The court was hearing petitions challenging the Aadhaar scheme.
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
Officials said the CBI has not felt the need to issue LOCs against public servants so far because they cannot leave the country without intimating the government.
Tough opposition from Left parties notwithstanding, the government has opened a window of opportunity for foreign companies for managing pension funds of central and state government employees.
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
Mutual funds are set to bag a huge chunk of the nearly Rs 3,05,000 crore cash reserves of the public sector companies.
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
Most of the lenders had informed their customers in advance about the strike call given by All India Bank Employees Association (AIBEA), All India Bank Officers' Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh (BKSM), and its impact on banking services.
Relatively a lesser degree of damage, including those to houses marked the landfall of cyclonic storm Mandous in Tamil Nadu and at least four people were killed in rain-related incidents, authorities said in Chennai on Saturday.
The sixth central Pay Commission is examining the feasibility of introducing performance-linked salaries for government employees. The commission has constituted a study group headed by Indian Institute of Management, Ahmedabad Professor Biju Varkkey to develop a model on these lines.The study group has submitted interim reports and is expected to send its final report soon.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.
The Congress expressed its 'whole-hearted' support to the 'Bharat bandh' called by farmer unions against the new agri-marketing laws and announced that it will hold protests that day at all district and state headquarters in solidarity with the demands of the farmers. TRS president and Chief Minister K Chandrasekhar Rao said the party rank and file would actively participate in the bandh to ensure it was a success.
Leader of Opposition Mallikarjun Kharge and some other members sought that the bill be referred to a standing committee for scrutiny.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
Terrorists have stepped up attacks in the Kashmir valley over the past week.
The move comes following a recent verdict by the Supreme Court in this regard.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore (Rs 93.03 billion) per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance.
The ban has been in force since last Friday.
In a liberal proposal, the Sixth Central Pay Commission has recommended full pension benefit to government employees after 20 years of service, as against the existing 33 years. The hike in gratuity limit to Rs 10 lakh, exclusion of the earned leave encashed while in service from the overall limit, clubbing of earned leave and half-day pay leave for encashment and higher pension to octogenarians are the other liberal steps suggested by the commission.
The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.
Enclosing the money with a letter, the workers affiliated to the Gram Swaraj Mazdoor Sangh "expressed concern" at the "meagre" hike as they felt that the central government was facing "paucity of funds", otherwise the wages would have definitely increased in tune with Jharkhand's minimum daily wage which is Rs 212.
"That is a fact of life because we are not being able, after 75 years, to bring the SCs and STs to the same level of merit as the forward classes," Attorney General K K Venugopal told a bench headed by Justice L Nageswara Rao.
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent. The proposal is expected to be considered and approved during the EPFO trustees' meeting scheduled to be held on July 29 and 30, according to a source. At present, EPFO can investment 5 to 15 per cent of the investible deposits in equity or equity-related schemes.
Taxation has played spoilsport despite double digit returns.
The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
The government should not go in for an 'aggressive fiscal consolidation' in the upcoming Budget as global risks have not abated, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Wednesday. Goyal further said subsidies are expected to come down as food and energy inflation moderates. WPI inflation in food articles in November was 1.07 per cent against 8.33 per cent in the previous month.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
The Election Commission on Friday directed officials for a review of the deletions and additions in the electoral rolls of three assembly seats in Karnataka and ordered the suspension of two additional district election officials after allegations of 'electoral fraud' in the state.
Even today when news organisations and their owners have stooped before the powers that be when they were only asked to bend, Prannoy is still standing tall, asserts Sanjay Ahirwal, , former managing editor, NDTV Worldwide.
'Now, we have a minimum pension of Rs 1,000 annually.'
Banking operations are likely to be hit hard on Friday as three employees unions have called for a nationwide strike to oppose outsourcing of services, demand recruitment of staff and one more pension option.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.
The finance ministry has received over 600 names of Indians who have accounts in HSBC Bank's Switzerland branch, from the government of France.These names were obtained by the French government after an employee of HSBC Bank became a whistleblower. He took refuge in France and brought along a long list of account holders who have allegedly stashed money in the Swiss branch of HSBC Bank. Now the Indian government is sitting tight on those names.
The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.
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