Why India’s elite are investing abroad for citizenship? Financial planner sheds light on migration data 

Why India’s elite are investing abroad for citizenship? Financial planner sheds light on migration data 

An increasing number of millionaires are choosing to relocate, with approximately 10,000 millionaires having left India in the past two years, as per the Henley Private Wealth Migration Report. The 2024 report predicted that India will see a notable net loss of 4,300 millionaires this year. Although this figure is lower than the 5,100 who … Read more

Will there be a change in retirement age for government servants? Here’s what Centre said

Will there be a change in retirement age for government servants? Here’s what Centre said

The Centre has stated that it is not currently planning to reconsider the retirement age criteria for central government employees. BJP MP Tejasvi Surya asked about the government’s plans to standardize the retirement age for all government employees at either 30 years of service or upon reaching 60 years of age, whichever comes first. The … Read more

Jobs on compassionate grounds: Can married daughters get their father’s jobs? Govt replies

Jobs on compassionate grounds: Can married daughters get their father’s jobs? Govt replies

The objective of offering appointments on compassionate grounds is to alleviate financial hardship faced by the family members of a government employee who passes away while in service. But are married daughters of deceased or medically retired government servants eligible for government job appointments on compassionate grounds? The government has recently verified that married daughters … Read more

Indian economy is on a firm footing: RBI annual report

Indian economy is on a firm footing: RBI annual report

Kolkata: The Indian economy is on a firm footing with an improved external sector sustainability and a robust corporate balance sheet which along with a thrust on production linked incentive schemes could boost employment, said the Reserve Bank of India in its annual report. “The outlook for the Indian economy remains bright, underpinned by a … Read more

Kharge lashes out at BJP, says only 12.2 lakh formal jobs added in 5 years

Kharge lashes out at BJP, says only 12.2 lakh formal jobs added in 5 years

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge. Congress president Mallikarjun Kharge on Friday claimed that India under the Modi government has added only 12.2 lakh formal jobs in the past five years, and said that for the survival of the poor and middle class, the BJP needs to be “thrown out … Read more

PMAY creates over 1.2 crore employment opportunities so far

PMAY creates over 1.2 crore employment opportunities so far

The Centre’s flagship housing programme – Pradhan Mantri Awas Yojana – has created over 1.2 crore employment opportunities, said Grant Thornton Bharat’s ‘Affordable Housing in India‘ report. The report cited that these employment opportunities so far were created through forward and backward linkages across 21 sectors. Besides, the report said that these sectors include 250 … Read more

Haryana to implement reservation in private jobs from May 1

Haryana to implement reservation in private jobs from May 1

Haryana’s private job reservation law which provide 75 per cent employment opportunities in private sector for people belonging to the state will come into force from May 1, said Deputy Chief Minister Dushyant Chautala on Friday while inaugurating the newly constructed flyover near village Bandhwadi on the Gurugram-Faridabad road. The deputy CM stated that after … Read more