corpus

Schemes under the National Pension System (NPS) will soon have ratings that will inform investors about the level of risk involved in a particular scheme that they are opting to invest in. The Pension Fund Regulatory and Development…

The National Pension System, or NPS, is a retirement saving option where individuals can contribute a monthly amount to withdraw regular income after retirement. It is a government-sponsored pension scheme that was launched in January 2004…

New Delhi: Upskilling and higher learning edtech upGrad on Monday announced the launch of its philanthropic and not-for-profit division called upGrad Foundation. With a corpus of Rs 50 crore, the foundation intends to focus on a variety of…

In the wake of some states mulling over re-introducing the old pension scheme (OPS) for their staff, the central government is planning to make the reform-oriented National Pension System (NPS) more attractive by increasing its annuatised…

Life Insurance Corporation of India (LIC) has increased the size of its shareholders’ fund to Rs 6,600 crore from Rs 100 crore in a bid to accommodate a larger shareholder base ahead of its public listing. The size of the fund has been…

Finance Minister Nirmala Sitharaman said the Centre is open to considering States’ own priority projects to avail of funds from the ₹1,00,000 crore interest-free, 50-year loan, even if they don’t strictly fall under the focus areas…

New Delhi: Mutual funds have become one of the popular investment instruments in current times among Indian investors. The ease with which one can invest on a monthly basis by creating a systematic investment plan (SIP) makes mutual funds…

Invoice discounting platform KredX is planning to partner with venture capital funds to create a Rs 200-Rs 500 crore corpus that will lend to emerging startups, a senior executive said. This comes at a time when an increasing number of VC…