Fresh formal hiring at seven-month high in April, shows EPFO data

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly......

Breaking the vault: Will MSCI grant HDFC Bank access?

HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......

FinMin rejects plea to double minimum EPS pension

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). Illustration: Uttam......

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Mutual funds’ equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase  past Rs 1.7 trillion in 2023. Illustration: Uttam......