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Fed announces rate hike

President, VP, governors get pay hike; MPs to be barred from fixing salary

The salaries of the President and the Vice President have been increased to Rs 5 lakh and Rs 4 lakh per month respectively, in a rectification of an anomaly. Announcing the hike in their salaries in his Budget speech, Finance Minister Arun Jaitley said the emoluments of the President, the Vice President and the Governors were last revised with effect from January 1, 2006. “These emoluments are proposed to be revised to Rs 5 lakh for the President, Rs 4 lakh for the Vice President and to Rs 3.5 lakh per month for the Governors,” he said, amidst thumping of desk by the members in the Lok Sabha. FULL COVERAGE: 2018 BUDGET As of now, the President gets Rs 1.5 lakh per month, the Vice President Rs 1.25 lakh and a Governor of a state Rs 1.1 lakh. Till now, the President, the Vice President and the Governors continued to get less salaries as compared to the top bureaucrats and service chiefs since the laws were not After the implementation of the 7th Pay ... » Learn More about President, VP, governors get pay hike; MPs to be barred from fixing salary

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British Queen Elizabeth gets pay rise

Queen Elizabeth II got a 13 per cent hike in her British taxpayer-funded allowance ahead of extensive repairs to Buckingham Palace, estimated to cost around a whopping £369 million (Rs 3,319 crore). IMAGE: The 92-year-old monarch's accounts showed the public funds used by her for official expenditure and duties went up from £41.9 million to £47.4 million. Photograph: Leon Neal/Getty Images The 92-year-old monarch’s accounts released on Thursday showed the public funds used by her for official expenditure and duties went up from £41.9 million (Rs 377 crore) to £47.4 million (Rs 426 crore). More than £4 million (Rs 36 crore) of that hike was spent on the initial phase of palace modernising, including the removal of old wiring, while £21.4 million (Rs 192 crore) went on staff payroll costs and the rest on travel and other maintenance costs over the previous year. Large-scale refurbishment work on Buckingham Palace’s east wing will begin in April 2019, which is ... » Learn More about British Queen Elizabeth gets pay rise

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BJP’s star campaigner PM Modi to address 2 rallies before each phase in Bengal

#Narendra Modi Modi government is misusing IT department to intimidate those supporting farmers' protest: Rahul Gandhi #Narendra Modi For first time Jawans, JCOs to take part in military conference to be addressed by PM Modi #Narendra Modi Use of PM's photo in petrol pump hoardings violates poll code, should be removed: ECI #Narendra Modi Budget has broadened efforts to link education with employability: PM Modi #Narendra Modi Gujarat Panchayat Election Results 2021: Gujarat firmly with BJP's development agenda, says PM Modi #Narendra Modi PM Modi inaugurates Maritime India Summit 2021, says USD 82 billion being invested in ports For Quick Alerts Subscribe Now EPFO keeps PF interest unchanged at 8.5% View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 26 min ago Sasikala's exit will help to fulfil Jayalalithaa's dreams: CT Ravi ... » Learn More about BJP’s star campaigner PM Modi to address 2 rallies before each phase in Bengal

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Tamil Nadu assembly election 2021: Kamal Haasan’s Makkal Needhi Maiam promises support for single mothers in party agenda

Chennai : Ahead of the Tamil Nadu assembly election, Kamal Haasan's Makkal Needhi Maiam (MNM) on Wednesday (March 3, 2021) unveiled the agenda for women's welfare. It said that as announced earlier, the MNM promises to give dignity and recognition to homemakers. It also promised support for single mothers in the party agenda. The MNM stated that hostels will be made in every district for free emergency overnight stay for women in distress. They will also establish a follow-up system on complaints registered with 181 women's helpline. Here are the key points of Kamal Haasan's Makkal Needhi Maiam agenda for women, youth welfare: 50% of WOMEN IN UNIFORM SECTOR: Every uniformed sector in state services should have 50% women representation. PROTECTION FOR WOMEN IN DISTRESS: The MNM stated that hostels will be made in every district for free emergency overnight stay for women in distress. They will also establish a follow-up system on complaints registered with ... » Learn More about Tamil Nadu assembly election 2021: Kamal Haasan’s Makkal Needhi Maiam promises support for single mothers in party agenda

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Roundup: Germany extends lockdown amidst rising COVID-19 numbers

Video Player Close BERLIN, March 4 (Xinhua) -- Despite the ongoing lockdown, new COVID-19 infections in Germany were again slightly above previous week's level as the country registered 11,912 infections within one day, the Robert Koch Institute (RKI) announced on Thursday. Due to rising infections and an increasing share of COVID-19 variants, Chancellor Angela Merkel and the federal states agreed on Wednesday that the lockdown would be extended until at least March 28. At the same time, gradual openings were implemented in a five-step strategy. After schools and hairdressers were opened in the beginning of March, a second step would follow next week as bookstores, flower stores and garden centers in Germany would be allowed to open with hygiene requirement and customer restrictions, the government noted. Merkel said that it was now a matter of "taking the next steps wisely." In Europe, there were many examples of a dramatic third COVID-19 wave "and this danger also exists ... » Learn More about Roundup: Germany extends lockdown amidst rising COVID-19 numbers

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China’s online mediation platform shows promising results, top court says

A total of 13.6 million disputes were handled on China's online mediation platform since it was established in February 2018, with a success rate of 65 percent according to the Supreme People's Court. To save more people from the trouble of going to court, the top court expanded its online mediation platform by connecting to all courts across China, and 32,900 mediation organizations and 165,000 mediators have participated in online mediation through the platform. "Now, an average of 66 disputes are mediated on the platform every minute on weekdays, and 17,000 cases per day, which means every two seconds on average a case is successfully mediated," said Qian Xiaochen, head of the case filing tribunal with the SPC. Qian made the remarks at a news conference on Thursday, when the top court announced with the online platform continuing sound progress, a one-stop dispute settlement and litigation service system has been basically built. "Through our efforts on online disputes ... » Learn More about China’s online mediation platform shows promising results, top court says

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