BIANNUAL REVISION
CA final exams reduced to two attempts a year: When does ICAI new rule comes into effect and the revised exam timetable
CA Final Exams rule change: The Institute of Chartered Accountants of India (ICAI) has announced a significant revision to the CA Final Examination framework, reducing the frequency of attempts from three times a year to twice a year. Starting from the May 2026 cycle, the examinations will be held exclusively in May and November, effectively discontinuing the January session.
Flight operations at Thiruvananthapuram airport to be halted for five hours on October 30
Thiruvananthapuram International Airport will halt flight services for five hours on October 30, from 4:45 pm to 9:00 pm. This temporary suspension is to accommodate the 'Alpassi Arattu' procession of the Sree Padmanabhaswamy Temple, which traditionally crosses the airport runway. The airport has observed this centuries-old ritual for decades, with operations suspended twice annually for the temple's biannual festivals.
JKBOSE 10th date sheet 2025 released; exams to begin November 3; Check full schedule here
The Jammu and Kashmir Board of School Education has announced the Class 10 date sheet. Exams for the Kashmir division and Kargil district will begin November 3, 2025. Mathematics will be the first paper. The schedule will conclude on November 27, 2025. The board has also released a revised schedule for Bi-Annual 2025 examinations.
How much DA hike can central government employees expect from January this year?
The government is likely to announce a Dearness Allowance hike for central government employees and pensioners, effective January 1, 2025, sometime soon. Experts are predicting a 2% to 4% increase, impacting salaries and pensions positively. The increase will be determined based on inflation data. The formation of the 8th Pay Commission, which will be effective starting January 1, 2026, is also set to hike salaries and pensions of central government employees.
Cabinet approves 3% DA hike for govt employees ahead of Diwali
DA Hike: The Union Cabinet has approved a 3 per cent increase in Dearness Allowance for central government employees and pensioners. This decision is expected to provide a financial boost to about 1.15 crore beneficiaries amid rising living costs. The most recent adjustment was a 4 per cent increase, effective from January 2024.
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CA exam 2024 Date: Delhi HC rejects exam reschedule plea, says which law says no exam during elections
CA exam 2024 Date: The Delhi High Court is reviewing the Chartered Accountants (CA) Inter and Final exam dates for May 2024, prompted by concerns from CA aspirants. The Institute of Chartered Accountants of India (ICAI) revised the schedule due to upcoming elections but faced petitions for further changes. Additionally, ICAI plans to offer CA exams thrice a year, providing candidates with more opportunities for success.
Volume for complex fertilisers to grow 4-5% next fiscal: CRISIL
Domestic sales of complex fertilisers in India are expected to grow by 4-5% in fiscal year 2025, driven by a normal monsoon and stable retail prices, according to a report by CRISIL. The growth rate for these fertilizers was 7-8% in fiscal year 2024, but the operating profitability of fertiliser makers is expected to decline by 30-35% this fiscal year. The report predicts that profitability will rebound next fiscal year due to stable raw material prices and revised nutrient-based subsidy rates.
CNG prices hiked in Delhi and NCR areas. Check latest rates
The Centre had earlier this year adopted a new gas pricing formula and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10 per cent.
Government changes gas pricing formula, caps rates to rein-in CNG, piped cooking gas prices
From April 1, APM gas will be priced at 10 per cent of the price of basket of crude oil that India imports (Indian basket of crude oil). The rate such arrived at however will be capped at USD 6.5 per million British thermal unit as against current gas price of USD 8.57 per mmBtu.
Volatile food prices led to RBI missing inflation forecasts - economists
Inflation has been above the RBI's quarterly projections in the bi-annual monetary policy report (MPR) in eight out of the last 10 quarters until September, while retail price rise exceeded the 4%-6% mandated target band since January. RBI's inflation projections in the MPR are based on its economic model but the extreme weather conditions have made food price volatility hard to predict, said economists.
