Retirement fund body EPFO has decided to impose surcharge (penalty) on private PF trusts for any violation of investment rules and may withdraw exemptions in case of serious lapse.
International Monetary Fund chief Christine Lagarde has called for more public and private investment to close infrastructure gaps in countries like India.
"Public investment has taken a hit over the
Contracting industrial output and an investment slowdown likely capped India's economic growth below 5 percent in the three months to December, despite a pickup in exports and farm output.
Investments into Indian shares through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, hit a three-month low of Rs 1.67 lakh crore (about $27
Encouraged by spurt in investment activities in the later half of the fiscal, Economic Affairs Secretary Arvind Mayaram has said 2013-14 is likely to end with an economic growth of
With investment proposals of over Rs 62,000 crore featuring during 2013, the performance of electronic sector overtook that of telecom, once a top notch segment of Indian economy.
India today sought investment from Latin American and Caribbean (LAC) countries in manufacturing infrastructure and agro processing sectors.
"What LAC countries need to discover is the attractiveness of the
The recent passage of pension regulator Act will spur growth potential of the investment corpus of the pension sector to over $1 trillion mark by the turn of 2025, says
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William D. Green
Chairman & CEO, Accenture