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02.01.26 - 03:00
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Regulator allows banks to sponsor NPS pension funds (Times of India)
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Banks can now independently manage National Pension System (NPS) assets, as PFRDA approved a framework to boost competition and protect subscribers. Eligible banks must meet stringent net worth and soundness criteria. Additionally, the regulator revised investment management fees for pension funds and appointed new trustees to the NPS Trust Board, including former SBI chairman Dinesh Kumar Khara as chairperson....
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02.01.26 - 01:45
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Events organizer Meorient turns to Hong Kong for expansion funds (Bamboo Works)
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The company, which holds trade exhibitions to showcase Chinese exports, is seeking fresh capital as a post-pandemic business boom subsides Key Takeaways: By Lee Shih Ta A commonly cited proverb offers a clue to detecting momentum shifts in China's export economy: namely that ducks are the first to sense a change in river temperature......
The post Events organizer Meorient turns to Hong Kong for expansion funds appeared first on Bamboo Works....
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02.01.26 - 01:12
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Retrenched staff to get reskilling fund within 45 days of losing job (Times of India)
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Job loss will now come with a financial boost for reskilling. Under new draft rules, retrenched employees will receive funds equivalent to 15 days' wages within 45 days of losing their job. This initiative aims to institutionalize skilling and support workers transitioning to new roles. Employers must also prioritize rehiring previously retrenched staff for similar vacancies....
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31.12.25 - 19:39
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The Trump Administration′s Fight To Fund Scientists (ZeroHedge)
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The Trump Administration's Fight To Fund Scientists
Authored by Paul D. Thacker via RealClearInvestigations,
The panic and outrage were palpable last February when President Trump announced plans to trim reimbursement rates for government-funded scientific research.
“This is going to decimate U.S. scientific biomedical research,” Northwestern University biologist Carole Labonne told Bloomberg. “The lights will go out, people will be let go, and these [medical] advances will not occur,” David Skorton, CEO of the Association of American Medical Colleges, told PBS. “The goal,” University of Washington biologist Carl Bergstrom warned on BlueSky, “is to destroy U.S. universities.”
The sky has not fallen on American research in the 10 months since. The National Institutes of Health (NIH) is still paying the same 50% to 70% in indirect costs – the premium added on top of grants meant to reimburse universities for providing labs and other research infrastructure – because laws...
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