ANNUITY

PNC Infratech has secured approval from NHAI to transfer its 100% stake in three road project subsidiaries to Highways Infrastructure Trust. This is part of a larger Rs 9,005 crore deal involving the divestment of twelve road assets to the KKR-contr...

While awareness about the National Pension System (NPS) has increased, investors are not drawn to this retirement scheme, according to the findings of the IRIS 4.0 study by Max Life Insurance.

HG Infra Engineering is a beneficiary of the government’s infrastructure push.

NPS investors must choose their annuity plans wisely to avoid significant income loss. Comparing annuity rates from different providers can prevent losses of up to Rs 21 lakh on a Rs 50 lakh investment over 30 years. Annuities without return of purc...

ET Wealth reached out to experts to know whether one should consider this scheme and how it compares with other options. Here’s what they have to say.

HG Infra Engineering shares rose over 5% to Rs 1,579 after securing a Rs 716 crore railway contract. The stock surged 85% YTD and 150% in two years.

Service companies beyond the IT sector have gained prominence, with several getting listed in recent years. Firms like Teamlease, SIS, and Quess Corp offer essential backend services for industries such as banking, logistics, and real estate. They o...

While the annuity market in India is still in its early stages, insurers believe it holds long-term growth potential. With rising life expectancy and higher income levels, the demand for annuity products is expected to soar.

Annuity plans offered a robust solution for post-retirement financial security. These plans provided a predictable income stream and protected against market volatility. Deferred annuity plans utilized the power of compounding, ensuring nearly doubl...

Shriram Life's Deferred Annuity Plan, starting at Rs 60,000 annually for ages 40-75, offers a 5-10 year deferment period before annuity payments commence. Providing a Return of Purchase Price, it ensures financial independence, particularly for entr...

NPS exit: Many people who have not saved enough for retirement income in NPS they need to know about the options they have at the time of exit at the age of 60. By exploring deferment, continuance, and systematic withdrawal options, individuals can ...

India's first urban ropeway project, the Varanasi Ropeway Project, is set to complete a section linking Varanasi Cantonment Railway Station to RathYatra by August 2024, under the National Ropeways Development Programme, 'Parvatmala Pariyojana'.

Many individuals have concerns that their money will get stuck in the NPS till retirement. That’s not necessarily a bad thing because the money is at the right place. Investment returns can be enormous if held for the long term, Sriram Iyer tells ET...

Infrastructure Leasing and Financial Services (IL&FS) has filed a plea with Ranchi High Court, seeking Rs 775 crore in pending annuities and interest from the Jharkhand government for the Jharkhand Accelerated Road Development Project. Despite agree...

India's government is revamping the built-operate-transfer (BOT) model to attract private capital, which is expected to surpass Rs 1 trillion by 2030. The government has successfully implemented 400 Hybrid Annuity Model road projects worth over Rs 4...

The NPS for the general public completes 15 years this week. Over the years, the NPS has undergone many changes and become more investor friendly. The Pension Fund Regulatory and Development Authority (PFRDA) has made the scheme more flexible and in...

The Insurance Regulatory and Development Authority of India (IRDAI) has announced a new rule allowing insurance companies to offer variable annuity plans with a minimum guaranteed annuity amount. This option is available under both group and individ...

"The business from policies with premiums higher than Rs 5 lakh is down by an absolute 10%. The number of policies has grown by 20% and we have lost the contribution from plans above Rs 5 lakh by 10%. So, our business for the first nine months was 1...

The road ministry has sanctioned Rs 2,675.31 crore for the four-laning of the Belgaum-Hungund-Raichur section of National Highway-748A in Bagalkot and Belgavi districts of Karnataka, covering a total length of 92.40 km. The initiative is part of the...