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7th Pay Commission latest: Good news for 1.1 cr employees, Cabinet approves additional 2% hike in DA

Good news for the government employees. The Cabinet on Wednesday approved an additional 2 per cent hike in Dearness Allowance (DA) and Dearness Relief (DR). The move will benefit about 1.1 crore Central government employees and pensioners, as per an official press release. The decision was taken at a meeting …

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Unstoppable India! Now, 8% GDP growth not far; here’s what this leading industry head says on IMF forecast

An upward revision of India’s GDP growth in the medium term by the International Monetary Fund (IMF) to 7.75% shows that the impressive 8% growth is not too far, a leading industry head said. The IMF recently called India an elephant that is starting to run and praised several key …

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Anand Mahindra, FICCI, others laud Modi’s ‘not afraid of being seen with industrialists’ remark; what they say

Prime Minister Narendra Modi’s assertion that he was not afraid of being seen with industrialists playing a key role in India’s development is a shot in the arm for the industry at a time when it is dealing with a strong negative perception, India Inc said today. “A much-needed vote …

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Anil Ambani writes to Rahul Gandhi on Rafale deal, refutes allegations of lack of experience

Billionaire Anil Ambani has written to Congress President Rahul Gandhi refuting allegations of his Reliance Group lacking experience to get the Rafale fighter jet deal and said the government had no role in French Group Dassault picking up his company as a local partner. In a two-page letter written on …

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