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Fitment Factor 2.0 Demand Can Be On Cards — Check Expected Salary Revision

One of the key stakeholders who would be involved in deliberations with the 8th Pay Commission may push for a fitment factor of 2.0 for the revision of salaries of central government employees bracketed under Pay Band 1, a senior union leader indicated.

“We are expecting the minimum salary to be…

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RBI rate cut: Impact on bond market and what it means for bond holders

Market Wrap: Financial stocks drag D-Street lower after RBI cuts repo rate; Sensex sheds 190 pts, Nifty below 23,600