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8th Pay Commission: How much pension increase can central government pensioners expect?

January 18, 2025
8th Pay Commission

For central government pensioners, a pension hike often feels like a festive bonus, arriving just in time to ease financial pressures for living ageing with dignity. The announcement of the 8th Pay Commission is no different. With rising inflation making it harder to manage monthly expenses for senior citizens, the news of the 8th Pay Commission brought hopes of a pay hike for central government pensioners. The Union Cabinet approved the establishment of the 8th Pay Commission on January 16, 2025. Union Minister Ashwini Vaishnaw confirmed the decision and said that the commission would be formed soon to revise the

We escaped death by 20-25 minutes: Former Bangladesh PM Sheikh Hasina

January 18, 2025
Politics

Dhaka [Bangladesh], January 18 (ANI): Former Prime Minister of Bangladesh, Sheikh Hasina has alleged that there was a conspiracy to kill her and her younger sister Sheikh Rehana, the moment she was ousted from power. “Rehana and I survived – just 20-25 minutes apart we escaped death”, Sheikh Hasina said on an audio speech posted on the Facebook page of her Bangladesh Awami League party late on Friday. In August last year, a student-led movement ousted Bangladesh’s Prime Minister, Sheikh Hasina, after weeks of protests and clashes that killed over 600 people. Hasina, 76, fled to India and an interim

India likely to cut disinvestment goal by 40% for financial year 24-25, Economic Times reports

January 18, 2025
Finance

MUMBAI, Jan 18 (Reuters) – India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run into a host of setbacks. The government will likely revise the target to less than 300 billion rupees ($3.47 billion) from the initial 500 billion rupees, the newspaper said, citing people aware of the deliberations. The government may set the target at about 450 billion rupees to 500 billion rupees for the next fiscal year, as it intends

VinFast to enter India with premium electric SUV to take on rivals

January 18, 2025
Finance

NEW DELHI, Jan 18 (Reuters) – Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China’s BYD, which already has a presence in the world’s third-largest car market. VinFast unveiled its VF6 and VF7 SUVs at the India Auto Show in New Delhi, as it hopes to draw buyers to its EVs and contribute to India’s goals of eliminating carbon emissions on a net basis, said Pham Sanh Chau, VinFast’s Asia CEO. “We are turning our focus to India – our next growth frontier,” Chau told

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