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SANCTIONED STRENGTH REDUCTION
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...- IIFCL to raise up to $1 billion through MIGA guarantee fund this quarter to foster infra sector: MDIndia Infrastructure Finance Company Ltd plans to raise up to USD 1 billion. This will be done through the MIGA guarantee fund in the curre...
- 1.09 lakh vacancies in CAPFs, recruitment for 72689 posts going on: GovtOver one lakh positions were vacant in Central Armed Police Forces and Assam Rifles as of January 1. Recruitment is underway for over seven...
- SC flags vacancies in high courts, prods Centre to clear names for judges appointmentThe Supreme Court has directed the central government to expedite the appointment of judges to High Courts, where over 7 lakh criminal appe...
- Reduce 1,839 posts from sanctioned strength in 2024-25: South Central Railway to officialsSouth Central Railway will reduce 1,839 posts, which is two percent of its total strength for the financial year 2024-25. This directive, i...
- To make jobs, don't bloat the bureaucracyGoI salaries and pensions account for about 3% of GDP. The sanctioned strength of government employees declined with economic liberalisatio...
- Russian leader Vladimir Putin says West is triggering a global economic crisisRussia's economy is on track to contract by more than 12% in 2022, the biggest fall in gross domestic product since the years following the...
- Rosneft-backed Nayara Energy put under credit watch: CARE Ratings"CARE Ratings has placed the long-term ratings of Nayara on 'credit watch with negative implications' on account of the Russian invasion of...
- PFC Q4 results: Co posts multifold jump in net profit to Rs 3,906 croreTotal income of the company rose to Rs 18,155.14 crore in the quarter from Rs 16,254.65 crore in the same period a year ago.
- China urges US and Russian nuclear cuts and progress in Iran talks"China opposes the development and deployment of regional and global missile defence systems by a certain country that undermine strategic ...
- 19,467 got police protection in India, cops on duty surpass sanctioned strength by 35 percent: DataAlso, the number of police personnel put on protection duty in 2018 and 2019 for ministers, MPs, MLAs, judges, bureaucrats, etc., outnumber...
- Ties set to worsen as Pakistan blocks new Indian envoy Jayant KhobragadeJayant Khobragade's name had been officially proposed in June this year. In the same month, India had also further scaled down diplomatic t...
- Cheaper, easier loans for green energy projectsPower sector financiers Rural Electrification Corp (REC) and Power Finance Corp (PFC) have shifted focus to renewable projects and are offe...
- 2.68 crore cases pending in lower courts: GovernmentA total of 2.68 crore cases were pending in district and subordinate courts in the country and 44.56 lakh cases were pending in high courts...
- EU's Iran oil ban: More trouble for IndiaAs the European Union begins an oil embargo against Iran, India's payment options for Iranian oil became further constrained.
- IAF opens up flying branch to its men in short-serviceTo increase pilot strength, the Indian Air Force has revised norms to allow men in Short Service Commission (SSC) to join its flying branch...
- Government approves Rs 800 cr equity infusion into Air IndiaAir India has been incurring heavy losses for the past few years: Rs 2,226 cr loss in 2007-08 and about Rs 5,500 cr loss in 2008-09. Inside...
- 'IITs will need 3,000 faculty members in next 10 years'IITs across the country will need 3,000 teachers in the next 10 years to manage teaching and research activities, a top official on Thursda...
- Faculty crunch at IITs set to aggravateThe faculty crunch at IITs is set to aggravate with the government reducing the number of sanctioned teaching posts in the institution.
- Empty offices may hit tax mopupThe finance ministry may have to scale down its direct tax collection target, thanks to an unanticipated shortage of officers and staff at ...
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