Almost eight years after the Atal Bihari Vajpayee government set up the Pension Fund Regulatory and Development Authority, or PFRDA, through an executive order, the Manmohan Singh government has now

26% FDI cap in sector not incorporated in Bill as govt retains flexibility. The Union cabinet on Wednesday gave its nod to amendments in the Pension Fund Regulatory and Development Authority (PFRDA)

The cabinet has approved foreign direct investment of up to 26 percent in the pension sector, a government source told Reuters on Wednesday, moving forward on a key reform initiative in the financial

The cabinet has approved foreign direct investment of up to 26 percent in the pension sector, a government source told Reuters on Wednesday. Kingfisher in strifeThe limit will be part of the

It is imperative that one accounts for inflation while building a retirement corpus. And, there are various instruments - slightly riskier than debt - that need to be accomodated in it, to earn good

Rise in rates for small saving schemes should not necessarily mean increasing your allocation. Kartik Jhaveri of Transcend Consulting says government's small saving schemes form only a tiny part of

Early payback decision needs deliberation. Get an income tax payment schedule, and invest in debt-based instruments for liquidity in the near future. The rise in interest rates have resulted in home

Don't keep investments in avenues that barely earn anything. You can balance liquidity with instruments that give a higher return. All of us wish to have an additional or other source of income. The

Tired of overspending? Confused about where all the money is going? A new iPad app aims to help users manage their finances. Mint, a web-based personal finance manager, released the iPad app last

Higher returns, more liquidity draw individual investors to savings accounts. Less than a week after the Reserve Bank of India announced the deregulation of the savings rate, the banking industry is