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.
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.
The RBI announced its monetary policy on Tuesday.
'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?'
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.
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.
Govt resists pay panel suggestion on scrapping allowances for acting, bad climate, family planning, funeral, robe maintenance and even hair cutting.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
President Pranab Mukherjee administered the oath of office and secrecy to Justice Kehar at the Darbar Hall of Rashtrapati Bhawan.
Rahul was leading a candle light march organised by the Delhi Congress unit from Jantar Mantar to India Gate when police personnel restrained him
Raha said the force has the power to punish its enemy, but a decision on using it in an offensive role will have to be taken by the government.
The government initiated the process for amendment to the Payment of Gratuity Act, 1972, which applies to establishments employing 10 or more persons.
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.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Jeet Singh, the constable, talks about how his colleagues in the force work in the absence of medical facilities or pensions.
"The main risk stems from the uncertainty surrounding the outcome of the south west monsoon in view of the rising probability of an El Nio event around July-August, and its implications for food inflation," RBI said, as it kept the status quo on key interest rate for the third time in a row.
Officers responsible for preparing budgets say their detailed costing projections are mostly ignored. The defence ministry simply takes the previous year's budgetary allocations for each service and adds a small percentage to those.
In April, RBI had projected retail inflation to be around 5 per cent.
The delay in receiving the revised pension was due to problems in calculation at his bank's end.
The former BJP corporator was named by a villager in a police complaint made three days before the January 1, 2018 violence at Bhima Koregaon. Yet, the police did not include his name in the FIR.
She also slammed the Centre for its decision to observe January 23 as 'Parakram Diwas' to commemorate the birth anniversary of Netaji Subhas Chandra Bose and said the Narendra Modi government did not consult with her before announcing it.
India on Friday summoned a senior diplomat of the Pakistani high commission on the 13th anniversary of the 26/11 Mumbai terror attacks, and pressed for an expeditious trial in the case, saying the families of 166 victims from 15 countries are still awaiting closure.
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
While West Punjab became part of West Pakistan, East Punjab was given to India, and Bengal's division saw a large swathe of its eastern territory forming part of East Pakistan.
On the eve of Army Day, Army Chief General Bikram Singh says he will raise this issue with the Rajya Raksha Mantri, Jitendra Singh, who oversees the Department of Ex-Servicemen Welfare, reports Ajai Shukla.
Uddhav Thackeray dared PM Modi to fulfil Savarkar's dream of "akhand Bharat"
The repo or short term lending rate remains unchanged at 6.75 per cent and the reverse repo rate at 7.75 per cent.
He cautioned people against forces inside and outside India which are working against the country by targeting it and its constitutional values.
As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
India's GDP for the three-month period ended September 30 grew 7.4%.
Shivaji Pawar made a startling revelation: Though the subject matter of his investigation was the January 1 violence, he had not examined any of the witnesses to that violence.
There is no change in the syllabus or the test pattern that will be used for the online common entrance examination (CEE), the first level of screening in the recruitment procedure for Agniveers, a top Army official said on Thursday.
The government has introduced the Code on Wages Bill 2019 and the Occupational Safety, Health and Working Conditions Code Bill 2019 in Lok Sabha on July 23.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
'...and then get scaled down somewhat.' 'It will be difficult for any side to occupy meaningful territories, maybe just a bit here and there, and the destruction may vary on either side.'
Congress vice president Rahul Gandhi on Thursday accused Prime Minister Narendra Modi of indulging in political exploitation of the sacrifices of soldiers in remarks that come in the wake of cross-LoC surgical strikes on terror launch pads in Pakistan-occupied Kashmir.
Shah said a BJP government would protect and promote the cultural heritage and values of tribals.
