The Unified Pension Scheme (UPS) is set to bring significant changes for government employees once it is fully implemented after the 8th Pay Commission. A key aspect of this change is the establishment of a minimum pension for eligible retirees, which will provide financial security to a large number of civil servants.
Key Features of the Unified Pension Scheme (UPS)
The minimum pension…
In a surprising development in U.S. politics, former President Donald Trump recently announced his intention to appoint billionaire Elon Musk as head of a new government efficiency commission if he wins the 2024 election. This commission, a proposed “Department of Government Efficiency,” would focus on reducing government waste and improving federal operations, marking Musk’s…
In a major development in India’s snack industry, Blackstone Group is reportedly considering acquiring a 15-20% stake in Haldiram’s, one of the most recognized snack brands in India. The proposed deal values Haldiram’s at $8 billion, though negotiations have seen challenges due to valuation disagreements. Haldiram’s, a brand with deep roots in Indian culinary history, initially…
Union Finance Minister Nirmala Sitharaman sparked a nationwide conversation on patriarchy in India by labeling it a “leftist concept.” She questioned whether patriarchy ever hindered prominent women like Indira Gandhi from becoming leaders, referencing Gandhi’s tenure as Prime Minister to challenge narratives that position patriarchy as a primary barrier for women. Speaking to…
