Union Cabinet meet

Cabinet approves 'Dearness Allowance' hike by 4%

In a festival bonanza for lakhs of Central government employees and pensioners, the Union Cabinet on Wednesday gave it's clearance for release of additional installment of Dearness Allowance and Dearness Relief at 4 per cent. Sep 28, 2022
RBI

RBI to increase interest rates by another 50-60 bps in 2022

The minutes of the August 22 Monetary Policy Committee of the RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8 per cent recorded in April, Acuite Ratings said in a note. Aug 23, 2022