Tag Archives: Hike

Rupee Starts On A Weak Note, Hurt By A Re-Energised Dollar On US Rate Hike Risks

Rupee Today: Rupee starts on the backfoot on dollar’s sharp rise The rupee started on a weak note early on Monday, tracking a re-energised dollar after blockbuster US jobs data pushed expectations for a bigger-sized Federal Reserve rate hike, hurting global risk assets. Bloomberg quoted the rupee last at 79.4788 against the greenback, after opening weaker… Read More »

DA (Dearness Allowance) Hike For Central Government Employees Due: Details Here

Centre likely to increase DA (Dearness Allowance). All you need to know The Union Cabinet is due to revise Dearness Allowance for the second half of this year. The Madhya Pradesh government, on August 1, hiked the Dearness Allowance (DA) to 34 per cent from the existing 31 per cent for over 7.5 lakh government… Read More »