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Retirement

Annual reviews and adjustments can help maintain an optimal inflation-resistant asset allocation

Updated On: 03 Dec 2024 | 6:27 PM IST

Vikrant Massey shocked his fans as the '12th fail' actor shared a post on Instagram announcing his retirement from the film industry at the age of 37

Updated On: 02 Dec 2024 | 10:23 AM IST

The Supreme Court on Wednesday underlined that promotion only becomes effective upon assumption of duties and not from the date of the vacancy or recommendation. A bench of Justices P S Narasimha and Sandeep Mehta said it was a well-settled principle that promotion became effective from the date it was granted and not the date of the vacancy or creation of the post. "While the courts have recognised the right to be considered for promotion as not only a statutory right but also a fundamental right, there is no fundamental right to promotion itself," the bench said. The apex court delivered its verdict on an appeal filed by the West Bengal government and others challenging a February 2023 judgement of the Calcutta High Court. The high court upheld an order of the West Bengal Administrative Tribunal which directed that a man, though not entitled to retrospective promotion after his superannuation, should be awarded notional financial benefits for the promotional post of chief scienti

Updated On: 27 Nov 2024 | 7:35 PM IST

A retirement fund is suitable for long-term goals such as saving for retirement. However, if you are targeting growth and comfortable with higher risk, then you can invest in equity funds

Updated On: 14 Oct 2024 | 7:25 PM IST

The winner of a staggering 22 Grand Slams will be making his final appearance at the Davis Cup in Malaga next month

Updated On: 10 Oct 2024 | 10:48 PM IST

Updated On: 10 Oct 2024 | 7:54 PM IST

Nadal has been struggling with multiple injuries lately and has faced numerous delays and frustration in getting ready for tournaments.

Updated On: 10 Oct 2024 | 3:45 PM IST

This decision comes as China's pension system, the world's largest with 1.05 billion contributors and beneficiaries, faces significant stress from demographic change

Updated On: 13 Sep 2024 | 12:54 PM IST

The clarification came after the country's opposition party alleged that Buch continued to draw a salary from the bank

Updated On: 02 Sep 2024 | 7:17 PM IST

In a career that spanned over 14 years, the calmness that Dhawan exuded on and off the field was one characteristic that set him apart from the other stalwarts of Indian cricket

Updated On: 24 Aug 2024 | 11:25 AM IST

A task force of the National Medical Council (NMC) has proposed that the pay scale structure and retirement policy of AIIMS, Delhi be adopted for all medicos to ensure equity and promote job satisfaction. In its report, the 'National Task Force on Mental Health and Well-being of Medical Students' of the NMC, cited the UGC and AICTE pay scales, calling for standardisation of its policies. "...interns, post-graduate students, senior residents, super-specialty students, and medical teachers should be compensated according to the AIIMS, New Delhi pay scale across all medical colleges, regardless of whether they are private, public, state, central, deemed university, or any other type of institution," the task force said. Private practice for medical teachers should be prohibited to ensure the highest quality of medical education, the report added. "Standardising pay scales, retirement and rotational headship policies across institutions ensures equity and attracts high-quality faculty.

Updated On: 15 Aug 2024 | 5:49 PM IST

The Tata Group-owned airline introduced voluntary retirement scheme for employees with at least five years of service, and voluntary separation scheme for those with less than five years of service

Updated On: 18 Jul 2024 | 10:23 AM IST

While everyone feels as though they haven't saved enough, 77% of retirees say they are "living comfortably"

Updated On: 17 Jul 2024 | 10:07 AM IST

The fund based on market outlook, aims for steady returns through active management, diversification, and a blend of growth and value investing

Updated On: 08 Jul 2024 | 11:42 AM IST

Also this week, we write about why Indians love Frontier food

Updated On: 05 Jul 2024 | 8:02 AM IST

Indian football icon Bhaichung Bhutia on Tuesday announced that he was quitting politics, following his defeat in the recently held assembly elections in Sikkim. Bhaichung, the vice president of the Sikkim Democratic Front (SDF), lost to SKM's Rikshal Dorjee Bhutia in the Barfung seat, which marked his sixth electoral defeat. He joined politics in 2014 when the ruling TMC in West Bengal named him as its candidate for the Darjeeling Lok Sabha seat. In 2018, he took the plunge into the political arena of his state by forming the Hamro Sikkim Party. Last year, he merged his party with the Pawan Chamling-led SDF. "Firstly, I would like to congratulate Mr PS Tamang and the Sikkim Krantikari Morcha (SKM) for winning the assembly elections. The people of Sikkim have given them a resounding mandate and I hope the SKM govt will work to fulfil their promises and take Sikkim to greater heights across all sectors," he said in a statement. "After the 2024 election results, I have had the ...

Updated On: 25 Jun 2024 | 6:36 PM IST

Veteran cricketer Mahendra Singh Dhoni will visit London for a muscle tear surgery. It will take him five to six months to recover completely; the retirement decision will be taken thereafter

Updated On: 21 May 2024 | 11:35 AM IST

Earlier this year - about halfway through Dimon's five-year retention package - the 68-year-old CEO moved some of his top lieutenants into new senior roles

Updated On: 21 May 2024 | 7:53 AM IST

'I started with my own savings, contributions from some relatives and borrowings from moneylenders. Once the model was proven, financial institutions came forward to lend and support.'

Updated On: 05 Apr 2024 | 10:59 PM IST

The fund invests in a mix of assets, including stocks, bonds, and real estate investment trusts (REITs).

Updated On: 27 Mar 2024 | 3:03 PM IST