India moving in right direction on GST, says Panagariya.
The Plan Panel was set up by a simple government resolution in March 1950 had withstood many political and economic upheavals.
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.
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.
DA was last revised in September last year from 100 per cent of basic pay to 107 per cent.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
'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.
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.
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.
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 foundation of the Bhima Koregaon case was blown to bits by a senior policeman, reports Jyoti Punwani.
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.
Government employees enjoy a pay revision every five years, unlike once in every 10 years for central government employees, and draw relatively higher salary.
'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.
Senior advocate C Aryama Sundaram, appearing for EPS, mentioned before a bench of Justices Dinesh Maheshwari and Hrishikesh Roy and raised concerns over the problems in filing nominations in the Erode (East) by-election.
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.
The government on Wednesday announced that dearness allowance for govt employees has been hiked to 6 per cent.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
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.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
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
Lakhs of students appear for it every year. How are you preparing for it?
The "additional remuneration" includes monthly pay of Rs 1 crore, rent free furnished accommodation, medical expenses for him and spouse along with use of chauffeur driven company car for personal use and coverage under personal accident insurance. He will also be entitled to commission between Rs 30-60 lakh as sitting fees for attending meetings of board and committees of the company for each financial year.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission, it said.
The RBI announced its monetary policy on Tuesday.
Wednesday's hawkish and essentially courageous decision underscores that Governor Urjit Patel will largely represent continuity, rather than a break, with the policies and approach of his predecessor, says Richard Iley.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.
Parrikar's statement did not go down well with the protesters who said they are "disheartened".
We should work in unison to boost growth: FM
Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.
Uddhav Thackeray dared PM Modi to fulfil Savarkar's dream of "akhand Bharat"
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