Business

Employee bodies have argued that the current 3% annual increment is not sufficient to keep pace with rising expenses. Their recommendations have ranged from 5% to 7%. If such proposals are accepted, a higher increment rate of 5% or 7% would have a direct impact on the salary progression of central government employees.

Indian banks across various states will be closed on September 4 to observe Krishna Janmashtami. Customers should be aware that further closures will occur throughout the month for additional festivals and elections. It’s essential to check local holiday schedules for branch services, although digital banking and ATMs will continue to function normally. Plan accordingly for

Can the entire difference between a property’s actual purchase price and its stamp-duty value be added to the income of just one of its co-owners? A recent ruling by ITAT Mumbai has addressed this question in a case involving a husband and wife who jointly purchased a property.

The point is not that America has become less relevant. It’s about the rest of the world finally catching up as a credible alternative. Germany may offer a clearer skilled-employment pathway; Australia a combination of education and skilled migration; Singapore access to Asian markets; the UAE long-term residence without a conventional permanent-immigration model

One of the biggest points of discussion and questioning is the revision to Q1 FY26 GDP at current prices, that is the figures for last year’s same quarter numbers. Under the old 2011-12 series, GDP was estimated at Rs 86.05 lakh crore. However, under the new series, it has subsequently been revised to Rs 80

The United States has successfully negotiated a deal to import Venezuelan oil, aiming to replenish its reserves with a consistent supply of affordable crude. While the long-term implications for American drivers remain ambiguous, the deal’s effect may not be felt for several months. The arrangement involves significant untapped oil fields and a private company, but

Sugar prices have started to fall across markets following government interventions. The average retail price has dropped significantly over the past week. However, consumers still pay more than a month ago due to existing stock. Wholesale rates are not immediately reflecting in retail prices as traders hold old inventory. Government measures like import allowances and

A Rs 2,077.18 crore project will four-lane a key Siliguri Corridor highway. This upgrade will strengthen connectivity to Northeast India and neighboring countries. The project includes bridges and elephant underpasses for safer wildlife movement. Congestion is expected to ease in Bagdogra and surrounding areas after completion. Faster movement of local produce to markets will be