beckons, retirement fund body EPFO (Employees' Provident Fund Organisation) is set for a major overhaul in the way it manages the provident fund deposits of its over five crore subscribers.
19 Dec 2014
New Delhi: Over five crore provident fund subscribers governed by the EPFO will get 8.75 percent interest on their deposits for the current fiscal. The Finance Ministry has ratified the rate for 2014-15, after a decision was taken to retain the interest payout at this level by the Central Board of Trustees of the Employees' Provident Fund Organisation, sources said.
30 Jan 2015
Washington: With US stalling quota reforms in the IMF that would increase the stakes of emerging countries like India, the world body said it is working on alternate measures to go ahead with much-needed reforms that reflect the ground realities of the 21st century.
28 Dec 2014
New Delhi: Retirement fund body EPFO has launched pilot projects that will eventually lead to a nationwide facility for pensioners to submit digital life certificates through mobile phones.
30 Jan 2015
Mumbai: Capital markets regulator SEBI has restrained West Bengal-based Megasys Medi Life Ltd from raising funds through issuance of securities besides barring the company as well as their directors from the stock market.