Even when Narendra Modi annouced that State Government employees would be paid arrears of the Sixth Pay Commission’s recommendations, GISF cadre were left out.
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Posted by Jenni (#1) 583 days ago (http://www.thehindu.com)
Finance Minister Pranab Mukherjee today said the global slowdown will impact India’s growth prospects, but expressed hope that inflation will start moderating from December.
Asian stock markets tumbled in early trading on Tuesday, a day after German leaders warned that a comprehensive solution to Europe’s debt crisis may not be near.
Inflation again continues at higher levels and nobody is ready to believe that it can come down in the near future. One of the Deputy Governors of the Reserve Bank of India (RBI) has already hinted that money tightening policy will continue.
The rupee rose by 12 paise to 48.89 per U.S. dollar in early trade on the Interbank Foreign Exchange on Monday, supported by euro gains against the American currency and a rise in the domestic equity market.
The recent downgrade of State Bank of India by Moody's Investor Service has evoked strong reactions from the markets and policymakers.
Market regulator Securities and Exchange Board of India (SEBI) is planning to come out by this month-end norms for setting up a uniform Know Your Customer (KYC) Regulation Authority.
The workers on strike at Suzuki Powertrain India Ltd. (SPIL) and Suzuki Motorcycle India Pvt. Ltd. (SMIPL) vacated factory premises Saturday morning, following an order from the Haryana government.
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