NPS

Your pension has always been meant for retirement. Now, PFRDA wants to allow you to double it up as a healthcare cushion too.

The government is reportedly planning to raise the foreign direct investment cap in the pension sector to 100%, mirroring the insurance industry's recent liberalization. A bill to amend the PFRDA Act is anticipated in upcoming parliamentary sessions. This move aims to boost foreign investment and potentially separate the NPS Trust from the PFRDA, according to sources.

Bengaluru region recorded a 98.9% pass rate in the Class 10 CBSE exams, securing third place nationally behind Thiruvananthapuram and Vijayawada. Despite a strong overall performance, mathematics proved challenging for many students, though science and social science scores saw improvements. The introduction of two board exams for Class 10 students led to an earlier than usual results announcement.

Women are actively investing in India, moving beyond traditional savings. While participation in mutual funds and equities is rising, independent control over financial decisions, particularly tax planning, is still developing. Younger women show greater comfort with digital platforms and goal-based investing. This shift signifies a growing financial awareness and engagement across the nation.

In a bold move, Bihar Police's Economic Offences Unit targeted two high-ranking officials, Gautam Kumar, the SDPO of Kishanganj, and Vaibhav Kumar, a DRDA officer in Saharsa, amid suspicions of unexplained wealth.

The article highlights a double standard in public discourse, where welfare schemes for the poor face intense moral scrutiny, while massive bank loan write-offs for large borrowers are discussed with softer language. It argues for equal transparency and accountability in both instances, as taxpayers ultimately fund both.

As India's private sector workforce steps into a new era of financial independence, individuals are urged to take charge of their retirement savings. The National Pension System (NPS) stands out as a strategic investment choice, boasting market-driven returns and offering recent updates that enhance user flexibility.

This article urges women to take control of their finances by first understanding their complete financial picture. It emphasizes the difference between saving and investing, advocating for growth through options like SIPs, and exploring diversified investments beyond traditional FDs. The core message is that financial independence empowers women to control their lives.

NPS Vatsalya launch today: Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, has launched the NPS Vatsalya scheme today. This initiative focuses on securing children's financial future through a pension account.