Beware! Employees' Pension Scheme could go bankrupt

Beware! Employees' Pension Scheme could go bankrupt

The contribution-benefit mismatch Has meanT that well-paid members are cross-subsidised by the low-paid ones

India's dirty dozen: Why global debt funds are liking what Modi is doing
India's dirty dozen: Why global debt funds are liking what Modi is doing

India’s highest-profile default this year and the government’s plan to inject capital into state-controlled lenders have thrust the nation’s bad debt into the spotlight. Some global debt funds increasingly like what they see.

Aadhaar Card mobile number linking: This is what your telco has done
Aadhaar Card mobile number linking: This is what your telco has done

Telecom operators have sought more time from the government for implementation of Aadhaar OTP (one-time password)-based authentication process for reverification of mobile numbers, claiming that there is confusion over the use of the SMS-based method.

Quikr valuation hits $1 bn; see what caused this whopping surge
Quikr valuation hits $1 bn; see what caused this whopping surge

The valuation of online classifieds portal Quikr has surged to $1 billion for the quarter ended September, according to the quarterly financial report published by its Swedish investor Kinnevik AB.

Hafiz Saeed, Mumbai attack 26/11 mastermind is a free man now! Why India is right in calling Pakistan – terroristan
Hafiz Saeed, Mumbai attack 26/11 mastermind is a free man now! Why India is right in calling Pakistan – terroristan

Hafiz Saeed release: After months of a sham of a house arrest of Mumbai attack mastermind international terrorist Hafiz Saeed, a Judicial Review Board of Pakistan's Punjab province on Wednesday ordered his release.

EPFO threatened by bankruptcy over pension outflow; reason will surprise you
EPFO threatened by bankruptcy over pension outflow; reason will surprise you

The Employees’ Provident Fund Organisation (EPFO) may find it impossible to resist attempts by subscribers to inflate their pension entitlements to levels far beyond its capacity to provide these, raising the spectre of bankruptcy and a grave risk to the monies deposited by millions of workers in the assorted schemes administered by the body.

Delhi High Court to continue hearing Arun Jaitley-Arvind Kejriwal defamation case
Delhi High Court to continue hearing Arun Jaitley-Arvind Kejriwal defamation case

The Delhi High Court will continue hearing the civil defamation case filed by Finance Minister Arun Jaitley against Delhi Chief Minister Arvind Kejriwal and other Aam Aadmi Party (AAP) leaders, today.

Horoscope: By Peter Vidal

Today ( 23 Nov )This Week ( 19 Nov - 25 Nov )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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