However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to the Covid-19 pandemic.
As around 5,000 nurses went on strike from the afternoon hampering patient care services at the premier hospital, AIIMS Director Randeep Guleria in a video message termed the strike in the time of pandemic as "inappropriate and unfortunate".
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
Zomato shares may see limited upside in the near-term amid news-flow around government-backed ONDC expanding its footprint in the delivery market, believe analysts. Zomato shares have dropped 4 per cent in three days on the BSE. By comparison, the benchmark S&P BSE Sensex has added 0.2 per cent.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
About 140 people out of 193 who were admitted to various government medical facilities after they consumed the spurious liquor on Tuesday night were currently stable, Kallakurichi district collector M S Prasanth said.
The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm's profit. According to the Form 20-F, filed with the US Securities and Exchange Commission by Wipro, Premji's compensation for FY23 was $951,353, down 50 per cent from $1,819,022 in FY22. "Rishad A Premji is entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of Wipro Limited over the previous fiscal year. However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the Company determined that no commission was payable for fiscal year 2023 to Mr Rishad A. Premji," said the company in the filing.
Travel agents in India on Monday demanded of 16 airlines that they reinstate commission following a Directorate General of Civil Aviation (DGCA) order to restore the system of paying travel agents a commission, a senior industry official said.
'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'
Replying to supplementaries during Question Hour in Rajya Sabha, civil aviation minister Praful Patel said, "full service airlines earlier used to offer five per cent commission to travel agents on basic fare." "From November 1, 2008, Air India, Jet Airways and Kingfisher abolished the agency commission and introduced transaction fee model... (however) Jet and Kingfisher have started paying commission on basic fare and fuel surcharge.
Dr Arun Jamkar, former vice chancellor, Maharashtra University of Health Sciences, makes a strong case for reforming Indian medical education and believes that the National Medical Commission Bill is historic.
Power Grid Corporation of India (PGCIL) was one of the top Sensex gainers in trade on Monday, ending with gains of nearly 9 per cent. The stock has gained about 42 per cent year-to-date. For the March quarter, the company reported a revenue of Rs 12,000 crore, which was down 3 per cent year-on-year (Y-o-Y) but up 4 per cent quarter-on-quarter (Q-o-Q). The drop was on account of one-time arrears related to the Nagapattinam tariff bid competitive bidding (TBCB) project in Q4 FY23.
The Centre on Tuesday said it cannot give blanket assurance to states to help them come out of financial problems following implementation of the 6th Pay Commission awards by them.
The armed forces are seeking an enhancement of allowances for their personnel posted in "hardship" areas on the pattern of high-altitude Siachen in Jammu and Kashmir.
The five-state assembly elections are seen as a now-or-never, no-holds battle for the Congress, points out N Sathiya Moorthy.
In the new year be careful online as there are many scamsters lurking in the cloud, warns A Ganesh Nadar after twice escaping being scammed.
The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.
The National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon's plea challenging the decision of fair trade regulator CCI to suspend the approval for the e-commerce major's deal with Future Coupons. A two-member bench comprising Justice M Venugopal and Ashok Kumar Mishra, upheld the findings of the Competition Commission of India (CCI) and directed it to pay the penalty of Rs 200 crore imposed on Amazon by the fair trade regulator within 45 days from Monday. "This appellate tribunal is in complete agreement" with the CCI, the two-member bench said.
Wipro chief executive Abidali Z Neemuchwala saw his pay package grow 41 per cent to $ 3.9 million during 2018-19.
On Monday, around 5,000 nurses of the All India Institute of Medical Sciences in New Delhi went on a strike over their long pending demands, including those with regard to the Sixth Central Pay Commission.
According to the officials, the three-storey coaching institute, surrounded by residential and commercial establishments, had permission to use the basement as a store room, but it was being used as library in violation of the rules.
The sixth central Pay Commission is examining the feasibility of introducing performance-linked salaries for government employees. The commission has constituted a study group headed by Indian Institute of Management, Ahmedabad Professor Biju Varkkey to develop a model on these lines.The study group has submitted interim reports and is expected to send its final report soon.
A Delhi court on Monday denied interim bail to Bharat Rashtra Samiti leader K Kavitha, arrested in a money laundering case linked to the alleged Delhi excise policy scam, saying prima facie she not only destroyed evidence but was also instrumental in influencing witnesses and there is 'every likelihood' of her continuing to do so in case the relief is granted.
Santosh Sabde, who is contesting as independent from the central Maharashtra town, said Election Commission officials on Friday were hesitant to accept the deposit in coins, but "acquiesced eventually".
Over 2,500 travel agents and online travel portals started selling Jet Airways tickets again from this morning after the airline, the country's largest by market share, succumbed to pressure and agreed to pay them a 3 per cent commission.
Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).
Nearly 22 lakh Maharashtra state government employees, including secondary and junior college teachers and non-teaching staff, have decided to go on indefinite strike from Monday demanding implementation of 6th Pay Commission.
The farmers also marched along the ambulance and demanded action against those who are responsible for his death.
Consumer goods manufacturers, expecting to see a revival of demand from the nearly Rs 16,500 crore Pay Commission arrears for government employees, are likely to be disappointed.
The Vigilance Commission has asked DoT to justify its decisions regarding spectrum allocation to GSM operators.
Overnight, the Wall Street closed on a flatter note.
General Nirmal Chander Vij, former Chief of Army Staff, wrote a letter in anguish to Prime Minister Manmohan Singh against the adverse implications of the sixth pay commission on the armed forces. The letter written on April 17, 2008, speaks volumes about the armed forces' dissatisfaction, which no government can ignore.
Santiago Martin has funded Rs 1,368 crore to political parties between October 2020 to January 2024 through electoral bonds.
'Can we force somebody to contest and fight an election when they don't want to contest an election?'
The central government employees may get increment in their salaries on the basis of their performance as the Sixth Pay Commission is looking into the possibility of adding productivity-linked incentives to their overall income.
Launching an attack on the BJP, Railway Minister Lalu Prasad on Friday said the increase in prices was the "handiwork" of traders sponsored by the saffron party.Prasad said there has been a sudden increase in prices after the submission of the report of the 6th Pay Commission and this should be investigated.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
