News for 'Pay Commission'

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Plea in SC for court-monitored SIT probe into electoral bonds scheme

Rediff.com14 May 2024

A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.

No arrears to be paid before poll

No arrears to be paid before poll

Rediff.com21 Feb 2009

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.

Vigilance Commission quizzes DoT

Vigilance Commission quizzes DoT

Rediff.com21 Jan 2008

The Vigilance Commission has asked DoT to justify its decisions regarding spectrum allocation to GSM operators.

Hooch Tragedy: Will TN Go Dry?

Hooch Tragedy: Will TN Go Dry?

Rediff.com21 Jun 2024

Ironically, rival Tamil Nadu governments expend the most on social welfare schemes, especially targeting women and youth and children, but that money comes only by selling more liquor. There is always the specious plea, which has been peddled very many times in the past, that without licensed liquor, drinkers would go after hooch and there could be more hooch tragedies and hooch deaths. No one is convinced, but no one can dispute it either, comments N Sathiya Moorthy.

A General's letter in anguish to the PM

A General's letter in anguish to the PM

Rediff.com27 Apr 2008

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.

Govt job: Perform well to get hikes

Govt job: Perform well to get hikes

Rediff.com16 Feb 2007

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.

Markets pare gains to end flat; auto, IT gain, aviation stocks fall

Markets pare gains to end flat; auto, IT gain, aviation stocks fall

Rediff.com20 Nov 2015

Overnight, the Wall Street closed on a flatter note.

Lalu blames BJP for price rise

Lalu blames BJP for price rise

Rediff.com11 Apr 2008

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.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'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.'

State-run banks have to brace for fewer holidays

State-run banks have to brace for fewer holidays

Rediff.com25 Mar 2008

The move, if implemented, could change the way banks transact business. For starters, the loyal public sector bank customers could be the biggest gainers, with the Pay Commission recommending that government offices should stay closed only on the three national holidays -- Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2). All cheque clearances are expected to be faster and make money available in your accounts earlier than at present.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Rediff.com1 Sep 2021

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).

'Only Cure For Migration Is To Create Jobs'

'Only Cure For Migration Is To Create Jobs'

Rediff.com18 May 2024

The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.

How Senior Citizens Can File ITRs

How Senior Citizens Can File ITRs

Rediff.com12 Jun 2024

Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.

Government cons the military, again

Government cons the military, again

Rediff.com30 Dec 2008

The only sensible solution is in having a separate pay commission for the armed forces.

53 dead in TN hooch tragedy, govt rules out CBI probe

53 dead in TN hooch tragedy, govt rules out CBI probe

Rediff.com22 Jun 2024

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.

MoSha Have Left Nothing To Chance

MoSha Have Left Nothing To Chance

Rediff.com30 Nov 2023

The five-state assembly elections are seen as a now-or-never, no-holds battle for the Congress, points out N Sathiya Moorthy.

India didn't get its math right with salary hike, learn how Singapore does it

India didn't get its math right with salary hike, learn how Singapore does it

Rediff.com24 Nov 2015

Salary hike is fine but govt must reduce support staff to get its math right.

How I Nearly Got Scammed!

How I Nearly Got Scammed!

Rediff.com5 Jan 2024

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.

'Budget Is Not Serious About Jobs'

'Budget Is Not Serious About Jobs'

Rediff.com29 Jul 2024

'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.'

Power Grid Corporation stock in expensive zone

Power Grid Corporation stock in expensive zone

Rediff.com12 Jun 2024

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.

Excise 'scam': Court says Kavitha 'prima facie' destroyed evidence

Excise 'scam': Court says Kavitha 'prima facie' destroyed evidence

Rediff.com8 Apr 2024

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.

In FY21, TCS boss Rajesh Gopinathan took home Rs 20.36 cr pay package

In FY21, TCS boss Rajesh Gopinathan took home Rs 20.36 cr pay package

Rediff.com19 May 2021

In 2019-20, Gopinathan had received a total remuneration of Rs 13.3 crore. According to TCS' annual report for 2020-21, Gopinathan received Rs 1.27 crore in salary, Rs 2.09 crore in benefits, perquisites and allowances, and Rs 17 crore in commission. TCS chief operating officer N Ganapathy Subramaniam drew a pay package of about Rs 16.1 crore in the last financial year. This includes Rs 1.21 crore in salary, Rs 1.88 crore in benefits, perquisites and allowances, and Rs 13 crore in commission.

