Congress Vice President Rahul Gandhi backed the long-pending demand of 'One Rank, One Pension' for former servicemen assuring them that he will make all efforts to ensure it is met at the earliest.
The Plan Panel was set up by a simple government resolution in March 1950 had withstood many political and economic upheavals.
'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
DA was last revised in September last year from 100 per cent of basic pay to 107 per cent.
Bhaichung Bhutia, India's iconic former football captain, is set to try his political luck again, this time in his native state of Sikkim, as he plans to contest the assembly elections due this year.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
The Indian Police Service Association in Jharkhand wrote to Prime Minister Manmohan Singh to bring to his notice 'injustice' towards the IPS in the recommendations of the sixth Pay Commission. They feel the commission has not only maintained, but increased the IAS' 'edge' over the IPS.
'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
RBI may go for a 25-basis point cut at its February policy meet.
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
In a statement, Pfaff also noted that the countries Netaji had approached were the only ones willing to support the fight against a common adversary.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Capex for next year expected to be up 25% to Rs 3 lakh crore
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
For four days, the officer avoided giving any straight answers, becoming the first witness in the 48 witnesses that have appeared so far, to have achieved this feat.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
'We failed as a country because those who should have been there to say goodbye did not show up.'
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
Government employees enjoy a pay revision every five years, unlike once in every 10 years for central government employees, and draw relatively higher salary.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
'In the last decade, Parliamentarians had sought for an increase of 400 per cent for their compensation.' 'Have we really earned this massive increment?'
Finance Minister Arun Jaitley will take a final call on whether to break the tradition of presenting a separate Rail Budget, by merging it with the General Budget.
Defence Minister Manohar Parrikar on Wednesday indicated that the post of Chief of Defence Staff could be a reality soon, a day after Prime Minister Narendra Modi marked defence reforms as a priority and stressed that "jointness at the top" was a need long overdue.
The finance minister said the economy had been slowing.
Pakistan celebrated its 77th Independence Day on Monday.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
The two parties agreed further that no unilateral decision on cut in Productivity Linked Incentive would be taken. ICPA sources added that some suspended pilots would be reinstated.
The government on Wednesday announced that dearness allowance for govt employees has been hiked to 6 per cent.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
RBI is expected to discuss about the impact of GST in its monetary policy.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
The foundation of the Bhima Koregaon case was blown to bits by a senior policeman, reports Jyoti Punwani.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
Lakhs of students appear for it every year. How are you preparing for it?
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission, it said.
