The Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a separate fitment-factor structure for different categories of employees under the 8th Pay Commission, moving away from the uniform formula followed in previous pay revisions, according to an ET report.The railway technical staff body has suggested five different fitment factors ranging from 2.92 to 4.38 across…

Nifty started on a positive note but remained range-bound during the initial hour of trade. The index later witnessed a breakout from the consolidation zone and surged to an intraday high of 23,983. However, the momentum could not sustain at higher levels, as profit booking emerged, leading the index to pare some of its gains…

A US delegation will visit India from June 1-4 for trade negotiations with both sides expected to continue discussions on a proposed interim agreement as well as the broader bilateral trade pact, Commerce ministry statement said on Wednesday.According to the official statement, India and the US are proposed to finalise details of the interim trade…

The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…