News for 'Pay Revision Commission'

Bank liable for fraudulent ATM withdrawal

Bank liable for fraudulent ATM withdrawal

Rediff.com1 Dec 2014

At times, banks violate all banking norms, resulting in a customer's accounts wiped clean through illegal ATM withdrawals.

Google's new Play Store policy making app developers nervous

Google's new Play Store policy making app developers nervous

Rediff.com13 Nov 2020

Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.

Govt approves 7% hike in DA; raises it to 107%

Govt approves 7% hike in DA; raises it to 107%

Rediff.com4 Sep 2014

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission, it said.

Sebi eases norms for raising funds during pandemic

Sebi eases norms for raising funds during pandemic

Rediff.com25 Jun 2020

The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.

'Pandemic could potentially set us back a few decades'

'Pandemic could potentially set us back a few decades'

Rediff.com20 Jun 2021

'The future looks quite bleak unless we ramp up testing and start vaccinating on a war footing.'

Train fares to go up from January 1

Train fares to go up from January 1

Rediff.com31 Dec 2019

While suburban fares remain unchanged, ordinary non-AC, non-suburban fares were increased by 1 paise per km of journey. The Railways also announced a two-paise/km hike in fares of mail/express non-AC trains and four- paise/km hike in the fares of AC classes. The fare hike is also applicable to premium trains such as Shatabdi, Rajdhani and Duronto.

Did the Budget ignore the fiscal crisis?

Did the Budget ignore the fiscal crisis?

Rediff.com16 Jul 2019

'The Budget numbers presented severely underestimate the magnitude of the unstated fiscal crisis that we went through in 2018-2019, which cannot be conceivably be fully reversed in 2019-2020,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

RBI holds lending rate at 6.25%, reverse repo up by 25 bps

RBI holds lending rate at 6.25%, reverse repo up by 25 bps

Rediff.com6 Apr 2017

The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.

Will FY19 GDP grow at 7.5%? Oil prices may play spoilsport

Will FY19 GDP grow at 7.5%? Oil prices may play spoilsport

Rediff.com1 Jun 2018

The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.

After OROP, another demand taking shape within armed forces

After OROP, another demand taking shape within armed forces

Rediff.com15 Sep 2015

The military will now demand further pay and promotion parity with civilians

Inflation numbers show it's a double whammy for farmers

Inflation numbers show it's a double whammy for farmers

Rediff.com3 Jan 2019

While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.

Amit Shah assures early implementation of OROP

Amit Shah assures early implementation of OROP

Rediff.com4 Sep 2015

Bharatiya Janata Party President Amit Shah on Friday said the government will soon implement 'One Rank, One Pension' scheme even as agitating ex-servicemen threatened to intensify their protest if any unilateral announcement is made which does not meet their long-standing demand.

Govt clears bill to double tax-free gratuity to Rs 20 lakh

Govt clears bill to double tax-free gratuity to Rs 20 lakh

Rediff.com12 Sep 2017

The government initiated the process for amendment to the Payment of Gratuity Act, 1972, which applies to establishments employing 10 or more persons.

Round 1, Jio scores against Airtel, Voda Idea

Round 1, Jio scores against Airtel, Voda Idea

Rediff.com25 Jul 2019

Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.

Why economists are against deferring fiscal goals

Why economists are against deferring fiscal goals

Rediff.com21 Dec 2015

Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.

Airlines' body demands roll back in jet fuel prices

Airlines' body demands roll back in jet fuel prices

Rediff.com2 Mar 2016

FIA is a body of four established domestic private airlines -- Jet Airways, IndiGo, SpiceJet and GoAir.

Why India is expected to weather global volatility

Why India is expected to weather global volatility

Rediff.com5 Oct 2015

India's real GDP growth is set to exceed 7 per cent for CY-2015.

