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Economy

PFRDA sweetens NPS deal for private Sector, launches balanced life cycle fund option 

Pension regulator PFRDA has introduced the Balanced Life Cycle Fund (BLC), another life cycle fund option for private sector (All Citizen model and Corporate NPS) subscribers.  This new life cycle fund —launched on Tuesday on the occasion of Pension Diwas —focuses on growth assets, particularly equity investments, providing more flexibility and potential for higher returns for […]

Construction

Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 billion

Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on September 23  after its two previous offers were rejected. Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 billion (Representational photo)(Unsplash) The latest offer consists of 341 pence […]