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Prime Minister Narendra Modi will be on an official visit to Germany, Denmark and France from May 2-4. Let us inform you This will be the first foreign visit of the Prime Minister in the year 2022. This information was given by the Ministry of External Affairs on Wednesday. In Berlin, the Prime Minister will hold bilateral talks with the Federal Chancellor of Germany, Olaf Scholz. Both the leaders will attend the sixth edition of the India-Germany Inter Governmental Consultations (IGC). Held twice a year, the IGC is a separate dialogue format with several ministers from both sides. This is the prime minister's first IGC with Chancellor Scholz, as well as the first such government-to-government consultation with the new German government. During their visit, the Prime Minister and

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PFRDA Likely To Launch Guaranteed Return Scheme: Here Are Some Key Points

Pooja YadavMarch 4, 20220

The Pension Fund Regulatory and Development Authority (PFRDA) is about to launch a guaranteed return scheme called Minimum Assured Return Scheme (MARS). This scheme is launched to supply people from the salaried class with an option for their investments. PFRDA has appointed EY Actuarial Services LLP as a consultant to assist in designing the proposed MARS under National Pension Scheme (NPS). It will be the primary scheme of pension regulators, to supply a guaranteed return to investors. However, only the ground is ready in the proposed scheme. The consultant is likely to figure out the framework within. Returns Offered By Scheme Actual returns offered by the scheme will rely on the market conditions. Any shortfall is made good by the sponsor, while the excess is goin...