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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak

    Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak0

    Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar range. A broad market rout in risk-driven assets also drove

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