EPFO to invest 50% each in Nifty and Sensex
At present, 75 per cent of the funds are allocated to Nifty and rest to the Sensex.
Board of trustees okays EPFO exit from DHFL
The board has approved EPFO’s exit from DHFL to retrieve its money for workers’ welfare.
E-nomination facility for EPF account holders launched
A member can avail of the e-nomination facility by logging in to their account on the ...
EPFO appoints UTI AMC, SBI Mutual Fund as fund managers
The appointment of the fund managers for another term of three years had been pending with the EPFO since April last year.
DHFL offers to repay investors in full, but seeks nod for ICA
DHFL has proposed to issue four sets of fresh debt securities collateralised to different assets.
14.24 lakh new jobs created in July: ESIC payroll data
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, National Statistical Office (NSO) said in a report.
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Sebi, the market regulator, constantly forms and amend laws to protect retail investors.
Ministries told to set up panel to ensure prompt crediting of NPS contributions
“It has been decided that a committee in each ministry/department shall be constituted to ensure oversight over the NPS contributions crediting," the finance ministry said.
Labour ministry proposes revised social security code
Labour ministry has circulated the draft code seeking comments from stakeholders by October 25 following which tripartite consultations will be held to finalise the code.
12.44 lakh new jobs created in October: ESIC payroll data
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report. It also showed that during the September 2017-October 2019 period, around 3.22 crore new subscribers joined the ESIC scheme. The report showed that gross new enrolments with ESIC during the September 2017-March 2018 period were 83.35 lakh.
EPFO's investment in ETFs at Rs 86,966 cr till September
The Employees' Provident Fund Organisation (EPFO) is investing in ETFs (Rs 86,966 crore) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 Indices. Labour Minister Santosh Gangwar told the Lower House that the EPFO does not invest in shares and equities of individual companies.
No investment in group cos, EPFO to portfolio managers
In the past, cross investments by asset managers has led to value erosion.
EPFO bars portfolio managers from investing in group companies
The apex retirement body floated a ‘Request for Proposal’ last week for taking up the responsibility of portfolio managers.
12.19 lakh new jobs created in June: ESIC payroll data
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated.
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