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PFRDA proposes composite social security scheme for low-income persons, says chairman

PFRDA proposes composite social security scheme for low-income persons, says chairman

Finance
NEW DELHI: To enhance social security cover for unorganised sector workers and low-income persons, a composite scheme providing both pension and insurance benefits has been suggested to the government, the chairman of the Pension Fund and Regulatory Authority of India (PFRDA) said. The authority has suggested to the Finance Ministry that a comprehensive social security scheme can be explored for people having low income, PFRDA Chairman Supratim Bandyopadhyay told . "We have given some suggestions to the government. We are thinking whether we can have a comprehensive pension scheme taking along APY (Atal Pension Yojana), Pradhan Mantri Jeevan Jyoti Bima and Suraksha Bima. We are thinking of taking all these products together whether we can have a combined kind of scheme," Bandyopadhyay sai...
US stock futures rise slightly after Nasdaq Composite claws back 2020 losses, jobs report ahead

US stock futures rise slightly after Nasdaq Composite claws back 2020 losses, jobs report ahead

Finance
A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesU.S. stock futures rose slightly Thursday night after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020.Dow Jones Industrial Average futures rose just 32 points, or about 0.1%. S&P 500 and Nasdaq 100 futures traded just above the flatline. The tech-heavy Nasdaq rose 1.4% during the cash session, finishing up nearly 0.1% year to date. Gains from Facebook, Amazon Alphabet and Apple helped lift the index back into positive territory for 2020. At one point, the Nasdaq was down more than 25% year to date."It's amazing really given we're still working from home," said JJ Kinahan, chief market strategist at ...
Market Close Report: NASDAQ Composite index closes at 6,089.46 down -61.40 points

Market Close Report: NASDAQ Composite index closes at 6,089.46 down -61.40 points

Finance
Shutterstock photoThursday's session closes with the NASDAQ Composite Index at 6,089.46. The total shares traded for the NASDAQ was over 1.95 billion. Declining stocks led advancers by 3.37 to 1 ratio. There were 667 advancers and 2251 decliners for the day. On the NASDAQ Stock Exchange 18 stocks reached a 52 week high and 27 those reaching lows totaled. The most active, advancers, decliners, unusual volume and most active by dollar volume can be monitored intraday on the Most Active Stocks page.The NASDAQ 100 index closed down -.9% for the day; a total of -50.91 points. The current value is 5,597.91. Tesla, Inc. ( TSLA ) had the largest percent change down (-5.58%) while Monster Beverage Corporation ( MNST ) had the largest percent change gain rising 1.66%. The Dow Jones index clo...