Employee unions have pressed the 8th Pay Commission for a higher fitment factor, pension changes and a five-family formula. A senior representative said fiscal pressure and long-term liabilities could push the government towards a middle path.
The S&P BSE Sensex surged 1,073.61 points, or 1.42%, to settle at 76,488.96, while the NSE Nifty50 jumped 250.30 points, or 1.06%, to close at 23,969.60.
The benchmark BSE Sensex surged 892.05 points, or 1.18%, to 76,307.40 around 9:24 am, while the NSE Nifty50 jumped 259.50 points, or 1.09%, to 23,978.80, moving closer to the key 24,000 mark.
India's housing market is tilting towards luxury projects even as affordable demand remains strong. Experts say rising costs, weak funding and policy gaps are pushing home ownership further from the middle class.
The BSE Sensex ended 231.99 points, or 0.31%, higher at 75,415.35. The Nifty 50 gained 64.60 points, or 0.27%, to close at 23,719.30.
As the 8th Pay Commission widens consultations, employee unions are renewing their push for the Old Pension Scheme. But with Rs 16.5 lakh crore already inside NPS, the debate is shifting towards guaranteed pension safeguards within the existing system.
At 1:45 PM, the BSE Sensex was up 514.96 points, or 0.68%, at 75,698.32. The index touched an intraday high of 75,810.97 and a low of 75,230.75.
The BSE Sensex was up 336.46 points at 75,519.82 around 9:26 am, while the NSE Nifty50 gained 86.30 points to trade at 23,741.00.
The rupee has extended its losing streak as a stronger dollar, costly crude and foreign outflows weigh on it. The sharper slide against several Asian peers has turned the move into a wider inflation and trade concern.
The BSE Sensex jumped 345.02 points, or 0.46%, to 75,663.41 in early trade, while the NSE Nifty50 rose 131.30 points, or 0.55%, to 23,790.30 as of 9:44 am.
The BSE Sensex rose 117.54 points, or 0.16%, to close at 75,318.39, while the NSE Nifty50 gained 41 points, or 0.17%, to settle at 23,659.
The BSE Sensex fell 389.19 points, or 0.52%, to 74,811.66 in early trade, while the NSE Nifty50 dropped 107.90 points, or 0.46%, to 23,510.10 as of 9:39 am.
The BSE Sensex fell 389.19 points, or 0.52%, to 74,811.66 in early trade, while the NSE Nifty50 dropped 107.90 points, or 0.46%, to 23,510.10 as of 9:39 am.
The S&P BSE Sensex slipped 114.19 points, or 0.15%, to close at 75,200.85, while the NSE Nifty50 fell 31.95 points, or 0.14%, to settle at 23,618.
The S&P BSE Sensex jumped 365.07 points, or 0.48%, to 75,680.11 in early trade, while the NSE Nifty50 gained 107.55 points, or 0.45%, to 23,757.50, as of 9:40 am.
The S&P BSE Sensex added 77.05 points to end at 75,315.04, while the NSE Nifty50 gained 6.45 points to close at 23,649.95.
A Rs 1 crore budget today may not fetch a decent home in many parts of Gurgaon or Delhi, while buyers earning even Rs 20 lakh annually are struggling to balance EMIs, savings, and lifestyle costs.
Speaking exclusively with indiatoday.tech, Dr Manjeet Singh Patel, National President of the All India NPS Employees Federation (AINPS), explained when central government employees could realistically expect revised salaries and pensions under the 8th Pay Commission.
The benchmark BSE Sensex plunged 939.10 points, or 1.25%, to 74,298.89 at 9:37 am, while the NSE Nifty50 fell 284 points, or 1.20%, to 23,359.50.
Hidden inside every motor insurance policy is something called No Claim Bonus, or NCB, a reward insurers give customers for not making claims. Over time, it can reduce premiums significantly. Yet despite being one of the most valuable benefits in motor insurance, it is also one of the least understood.