Trade unions stick to September 2 strike, reject govt's wage hike

Trade unions stick to September 2 strike, reject govt's wage hike

Rediff.com30 Aug 2016

Trade unions said Jaitley's minimum wage announcement is completely inadequate

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

'Economy is not growing, it's only recovering'

'Economy is not growing, it's only recovering'

Rediff.com12 Jan 2021

'In 2016, we had De-Mon and in 2017, we had GST.' 'The combined impact of these two started showing up in 2019 and 2020.' 'COVID-19 only added insult to injury.'

Why has Kejriwal promised to abolish property tax

Why has Kejriwal promised to abolish property tax

Rediff.com7 Apr 2017

The poll promise is an attempt to woo the middle-class and rich voters in the wake of the party's growing unpopularity.

Retrospective benefits on gratuity not on the cards

Retrospective benefits on gratuity not on the cards

Rediff.com7 Jun 2018

The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines

Phased pension hike likely to meet fiscal deficit target

Phased pension hike likely to meet fiscal deficit target

Rediff.com24 Feb 2016

The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.

'Banks to recover 48% from NPA accounts in RBI list'

'Banks to recover 48% from NPA accounts in RBI list'

Rediff.com18 Apr 2018

The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.

The chinks in India's arbitration laws

The chinks in India's arbitration laws

Rediff.com22 Oct 2020

Treaty

Govt raises natural gas price to $5.61/unit

Govt raises natural gas price to $5.61/unit

Rediff.com18 Oct 2014

RIL has been selling gas from KG-D6 at the same price since it started production in April 2009.

Why Isha Singh Wanted To Join The IPS

Why Isha Singh Wanted To Join The IPS

Rediff.com2 Dec 2021

'Many enter the civil services with the desire to do good work but get beaten by the system, step back or become part of it.' 'Ten fantastic officers out of 100 can completely change the game.'

Pace of seeding Aadhaar numbers with bank accounts still a concern

Pace of seeding Aadhaar numbers with bank accounts still a concern

Rediff.com10 Jun 2013

The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.

NSEL defaults again, by a huge margin

NSEL defaults again, by a huge margin

Rediff.com11 Sep 2013

Acting according to the process directed by the Forward Markets Commission, the exchange realised Rs 7.77 crore (Rs 77.7 million) by auctioning underlying commodities in members' warehouses.

Govt may raise service tax rate in Budget

Govt may raise service tax rate in Budget

Rediff.com21 Dec 2015

Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17

OilMin behind EC stepping in on RIL gas price: Experts

OilMin behind EC stepping in on RIL gas price: Experts

Rediff.com23 Mar 2014

If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.

'Around one lakh jobs are created in colleges itself'

'Around one lakh jobs are created in colleges itself'

Rediff.com2 Aug 2019

'More than 1,000 start-ups are created from colleges, and more start-ups are coming up every year.'

Rajan may opt for status quo on rate

Rajan may opt for status quo on rate

Rediff.com5 Aug 2016

RBI is expected to discuss about the impact of GST in its monetary policy.

OROP row: Veterans accuse Govt of 'shifting goalpost'

OROP row: Veterans accuse Govt of 'shifting goalpost'

Rediff.com4 Sep 2015

The Deadlock over 'One rank, One Pension' persisted on Thursday with agitating ex-servicemen accusing the government of "constantly shifting goalpost" and "wasting time" even as a fresh round of back-channel talks were held.

How household savings recovered quickly post DeMo

How household savings recovered quickly post DeMo

Rediff.com12 Mar 2018

According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban

'Indian equities will outshine emerging markets'

'Indian equities will outshine emerging markets'

Rediff.com1 Jul 2016

'We have seen a host of businesses across sectors generate economic value and wealth for investors.'

'Behaviour of protesting war veterans unlike that of a soldier,' says Parrikar

'Behaviour of protesting war veterans unlike that of a soldier,' says Parrikar

Rediff.com10 Nov 2015

Defence Minister Manohar Parrikar on Tuesday said the behaviour of war veterans protesting the notification on OROP scheme is "unlike that of a soldier".

Govt yet to receive proposal for reducing retirement age

Govt yet to receive proposal for reducing retirement age

Rediff.com18 Dec 2014

The govt has not received any proposal to reduce retirement age of employees.