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7th Pay Commission

IB Times

7th Pay Commission: Modi Govt accepts proposals on promotion for employees

The 7th Pay Commission's proposals on promotion (MACP) ensure time-bound career progression for Central government staff. Oct 4, 2016
7th pay commission allowances hike central govt orop defence budget pay panel proposals pensioners india benefit money uri attack surgical strikes pakistan

7th Pay Commission: Uri attack, surgical strikes may delay decision on allowances, says report

The recommendations of the 7th CPC are applicable to 47 lakh central government employees and 53 lakh pensioners. Oct 3, 2016
two wheeler sales september share price india domestic sales exports hero tvs motor hmsi yamaha royal enfield suzuki performance

7th Pay Commission effect: Honda, Yamaha, Bajaj Auto two-wheeler sales spurt in September

Honda Motorcycle and Scooters, Bajaj Auto and India Yamaha post high domestic sales, riding on 7th CPC salary hike bonanza. Oct 3, 2016
7th cpc defence salary orop salary allowances hike anomalies high court notice air force army navy retired ex servicemen narendra modi govt manohar parrikar

7th Pay Commission: Punjab and Haryana High Court directs Central Govt to include armed forces in anomalies panel

The HC notice to the government was in response to a petition filed by a serving army officer over the 7th pay panel proposals. Sep 22, 2016
pay commission bonanza salary hike government employees allowances committee ashok lavasa finance secretary dampener money boost consumption

7th Pay Commission: Panel appointed to examine allowances could submit report soon

The committee headed by finance secretary was formed in June to look at hike in allowances. Sep 20, 2016
Manohar Parrikar

7th Pay Commission: Soldiers to get revised salaries from September

Core pay anomalies refers to comparative discrepancies in pay between army personnel, civilian counterparts and bureaucrats. Sep 17, 2016
Dun and Bradstreet Key Macroeconomic Forecast

India to grow 7.5% in FY17: Dun & Bradstreet report

A better investment climate is expected to boost economic prospects. Sep 10, 2016
pay commission bonanza karnataka govt employees cm siddaramaiah jubilee association lakhs of benefit hike salary

7th Pay Commission: Salary hike likely for Karnataka govt employees; CM hints at setting up new panel

Karnataka CM Siddaramaiah says state government would consider setting up pay commission to explore salary hike for employees. Aug 26, 2016
Indian rupee vs dollar

7th Pay Commission: Jharkhand appoints panel to examine salary hike for employees

A decision was taken on Tuesday by the Jharkhand government to appoint a fitment panel to look into 7th pay commission proposals. Aug 24, 2016
An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013

7th Pay Commission: Salary arrears to Central govt employees estimated at Rs. 34,600 crore

India Ratings has estimated the outgo over salary arrears for seven months and August as per the 7th pay commission proposals at Rs. 34,600 crore. Aug 17, 2016
inflation pay commission retail cpi wpi wholesale salary hike central govt pensioners 7th cpc staff central modi government

7th Pay Commission: Inflation could offset salary hike bonanza for Central government employees

Central government employees and pensioners have not much to cheer from 7th pay comission's salary hike benefit as inflation rises sharply. Aug 16, 2016
Indian parliament

7th Pay Commission: Central government employees can expect revised allowances by November

Finance Minister Arun Jaitley informed the Rajya Sabha about the panel to examine the allowances proposed by the 7th Pay Commission. Aug 11, 2016
pay commission consumption demand inflation goods purchases buying eating out salary pensioner pension hike allowances notification modi govt

7th Pay Commission: How India Inc. could benefit from salary hike to Central govt employees

The hike could benefit firms dealing in phones, vehicles and home appliances, shows a Tata Strategic Management Group study. Aug 9, 2016
Rajan

RBI Governor Raghuram Rajan leaves repo rate unchanged at 6.50%; retains FY17 growth forecast at 7.6%

RBI governor Raghuram Rajan has left repo rate unchanged at 6.50 percent, FY17 GDP growth rate projection retained at 7.6 percent. Aug 9, 2016
pay commission consumption demand inflation goods purchases buying eating out salary pensioner pension hike allowances notification modi govt

7th Pay Commission: Govt issues notification on hike for pensioners, finally

After keeping about 52 lakh pensioners guessing, the Modi government finally cleared the hike as proposed by the 7th Central Pay Commission. Aug 6, 2016
bank holidays

7th Pay Commission: SBI offers cheaper home loans to govt employees after salary hike

State Bank of India wants to cash in on the higher repaying capacity of Central government employees after pay panel recommendations. Aug 2, 2016
north block finance ministry finance ministry offices home ministry government of india

7th Pay Commission: Govt to pay salary arrears for 7 months in August

The Narendra Modi government will be paying salary arrears for seven months in August, implementing the 7th Pay Commission proposals. Jul 30, 2016
suresh prabhu indian railways minister traffic revenues expenditure freight salary pay commission 7th impact hit meeting conference zonal gm delhi

7th Pay Commission: Railway Minister Suresh Prabhu worries about impact of salary hike proposals on finances

Railway Minister Suresh Prabhu spoke of the financial burden due to the 7th Central Pay Commission's proposals on railway's finances. Jul 29, 2016
Bombay Stock Exchange BSE indian stock markets bse building opening trading bank stocks it cos buzzing stocks shares etc etc etc ipo public issue listing

7th Pay Commission hopefuls Asian Paints, Berger, Kansai Nerolac gain sharply on BSE; logistics shares rise on GST buzz

Asian Paints's upbeat results lifted Kansai Nerolac and Berger Paints shares; these firms are expected from pay commission recommendations. Jul 28, 2016
Indian rupee vs dollar

7th Pay Commission notification issued; employees to get higher salary from August

Now minimum monthly salary, as proposed by the 7th CPC, will be Rs. 18,000 as against Rs. 7,000 paid currently. Jul 26, 2016
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