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
Airlines in India have started competing to offer some common, yet the best, facilities to both domestic and international passengers. As convenient as air travel is, passengers also face a few hassles like flight delays or long waits at the airport. Just like you see waiting rooms at railway stations and bus terminuses for passengers
With UltraTech Cement announcing its foray into the Cables and Wires (C&W) industry with a planned capex outlay of Rs 18 billion over the next 2 years, brokerage firms and analysts maintained that the move will have only a modest impact on the segment and on sector players. An analysis report by Nuvama stated, “Given
The financial stocks are surging ahead. The Nifty Bank rose as much as 0.75% to a high of 48,972.55 level, intra-day. Not just that, even if we see the 1-month gains on the Bank Nifty, it delivered nearly 2% gains compared to 1.29% decline seen in the Nifty. What’s particularly fuelling the rally today is
Investing in penny stocks- those trading below Rs 10 or Rs 20 often comes with high risks, but nevertheless some have delivered surprising returns over time as well. While many of these stocks remain volatile and speculative, a few have managed to turn small investments into significant gains. Over the past five years, some low-priced
Stocks like Bandhan Bank, RBL Bank, IndusInd Bank, IDFC First Bank have seen sharp intra-day gains after the Reserve Bank of India rolled back the increased risk weights on bank loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs). This move is expected to ease capital requirements for banks and NBFCs, potentially boosting lending
