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Home National (page 3)

National

7th Pay Commission: Revised Payments and Allowances Won’t Directly Affect Autonomous Bodies

By FabNewz Team
January 14, 2017
in :  National
Money

The Finance Ministry has clarified in a recent memorandum that the pay scale revisions in accordance with the recommendations of the 7th Pay Commission will not directly apply to the country’s autonomous organisations and has gone on to state that the revision in pay scales of employees of such institutions will be revised to reflect a minimal burden on the …

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UP Elections 2017: Snaffling Over Seats Begins in Rae Bareli & Amethi

By FabNewz Team
January 13, 2017
in :  National

After the alliance of Samajwadi Party and Congress, the distribution of seats, however, becomes a pivotal point between both the parties. Sidelining all the constituencies in the State, Amethi and Rae Bareli has always been the core winning stand for Congress party but with UP Elections 2017 drawing close, it seems a tiff has emerged between both the parties. Fairy …

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TeamIndus in Google Lunar XPRIZE Finale Team, All Heads Turn Towards Mission Moon

By FabNewz Team
January 12, 2017
in :  National
Google Lunar XPRIZE

It’s been six months since TeamIndus, the only Indian team to represent the nation in the worldwide Google Lunar XPRIZE competition that is taking place in the US. Bengaluru-based space technology startup, Team Indus-Axiom Research Lab Pvt. Ltd. has finally placed itself in top 5 competitors where they compete to create a unique project that would eventually help in discovering …

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Indian Railways to Connect Bhutan, Myanmar, Nepal, Bangladesh Within Links

By FabNewz Team
January 11, 2017
in :  National

Ministry of Railways has moved ahead with an innovative idea to connect 4 neighbouring countries with India as the railway lines will help all the commuters to visit nations without any hurdle thus making it easy and feasible. Indian Railways have started off with layout plan where nations like Bhutan, Bangladesh, Myanmar and Nepal will be linked altogether for conveyance …

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From March 1, All Defence Canteens Will Boast Of Only Digital And Cashless Transactions

By FabNewz Team
January 11, 2017
in :  National

In a nod to the Prime Minister’s dream of making India a cashless society, all defence canteens across the country will go cashless and will accept only digital transactions. The move is being seen as a major boost to the growing digitalisation across the country. The aim is to make India a cashless society. The defence canteens are India’s most …

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Fiscal Year 2017-18 Union Budget To Focus On Pending Salary Hike, Infrastructure, Etc

By FabNewz Team
January 8, 2017
in :  National
Fiscal

China-based brokerage firm CLSA has reportedly stated that Union Budget of the fiscal year 2017-18 will distinctively focus on pending salary hike as per the recommendation of 7th Pay Commission, social infrastructure, irrigation, rural development, capital expenditure settlement for roadways and highways and so on. The Union Budget will be outlaidon February 1 on behalf of Ministry of Finance where …

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UP Elections 2017: Akhilesh Starts Campaigning Under Slogan “Please All”

By FabNewz Team
January 6, 2017
in :  National
Elections

After much hue and cry amongst the Yadav clan for party symbol and president-ship, Uttar Pradesh Chief Minister Akhilesh Yadav has started the assembly campaigns in midst of hitting hard on rival party Bharatiya Janta Party for the upcoming UP Elections 2017. The campaigning which took off today was followed by the official first list of the candidates standing from …

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Rs 3-4 Lakh Crores of Black Money May Have Been Deposited Post Demonetisation, IT Department Says

By FabNewz Team
January 6, 2017
in :  National
Money

The Income Tax department estimates that an astounding Rs. 3-4 lakh crore of tax evaded income, black money in common jargon, may have been deposited after demonetisation was announced on November 8 last year and Rs. 500 and 1000 currency notes were rendered illegal tender. The report comes in the wake of information that suggests 97% of the total money …

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7th Pay Commission: J&K CM Urged To Implement Recommendations by Employees’ Body

