Unified Pension Scheme: The central government on August 24 approved the Unified Pension Scheme (UPS) which provides for Assured Pension and Assured Family Pension. As per the govt, about 23 lakh employees of the central government would benefit from the Unified Pension Scheme (UPS).
Unified Pension Scheme: The Assured Family Pension would be calculated at the rate of 60 per cent of pension of the employee immediately before her or his demise.
According to the Cognizant lawsuit, Infosys used its TriZetto's software to create "Test Cases for Facets," and repacked their data into its product.
Business news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
The last DA hike for Central government employees, effective from January 1, 2024, was announced on March 7, 2024, increasing the total DA to 50%. This latest adjustment also helped other allowances, including House Rent Allowance (HRA).
Janmashtami bank holidays: Because of Janmashtami, both public and private sector banks will remain shut in several cities that will observe the holiday on Monday.
'Zomato Legends' offered iconic dishes from 10 cities to other parts of the country. The company had earlier put on hold the service and restarted it in July with a few tweaks.
The due date for filing Income Tax Returns was on July 31, 2024, and the taxpayers who have successfully filed their ITRs by the deadline can expect the refund to be deposited into their bank accounts shortly.
The Konkan Expressway is being constructed by the National Highways Authority of India (NHAI) and the state-government-led National Highway Public Works Department (NH PWD).
The stock markets opened higher on Thursday, fueled by optimism about a potential US Federal Reserve rate cut in September and easing geopolitical tensions. Analysts predict new all-time highs for Nifty and Sensex next week.
Zomato's recent acquisition strengthens its position in India's extensive online ticketing sector for movies and live events, an area predominantly led by BookMyShow, which is backed by Reliance.
Before deciding on any investment options, it is imperative to accurately assess one's financial requirements, including estimating the monthly budgetary needs.
Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das was recognised for his effective management of inflation, economic growth, currency stability, and interest rates. This accolade highlights his successful monetary policies amidst global economic challenges.
RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine, making him one of only three central bank governors globally to receive the top distinction for the second consecutive year. The rating recognises Das's leadership in navigating India's economic challenges.
Global oil benchmark Brent crude fell by 0.79% to USD 77.05 per barrel. On Monday, the BSE benchmark slipped slightly by 12.16 points to 80,424.68, while the NSE Nifty edged up by 31.50 points to 24,572.65 amid volatile trading conditions.
The Delhi Development Authority (DDA) has announced the launch of three new housing schemes for 2024. These schemes include the DDA Sasta Ghar Housing Scheme 2024, the DDA General Housing Scheme 2024, and the DDA Dwarka Housing Scheme 2024.
IndiGo continued to dominate domestic air traffic with its market share rising to 62 per cent in July while that of Air India dropped to 14.3 per cent.
After following global sentiments last week, the Indian stock market incidence gained in the opening session. Meanwhile, Asian markets showed mixed responses.
Foxconn's chairman defended the company's hiring practices after New Delhi ordered an investigation into a report alleging that Apple supplier rejects married women for iPhone assembly jobs. Meanwhile, Foxconn is focusing on establishing a battery energy storage system unit in India.
On this day, the physical banking services in both public and private sector banks will not be available in most cities. However, the bank customers can avail digital banking services such as internet banking, mobile banking, WhatsApp banking, NEFT, and RTGS as usual.
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