Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
Suggestions have been invited from the public to improve the draft bill and July 19 is the last date for it.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
Finance Minister Nirmala Sitharaman on Wednesday said the National Rural Livelihood Mission has achieved remarkable success by mobilising rural women into 1 lakh SHGs (self help groups).
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
Social activist Anna Hazare on Saturday said he has decided to suspend his agitation scheduled on October 2 in New Delhi as the Central government allowed the Land Ordinance to lapse and implemented the One Rank One Pension OROP) for ex-servicemen.
Interacting with representatives from NGOs, Congress leader Rahul Gandhi on Monday asked opposition parties to fix a date to help government pass bills on which there is general consensus.
'Where in the world you get 12.5 per cent return of interest?'
The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day
The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Jaitley has announced increasing the super-rich surcharge to 12%.
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
The former defence minister said that all formalities were completed and all orders issued on OROP but its implementation is not being done by the Modi government.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
The chief minister and his wife Kamlesh Thakur presented a cheque of Rs 51 lakh to chief secretary Prabodh Saxena at their official residence in Shimla.
Maharashtra Chief Minister Uddhav Thackeray on Sunday night announced a statewide curfew in Maharashtra for 15 days from April 14. However, he clarified, essential services were exempt from the curbs.
The 'partial withdrawal' is however allowed only after 10 years of contribution by the subscriber, said the draft guidelines by the Pension Fund Regulatory and Development Authority.
The results of the assembly elections in Gujarat and Himachal Pradesh are also likely to play out during the start of the session.
The PFRDA Act would give statutory status to the pensions sector regulator, and in addition to other objectives, aims to address apprehensions regarding safety and yield under the National Pension System.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
Finance Minister Arun Jaitley more than halved the central government's financial support.
The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
Tejashwi said the NDA won the assembly elections through "deceit".
MFs continue to find it difficult to attract and retain long-term money from investors
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO). Anchor Investors' (AIs) portion (5,92,96,853 equity shares) was subscribed at Rs 949 per equity share, the insurer said in an early morning filing to exchanges. Out of the allocation of about 5.9 crore shares to AIs, 4.2 crore shares (71.12 per cent) were allocated to 15 domestic mutual funds through 99 schemes, the filing said.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Veterans bemoan the 'lack of intention' shown by the Modi sarkar, who seem to have reneged on their poll promise.
Modi said the newly-sworn in government took four major decisions related to farmers' and traders welfare in the first meeting of the Union Cabinet.
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
The government should keep the interest of unemployed youth paramount and bring out various policy aspects of this initiative, Varun said.
The scheme is aimed at slashing the salary and pension bills of the three services, which have been increasing rapidly.
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