ONGC, OIL to benefit from upward revision in gas prices
The Union government raised the domestic gas price by 40% to $8.6 mmbtu on October 1 from $6.2 earlier. The price is computed based on the weighted average trailing 12-month price with a lag of three months of the gas benchmarks in the US, UK, Russia and Canada.
US eyes making H-1B more flexible for startups, pacing up green card process
In a new addition to its regulatory agenda, DHS plans to issue a proposed rule to improve processing of Form I-485 (adjustment of status applications, which are filed by those in the US, such as H-1B workers who are transiting to a green card). A reduction in processing time will be of great help to the Indian diaspora. This proposed draft rule is currently slated for publication in May 2023.
Gas price for ONGC to inch up to $1.82, fall below $4 for Reliance-BP
The price of gas, which is used to generate electricity, make fertiliser and convert into CNG for automobiles and cooking gas for households, is due to bi-annual revision next week.
Shifting consumer pattern: Indians are spending less on food and more on housing, health & education
Expense on housing has gone up from 15.2% in 2001 to 16.87% now while expenses on miscellaneous items including health and education is also up from 23% to 30%, as per the revised index launched by the Labour Bureau on Thursday.
Revised inflation index to impact DA, put more money in hands of govt employees: Official
The index, with revised base year, is likely to be released next week and will impact inflation as well as dearness allowance calculation for 11 million government employees and pensioners.
Trump Spring Agenda proposes changes in H-1B, H4 EAD and OPT programs
The Department of Homeland Security proposes to revise the definition of specialty occupation to focus more on getting the best and the brightest foreign nationals via the H-1B programme, and revise the definition of employment and employer-employee relationship to better protect US workers and wages, it said.
US Homeland may tweak H-1B & L-1
The changes may see the introduction of additional requirements to ensure employers pay appropriate wages to H-1B visa holders.
Navy Commanders Conference to discuss modernisation challenges
They will also be deliberating on key technological enablers for the transformation of Navy during the second edition of this biannual Commanders' Conference.
With 8.8% tax-free returns, EPF can be bulwark of retirement plan
The interest rates were already linked to the government bond yields and were revised once in a year. Now they will be revised every quarter.
Station masters to 'gherao' Finance Ministry for salary revision
Station Masters of 68 divisions of Indian Railway will "gherao" the Union Finance Ministry on September 2 in support of their demand for grade pay revision and threatened to launch rail-roko if their demands were not met before the release of Seventh pay commission report.
DGCA issues notice to Jet Airways after pilots found flying without clearing test
Jet Airways said that the airline has replied to the DGCA on the matter and that all its pilots "are now compliant with the current PPC cycles."
Rail Budget 2014: No hike in fares; periodic fuel price-linked passenger fare hike to continue
Railways today made it clear that it would continue with the fuel adjustment component (FAC) to revise the passenger fares every six months.
World food import bill expected at $1.4 trillion in 2012; down by 10%
Lower global prices and freights, together with less cereal purchases are predicted to reduce global expenditure on imported foodstuffs.
Bonded labour is rampant, state government to conduct survey: Supreme Court
SC directed all the states & Union territories to conduct a survey on existence of bonded labour in their regions and take steps to rehabilitate them.
World Bank slashes global growth forecast for 2012 to 2.5%
The World Bank today sharply lowered its global economic growth forecast for 2012 to 2.5 per cent, citing European financial turmoil.
Govt employees to get 10% hike in DA as retail prices rise
Central and state government employees would get 10 per cent additional dearness allowance with effect from July 1 this year, on the basis of retail price inflation.
Cabinet clears 6% DA hike for central govt employees
In a big bonanza for central government employees and pensioners, the Union Cabinet on Thursday approved a proposal to release additional instalments of dearness allowance (DA) and dearness relief (DR) in cash at the rate of 6%.
Govt may clear DA hike for central staff
Central government employees are in for a big bonanza. The government is planning to raise their dearness allowance (DA) entitlement by 6%.
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