RBI introduces new Rs 500 note, old notes to stay valid The Reserve Bank of India has introduced a new batch of Rs 500 notes with the inset letter ‘A.” The older notes would stay valid, the RBI has confirmed. The design of the new Rs 500 note is similar in all respects to the Rs 500 banknotes in the Mahatma Gandhi (new) series. The RBI has made it clear that those Rs 500 … [Read more...] about RBI introduces new Rs 500 note, old notes to stay valid
7th Pay Commission – Cabinet Postpones Meet – Here is What Happens Next on Allowances and HRA The Union Cabinet has fixed a new date to take up the issue relating to higher allowances and HRA as per the 7th Pay Commission. Sources said that the matter was not taken up on Wednesday by the Cabinet. Now the agenda will be set following which the matter will be taken up for final … [Read more...] about 7th Pay Commission – Cabinet Postpones Meet – Here is What Happens Next on Allowances and HRA
Indian Railways to cut Shatabdi Short Run train Fares to Compete with Road Transport Mumbai: The fares for short distance journeys in the superfast Shatabdi Express are set to be reduced in order to avoid the loss of passengers to road transport, reported the Indian Railways. The Indian Railways took this decision following a positive experiment in two such trains wherein … [Read more...] about Indian Railways to cut Shatabdi Short Run train Fares to Compete with Road Transport
7th Pay Commission – What about Performance Related Pay? Like its predecessors, the 7th Pay Commission too has waxed eloquent about performance-related pay (PRP) but without suggesting concrete and satisfactory appraisal tools. To be sure, PRP is any day difficult to design and implement, especially for not-for-profit and non-revenue producing service organisations which most … [Read more...] about 7th Pay Commission – What about Performance Related Pay?
IRCTC to Enable ‘Buy Now Pay Later Feature in Partnership With ePaylater The Indian Railway Catering and Tourism Corporation, popularly known as IRCTC, soon after adding cash on delivery service for railway tickets, is all set to add another feature for booking tickets. You can soon buy your railway tickets via IRCTC website and pay later, which could reduce the hassle of … [Read more...] about IRCTC to Enable ‘Buy Now Pay Later Feature in Partnership With ePaylater