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MUMBAI: Soon, banks will be able to independently sponsor funds for managing National Pension System (NPS) assets, as PFRDA on Thursday approved in principle a framework that seeks to remove regulatory constraints that had thus far limited banks’ participation in the pension fund management business. “PFRDA board has approved, in principle, a framework to permit…
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The US labour market continues to lose steam, with the latest jobs report showing a sharp slowdown in hiring. While November’s data was affected by shutdown-related distortions, economists say the broader trend is clear: job creation has settled into a prolonged low gear.Though employers are still adding workers, the pace of hiring is among the…
Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record. Source link
NEW DELHI: Government continues to be in touch with the Iranian authorities for the safety of Indian ships for their safe exit through the Strait of Hormuz, external affairs ministry said Monday, while emphasising that New Delhi attaches very high importance to the safety and security of mariners and transit through the Strait should be…
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Trump Media & Technology Group is looking to reorganise its business, with plans to spin off its social media platform Truth Social into a separate publicly traded company. The company, founded by US President Donald Trump, on Friday, confirmed that it is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed…
