Stay updated with the latest cost-of-living news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on cost-of-living topics.
Layoffs have swept through the tech industry, with Oracle recently cutting around 30,000 jobs globally as part of a major restructuring exercise. As many laid-off employees shared their experiences, one post stood out for its calm and practical approach. A former Oracle employee, who had worked in the tech industry for 14 years, faced sudden unemployment but chose to return to his hometown of Bhubaneswar rather than panic. Nayak Satya, who shared the story on X (formerly Twitter), described ho ...Read More >
Mumbai, April 2: Millions of central government employees and pensioners are awaiting an official announcement regarding the first Dearness Allowance (DA) revision of 2026. While the hike is typically announced in March, the decision has been delayed past the Holi festival, leading to widespread speculation. Current indicators suggest the government will approve a 2 per cent increase in April, raising the allowance from 58 per cent to 60 per cent. This revision is particularly significant as it ...Read More >
New Delhi [India], April 2 (ANI): The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have agreed to form a coordination group to maximize their institutions' response to the energy and economic impact of the war in the Middle East. According to a joint statement by the organizations, the decision followed an assessment of the significant disruptions currently affecting global markets. "The Middle East war has caused major disruptions to ...Read More >
‎New Delhi, April 1 (UNI) Congress President Mallikarjun Kharge on Wednesday launched a sharp critique of the Modi government, alleging that its economic policies have led to a rise in the cost of essential goods and services, placing a growing burden on ordinary citizens. ‎In a post on X, Kharge claimed that the government has "severely damaged the country's strategic and economic policies," adding that the impact is being felt by "1.4 billion Indians." He said that from today, prices of sever ...Read More >
Mumbai, April 1: The Ministry of Finance has formally set an 18-month timeline for the 8th Central Pay Commission (8th CPC) to submit its recommendations, a move that will impact the earnings and retirement benefits of millions of central government employees and pensioners. Constituted on November 3, 2025, the commission is tasked with reviewing the existing pay structures, allowances, and pensions. While the final report is expected by mid-2027, officials indicate that any approved salary hik ...Read More >
New Delhi, March 31 (SocialNews.XYZ) Poverty in Pakistan has surged to 43.5 per cent, according to the Social Policy and Development Centre (SPDC), indicating a far graver situation than official estimates by the Pakistan Bureau of Statistics (PBS) and the Planning Commission, which place poverty at 28.9 per cent, according to an article in the Karachi-headquartered Express Tribune. In its report, the SPDC, a policy research institute, highlights that urban households have borne the brunt of th ...Read More >
India is actively seeking a larger role in global supply chains as companies shift manufacturing. IMF Chief Economist Gita Gopinath highlights the need for reforms in land acquisition and labor. Skill development is also crucial for economic growth. India is working to capture a larger share of global supply chains as companies diversify away from traditional manufacturing hubs. Speaking to Times Network, IMF Chief Economist Gita Gopinath said, "India has made improvements in physical infrastru ...Read More >
NEW DELHI (AP) -- From the Andes to the Himalayas, a new wave of protests is unfolding across the world, driven by generational discontent against governments and anger among young people. This week, Madagascar's President Andry Rajoelina was forced out of power and out of the country after a military mutiny, the culmination of weeks of demonstrations led by young protesters referring to themselves as "Gen Z Madagascar." The rage against the political establishment in the Indian Ocean island c ...Read More >
NEW DELHI (AP) -- From the Andes to the Himalayas, a new wave of protests is unfolding across the world, driven by generational discontent against governments and anger among young people. On Monday Madagascar's President Andry Rajoelina was forced out of power and out of the country after a military mutiny, the culmination of weeks of demonstrations led by young protesters referring to themselves as "Gen Z Madagascar." The rage against the political establishment in the Indian Ocean island co ...Read More >
