Rising percentage of female-headed proprietary establishments...
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FPIs pulled out Rs 10,355 cr from equities in last 4 trading sessions on US tariffs
"The potential for a full-blown trade war could have far-reaching...
Corporate affairs ministry proposes changes to rules related to fast-track mergers
In her Union Budget speech on February 1, Finance Minister Nirmala...
Wage Revision: Govt notifies 12 % hike for PSU GI Industry, makes `Performance’ mandatory for next round
There will be a total outgo of Rs 8146 crore from all four companies for meeting wage revision expenses The unions have criticized the government for mentioning ``conditional future performance linked pay revision’’ and threatened agitational path in case of...
Nagaland launches universal health insurance scheme
Neiphiu Rio,Chief Minister, Nagaland The Chief Minister's Health Insurance Scheme (CHIS) will be implemented in convergence with the Ayushman Bharat scheme of the Centre, state minister Neiba Kronu told a press conference The Oriental Insurance Company Ltd is the...
Sikkim working on new disaster risk reduction framework: CM
Prem Singh Tamang, Chief Minister,Sikkim ''The state government is continuously working together with all the Himalayan states and other stakeholders to establish a new disaster risk reduction framework for the region in order to deal with natural disasters,'' said...
India’s debt ratio projected to be 84 per cent of its GDP: IMF
''In terms of the debt ratio, India right now at the end of 2022, we're projecting it at about 84 per cent of GDP. That is higher than in many emerging economies," he said Of course, India has a lot of special features being the most populous country in the world by...
Wage Revision: FM clears 12% salary hike with 5-yr arrears for PSU GI industry
Finance minister Nirmala Sitharaman Sources in the industry inform that Sitharaman,who had refused her final approval to the wage hike proposal unless unions of the PSU GI industry agree for the “Performance Linked Future Wage Revision’’, had changed her mind to...
China’s population flows to pressure some local governments’ financials: Fitch
China’s urbanisation rate is already advanced at 64.7%, close to the government’s target of 65% by 2025, following successive liberalisation of the household registration system in recent years. Still, we also expect some rural to urban migration to continue over the...
IDBI Bank bidders need to seek MHA security clearance in the first stage of bidding process
The DIPAM last week invited EoIs from prospective bidders of IDBI Bank offering to sell 60.72 per cent stake together with LIC. The last date for putting in bids is December 16 New Delhi: In a first, the government has made it mandatory for interested buyers of IDBI...
Govt will make Assam flood-free in five years, Amit Shah assures people
Amit Shah, Union Home Minister According to the July data of Assam State Disaster Management Authority (ASDMA), nearly 8.9 million people in the state were affected by the flood and landslides as it claimed 192 lives in the state till then and around 2.40 lakh...
Wage Revision: FM wants “Performance Linked Future Wage Revision’ for PSU GI industry before clearing its pending new salaries
Nirmala Sithraman,Union finance minister The unions had asked the DFS and GIPSA to clear the pending Wage Revision at par with Life Insurance Corporation (LIC) without any condition or linking it with future ``Performance Linked Wage Revision’’ before Diwali and...
IDBI Bank privatisation: Govt,LIC together to sell 60.72% stake in bank, invite bids
``Expression of Interest is invited for Strategic Disinvestment of specified GoI and LIC stakes in IDBI Bank along with transfer of management control. Details are at https://dipam.gov.in,'' tweeted Secretary Dipam New Delhi: The government on Friday invited bids from...