Economy News

75 railway stations to get station directors

Station directors to be appointed at A1 railway stations will have multiple responsibilities.

Nov 2, 2016

Salary of MPs likely to be doubled

If the revised salary structure comes into force, an MP would get Rs 1 lakh as basic pay.

Nov 2, 2016

7th Pay Commission: 42% of total hiring during CY2010-13 was in Indian Railways, reveals panel

Out of 5.70 lakh Central government staff hired, 2.40 lakh were for Indian Railways, according to the 7th Pay Commission.

Nov 1, 2016

India factory output rises to 22-month high in October

The Nikkei/Markit Manufacturing Purchasing Managers' Index shot up to 54.4 in October from September's 52.1.

Nov 1, 2016

Adani Ports to deleverage further, says Fitch

The company recorded 12 percent year-on-year growth in cargo volumes to 85.1 million tonnes.

Oct 31, 2016

AP, Telangana top ease-of-doing-business list; Gujarat slips to number three

Chhattisgarh, Madhya Pradesh and Haryana occupied the fourth, fifth and sixth slots.

Oct 31, 2016

Zojila tunnel project worth Rs 10,000 crore to be built using govt funds

National Highways and Infrastructure Development Corporation Limited will build the tunnel in Jammu and Kashmir.

Oct 31, 2016

7th Pay Commission: Odisha government employees get Diwali gift; Centre clarifies on disability pension

The decision to implement 7th Pay Commission's proposals will benefit about seven lakh Odisha government employees and pensioners; Centre issues notification on disability pension for defence forces.

Oct 30, 2016

Singapore: Employment growth in Q3 slows almost to 2009 crisis levels

For the quarter ended September 2016 (Q3), Singapore posts 0.8 percent growth in employment, YoY.

Oct 28, 2016

Govt to divest stake in BEML, Pawan Hans, Hindustan Newsprint, other PSUs

Units of Cement Corporation of India, steel plant of NMDC and Durgapur plants of SAIL will also be sold.

Oct 28, 2016

7th Pay Commission: Good news for contract staff this Diwali

Justice JS Khehar, heading the bench at the apex court said it based its judgement on the principle of 'equal pay for equal work'.

Oct 27, 2016

Nasscom hints at lowering revenue guidance for FY 2017; IT stocks down

The earlier revenue growth estimate for fiscal 2017 given by IT industry body Nasscom was 10-12 percent.

Oct 27, 2016

Office space absorption falls QoQ in September quarter: Colliers India

Pune, Bengaluru, and Hyderabad will witness demand revival in coming months, but Mumbai and Delhi will stagnate.

Oct 26, 2016

7th Pay Commission: Here is the lowest allowance likely to be abolished

The 7th Pay Commission examined 196 allowances currently paid to Central government employees.

Oct 26, 2016

IRCTC issues dos and don'ts to passengers on e-tickets

On the eve of Vigilance Awareness Week 2016, IRCTC guides on how to be careful while booking e-tickets and meal orders.

Oct 26, 2016