Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Terms and conditions
Business Standard
|October 30, 2025
The Pay Commission must consider all aspects
-
The Union Cabinet on Tuesday approved the terms of reference for the 8th Central Pay Commission (CPC), initiating the process for revising the pay of central-government employees. The pay revision will benefit about five million employees, including defence personnel, and about 6.9 million pensioners. The CPC will be headed by Justice Ranjana Prakash Desai, a former judge of the Supreme Court.
Pulak Ghosh of the Indian Institute of Management, Bangalore, will serve as parttime member, while Pankaj Jain, secretary in the Ministry of Petroleum and Natural Gas, will be member secretary to the CPC. The commission is expected to submit its report within 18 months. It may also choose to submit an interim report, and the recommendations are expected to be implemented from January 1, 2026.
This story is from the October 30, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Sensex, Nifty cap volatile Feb with another 1% drop
Nifty IT index witnesses worst monthly decline in over 17 years
2 mins
February 28, 2026
Business Standard
PM moots ‘reform partnership charter’ with industry, lenders
With the government ramping up capital spending and fostering a conducive policy environment in successive Budgets, it is now time for the private sector to invest, innovate and drive the next phase of globally competitive growth for India, Prime Minister asserted on Friday, mooting a “reform partnership charter” to formalise collaboration among government, industry, financial institutions and academia.
2 mins
February 28, 2026
Business Standard
When Af is left to Pak
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal
5 mins
February 28, 2026
Business Standard
A victim strikes back
Virginia Roberts Giuffre, known as Jenna, was sexually abused by her father at the age of 7 in their house in Florida, raped by teenagers at the back of a truck who said to the police that it was a consensual threesome, and trafficked by a well-known sex trafficker after she was raped by a stranger in a motel when she was trying to escape the “Growing Together” foster system.
3 mins
February 28, 2026
Business Standard
Shaping decisions in a data-driven era
The gross domestic product (GDP) numbers on new base year 2022-23 have been released by the Ministry of Statistics and Programme Implementation (Mospi).
3 mins
February 28, 2026
Business Standard
Gold loan share in bank retail credit doubles to 6% in a year
Loans against gold jewellery surged 128.8 per cent year-on-year (Y-o-Y) to nearly ₹4 trillion in January, mirroring the sharp rise in gold prices, latest Reserve Bank of India (RBI) data shows.
2 mins
February 28, 2026
Business Standard
India set to enter global chipmakers’ club with Micron’s Sanand debut today
The Micron Technology plant in Sanand, set to be inaugurated by Prime Minister Narendra Modi on Saturday, is expected to put India commercially on the global semiconductor map.
1 mins
February 28, 2026
Business Standard
FY26 growth outlook raised to 7.6% after GDP series reset
Economy expands 7.8% in Q3; manufacturing shines bright | Full-yr nominal GDP estimate drops, but growth projection ticks up
3 mins
February 28, 2026
Business Standard
Mitsui, oil firms in talks on joint vessel ownership
Tokyo-headquartered Mitsui OSK Lines(MOL) is in talks with Indian oil marketing companies (OMCs) for joint ownership of oil carriers, Anand Jayaraman, the shipping company’s executive officer for South Asia & Middle East region, told Business Standard.
1 mins
February 28, 2026
Business Standard
Heroes versus role models
YES, BUT...
3 mins
February 28, 2026
Listen
Translate
Change font size