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COAL INDIA PENSIONERS
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- These large- mid- and small-cap stocks have an upside potential of up to 31% in 1 year, according to analystsAs nothing can be ruled out on the street, be prepared for anything. Now, what is the probability that the bears will be chased away from t...
- CIL board to take up PF contribution planCoal India board will soon consider a proposal to voluntarily contribute Rs 10 to the Coal Mines Pension Fund for each tonne of coal sold. ...
- EPFO, CMPFO merger on cardsCMPFO’s payments have started exceeding inflow since 2016-17.
- 'Coal companies must make extra voluntary contribution to staff pension fund'Coal Mines Provident Fund Organisation commissioner Animesh Bharti told ET: “Following a recent resolution by the trustee board of the CMPF...
- Coal mines PFO to impose levy on member companies' productionThe levy is estimated to raise Rs 650 crore from Coal India this year if it manages to meet its yearly production target. The resulting inc...
- Employee association of CIL, SCCL to go on day-long protest over lack of pension reformsThe association says that pension of Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) employees has not been reviewed since...
- Coal India gives Rs 1,131 crore to LIC for executives new pension schemeThe pension scheme was envisaged several years ago, but was implemented recently mainly due to delay in clearances from govt.
- Panel suggests pension cap for coal workers at Rs 45,000/MonthA panel set up by the Coal Mines Provident Fund Organisation has recommended that the monthly pension for retired workers be capped at ₹45,...
- Cash crunch keeps 5 lakh CIL pensioners in lurchThe company’s pension and provident funds are managed by Coal Mines Provident Fund Organisation (CMPFO), a body which takes care of social ...
- Coal India to pay Rs 6,000 cr in salary raise and arrears to some 20,000 staffershe CIL Executive Defined Contribution Pension Scheme 2007 is a new scheme and is meant for Coal India executives only.
- Panel formed to look into merger of CIL pension fund with EPFOThe state-owned miner’s fund currently manages about Rs 13,000 crore and provides pensions to some 3 lakh retired Coal India employees.
- CIL unions seek Rs 20 per tonne levy for company's pension fundEmployees also want to increase their contribution to the fund to 7% of their salary from 4.91% and the company to contribute a similar per...
- Coal India Unions call for cess to fund pensionsThe pension fund receives money from contribution by existing employees and interest from instruments apart from a small contribution by th...
- Coal India strike; PSU management to meet unions next weekAmid a strike call by Coal India worker unions, the company management is likely to meet the protesting unions next week over the issue.
- Committee appointed to look into Coal India pension crisisAccording to two separate studies on the fund's ability to sustain its existing and future pensioners, it is short of Rs 26,000 crore and t...
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