This happened in a year which witnessed the overall increase in the CPSEs' profits from Rs 89,578 cr a year ago to Rs 91,140 cr. It is not linked to the global financial crisis, which resulted in the loss of jobs of 5 lakh workers during four-month period ending December 2008. The CPSEs' employee strength has been reducing since 2001-02, during which they had a staff of about 20 lakh. The number fell gradually to 16.14 lakh during 2006-07 and further to 15.7 lakh in 2007-08.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
Officials said the ceiling limits were revised to bring them on par with those for the three all India services -- Indian Administrative Service, Indian Police Service and Indian Forest Service.
The Indian government has announced staggered working hours for its employees in Delhi due to the severe air pollution in the city. The move comes after a week of 'severe' pollution levels, which have slightly improved but are still in the 'very poor' zone. The order also encourages employees to pool vehicles and use public transport to minimize vehicular pollution.
The protesters have been demanding their relocation to safe environments in the wake of a spurt in the attacks on the minority community members in the valley.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.
Setting the tone for Friday's trade unions' convention, representatives of the state and central government employees on Thursday gave a three-month ultimatum to the Centre to meet their demands, including restoration of the right to strike.
Congress leader Udit Raj criticized party colleague Shashi Tharoor for his reported remarks that India breached the Line of Control (LoC) for the first time during the 2016 surgical strike on a terror base, saying he should be declared a "super spokesperson of the BJP". Raj argued that India had crossed the LoC in 1965 and 1971, and that the UPA government had also conducted surgical strikes. Tharoor had reportedly said that India breaching the LoC to conduct a surgical strike was "something we had not done before". This is not the first time Raj has criticized Tharoor for his comments on India-Pakistan relations. Last month, Raj had hit out at Tharoor for his reported "no country has 100-per cent foolproof intelligence" remarks, questioning how Tharoor could be giving the BJP a "clean chit" on the Pahalgam terror attack. Tharoor had hit back at Raj, saying the latter is a former BJP MP and "is better qualified to understand who speaks for the BJP".
An Enforcement Directorate officer was arrested for demanding and accepting a bribe of Rs 20 lakh from a a government employee, the Directorate of Vigilance and Anti-Corruption (DVAC), said on Friday.
Employees can avail of two more holidays on their own from the list of 36 restricted holidays that have been notified.
'The Railways is today running train services with 30% less number of loco pilots.'
"In view of the crisis arising out of Covid-19, it has been decided that additional instalment of dearness allowance payable to central government employees and dearness relief (DR) to central government pensioners due from January 1, 2020, shall not be paid. "The additional instalment of DA and DR due from July 1, 2020, and January 1, 2021, shall also not be paid," the department of expenditure said in an office memorandum.
The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.
An 18-year-old Nepalese student of the Kalinga Institute of Industrial Technology (KIIT) in Odisha's Bhubaneswar was found hanging from the ceiling fan of her hostel room on Thursday, police said.
Central government employees and pensioners will get an additional 6 per cent dearness allowance from next month, putting a burden of over Rs 6,000 crore (Rs 60 billion) on the exchequer.
The Supreme Court has extended the services of terminated teachers in West Bengal who were found untainted by the CBI, providing relief to the state. The court did not, however, extend the services of grade 'C' and 'D' employees of state-run and aided schools. The court directed the state government to start the recruitment process by May 31 and conclude it by December 31.
Taxpayers have been advised to file accurate particulars of their income and contact details, and not to fall prey to agents or intermediaries promising undue refunds.
"According to you Congress should guarantee foolproof intelligence to BJP and nothing should be asked of the BJP," Raj said in a post on X.
'Let his soul rest in peace...We should all be proud of him in every way. And we will make him proud in every way'
The government employees must be considered for promotions in case meetings of the Departmental Promotion Committees (DPCs) are held after their retirement, the Centre has said.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
6 per cent increase in DA for Central govt employees
Entry-level employees were the most disappointed.
The employees are demanding salary parity with state government employees, seeking a pay scale adjustment to match that of their counterparts in the state sector.
Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.
However, under several external factors -- such as technological disruption or advancement, regulatory or policy changes, or economic shocks -- the gig workforce may grow only to 32.5 million by 2047, a report points out.
The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.
Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.
Amid heightened tensions between India and Pakistan, authorities in Delhi are taking precautionary measures, including installing air raid sirens, conducting mock drills, and deploying civil defence personnel. Security has been beefed up at vital installations and areas with high footfall, while the government has barred its employees from going on leave.
India's anti-corruption ombudsman, the Lokpal, has dismissed a complaint alleging corruption against former Chief Justice of India (CJI) DY Chandrachud, citing a lack of jurisdiction. The complaint, filed in October 2024, alleged abuse of office, corruption, and favoritism by Chandrachud while he was CJI. The Lokpal, in its order, concluded that sitting judges of the Supreme Court, including the CJI, are not subject to its jurisdiction under the Lokpal and Lokayuktas Act. The Lokpal stated that the Supreme Court was established by the Constitution of India, not an Act of Parliament, making it outside the scope of its jurisdiction.
All central government employees will be able to get 15 days of special casual leave (SCL) in case their parents or any dependent family members test Covid-19 positive, according to an order issued by the personnel ministry.
The Union government has decided to resume biometric attendance for employees of all levels from November 8, the Personnel Ministry said on Monday.
'That way you're not hostage just to US sort of exports to India.'
'40 percent of voters in Bihar will be excluded.'
The Union Cabinet has approved eight per cent hike in dearness allowance (DA) for central government employees with effect from January 1.
In a 'Holi' bonanza to central government employees and pensioners, the Union Cabinet on Thursday decided to increase the dearness allowance by three per cent.
The Pune police in May 2022 registered a case against 15 persons, including the managing trustee of the Ruby Hall Clinic and some of its employees, in connection with an alleged malpractice during a kidney transplant procedure in March that year.
The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th Pay Commission
