Meerut, July 18 (IANS) In a gruesome incident reported from Uttar Pradesh’s Meerut, a woman and her purported lover have been arrested for the alleged murder of her husband, which they attempted to pass off as a snakebite, police said. The motive was to claim a Rs 20 lakh insurance payout and continue their extramarital relationship.The victim has been identified as Atul Panwar, who co‑ran a play school in Hastinapur with his wife Damini. He was reportedly found dead on his bed.According to …
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Surat, July 11 (IANS) Surat’s flood-affected traders, small businesses and industries will be able to access loans of up to Rs five lakh at a concessional interest rate of 9 per cent, while the Gujarat government is expected to announce a relief package after completing a rapid assessment of losses caused by the recent flooding, Deputy Chief Minister Harsh Sanghavi said on Saturday. The announcement came as The Varachha Co-operative Bank Ltd. launched its “Flood Loan” scheme and a new insurance …
Bengaluru, June 9 (IANS) India is projected to see average salary increments of 8.6 per cent to 10.2 per cent in FY27, underpinned by sustained demand for skilled and execution-focused talent, a report showed on Tuesday.TeamLease Services’ latest report highlights a stable yet differentiated salary outlook across industries this fiscal. High-growth industries are expected to register salary increments in the range of 9.6 per cent to 10.2 per cent, led by EV and EV Infrastructure, FinTech, Heal…
New Delhi, June 3 (IANS) Over the past 12 years, the Government has steadily empowered India’s middle class through wide-ranging reforms. A sharp reduction in taxation, improved banking access, wider insurance coverage, and expanded pensions have reduced financial stress. Subsidised loan rates and digital reforms have also made savings, borrowing, and financial planning more accessible and convenient. The government’s tax reforms have significantly eased the financial burden on the middle cl…
New Delhi, June 2 (IANS) After more than a decade of preparation, India is finally set to launch the Producer Price Indices (PPI) — marking a major shift in the country’s inflation measurement framework. The new PPI series will be unveiled on June 15 alongside the revised Wholesale Price Index (WPI) with a new base year of 2022-23. For many people, the introduction of PPI may sound technical, but the concept is fairly simple.The new framework is aimed at measuring inflation more accurately fr…
New Delhi, June 2 (IANS) The Government on Tuesday announced that it has approved the revision of the Base Year of Wholesale Price Index (WPI) from 2011-12 to 2022-23 and compilation of Producer Price Indices (PPIs).Accordingly the revised series of WPI inflation with base year 2022-23 will be released on June 15, which would replace the existing series of WPI with base year 2011-12, according to a statement issued by the Ministry of Commerce and Industry.In addition, the new series of Output Pr…
Gandhinagar, May 22 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said India offers a unique blend of scale, technology, talent and growth opportunities through GIFT City, as she chaired a high-level review meeting on the progress of the country’s flagship international financial hub.During the meeting, presentations were made on the progress achieved by GIFT City across sectors including banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasi…
New Delhi, May 1 (IANS) India’s white‑collar job market opened FY27 on a healthy note, up 6 per cent year‑on‑year led by growth in the insurance job market, a report said on Friday.The ‘Naukri JobSpeak’ saw its ‘Index’ reached 3,045 points in April, up 6 per cent year‑on‑year from 2,878 points. The three‑month moving average from February to April stood at 9 per cent year‑on‑year growth.Insurance led sectoral growth growing 21 per cent and BPO/ITES went up 15 per cent. Real…
New Delhi, March 10 (IANS) Job postings in India rose 3.3 per cent in January 2026 and remain 84 per cent above pre-pandemic levels, with demand increasing across 90 per cent of occupations, a report said on Tuesday.The report from jobs site Indeed said AI-related postings are rising quickly, with 55 per cent of occupational categories now referencing AI, up from 36 per cent a year earlier.Nearly half of employers said hiring volumes in Q3 FY25–26 remained the same as of the last quarter, whil…
New Delhi, March 4 (IANS) India’s services sector continued to expand at a healthy pace in February, even as growth in new orders slowed amid rising competition, according to the latest data from the HSBC India Services PMI Business Activity Index.The Services Purchasing Managers’ Index (PMI) stood at 58.1 in February, slightly lower than the 58.5 recorded in January.A reading above 50 indicates expansion, which means the sector remained firmly in growth territory as the current financial ye…