Pink slips, pay cuts and a shrinking job market may trouble employees of private companies, but for employees of around 247 Central government public sector undertakings (PSUs) it is bonanza time. The Government on Thursday announced a pay hike for central PSUs, a decision which would benefit 2.5 lakh employees in over 200 companies. The companies employ around 16,14,000 people.
A1 Team India driver Narain Karthikeyan had four practice rounds on Friday.
http://www.ibnlive.com/news/a1-team-india-car-unveiled-on-chengdu-track/77707-5.html
Min of Rs.350 for domestic and a max of Rs.10,000 for international passengers.
http://www.ibnlive.com/news/airfares-to-go-up-from-saturday--govt-cuts-atf-duty/77181-3.html
A K Antony told Parliament that further revision won't be appropriate.
http://www.ibnlive.com/news/govt-wont-raise-pitiful-pay-for-war-heroes/76501-3.html
The aviation sector is hit hard by high fuel costs and economic crisis.
http://www.ibnlive.com/news/airlines-to-pay-fuel-dues-in-6-monthly-instalments/76461-7.html
The rate cut announcement is a big relief to the banking sector.
http://www.ibnlive.com/news/bankers-react-to-rbis-repo-rate-cut/76276-7.html
The RBI had cut CRR recently and is continuously monitoring the markets.
http://www.ibnlive.com/news/rbi-cuts-repo-rate-by-100-bps--bankers-surprised/76273-7.html
He also said that airlines were not honouring their payment commitments.
http://www.ibnlive.com/news/murali-deora-rules-out-any-review-of-fuel-prices/75964-7.html
Udayan Mukherjee, CNN-IBN's Stocks Experts speaks about economic crisis.
http://www.ibnlive.com/news/global-recession-could-last-longer-stocks-expert/75905-7.html
RBI has crafted out careful measures to avert a crisis like the one in US or UK.
http://www.ibnlive.com/news/rbi-reinvents-game-more-cash-poured-in-to-beat-crunch/75902-7.html
The RBI is in fire fighting mode and wants to see the markets lift up.
http://www.ibnlive.com/news/rbi-cuts-crr-by-1-pc-releases-additional-rs-40k-cr/75896-7.html
After the FM's assurances, Sensex rallied as investors' confidence returned.
http://www.ibnlive.com/news/fm-must-coin-policies-not-assure-financial-experts/75742-7.html
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