'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'
The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.
Abdur Rahman, posted as special IGP in Mumbai, has sad that he won't attend office from Thursday in protest against 'blatantly communal and unconstitutional' CAB.
Refusing to link his seeking voluntary retirement, a year before his superannuation, to his transfer to the relatively low profile power ministry, he said that he had conveyed his decision to the Prime Minister's Office on July 18.
Sharmaji Namkeen is Rishi Kapoor's swansong and show. His cinematic memories are coloured in liveliest hues of celebration and happiness, observes Sukanya Verma.
According to an official in the state power department, the government has given nod to the West Bengal State Electricity Distribution Company to approach the West Bengal Electricity Regulatory Commission for a further tariff hike and a proposal has been moved in this regard
"I am now a free citizen of India like you. I am no longer the DGP. So, no service rules apply to me anymore. Thousands of people are coming from Buxar, Begusarai, Jehanabad, Aurangabad and other districts. I will take a decision after talking to them. Contesting elections is not illegal," he told journalists.
The resident doctors at the North Delhi Municipal Corporation's 450-bedded Kasturba Hospital and Hindu Rao Hospital have claimed that they have not been paid salary since March. Many doctors and other staff have tested positive for COVID-19 till date at both hospitals.
The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003.
Mobile operators with the exception of Reliance Jio are in a much worse financial condition than expected earlier. The combined borrowing of the four incumbent operators - Bharti Airtel, Vodafone Idea, Bharat Sanchar Nigam (BSNL), and Mahanagar Telephone Nigam (MTNL) - reached an all-time high of Rs 3.85 trillion at the end of March this year. The companies' combined debt was up 22.4 per cent year-on-year last financial year against 8.3 per cent growth in their borrowing in the previous year. As a result, the incumbent operators' debt-equity ratio shot up to an unsustainably high level of 6.83X at the end of March this year from 2.3X at the end of March 2020. This was largely due to big losses reported by all these companies last financial year. The four incumbent operators racked up combined net losses of Rs 70,000 crore in FY21.
The contractual workers at Halol were severed by 2016 as the contracts were not renewed, while the permanent workers were offered a separation package in the form of a voluntary retirement scheme
The EoI and the share purchase agreement would be issued in January itself for the bidders. While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
The government is betting on the fact that it will be conducive for the new owner to give voluntary retirement scheme
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
Pandey, a daring IPS officer known for his rustic mannerisms, had sought voluntary retirement in 2009 amid speculation that he wanted to contest the Lok Sabha election from Buxar.
Over 1,000 employees of Air-India are expected to avail of the voluntary retirement scheme, for which the airline would have to bear financial burden of about Rs 57 crore.
The government has cleared a second round of voluntary retirement scheme for shedding 10 per cent of the total workforce of public-sector general insurance companies involving a cash outgo of Rs 1,000 crore.
Steel Authority of India Ltd has informed BSE that rehabilitation package for IISCO approved by the Govt of India includes closure of Kulti Works.
The rating agency revised the outlook for EXIM, SBI, Bank of Baroda, Bank of Baroda (New Zealand), Bank of India, Canara Bank, Punjab National Bank, ICICI Bank, Axis Bank while affirming their ratings. At the same time, Fitch has affirmed IDBI Bank Ltd's (IDBI) rating, while maintaining the outlook at negative.
'Swamy's complaint about Rahul's citizenship is baseless'
This means only about 8000 employees will be left with the carrier over the next five years.
Yadav's family had expressed desire to meet the DG following which the meeting was arranged.
Reebok's staff to get voluntary retirement option, stores may be reduced by a third.
Last week, Nokia offered financial help to employees who wished to explore opportunities elsewhere
The Department refused to allow transfer of the plant till the dues claimed by the department are not remitted by the company.
Industries Minister P Thangamani told the assembly. He was responding to a query by A Sounderrajan of CPI-M.
Leaders of agitating ex-servicemen over One Rank One Pension met Defence Minister Manohar Parrikar on Saturday night after which they said the government was likely to come out with a "clarification" on its applicability to those who have opted for premature retirement.
In the continuing war of words between Congress and Trinamool Congress, the two ruling allies in West Bengal, Union Rural Development minister Jairam Ramesh on Friday defended his comment that Congress had not taken a VRS from the state and said it would continue to speak its mind on the state's affairs.
Over 9,000 personnel have left central paramilitary forces this year owing to reasons varying from domestic problems to deployment in remote and difficult terrains, besides VRS schemes and death or disability.
Pandey had hit the headlines recently for his vocal condemnation of the non-cooperation meted out to the Bihar police team that had visited Mumbai to probe the death of Patna-born actor Sushant Singh Rajput.
Beset with problems of poor training and amenities, the Central Reserve Police Force saw over 90 of its field commanders either resigning or taking voluntary retirement over the last four years.
"Cash is still quite high in the system. There is also stocking of Rs 2,000 notes in evidence. The expansion of digital payments is taking place all over the world. It is happening in India as well. The pace is much slower," S C Garg, who took VRS from government service after he was abruptly shifted out of the finance ministry, said in a note.
The Tribunal passed the order on a plea of a Delhi Transport Corporation employee, who alleged that he had not been given the pensionary benefits after he opted for voluntary retirement scheme and sought directions for relief. The CAT noted that the pension scheme was there as per the Central Civil Services (Pension) Rules and minimum incumbency of 20 years of service was required for a person to claim pension as a matter of right.
Former India captain Sourav Ganguly on Tuesday confirmed media reports that his family received two letters threatening that his daughter Sana would be kidnapped.
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