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No annuity rider, NPS subscribers get ₹5 lakh exit option

-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...

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Delhi Crematoriums, Graveyards Struggle To Keep Up As Covid Deaths Rise

-NDTV.com At Delhi's biggest graveyard near ITO, a JCB excavator could be seen being used to constantly dig up more graves but it is also fast running out of space. New Delhi: At Delhi's biggest crematorium, Nigambodh Ghat, the number of cremations have gone up from 15 per day to over 30 as COVID-19-related deaths in the national capital continue to rise. Delhi recorded 104 deaths due to coronavirus on Wednesday, the highest...

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India reports nearly 2 lakh fresh COVID-19 cases, over 1000 deaths on April 14, 2021

-The Hindu Maharashtra, Delhi, Chhattisgarh and Gujarat saw the most fatalities India registered 1,99,376 new COVID-19 cases on April 14. As many as 1,037 deaths were also recorded on the day as of data updated at 12.24 a.m. IST on April 15. The figures do not include cases and deaths from Ladakh. The data is sourced from covid19india.org, an independent aggregator of daily COVID-19 figures. Over 14.11 lakh tests were conducted on April 13....

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Fearing Lockdown Amid COVID-19 Spike, Some Migrant Workers Begin Leaving Delhi

-NDTV.com With increasing coronavirus numbers the fear of imposition of lockdown has been making migrant workers anxious. New Delhi: Amidst the rising number of coronavirus cases in the national capital, some of the migrant workers have started returning to their native places in fear of imposition of lockdown. Some alone, with backpacks, while some with their families, migrant workers can be seen leaving for their home at ISBT, Anand Vihar, and other key...

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SC directs States to apprise it of migrant children, their condition

-PTI/ The Hindu SC Bench also asked all the states impleaded as parties in the case to file replies in the matter. The Supreme Court Tuesday directed all states to inform it about the number of migrant children and their condition on a plea seeking directions for the protection of their fundamental rights amidst the COVID-19 pandemic. A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V...

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