Justice Mathur to head 7th Central Pay Commission

Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which will revise the salaries of over 50 lakh Central government employees. "The prime minister has approved......

Adani charges: Cong seeks probe, BJP questions timing

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation......

US Accuses Adani Of Bribing Officials

Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay $265 million (about Rs 2,200 crore/Rs 22 billion) bribes to Indian officials in exchange of......

A Tale Of Two Modi Decisions

Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya. IMAGE: Prime Minister Narendra D Modi,......

CBIC clarifies rules, says no GST to apply on pre-paid gift vouchers, cards

In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers.......

ATMs to loans: All eyes on the road for finance world

A South Block and Mint Road tango is in the offing in 2025, foregrounded by deeper consultations with various stakeholders. Illustration: Dominic Xavier/Rediff.com In the Union Budget for......

Central govt employees' DA hiked to 50% of basic pay

The Centre on Thursday hiked Dearness Allowance (DA) to 50 per cent of basic pay from the existing rate of 46 per cent effective from January 1 this year, benefitting over 1 crore employees and......

'God Save Insurance Industry'

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.''This would not be a wonder cure for increasing insurance penetration and only result in mushrooming......