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Pay Commission pay scale, effective from January 1, 2016, along with time-bound salary increments, Madhya Pradesh Chief Minister Shivraj Singh Chouhan announced on August 28. The time-bound pay scales will be extended to doctors in all departments, with salary increments granted at five, ten, and fifteen years of service without the requirement of promotion, reported PTI.

Also read: WHO flags 7 India-made syrups in its probe on contaminated medicine causing 300 deaths globally Recent favourable environmental tests in Peshawar and Karachi have underscored the persistent risk of a polio epidemic in Pakistan, as noted by the committee. Furthermore, the committee reported the identification of a new case of Wild Poliovirus Type 1 (WP1) in Pakistan in 2023, bringing the year's total to 2 cases.

Given the longer-term growth story of Indian markets and current reasonable valuation levels, investors have an opportunity to accumulate quality stocks at the current juncture, said Karan Doshi, Fund Manager and Senior Equity Research Analyst of LIC Mutual Fund, in an interview with Mint. He underscored one should invest in companies with good corporate governance, a healthy balance sheet, strong growth potential over the next three to five years and valuations at reasonable levels. Edited excerpts: Indian economy is at an inflexion point that marks the start of a new virtuous growth cycle.

Zip Co is still running a hefty annual loss but reported record transaction volumes and revenue, despite the discretionary spending slowdown, suggesting there may still be some life in the buy now, pay later sector.

Reliance Industries (RIL) share price traded lacklustre in early trade on BSE on Tuesday, a day after the company held its 46th Annual General Meeting (AGM) to present the business blueprint for the next decade. The stock opened at ₹2,447 against the previous close of ₹2,442.55 but slipped over half a per cent to ₹2,424 soon. The stock traded 0.40 per cent lower at ₹2,432.75 around 9:20 am.

₹400 crore, or less than $45 million. The primary objectives of the Aditya-L1 mission would be to study the upper atmospheric conditions of the sun, including observing heating in the sun’s corona—the outermost layer of the solar atmosphere. Studies will also seek to observe solar flares, as well as get a deeper understanding of the physics behind partially ionized plasma—also known as the fourth state of matter.

Bonus shares 2023: Shares of Indo US Bio-Tech Ltd are one of the multibagger stocks that Indian stock market has delivered in 2023. This small-cap stock with a market cap of ₹265 crore has given over 500 per cent return in last one year whereas in YTD time, it has risen from around ₹150 to ₹530 apiece levels, delivering to the tune of more than 250 per cent in this time. However, this is not the end for positional investors of the multibagger stock as the company board has declared bonus shares setting record date for issuance of bonus shares on 29th August 2023.

Chennai rains: The Regional weather department in Tamil Nadu has predicted heavy rains in several parts of the state today. As per Regional Meterological Centre in Chennai, light to moderate rain at a few places with thunderstorm and lightning at one or two places is likely to occur over Tamil Nadu, Puducherry and Karaikal area today. Moreover, the weather department has predicted heavy rains in Thanjavur, Ariyalur, Perambalur, Pudukkottai, Sivagangai, Tiruchirapalli, Dindigul, Theni and Madurai districts of Tamil Nadu today.

Reliance Industries Ltd (RIL) chairman Mukesh Ambani said his three children — daughter Isha and sons Akash and Anant — will be inducted on the board as non-executive directors. He will continue as chairman and managing director for another five years, he announced at the RIL annual general meeting (AGM) on Monday. Additionally, wife Nita Ambani resigned from the RIL board, making way for her children and to focus on the Reliance Foundation philanthropic arm, of which she's chairperson. She will continue to attend all the RIL board meetings as a permanent invitee. The announcement comes a year after the billionaire chairman said his children would have significant roles in the businesses of India's most valuable private sector company. «I am happy to report to you that earlier today, the board met and recommended the induction of Isha Ambani, Akash Ambani and Anant Ambani into the board of directors of RIL,» Mukesh Ambani said in his address to shareholders at the 46th AGM held virtually. «I can proudly say that they have earned their stripes through dedication, commitment, and hard work.»'Will mentor Akash, Isha and Anant'

AU Small Finance Bank is fast expanding its credit cards business, competing with some full-service commercial banks as well as the new generation of fintech companies that are trying to grab a share of this growing segment. Within two years of starting its own cards business, the bank currently has more than 600,000 credit cards in the market and sees it as a tool to attract new customers. Its competitors include Federal Bank (650,000 cards) and SBM India (940,000 cards), both full service commercial banks which too have scaled up their credit cards businesses recently. While SBM India and Federal Bank have strong co-branded partnerships, AU Small Finance Bank has built its own distribution franchise. Interestingly, credit cards are usually not the product banks look to scale up at the beginning of their journey.

Staff at KPMG and Deloitte are most willing to lodge workplace complaints and least likely at Accenture, misconduct data disclosed by the nation’s five major consulting firms show. EY and PwC sit in the middle of the pack.

Former Pittsburgh Pirates investor and newspaper publisher G

The Mexican government says it has sent 1,200 more troops to the cartel-dominated western state of Michoacan after a weekend of violence

Next Science, owner of medical solutions to prevent surgical and wound infections, launched a $28.9 million raising on Tuesday morning split across five legs.

By Jonathan Stempel and Mike Scarcella

Iran has summoned a Swiss diplomat over the apparent U.S. seizure of Iranian crude oil from a ship that sat for months off Texas

Polish security authorities are investigating multiple cases of disruption to railway traffic, after unauthorized radio signals stopped several trains over the weekend

Longevity risk continues to be a hot topic for advisors, especially as their clients continue to suffer from a lack of “longevity literacy.“

₹50,000 per family in ODF villages. “All these facts demonstrate the positive changes and well-being in rural India," Shekhawat said. India’s remarkable transformation in rural sanitation access—from 39% in 2014 to 100% today—is the world’s largest behavioural change campaign, he said.

NEW DELHI : The El Nino phenomenon that developed in July has remained weak, but has affected rainfall in August due to changes in atmospheric conditions, India Meteorological Department (IMD) director-general Mrutyunjay Mohapatra said, adding it will turn moderate in September and remain strong till December. Mohapatra said below-normal rainfall is expected in the rest of August as well. In a wide-ranging interview, the IMD chief spoke of rainfall distribution and deficiency, forecast errors and extreme weather events.

NEW DELHI : Swedish furniture retailer Ikea is set to commence e-commerce operations in the national capital region (NCR) ahead of opening two large shopping centres over the next two years. E-commerce operations will begin by the end of 2024, said Susanne Pulverer, chief executive and chief sustainability officer at Ikea India. The Swedish company is now entering the next phase of growth in the country, marking its presence across major metros and scaling up local sourcing.