Half of Indian employees plan to change jobs: Mercer survey
Posted Date : 25-Aug-2011 , 05:01:14 pm | Posted By CASANSAAR
About 54% of Indian employees are seriously considering leaving their jobs for better opportunities in terms of career and base pay, according to the latest Mercer's What's Working survey. This is a substantial jump of 28% from 26% employees planning to change jobs in 2004. Women may be leadi...
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4 Delhi Metro stations near PM's residence closed
Posted Date : 25-Aug-2011 , 04:48:35 pm | Posted By CASANSAAR
Four metro stations near the Prime Minister's official residence here were closed today as a precautionary measure following a call by Team Anna Hazare to people to hold a protest there. The four stations -- Udyog Bhawan, Race Course, Jor Bagh on Gurgaon Line and Khan Market on Badarpur corrido...
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I can fast for nine more days: Anna Hazare
Posted Date : 24-Aug-2011 , 06:16:52 pm | Posted By CASANSAAR
Amid concerns over his health as his protest entered ninth day, Anna Hazare on Wednesday said he could fast for another nine days.
"My fast has entered the ninth day. Nothing will happen to me. I can fast for another nine days. We will fight together," he told the gathering at Ramlila Maidan. The...
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PricewaterhouseCoopers India grappling with people issues even after two years of the Rs 7,000-crore Satyam fraud case
Posted Date : 22-Aug-2011 , 07:24:11 am | Posted By CASANSAAR
PricewaterhouseCoopers India, one of the largest and oldest professional services firms in the country, is grappling with people issues, including an inability to clearly specify the future role of a former chief and a failure to stem senior partner exits as clients fret on the possible impact...
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Gold rally makes govt richer by $5-bn in August so far
Posted Date : 21-Aug-2011 , 06:40:58 pm | Posted By CASANSAAR
The bullion traders and investors are not alone in reaping rich benefits from the glittering gold prices and the strategy of keeping a substantial holding of the yellow metal seems to be working well for the government too. A sharp rally of over 20 per cent in gold prices so far this month ha...
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Minimum monthly pension for members of EPF could soon increase to Rs 1,000
Posted Date : 20-Aug-2011 , 11:58:25 am | Posted By CASANSAAR
The embattled UPA government is set to give a bonanza to 60 million workers in the organised sector. The minimum monthly pension for members of the Employees' Provident Fund (EPF) could soon increase to Rs 1,000. Currently, most EPF pensioners receive less than Rs 500 a month, but for som...
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Date for Receipt of Applications for Pre-Matric and Post-Matric Scholarship Schemes Extended by the Ministry of Minority Affairs
Posted Date : 20-Aug-2011 , 11:56:16 am | Posted By CASANSAAR
The Ministry of Minority Affairs has extended the last date for receipt of applications from students by States / UTs for fresh cases of Pre-matric and Post-matric Scholarship Schemes up to 31st August, 2011. As per the time-line for Pre-matric and Post-matric Scholarship Schemes 2011-12 issued...
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Bank of America to axe 3,500 jobs, more cuts in store: WSJ
Posted Date : 19-Aug-2011 , 04:46:25 pm | Posted By CASANSAAR
Bank of America Corp will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional positions, a media report says.
Citing people familiar with the situation, the Wall Street Journal said the cuts are expected to be comple...
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Essar Steel Orissa Ltd charged with green violation
Posted Date : 19-Aug-2011 , 06:02:36 am | Posted By CASANSAAR
The Wildlife Society of Orissa (WSO) has accused the Orissa government of not asking Essar Steel Orissa Ltd to stop dredging sand from the bed of River Mahanadi near Paradip in complete violation of the Coastal Regulatory Zone (CRZ) Notification, 2011 and Forest (Conservation) Act, 1980. ESOL is set...
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Twelfth five-year plan to aim at 9% growth rate
Posted Date : 19-Aug-2011 , 06:01:31 am | Posted By CASANSAAR
The next five-year plan is going to maintain its target growth rate at 9% despite recent events pointing to apprehensions of a downturn in western economies. The planning commission is due to firm up its approach to the twelfth plan (2012-17) on August 20 in a meeting chaired by Prime Minister Manmo...
