Pension Bill

Budget 2023-24 allocates Rs 2.3 lakh crore for pensions, higher than the government’s education budget of Rs 1.12 lakh crore

Pension burden could soar to 4.1% of GDP by 2030: Crisil

According to Crisil, India‘s elderly population is expected to triple to 300 million by 2050 and with most of this population believed to be financially insecure in their sunset years, it's a problem India cannot run away from.

Substantive work done, Monsoon Session successful: Govt

Parliamentary Affairs Minister Kamal Nath said "substantive work" was done in the month-long session which had also witnessed the passage of a key economic reform legislation, the Pension Fund Regulatory and Development Authority Bill, which was hanging fire for nearly a decade due to political differences.

Pension Bill vote likely in Parliament today

The Congress party is in no mood to not let go through the Pension Bill in the Parliament. Senior leaders in the party have been reaching out to other political leaders, who have expressed their opposition to the Bill.

Telangana issue may halt Pension Bill approval in Lok Sabha

The Pension Bill may get a nod from the Lok Sabha on Tuesday, if the house does not face disruptions on the back of suspension of Andhra Pradesh MPs on the Telangana issue.

FinMin hopeful of getting Parliament nod on Pension Bill

As a part of discussions on the Parliament‘s agenda, finance ministry is hopeful of getting a nod for the same on Tuesday, reports CNBC-TV18‘s Aakansha Sethi.

FM to meet opposition leaders on insurance bill on Aug 3

Keen to get insurance bill approved in the ensuing monsoon session of Parliament, Finance Minister P Chidambaram today said he will meet leaders of the opposition parties on August 3

Raghuram Rajan pitches for raising FDI in insurance to 49%

Parliament proceeds may be in a limbo but Finance Ministry's advisor Raghuram Rajan today pitched for passing of a bill to allow 49 percent FDI in insurance sector.

Hope to get Insurance Bill passed soon: FM

Finance Minister P Chidmabaram expressed the hope that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.

Insurance, pension bills to pass in Budget session: FM

The finance minister P Chidambaram is confident of passing insurance and pension bills in the Budget session of parliament.

Lok Sabha to consider Banking Bill for passage this week

The stand-off between the government and the BJP over the banking laws amendment bill seems to have ended. It is learnt that the clause, which will allow banks to invest in forward contracts may be dropped.

FinMin approves 49% FDI in insurance, pension

The Finance Ministry has approved foreign direct investment in insurance and pension sectors up to 49%, reports CNBC-TV18‘s Aakanksha Sethi.

SEBI chief expresses anguish over delay in reforms

Anguished over delay in key reforms for "years and years", SEBI Chairman U K Sinha today said there is an urgency to revive investor sentiment and arrest the faltering growth.

Cabinet defers Pension Bill due to differences

The Union Cabinet on Thursday deferred the the long-awaited and crucial Pension Bill. Sources said that the Trinamool Congress (TMC) did not oppose the bill bt chose not to speak when the bill was discussed in the meeting.

Finance Minister introduces pension bill in parliament

The finance minister introduced a long-awaited pension bill in parliament on Thursday that would pave the way for private players in the sector and help cut government spending.