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On New Year, Manipur CM N Biren Singh announces 7% DA Hike for state govt employees – CNBC TV18

[ad_1] In what comes as a new year gift for the state government employees, Manipur Chief Minister N Biren Singh has announced a significant 7% increase in the Dearness Allowance (DA), raising it to 39% starting from January 2025. The decision is expected to provide financial relief to thousands of government workers in the state. […]

Write back of earlier provisions lightens SBI’s wage bill in September quarter – CNBC TV18

[ad_1] State Bank of India—the country’s largest lender—witnessed its wage bill for the September quarter decline by 22% to ₹14,807 crore. That was the lowest employee cost for the bank in absolute terms over the last eight quarters. Further, the double-digit drop in employee cost is also the biggest since June 2008. As of September […]

Dearness allowance raise of 3% approved for central government employees: Sources – CNBC TV18

[ad_1] The government has announced an increase in the Dearness Allowance (DA) for central employees ahead of Diwali. This increase will come into effect from July. Today, a meeting of the central cabinet took place in Delhi, during which the cabinet officially approved a 3% rise in DA. As a result, central employees will receive […]

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