Chandigarh, March 8 (IANS) Punjab Bharatiya Janata Party’s working President Ashwani Sharma on Sunday said that the state Budget “is a major betrayal of the mothers and sisters of the state and is disappointing for farmers, employees and the common people too”. Reacting to the Budget for 2026-27, proposing a total outlay of Rs 260,437 crore and projecting the state’s GSDP at Rs 980,635 crore with an estimated growth rate of 10 per cent, Sharma told the media here that the Aam Aadmi Party…
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Kolkata, Feb 6 (IANS) The Supreme Court’s verdict directing the West Bengal government to pay Dearness Allowance (DA) arrears to the state government employees and pensioners for the period between 2008 and 2019 and also 25 per cent of that amount by March 31 this year, will cost the state exchequer a little over Rs 10,000 crore immediately and Rs 42,000 crore in the long run.”These figures are tentative. An exercise had started to figure out the actual expenditure on this count, and the final f…
New Delhi, Jan 28 (IANS) E-commerce giant Amazon on Wednesday said it was laying off 16,000 employees globally as part of “additional organisational changes”.This is the second major round of layoffs at the company in about three months in the AI era.Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, said that “we’re making additional organisational changes across Amazon that will impact some of our teammates”.In a blog post, she said that “I recognise th…
New Delhi, Jan 23 (IANS) The Centre on Friday said it has approved the long-pending wage revision for Public Sector General Insurance companies (PSGICs) and National Bank for Agriculture and Rural Development (NABARD). The government also approved pension revision for retirees of Reserve Bank of India (RBI) and NABARD. A total of about 46,322 employees, 23,570 pensioners and 23,260 family pensioners across these organisations will benefit from these revisions.“The wage revision for the employe…