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Benami transactions bill introduced in Parliament
Posted Date : 19-Aug-2011 , 05:59:26 am | Posted By CASANSAAR
The government on Thursday introduced in Parliament a comprehensive bill to clampdown on 'benami transactions'. The Benami Transactions (Prohibition) Bill 2011 provides for confiscation of such property and imprisonment. The new bill, introduced by finance minister Pranab Mukherjee, will replace the...
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Jan Lokpal Bill: Anna Hazare to fast at Ramlila Maidan from tomorrow
Posted Date : 18-Aug-2011 , 02:45:05 pm | Posted By CASANSAAR
Gandhian Anna Hazare will fast at Ramlila Maidan from tomorrow. Arvind Kejriwal, a civil society member said that Anna will leave Tihar only after taking stock of preparations. Team Anna members said that once Ramlila Maidan is ready, Anna will leave Tihar Jail. Meanwhile, Team Anna has gi...
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Government suspends M Ramadoss as chairman of New India Assurance
Posted Date : 18-Aug-2011 , 08:06:13 am | Posted By CASANSAAR
The government has suspended M Ramadoss chairman of New India Assurance of the country's largest general insurance firm. Central Bureau of Investigation is examining Ramadoss' role in the irregularities in distribution of credit insurance cover to Paramount Airways.
This is the second inst...
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Statement of Prime Minister today in Lok Sabha on Anna Hazarre's movement for bringing Jan Lokpal Bill.
Posted Date : 17-Aug-2011 , 01:47:56 pm | Posted By CASANSAAR
Following is the text of the statement made by the Prime Minister, Dr. Manmohan Singh in the Lok Sabha today:
"Hon’ble Speaker,
2. It is my painful duty to report to this House certain events that took place yesterday in New Delhi.
3. Hon’ble Members are aware that after...
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Rs 20 lakh crore illicit money flows out from India : GFI
Posted Date : 17-Aug-2011 , 07:57:28 am | Posted By CASANSAAR
A report of Global Financial Integrity (GFI) has estimated the total value of illicit money that has flown out of India at 462 billion US dollar approximately 20 lakh crore rupees. In a written reply to the Rajya Sabha, minister of state for Finance,S S Palanimanickam informed this. He said, the pre...
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July headline inflation at 9.22 pc y/y: Govt
Posted Date : 16-Aug-2011 , 01:03:33 pm | Posted By CASANSAAR
India's wholesale price index (WPI) rose an annual 9.22 percent in July, government data showed on Tuesday. The figure was almost in line with the median forecast for a 9.20 percent rise in a Reuters poll and was lower than the annual rise of 9.44 percent in June. The WPI is more closely w...
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On the Occasion of Independence Day 18 RPF Officers Received President
Posted Date : 15-Aug-2011 , 06:10:39 am | Posted By CASANSAAR
On the occasion of Independence Day, 2011, the Hon’ble President awarded President’s Police Medal for Distinguished Service and Police Medal for Meritorious Service to following Railways Protection Force/Railway Protection Special Force ( RPF/RPSF) officers and per...
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Prime Minister
Posted Date : 14-Aug-2011 , 09:30:42 am | Posted By CASANSAAR
Following is the text of Prime Minister’s reply to Shri Anna Hazare’s letter dated 14th August, 2011:“I have received your letter, carrying the date 14th August, 2011 and carefully read its contents. Your grievance that the police has given you permission to protest and go on ...
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Full text of Anna Hazare's letter to PM Manmohan Singh
Posted Date : 13-Aug-2011 , 10:21:21 pm | Posted By CASANSAAR
India Against CorruptionA-119, Kaushambi, Ghaziabad . 201010. UP Ph: 09868069953www.indiaagainstcorruption.orgDate: April 6, 2011 To,
Dr. Manmohan Singh,Hon'ble Prime Minister of IndiaNew Delhi
Dear Dr. Singh,
I have started my indefinite fast at Jantar mantar. I...
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Disinvestment of 10% paid up equity of National Buildings Construction Corporation Limited
Posted Date : 12-Aug-2011 , 08:10:32 am | Posted By CASANSAAR
The Union Cabinet today gave its approval for divestment of 10% of total paid up equity of National Buildings Construction Corporation Ltd. (NBCC) out of its holding through Initial Public Offering (IPO) in the domestic market. The Government of India holds 100% of the equity in the Company. This wi...
