Page 848 - Bs Reporter

6% DA To Govt Employees and Pensioners

This DA will be over the existing rate of 107 per cent of the basic pay

A missed opportunity, says India Inc on RBI's status quo on rates

Centre and RBI not on same page on boosting economic growth, say CEOs

Govt for 3-day gap between Lok Sabha, Rajya Sabha sitting

Lower House to meet from April 20, Upper House from April 23 to May 13

Irdai allows applicants to set up insurance office in SEZ

The regulator said these insurers or reinsurers can accept reinsurance business of all classes of business within the SEZ and from outside the country

Sonia writes to Paswan to relax wheat procurement norms

Irdai hikes loss amount for surveyor & assessor services

The cooling off period after suspension/ cancellation has been reduced from three years to one year

TRAI recommends 112 as single emergency number

An SMS-based access to the new emergency number may also be provided

Interest rates likely to decline by another 50 bps: Nimesh Shah

Says the Indian rupee may continue to hold steady

Five-judge Supreme Court bench to decide validity of NJAC

A three-judge bench of the Supreme Court referred writ petitions challenging National Judicial Appointments Commission to a constitution bench

Central bank pauses for transmission of rate cuts: Y M Deosthalee

Says reducing base rates would lead to re-pricing of a substantial quantum of the bank book, thereby eroding margins

Rates to be data-dependent: V R Iyer

Says inflation is expected at 5.8 per cent by the end of 2015

400,000 vehicles in NCR run on diesel

Last year, NGT had barred cars more than 15 years old from plying on Delhi roads

Deposit rates, EMIs to come down

SBI, HDFC Bank and ICICI Bank cut base rate applicable from April 10; others may follow suit

Trial landing at Kannur airport in Dec, to being operations by May 2016

A total 1,278 acre land has been handed over to Kannur International Airports in two phases so far, and 645 acre more would be acquired in the next phase

TN Govt asks for enquiry on Police shooting in Andhra Pradesh

It was alleged 20 people, mainly from Tamil Nadu, were killed during the shooting

AP raises incentives for electronics industry

4 electronic manufacturing clusters to come up in different locations

Essar Power Gujarat achieves 23% rise in production in FY '15

EPGL meets about 10 per cent of its home state's power peak demand

CCEA approves strengthening and widening of three sections connecting Varanasi and Madurai

CCEA approved three highway projects worth Rs 9,500 cr in Tamil Nadu & Uttar Pradesh, including those connecting Varanasi

IRDAI draft norms says foreign reinsurer's branch in India to retain 50% business

The regulator said that the branch office shall be capable of underwriting risks and settle claims