Business

India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth at…

India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth at…

The Parliament on Wednesday approved the new insurance bill called “Sabka Bima Sabki Raksha Bill after it got the Rajya Sabha nod. It was cleared in Lok Sabha the day before. The bill allows 100 per cent FDI in the sector, raising it from earlier allowed 74 per cent. The bill is now pending for…

India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister Narendra…

Given the lucrative interest rate and the tax benefits, is Sukanya Samriddhi Yojana an obvious savings choice for your girl child? (AI image) Sukanya Samriddhi Yojana or SSY is a popular post-office savings scheme for the girl child, first introduced over ten years ago as part of the government’s Beti Bachao, Beti Padhao campaign. The…

Muhammad Binghatti Dubai’s ‘Rockstar Architect’/ Image: Forbes Middle East In Dubai’s crowded skyline, where glass towers rise and vanish with dizzying speed, a handful of buildings announce themselves before you read the name on the deed. The stacked balconies. The sculpted voids. The aggressive geometry. You do not need a billboard to know who built…

US stocks were largely steady in early trade on Wednesday as oil prices rebounded from multi-year lows, with energy stocks lending support after President Donald Trump ordered a blockade of all sanctioned oil tankers into Venezuela, according to an AP report.The S&P 500 was up 0.1% in early trading, coming off three straight sessions of…

Warner Bros has asked its shareholders to reject a hostile takeover bid from Paramount Skydance, saying a rival offer from Netflix would be better for customers and aligns with the board’s fiduciary responsibilities, AP reported.In a letter to investors issued on Wednesday, Warner Bros said its board had reviewed Paramount Skydance’s “unsolicited tender offer” with…

India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after Trump’s…

MUMBAI: Axis Bank and Google Pay on Dec 17 launched the Google Pay Flex Axis Bank Credit Card, billed as India’s first fully digital, UPI-powered co-branded credit card. The card runs on the RuPay network and is the first product under Flex by Google Pay, marking Google’s entry into the co-branded credit card space.The card…