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Parliament permits government to mint Rs 1,000 denomination coins
Posted Date : 11-Aug-2011 , 05:23:31 pm | Posted By CASANSAAR
Parliament on Thursday permitted the government to mint coins of Rs 1,000 denomination even as nostalgia over withdrawal of 25 paise coins (chawani) was witnessed among Rajya Sabha members. The Coinage Bill, 2009 passed by the Upper House, limits payment by an individual through coins up to Rs ...
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Supreme Court : Now, you can use RTI to re-evaluate answer-sheets
Posted Date : 10-Aug-2011 , 01:12:18 pm | Posted By CASANSAAR
The Supreme Court on Tuesday ruled that students aggrieved with their examination scores - class X and XII, entrance exam for professional courses as well as job recruitment tests - can now take a look at how they were evaluated by moving an application under the Right to Information A...
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Per capita income has grown 120% between FY'05 and FY'11:Government
Posted Date : 04-Aug-2011 , 10:15:19 pm | Posted By CASANSAAR
The per capital income in the country has jumped over two-folds between 2004-05 and 2010-11 to touch Rs 54,835 per annum, Parliament was informed today. In a written reply to the Lok Sabha, Minister of State (Independent Charge) for Statistics and Programme Implementation Srikant Jena said that...
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No subsidised gas for people with income of Rs 6 lac/yr:Panel
Posted Date : 03-Aug-2011 , 05:33:42 pm | Posted By CASANSAAR
The government should end subsidised domestic cooking gas (LPG) for people with income of more than Rs 6 lakh per annum, a Parliamentary Panel has suggested. A 14.2-kg LPG cylinder in Delhi currently costs Rs 395.35. This is Rs 247 short of its market price. If the panel recommendation is accep...
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Barack Obama and Congressional leaders strike a deal for raising US debt limit
Posted Date : 01-Aug-2011 , 07:32:42 am | Posted By CASANSAAR
PresidentBarack Obama and congressional leaders began a fresh attempt to reach agreement on raising the US debt cap, with a potential framework for a deal emerging two days before a threatened default deadline. The White House and congressional Republicans have sketched out the contours of an agreem...
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Approach Parliamentary panel for changes in Lok Pal Bill: Sibal
Posted Date : 29-Jul-2011 , 05:20:44 pm | Posted By CASANSAAR
Government has said people who are not satisfied with the Lok Pal Bill approved by Cabinet can approach the Standing Committee of Parliament and persuade it to make changes.
HRD Minister Kapil Sibal, who was part of the joint committee to draft the Bill, said the government had already ta...
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Lokpal Bill: Cabinet keeps PM out, Anna's version dumped
Posted Date : 28-Jul-2011 , 02:40:46 pm | Posted By CASANSAAR
The union cabinet on Thursday approved the draft of the anti-corruption Lokpal bill, to be presented in the monsoon session of parliament beginning August 1, Information and Broadcasting Minister Ambika Soni said. The draft bill excludes from its ambit the prime minister, the chief justice of Ind...
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IRDA mulls making listing of life insurance companies mandatory
Posted Date : 23-Jul-2011 , 12:36:27 pm | Posted By CASANSAAR
Insurance regulator Irda on Friday said it is mulling over making it mandatory for insurance companies to go public, even though the final IPO norms are still awaited and most players are not keen to hit the market. "The (Insurance) Act doesn't stipulate companies to go public, but the regulato...
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Cabinet approves draft of Benami Transaction Prohibition Bill 2011
Posted Date : 21-Jul-2011 , 06:37:36 pm | Posted By CASANSAAR
Enactment of a new legislation in place of Benami Transactions (Prohibition) Act, 1988 - Introduction of the Benami Transactions (Prohibition ) Bill, 2011
The Union Cabinet today approved the proposal for the enactment of a new legislation in the form of the Benami Tra...
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Penalty for illegal mining may be Rs 25,000 per hectare
Posted Date : 19-Jul-2011 , 05:44:26 pm | Posted By CASANSAAR
Mining without licence is likely to attract a penalty of up to Rs 25,000 per hectare or two years imprisonment or both, and failure to implement mines closure plans is likely to cost Rs 1,000 per day per hectare, according to recommendation of a GoM.
The Group of Ministers (GOM) on mines ...
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