The government has made changes to the Atal Pension Yojana (APY) rules to be made effective from October 1, 2022. According to a notification from the finance ministry, any citizen who is or has been an income taxpayer will not be eligible to join the pension scheme.
India's Permanent Mission to the United Nations, Geneva, revealed that the country has contributed $ 400,000 (over Rs 3 crore) to as many as four Voluntary Trust Funds.
Tata Consultancy Services Limited (TCS) has partnered with Five Star Bank, a subsidiary of Financial Institutions Inc, to aid it in determining lending risks and delivering hyper-personalised customer experiences.
With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.