- CBI registers case against BluSmart's founders Anmol Singh Jaggi and Puneet Singh Jaggi
The CBI has filed a case against BluSmart founders. This action follows allegations of causing a significant financial loss to IREDA. Funds...
World Bank says 26 poorest nations in worst financial shape since 2006The World Bank reports that the 26 poorest countries are more indebted than ever, facing increased vulnerability to natural disasters and s...
World Bank says 26 poorest countries in worst financial shape since 2006The World Bank reports that the 26 poorest countries are more in debt than ever since 2006. These nations are still struggling economically...
Dearness Allowance hike: DA rates revised for these central govt employees from July 1, 2023Dearness Allowance hike from July 1, 2023: The Department of Public Enterprises (DPE) under the Ministry of Finance has revised the rates o...
American unemployment claims rise after hitting pandemic lowJobless claims rose 4,000 in Louisiana, evidence that Hurricane Ida has led to widespread job losses in that state. Ida will likely nick th...
Hurricane Ida lashes Louisiana, knocks out New Orleans powerPeople in Louisiana woke up to a monster storm after Ida's top winds grew by 45 mph (72 kph) in five hours as the hurricane moved through s...
Hurricane Ida rapidly intensifies into dangerous Category 4Ida was a Category 4 hurricane Sunday morning with maximum sustained winds of 130 mph. The storm was centered about 175 miles (280 kilomete...
Centre freezes Dearness Allowance hike for CPSE employees till June next yearAdditional installments of DA due from January and March next year shall also not be paid, the memorandum said, adding that DA at the curre...
Ireland keen to woo Indian startups, offers tax benefitsThe Investment and Development Agency along with sister firms like Enterprise Ireland is looking forward to helping Indian startups and ent...
Pay panel for CPSEs bats for ESOPs to keep talentAll enterprises should formulate an ESOP and 10-25 per cent of the performance related pay (PRP) should be paid as ESOPs, the panel suggest...
Third pay panel for CPSEs recommends minimum Rs 30,000 salary for executivesIt also recommended a modified performance pay but said that overall profit distribution should be linked to 5% of the annual profit accrui...
Ireland eyes more investments from Indian companiesA senior official of Irish government agency, IDA (Investment and Development Agency) said there are opportunities for Indian companies in ...
World Bank will continue to give India concessional aidIndia needs these long-term cheap funds to balance its rising reliance on short-term borrowings to fund its high CAD that touched 4.8% of G...
India could lose World Bank soft loans; Middle-income tag to make it ineligible for IDA fundingIndia stands to lose over $2 billion in low-interest funds for many of its welfare schemes, besides missing out on social initiatives.
- Indore Development Authority clears stamp duty waiver for Infosys, TCS
Madhya Pradesh govt said it had cleared decks for Infosys and Tata Consultancy Service (TCS) to set up their plants in Indore's Super-corri...
- PSU staff gets 5% DA hike as shield from scalding inflation
The government has decided to increase the rate of dearness allowance (DA) for PSU staff (accepting industrial dearness allowance pattern) ...
- World Bank pledges record $ 3.5 bn to aid poorest nations
The World Bank pledged a record $ 3.5 billion to aid the world's poorest countries as it cut the interest rate on loans to big developing c...