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RETIREMENT AGE IN INDIA
70% think Rs 1 crore is enough for retirement; can it meet your retirement goal?Is Rs 1 crore enough for retirement? A new study reveals declining confidence among urban Indians, with many accumulating only 28% of their...- Who was Ayyalasomayajula Lalitha? Meet India's first woman engineer who broke gender barriers in a male-dominated fieldIn 1943, Ayyalasomayajula Lalitha shattered societal norms by becoming India's first woman engineer. Overcoming personal loss, she delved i...
- Motivational Quote of the Day by Dalai Lama on happiness: 'We don’t need more money, we don’t need greater success...' - Inspiring life lessons on finding joy withinThe Dalai Lama’s powerful quote about happiness reminds us that money, success, fame, physical perfection and an ideal relationship are not...
- Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
- 100% equity NPS schemes have attracted younger investors, says Sriram Iyer, MD & CEO, HDFC Pension FundThe multiple-scheme framework introduced last year, the lower mandatory annuitisation requirement, and the growing focus on non-government ...
- NPS risk labels: Will PFRDA’s new framework help subscribers make better choicesThe unwieldy retirement scheme is becoming more organised through risk-based classification, standardised disclosures, uniform naming conve...
- 8th Pay Commission news: Pensioners demand 67% of last pay drawn, Rs 69,000 minimum pay, 3.83 fitment factor8th Pay Commission latest news: Pensioners proposed a 67% pension of last pay drawn and a minimum pay of Rs 69,000. They also recommended o...
- Global Fintech Fest 2026: PFRDA plans inflation-linked bonds to offer inflation-protected pension returnsIndia's pension regulator is developing innovative bond issuances for inflation-protected returns. Guidelines for these new products are ex...
- India’s senior living market could become a $10.1 billion opportunity by 2030The senior living market in India is expected to blossom, with projections indicating it could reach USD 10.1 billion by 2030. This growth ...
- This 58-year-old invests Rs 50,000 in 8 mutual funds. Expert flags portfolio imbalance, suggests rejigA financial expert examined the mutual fund portfolio of a 58-year-old investor and detected several imbalances. With a concentration in mi...
- Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...
- ONGC chairman selection: Seven shortlisted candidates to face second round of interviewsSeven candidates have been shortlisted for the ONGC chairman and managing director post, with a second round of interviews expected this we...
- ‘Chota Amitabh’ started acting at 3, became Bollywood’s highest-paid child star in the ‘80s. He left showbiz to fulfil his wife’s dream. Who is Raj Mayur Verma?Hailed as ‘Chota Amitabh’, Raj Mayur Verma was once the highest-paid child actor in Bollywood. As an adult, he became a successful talk sho...
- Supreme Court directs 7 states to enhance retirement age of judicial officers to 62 yearsThe Supreme Court has directed seven states to raise judicial retirement age to sixty-two years. Judicial officers who retired after March ...
- Moving abroad? Know what happens to your NPS account after you become an NRINon-Resident Indians are permitted to maintain their National Pension System contributions from abroad. To remain involved, they must utili...
- HDFC, Kotak CEO departures put succession planning at India’s private banks under scrutinyRecent unexpected leadership changes at top Indian private banks raise succession planning concerns. Investors question long-term business ...
- Rs 15 lakh fraud money credited to senior citizen’s account, police wanted to question him; HC grants anticipatory bail on this groundCriminals deposited Rs 15 lakh in senior citizen’s bank a/c; police wants to question him; HC grants anticipatory bail and observes mere de...
- HDFC's search for a new CEO may go beyond its inner circleHDFC Bank's board faces a difficult CEO succession task with a thin internal leadership pipeline. Regulatory tenure limits may push the ban...
- Rs 11 crore corpus at 36, yet they are scared to quit their jobs: Bengaluru couple faces the biggest FIRE dilemmaA Bengaluru couple, both 36, has built a Rs 11 crore liquid corpus after starting their careers in 2009 with a combined Rs 1.9 LPA salary. ...
- EPFO rules for NRIs’ EPF withdrawal: Do NRIs need to wait till 58 years of age to withdraw their employees’ provident fund retirement corpus?Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who ...
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