Debt investment under NPS becomes safer from today. Check new rules

New Delhi: The quality of debt securities that your National Pension System (NPS) fund manager buys may see significant improvement from today. The Pension Fund Regulatory and Development Authority (PFRDA) last month revised the guidelines for the valuation of pension schemes, which becomes effective from today (December 1, 2019). In a circular, the pension fund regulator said that it has made changes in the ‘valuation of debt securities’ as well as ‘valuation policy for securities below investment grade’ in which pension funds in the National Pension System (NPS) can make investments.…

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Investment in 17 entities under shipping ministry hiked to Rs 5,778 crore for FY’20

The government has increased the proposed investment in 17 enterprises under the shipping ministry to Rs 5,778 crore for 2019-20 in order to boost the ‘blue economy’. The estimated investment in these enterprises that include 12 major ports is Rs 5,548.12 crore in 2018-19, according to the revised numbers in the recent budget document. The government had proposed an investment of Rs 5,079.80 crore in the Budget for 2018-19. Aspiring to be a $10 trillion economy in the next eight years, the government plans to harness India’s long 7,500-km coastline…

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Yoga tour for foreign professionals under shadow of Nipah in Kerala

Fourteen deaths due to the Nipah virus (NiV) in Kerala seem to have dampened a nine-day Yoga Ambassadors Tour in the state for 140 professional practitioners from across the globe. Only 60 of the 140 participants have confirmed participation for the tour beginning June 13, that was designed by the union ministry of Ayush and Kerala government as part of the countdown to the International Yoga Day on June 21. American and German nationals have written to the organisers raising concerns about visiting the state which is grappling with a deadly…

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PFRDA raises NPS equity investment cap under ‘active’ choice, relaxes withdrawal norms

You will soon be able to opt for higher equity investment under the National Pension System’s (NPS) ‘active’ choice. The Pension Fund Regulatory and Development Authority (PFRDA) board of directors has approved increasing cap on equity investment in ‘active’ choice to 75% from current 50% for Private Sector Subscribers. Presently there is a cap of 50% on equity investment under active choice in NPS. A release issued by the PFRDA says that the increase in equity cap comes with a clause of tapering of the equity allocation after the age…

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Keep your sugar levels under control with regular exercise

Among all the ways you can keep your diabetes in check, working out is one of the best. There is a strong link between exercise and sugar levels in diabetes. Basic lifestyle changes and regular exercise can help you manage diabetes. Ranging from sugar control to weight management, staying active offers great benefits. Many studies aimed at finding an answer to this have concluded the positive impact of exercise on your sugar levels. Exercise in diabetes type 1 is as important as in type 2, says Dr Walia Murshida Huda (Senior Medical…

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UP board exams: students will now write under CCTVs

Uttar Pradesh chief secretary Rajive Kumar said the move is aimed to ensure copying-free board exams to be held across state. Photo: Hindustan Times Lucknow: The Yogi Adityanath government in Uttar Pradesh on Saturday issued directions to install CCTV cameras in all board examination centres by December to check copying. Chief secretary Rajive Kumar said the move is aimed to ensure copying-free board exams to be held across the state. He said to bring improvement in the quality of education in the schools, a better work plan should be made in…

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