By FabNewz Team
January 3, 2017
in :  National

The Employees Joint Action Committee or the EJAC of the state of Jammu and Kashmir has urged the Chief Minister of the state Mehbooba Mufti to implement the recommendations of the 7th Pay Commission in the state. The committee has stated that this is an important step to alleviate the suffering of the state government employees and pensioners who have …

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UP Elections 2017: EC To Decide on January 13 on Who Rides The Samajwadi Cycle

By FabNewz Team
January 3, 2017
in :  National

The Election Commission has fixed January 13 as a day of reckoning for the Samajwadi Party, which has been mired in a series of controversies and has seen the bitter separation of father Mulayam Singh Yadav and son Akhilesh Yadav and the apparent reconciliation. Two factions, one led by the party supremo Mulayam and his brother Shivpal Yadav, and the …

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UP Elections 2017: Dimple Yadav & Priyanka Gandhi To Contest Polls Together

By FabNewz Team
January 3, 2017
in :  National

In the midst of hue and cry regarding the Party symbol between Father-Son duo of State ruling party, it has aimed to put up strategized campaign thus confirming that Congress and SP will contest the UP Elections 2017 hand-in-hand. Keeping in front the first posters of campaigning, UP CM Akhilesh Yadav’s better-half Dimple Yadav, as well as Congress Supremo Sonia …

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Budget 2017: Expect A New Railway Safety Tax As Railways Gear Up For A Safer Future

By FabNewz Team
January 3, 2017
in :  National

In light of the recent accidents involving passenger trains, the government has decided to implement a new railway safety tax to assure all passengers of a safer and more secure future. A new safety fund of Rs. 20,000 crore for the Indian Railways will ensure a safer and a more hi-tech future for the millions of commuters as well. The new …

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UP Elections 2017: PM Trashes Other Parties at ‘Parivartan Rally’, Says Only BJP Offers Development

By FabNewz Team
January 3, 2017
in :  National

The PM Narendra Modi today addressed a rally at the Ramabai Ambedkar Grounds in Lucknow in what was described as a Parivartan rally. This marks the Prime Minister’s first rally of the new year and is aimed squarely at the upcoming UP elections, whose dates are yet to be announced but is expected to take place sometime in February or …

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7th Pay Commission: Expect Higher Allowances Post State Assembly Polls

By FabNewz Team
January 2, 2017
in :  National

On Wednesday, the Election Commission of India announced the dates for the state assembly elections for five states. The Model Code of Conduct or the MCC came into effect on the same day as well. Reports now suggest that Central Government is now looking to implement the recommendations of the 7th Central Pay Commission Panel only after the elections are …

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UP Elections 2017: Akhilesh Yadav Handed Over Party’s Symbol ‘Cycle’

By FabNewz Team
January 2, 2017
in :  National

Amid a rare politico-personal feud within Son-Father duo, who also happens to be SamajwadiParty chief and Chief Minister of Uttar Pradesh, Akhilesh Yadav as well as the Party’s supremo, Mulayam Singh Yadav, the tiff for Party’s symbol has finallycome to an end. The fight for owning Party symbol ‘Cycle’ has been handed over to present CM Akhilesh Yadav and not …

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7th Pay Commission: Centre Directs States to Imply Recommendations Coming March

By FabNewz Team
January 2, 2017
in :  National

The centre today urged various States to implement the recommendations made by the 7th Pay commission for pay hikes in salaries and pensions coming this March. Although, the Union Cabinet did not much give a merry news earlier at the star of the new year as the revised salaries got delayed. But in a recent notification provided by the Centre, …

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7th Pay Commission: Demonetisation May Aid in Implementation But Low-Paid Employees Wary

By FabNewz 2016
December 26, 2016
in :  National
7th Pay Commission

Demonetisation may actually be a boon for lakhs of central government employees as the government will be in a position to implement the 7th Central Pay Commission’s recommendations come 2017. A report by the Bank of America (BoA) Merrill Lynch Global Research brought smiles on the faces of employees and pensioners as we reported yesterday. Furthermore, statements made by Urjit Patel, …

