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Cabinet clears dearness allowance hike by 4%

In a bonanza for 48 lakh Central government employees and 70 lakh pensioners, the government on Fri…

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52 Lakh pensioners to be benefitted by Seventh Central Pay Commission

Seventh central pay commission, the report of which has been submitted to the finance minister, is …

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The SEC just charged a US subsidiary of investment giant Allianz in a multibillion dollar fraud scheme that targeted pensions and other investors

The Justice Department brought charges against Allianz Global Investors US for the March 2020 schem…

Brian Evans   


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Cabinet clears 7th Pay Panel proposals; 23% pay hike for government employees

The secretaries’ committee had submitted its report and was considered by the government before dec…

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3 mins read

Telangana announces 30% salary hike for 9.17 lakh employees under 11th Pay Revision Commission

Telangana Chief Minister K. Chandrasekhar Rao on Monday announced 30 per cent salary hike for all t…

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Central government employees cheer as 7th Pay Commission recommends 23.55% hike in salaries

The salaries are adjusted for inflation every year through Dearness Allowance and the pay and pensi…

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Government asks people to not compare seventh pay panel with previous ones

The Indian government has said that it is "not appropriate" at people’s part to compare the increas…

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7th Pay commission will impact government finances, but boost economy too

Earlier, it was expected that the overall impact of the commission would be Rs 1.02 lakh crore in F…

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2 mins read

Elon Musk received $6.7 billion in compensation in 2020, eleven times more than the second highest-paid US CEO

Musk's compensation is so off the charts that Bloomerg, which compiled pay data, created a special …

Stephen Jones   


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Government allots Rs 70,000 crore for 7th pay commission

The mere implementation of this pay commission would cost the government Rs 1.02 lakh crore. "We h…

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Cabinet Secretary will be earning more than Indian President. Here’s how

Currently, the President receives Rs 1.50 lakh per month, the Vice-President Rs 1.25 lakh and gover…

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Good times ahead for India's GDP growth, says Citigroup report

"Recent macro data indicate a reversal of soft third quarter of fiscal 2015-16 prints and support o…

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India’s 2016 Job market to see more hiring and 10-30% pay hike #AccheDin

Executive search firm GlobalHunt MD Sunil Goel said, "Though there is lot of back-end work happenin…

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1 min read

Tables have turned! Private sector employees are now jealous of govt employees. Here’s why

As per a survey conducted by TimesJobs.com, over 70% employees expressed regret working in the priv…

Jason Lalljee   


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4 mins read

I'm an American graduate student in Singapore. My degree costs $7,000 and the university competes with top-ranked Ivy League schools.

James Guardino is a graduate student in Singapore paying $7,000, a similar degree in the US can cos…

Marielle Descalsota   


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Pete Syme   


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6 reasons why the RBI kept repo rate unchanged for the third time in a row

The RBI saw inflation at average 4.5% in H1 FY18 and 5% in H2. Meanwhile, the RBI is also planning …

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Govt hikes DA for govt employees, pensioners by 4 pc from Jan 1

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved to release an additional …

PTI   


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22 mins read

10 best tax-saving investments

We have ranked 10 most common investments under Sec 80C on five parameters: returns, safety, flexib…

Economic Times