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    7th Pay Panel Recommendations

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    • Government may pay Rs 34,600 cr as arrears in August salary

      The government had last month announced that it will pay its employees arrears arising out of implementation of the 7th Pay Commission award at one go in August salary.

    • Durables, auto to gain from Rs 45,000cr Pay Panel bonanza: Study

      Tata Strategic Management Group's report titled Un-Locking the 7th Pay Commission Bonanza highlights several cities and consumer categories that will expect upswing in sales thus presenting a window of opportunity for firms to target large revenue growth in specific geographies.

    • New RBI Governor should continue Rajan's inflation fight: DBS

      "Domestic markets have put their faith behind the Indian central bank as a credible and independent institution, pinning hopes that Governor Rajan's successor will also prioritise inflation over other economic objectives," it said.

    • 5% inflation target a challenge; macro stability key: Moody's

      In its final monetary policy for current fiscal, RBI today left the key policy rate unchanged but indicated at accommodative stance saying with "inflation moving closer to the target" there would be more room for rate cut to support growth.

    • Hopeful of getting GST Bill passed in winter session: Sinha

      Jayant Sinha, Minister of State for Finance, said the government is working with the opposition to try and arrive at a consensus on GST and is hopeful of getting the bill passed in the Winter Session of the parliament.

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