Economy News

pay commission allowances states hike salary increase government staff finances rbi 7th cpc why no tripura odisha karnataka jharkhand modi govt salary protest strike september 2 one day

7th Pay Commission: Here is what the panel said on salary hike for state government staff

The 7th Central Pay Commission speaks at length on whether states are financially capable of giving hike to government employees.

Nov 5, 2016

New UK visa rules for non-EU citizens set to affect Indian IT professionals

The changes include raised salary thresholds for different categories and modified English language requirements.

Nov 4, 2016

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

How is the 4-tier GST structure going to affect you?

The central government plans to roll out the new tax law from April 1, 2017.

Nov 4, 2016

Bank of England predicts rising inflation and real income slow down

Mark Carney, Governor of the Bank Of England, announced that it expects inflation to hit 2.75% by the end of 2018, as well as food, energy and clothes prices rising even faster with wages not keeping up. For now interest rates remain the same but post-Brexit growth will be faster this year than the Bank previously predicted.

Nov 3, 2016

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GST Council finalises 4-tier tax structure

Essential items including food will be taxed at zero rate, while the 5% rate would be applicable on common use items.

Nov 3, 2016

Fuel supply across India to be hit on November 3 and 4 as petroleum dealers go on strike

Even though petrol bunks will remain open, over 54,000 fuel outlets are expected to participate in the strike.

Nov 3, 2016

budget 2017, indian railways, railway budget 2017

75 railway stations to get station directors

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

Nov 2, 2016

Twitter users have a good laugh about Rs 500 and Rs 1000 withdrawal

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 cpc, pay commission, nps, pension, nfir, letter to modi, railway employees

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 pmi factory output gdp inflation retail rate repo growth high production goods workers

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

disability pension, odisha government pay commission cpc allowances salary hike increase money defence forces anomaly committee modi govt manohar

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 q3 consumption gdp economic growth weak jobs losses recruitment country asia tepid challenges investment banks global crisis

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

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Economy News

7th Pay Commission: Here is what the panel said on salary hike for state government staff

New UK visa rules for non-EU citizens set to affect Indian IT professionals

How is the 4-tier GST structure going to affect you?

Bank of England predicts rising inflation and real income slow down

GST Council finalises 4-tier tax structure

Fuel supply across India to be hit on November 3 and 4 as petroleum dealers go on strike

75 railway stations to get station directors

Salary of MPs likely to be doubled

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

India factory output rises to 22-month high in October

Adani Ports to deleverage further, says Fitch

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

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

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

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

Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

IPL 2022: RCB vs RR live-stream, squad, timings and everything you need to know about today's match

Cricket scam continues to haunt Farooq Abdullah; ED summons NC president for questioning [details]