GoI approves Unified Pension Scheme (UPS)

GoI approves Unified Pension Scheme

The Government of India (GoI) has approved the Unified Pension Scheme (UPS), a move that is expected to benefit approximately 23 lakh Central Government employees. The UPS aims to provide a more streamlined and predictable pension system for government employees. The Unified Pension Scheme (UPS), recently approved by the Government of India, is a significant Read more: GoI approves Unified Pension Scheme (UPS)..

RBI decided to maintain the repo rate at 6.5%; RBI Monetary Policy Meeting highlights

RBI decided to maintain the repo rate at 6.5%

The Reserve Bank of India (RBI) has decided to maintain the repo rate, the key benchmark lending rate, at 6.5% during its bi-monthly monetary policy meeting held on August 6-8, 2024. This marks the ninth consecutive time that the RBI has kept the repo rate unchanged. RBI Monetary Policy Meeting Key Highlights: Repo Rate Unchanged: Read more: RBI decided to maintain the repo rate at 6.5%; RBI Monetary Policy Meeting highlights..

Sebi proposes relaxations for investment advisors and research analysts rules

Sebi proposes relaxations for investment advisors and research analysts rules

The Securities and Exchange Board of India (SEBI) has proposed significant relaxations to the regulations governing investment advisors (IAs) and research analysts (RAs) in India. By easing the regulatory burden, SEBI aims to encourage more individuals to become registered IAs and RAs, thereby increasing the pool of qualified professionals in the market. The changes aim Read more: Sebi proposes relaxations for investment advisors and research analysts rules..