Unless the governments steps into the picture and take meaningful steps to address the concerns of employees in state-run banks, the present scenario will continue
Aviva's all-share offer of 0.74 shares for every Friends Life share implies a 15 percent premium to the closing price on Friday.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission
Unperturbed by intense lobbying by industry, capital markets regulator Sebi has said that listed companies must follow higher corporate governance standards and there will be no dilution to the new norms kicking in from next month.
As per new rules, every head of office shall undertake the work of preparation of pension papers one year before the date on which a government servant is due to retire
The previous UPA government had increased DA to 100 per cent from 90 per cent with effect from January 1, 2014, on February 28 on the basis of agreed formula for revision of the allowance.<br />
More than a hundred flights, mostly domestic connections from airports in Cologne, Stuttgart, Duesseldorf, Dortmund, Hannover, Hamburg and Berlin, were grounded by the strike.<br />
The government's decision to fix pension entitlement of Rs 1,000 under the Employees' Pension Scheme 1995 (EPFS-95) will immediately benefit 28 lakh pensioners who get less than this amount at present.<br />
The Budget proposal to raise minimum monthly pension of Rs 1,000 under EPS-95 scheme run by retirement fund body EPFO would benefit 28 lakh pensioners who get less than this amount at present.
The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs 2,24,000 crore in the interim budget presented by the UPA government in February this year.<br />
It’s impossible to find another system, than the Indian Post, that has such penetration and coverage anywhere in the world.
"The Labour Ministry's revised proposal for minimum pension of Rs 1,000 per month was submitted to the Finance Ministry last week, and is likely to be approved this month," said an official source.<br /><br />
They have also raised concerns on issuance of compulsory licensing (CL) under intellectual property right policy and preferential market access policies in some sectors.<br /><br />
India is building a network of over 160,000 Common Services Centres (CSCs) to take a gamut of public services to the very doorstep of the common man as part of the National e-Governance Plan (NeGP)...
According to a report published in Business Line today, the Pension Fund Regulatory and Development Authority want the seven insurance companies which are managing National Pension Scheme to pay better annuity rates.
Financial decision making is a crucial factor in the life of an individual as it has got the potential to affect many aspects of life; therefore it is very important that these decisions are taken in a prudent manner