Telangana government has completed the promotion process for 80 per cent of employees and the same for remaining employees and teachers will start soon, said CM K Chandrasekhar Rao

This Special Festival Allowance Scheme provides an interest-free advance and can be returned in 10 easy instalments. All government employees will be given this loan in the form of a prepaid RuPay card

The Finance Ministry stated that the three pending instalments of DA for the central government employees will be 'subsumed in the cumulative revised rates effective from 1 July, 2021'

Amongst sectors, consumer products, and high-tech companies are pegged to offer higher increments, however, energy and business process outsourcing sectors are projected to give the least hike

The DoPT said it had been receiving requests for grant of one-time relaxation for reimbursement of cancellation charges.

Stating that 415 people die on roads in India every day, Road Transport and Highways Minister Gadkari said there is a need to expedite the task of saving the lives of people

The announcement holds significance as Nandigram is the constituency of her former right hand man Suvendu Adhikari, who crossed over to the BJP last month

The Centre is expected to reinstate the 4 per cent Dearness Allowance (DA) hike, which was been on hold since April 2020 due to the economic downturn caused by the COVID-19 pandemic

SEBI had fined the three entities for holding over 10% stake in UTI MF, which was in violation of SEBI rules

Srivastava, who was compulsorily retired by the government on June 11, 2019 on charges of corruption and misconduct, had no jurisdiction to pass the orders, the tribunal observed

Several reports have indicated that the government could start awarding the 4% hike in DA from January. However, the Centre still has not made any official announcement regarding the DA hike

Centre had approved a four per cent DA hike for Central government employees in March 2020. However, in April, the hike was put on pause till July 1, 2021, due to the COVID-19 pandemic

As per the norms, the maximum allotted bonus would be Rs 6,908 per employee. While 25 per cent of the bonus will be given in cash, 75 per cent will be added to the Provident Fund

Group 'C' and 'D' category workers and employees working in all PSUs will be given a bonus of 8.33 per cent and an ex-gratia payment of 1.67 per cent. Eligible permanent workers will receive bonus and ex-gratia of Rs 8,400 each

7th Pay Commission: The Dearness Allowance of central government employees is linked with CPI-IW. Any change in base impacts the dearness allowance

Paul R Milgrom, Robert B Wilson win Nobel Prize for Economics 2020The Royal Swedish Academy of Sciences has decided to confer the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Stanford University professors Paul R Milgrom and Robert B Wilson \"for improvements to auction theory and inventions of new auction formats\".Using the auction theory, the researchers try to understand the results of different rules of bidding and final prices.Ahead of festive season, govt a...

Finance Minister Nirmala Sitharaman projected that the fresh stimulus would boost demand by Rs 73,000 crore during the remainder of FY21. However, experts do not rule out slippage in capex

The Rs 10,000 advance will come as a pre-paid Rupay card which can be spent by March 31, 2021. The repayment will be in 10 instalments

Finance Minister Nirmala Sitharaman said that under the Special Festival Advance scheme will be available up to March 31, 2021 and will be given as a prepaid RuPay card

Experts suggest that because of the inflation central government employees may very soon get a 3 per cent hike in their DA, reports Zee Business. Though the official announcement has not been made yet