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23.39 pc pay rise for AP govt staff, retirement age up by 2 years

by AIP Online Bureau | Jan 7, 2022 | Indian News, Policy

The enhanced retirement age would be applicable from January 1, 2022 The Chief Minister told the employees’ associations that the pending DA instalment arrears would be paid along with the January salary. Also, the pending payments like provident fund, insurance,...

Indian economy to grow 9.2 pc in 2021-22, surpass pre-Covid level: Govt data

by AIP Online Bureau | Jan 7, 2022 | Indian News, Policy

The improvement in the economy comes over a GDP contraction of 7.3 per cent during 2020-21 due to the pandemic and resultant lockdown imposed to curb the spread of the deadly coronavirus New Delhi: The Indian economy is estimated to grow at 9.2 per cent in the 2021-22...

Life insurers’ new business premium income nearly flat at Rs 24,466 cr in Dec

by AIP Online Bureau | Jan 7, 2022 | Indian News, Life

On a cumulative basis, the first-year premium of all life insurers during April-December 2021 jumped 7.43 per cent to Rs 2,05,231.86 crore Hyderabad: Life insurers’ collective new business premium income stayed nearly flat from a year ago at Rs 24,466.46 crore...

Study finds employee training pays off with fewer layoffs

by AIP Online Bureau | Jan 7, 2022 | Facts, Policy, Workplace/Employee Benefits

“Importantly, these findings provide evidence that the same investments that firms make to support the development of employees’ human capital in normal times also offer a buffer to employees’ job security in the face of financial precarity,”...

Next Covid variant after ‘mild’ Omicron could be more virulent: Expert

by AIP Online Bureau | Jan 7, 2022 | Facts, Health, Pandemic

While the study showed that the new variant, dominant in the UK and now sweeping parts of India, is infecting the cells found in the lungs less, the virus itself is not intending to become milder. “There is this assumption that viruses become more benign over...
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