Stir continues: Farmers after last rites of farmer died in police clash

Stir continues: Farmers after last rites of farmer died in police clash

Rediff.com29 Feb 2024

The farmers also marched along the ambulance and demanded action against those who are responsible for his death.

What led to basement flooding which killed 3 students

What led to basement flooding which killed 3 students

Rediff.com29 Jul 2024

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.

EU Commission proposes $8 bn loan for Greece

EU Commission proposes $8 bn loan for Greece

Rediff.com17 Jul 2015

Under the Commission proposal, Greece would get the whole 7 billion in one go

SC appoints commission to inquire into 2006 Meerut fire mishap

SC appoints commission to inquire into 2006 Meerut fire mishap

Rediff.com31 Jul 2014

The Supreme Court on Thursday appointed a one-member commission headed by its ex-judge S B Sinha to inquire into 2006 Meerut fire tragedy in which around 60 people died and directed the Uttar Pradesh govt to pay an interim compensation of Rs 5 lakh each to the family members of the deceased.

Union Budget may toe the line on pay panel proposals

Union Budget may toe the line on pay panel proposals

Rediff.com26 Feb 2016

The finance minister may stagger some of the recommendations.

BSE: Top gainers and losers

BSE: Top gainers and losers

Rediff.com29 Jun 2016

The S&P BSE Sensex rose 216 points to end at 26,740 and the Nifty50 gained 76 points to close at 8,204.

European Commission fines 9 pharma firms, including Ranbaxy

European Commission fines 9 pharma firms, including Ranbaxy

Rediff.com19 Jun 2013

According to information available on the European Commission website, Ranbaxy Laboratories has been fined euro 10.32 million (over Rs 80 crore).

Hold consumption-related stocks for long term

Hold consumption-related stocks for long term

Rediff.com24 Sep 2016

Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

Railway unions vote for indefinite general strike

Railway unions vote for indefinite general strike

Rediff.com24 Jan 2014

About a million railway employees participated in the strike ballot of NFIR. In December, 800,000 employees participated in the strike ballot conducted by another leading union, the All India Railwaymen Federation, with 96 per cent voting in favour of a strike.

Electoral bonds list topper had first brush with law in 2011

Electoral bonds list topper had first brush with law in 2011

Rediff.com15 Mar 2024

Santiago Martin has funded Rs 1,368 crore to political parties between October 2020 to January 2024 through electoral bonds.

Gehlot's Political Response To Farmers' Debt Problem

Gehlot's Political Response To Farmers' Debt Problem

Rediff.com23 Aug 2023

Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.

'What can the BJP do if our opponents ran away from the Surat battlefield?'

'What can the BJP do if our opponents ran away from the Surat battlefield?'

Rediff.com26 Apr 2024

'Can we force somebody to contest and fight an election when they don't want to contest an election?'

West Bengal: Debt-ridden state faces uphill task

West Bengal: Debt-ridden state faces uphill task

Rediff.com8 Jul 2016

The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.

'Once again Modi has done jumlabaazi'

'Once again Modi has done jumlabaazi'

Rediff.com6 Feb 2019

'He is not looking at the interest of farmers. He only wants to do the politics of elections.' 'This Budget is for the new super India. It is exploiting the villages of Bharat.'

Banks to get commission for unlocking household gold: RBI

Banks to get commission for unlocking household gold: RBI

Rediff.com22 Jan 2016

Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports

Top 500 ranking, no online class: Rules for foreign universities in India

Top 500 ranking, no online class: Rules for foreign universities in India

Rediff.com8 Nov 2023

The guidelines have been prepared in line with the National Education Policy (NEP) 2020 that has envisioned that top universities in the world will be facilitated to operate in India.

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

Rediff.com9 Aug 2023

The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.