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UP Elections 2017: Congress Won’t Tie Up With Samajwadi Party

By FabNewz 2016
December 24, 2016
in :  National
UP Elections 2017

As the nation look forward to the nation’s one of the massive’s polls ahead in 2017, the rumours of collaborations of country’s biggest parties has been put on hold. Indian National Congress Uttar Pradesh Committee President Raj Babbar has clearly denied of any alliance formation as the party is now all ready to contest alone in the UP Election 2017. …

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7th Pay Commission: Clarification of the Defence Civilian Employees’ Revised Pay Fixation

By FabNewz 2016
December 23, 2016
in :  National
7th Pay Commission

The Ministry of Defence, earlier this month, made a report in regard of Defence Civilian Employees’ Federation which clarifies the misinterpretation of the provisions leading to incorrect pay fixation set for Central Civil Services as of Revised Pay Rules 2016 under the 7th Pay Commission recommendations. The reports suggested series of anomalies churned out from Accounting Authorities of the Defence …

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Airways Goes Digital As They Cut Off Days Old Rule of Baggage Tagging & Paper Boarding Passes

By FabNewz 2016
December 22, 2016
in :  National
Airways

Airport Authority of India on Friday came up with a decision to cut off age-old rule and regulation of tagging up baggage after scanning and checking along with receiving paper boarding passes. The aviation security is all set to embrace the new reform of going digital with a minimal amount of shedding time over forming queues. The annulation of a …

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Arunachal State Government Implements 7th Pay Commission Recommendations:Employees Get New Year Pay Package Hike

By FabNewz 2016
December 22, 2016
in :  National
Arunachal State Government

The Arunachal Pradesh cabinet with Chief Minister Pema Khandu at its head will implement the 7th Central Pay Commission Recommendations, thereby giving a New Year gift of sorts to more than 70499 regular state government employees and 25919 pensioners. Arunachal Pradesh is thus amongst the first Indian states to implement the recommendations of the 7th Pay commission, starting from the …

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Petition Against PM Modi’s Election From Varanasi Dismissed By Allahabad High Court

By FabNewz 2016
December 21, 2016
in :  National
PM Modi’s Election

In a relief for Prime Minister Narendra Modi, who is under severe criticism from the opposition both inside the parliament and out of it after his landmark move calling for demonetization on November 8, the Allahabad High Court has dismissed a petition filed by Ajay Rai, a congress MLA who had contested against the PM for the Varanasi Lok Sabha …

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Union Cabinet Nods On Penalising Public For Keeping Old 500/1000 INR Notes Amid December 30

By FabNewz 2016
December 21, 2016
in :  National
Union Cabinet Nods

In the midst of demonetisation probe, Union Cabinet today gave a final nod and approved the authoritative body to penalise public who possess old notes of Rs. 500 and Rs. 1000 after December 30th, 2016. The ordinance has been passed to prevent future litigations against the note ban. It holds a cap of near about 10 notes of each higher-denomination …

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7th Pay Commission: Implementation Brings Cheer to Some, Gloom For Others

By FabNewz 2016
December 20, 2016
in :  National
7th Pay Commission

The recommendations of the 7th Pay Commission are slated to be implemented for central government employees from as early as February 2017. This positive development has been offset by the news of lakhs of employees and pensioners of autonomous bodies under the Central government who have been informed that the revision of their salary and pension scales are expected to …

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National Stock Exchange CEO Chitra Ramkrishna Steps Down To Quit

By FabNewz 2016
December 18, 2016
in :  National
th 18

National Stock Exchange Chief Executive Officer Chitra Ramkrishna called it quit when she offered the board of directors her resignation from her post. However, the decision is yet to be finalised, but according to the sources, she resigned due to series of exchange over differences with the board. As of now, very less is known regarding the stepping down of …

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