Workplace woes and wages are in the spotlight yet again. Iconic business leaders are turning into social media heroes and villains depending on where they stand in the debate on quantity versus quality of work. Suddenly, where you stand and where you sit are both becoming important, as is a renewed discussion on work culture
“There’s a great unease to doing business in India. Companies face so much red tape they’re uncompetitive from the start,” claims a Bloomberg Opinion piece. As per the report, “a little over three years ago, the World Bank scrapped its annual ‘Doing Business’ report amid allegations that its top management had applied pressure on staff
With the Union Budget 2025 just around the corner, Finance Minister Nirmala Sitharaman has a big challenge to meet the growing expectations of various quarters, including taxpayers. From the government’s point of view, the challenge of handling taxpayers’ expectations has become more complex since 2020, when FM Sitharaman decided to introduce the new tax regime
Good news for senior and super senior citizens. In a bid to overcome the liquidity crunch, some of India’s top banks – including SBI, HDFC Bank and IDBI Bank — have launched special fixed deposit schemes and revised their FD interest rates, especially for senior and super senior citizens. IDBI Bank, for instance, has introduced
The Union Cabinet on Thursday approved the 8th Pay Commission, bringing significant relief to over 1.2 crore central government employees and pensioners who are keenly awaiting a thorough revision in their salaries and pensions. Ahead of the Union Budget 2025, this announcement of the 8th Pay Commission hints that there might be similar other employee
8th Pay Commission salary revision: In a major relief for about 1.2 crore central government employees and retirees, the Modi government on January 16 announced the approval of the 8th Pay Commission. On the Union Cabinet’s nod for the next pay panel, Union Minister Ashwini Vaishnaw said that PM Narendra Modi has approved the 8th
8th Pay Commission for Government Employees: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to set up the 8th Pay Commission, which will revise the salary and pension of over 1.2 crore central government employees and pensioners. Confirming the news, Union Minister Ashwini Vaishnaw said the Prime Minister has approved
Press Information Bureau (PIB) has alerted State Bank of India’s customers regarding a prevalent online scam. The Fact-Check Unit of the PIB through a social media post has shared the modus operandi the cybercriminals are using to deceive SBI customers. These fraudsters are targeting the bank’s customers by sending a message asking them to download
Despite Zomato’s shares on Tuesday falling 10.91% to Rs 214.65 on the BSE, brokerages remain optimistic about the company’s long-term prospects. Analysts attribute the stock’s slide to short-term pressures from the company’s aggressive expansion of dark stores for its quick-commerce arm, Blinkit. However, they maintain that this strategy positions Zomato for sustained growth. Also ReadAdani
Rajasthan has emerged as the top state in attracting fresh project investments during Q3FY25, surpassing industrial giants like Maharashtra and Gujarat, according to data sourced from Projects Today, a firm tracking fresh and ongoing project investments in India. Rajasthan secured fresh project investments worth Rs 2,24,979 crore across 363 projects during Q3FY25, accounting for 19%
D2C snack brands like Go Desi, Beyond Snack, and Sweet Karam Koffee, among others, are making significant strides in international markets. Following in the footsteps of legacy giants like Haldiram, Bikanerwala, Balaji Wafers, Prataap Snacks, and Bikaji Foods, these startups are bringing authentic Indian flavours to a global audience. “The search for authenticity is fuelling
Bengaluru-based adtech unicorn InMobi is in advanced discussions to raise $400 million in a Series E funding round at a post-money valuation of $8 billion, according to sources familiar with the matter. The last known valuation of InMobi stood at $1.5 billion, making the projected $8 billion valuation a more than fivefold increase. Both existing
The government has disbursed Rs 1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceutical, in the first half of this financial year, a senior official said on Tuesday. This takes the total disbursement under the scheme to Rs 11,317 crore since its launch. The total outlay under the scheme