An SBI research report indicates that the Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is driving a significant shift in digital payment behavior. The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is not only fulfilling the dream of home ownership for millions of urban poor and middle-class families but is also driving a remarkable transformation in digital payment behaviour, noted a research report from the State Bank of India (SBI). Add Asianet Newsable as a Preferred Source The sc ...Read More >
New Delhi: The Union Cabinet has approved a 3 percent increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, effective from October 1, 2025. The decision aims to protect employees and pensioners from rising inflation and maintain their purchasing power. The hike will be added to the existing DA rate of 55 percent of basic pay or pension. Approximately 49.19 lakh central government employees and 68.72 lakh pensioners are set to benefit from ...Read More >
New Delhi [India], October 1 (ANI): The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed reforms aimed at strengthening the National Pension System (NPS). Dated September 30, 2025, the paper outlines three innovative pension scheme options under the NPS framework d ...Read More >
Sehore (Madhya Pradesh) [India], September 29 (ANI): Union Minister Shivraj Singh Chouhan on Monday interacted with local shopkeepers in a public outreach initiative aimed at promoting Swadeshi products and raising awareness about the revised GST (Goods and Services Tax) rates. The campaign aims to promote the use of locally produced goods while keeping traders and consumers informed about the latest tax updates. Also Read | 'Her Mann Ki Baat': PM Narendra Modi Writes Foreword for Italian Coun ...Read More >
The Bank of England will keep its key policy rate on hold on September 18 as inflation is creeping up, but it will cut once next quarter and again early next year, according to a majority of economists in a Reuters poll. However, a growing minority of economists say the central bank is done with cutting this year. After peaking at more than 11% nearly three years ago, inflation briefly returned to the central bank's 2% target last year but has since risen to nearly double that. With cost-of-li ...Read More >
Srinagar, July 17: Germany offers a rich tapestry of history, vibrant urban culture, and stunning natural beauty. Add to that a strong economy, a flourishing creative industry, and an excellent quality of life, and it's no surprise that Germany has become a top destination for travelers and creative professionals alike. If you've ever dreamed of living and working in Germany, there's good news -- the country offers a Freelance Visa for non-EU nationals, including Indians. What is Germany's Fre ...Read More >
PRNewswire Chandigarh [India], July 15: Chandigarh University, India leading private university, in collaboration with job platform Apna and investment firm Venture Catalysts (VCats) have launched Campus Tank, India first university-led Startup launch-pad for young innovators below the age of 30 to pitch their ideas and get funding of $1 Million to launch their startups along with expert venture guidance, strategic ecosystem alliances and immersive startup incubation. APNA which is India larges ...Read More >
In the UPA's final three-year stint (2011-2014), India was saddled with an average retail inflation of 9.8 per cent even at a time when global inflation was relatively stable, hovering between 4-5 per cent, the official pointed out. India's retail inflation during the last 11 years is averaging at around 5 percent -- with a steady decline in recent months to touch an over 6-year low of 2.1 percent in June this year. The Finance Ministry figures show that the average inflation under Prime Minis ...Read More >
New Delhi, July 10 (UNI) A total of 101 Indian students, including 50 women, have been selected for the prestigious Erasmus+ scholarships for a two-year master's programme in Europe, beginning in 2025. With this achievement, India remains the top overall recipient of the scholarship since 2014 and ranks among the top three countries this year, underscoring its deepening academic ties with the European Union, a statement by the Delegation of the EU to India said. Erasmus+ students pursue their ...Read More >
New Delhi: Having kids isn't just an emotional decision anymore, it's a financial one too. The cost of raising a child in India has now touched Rs 45 lakh and many parents are starting to feel the pressure. From school fees and healthcare to daily expenses, parenting today is beginning to feel more like a luxury than a given. Bengaluru-based startup founder Meenal Goel shared a post on LinkedIn, breaking down the costs of raising a child and it's eye-opening. Her breakdown shows how even middle ...Read More >
Guwahati: Madhya Pradesh Chief Minister Mohan Yadav on Saturday announced that he has requested Union Home Minister Amit Shah to order a Central Bureau of Investigation (CBI) probe into the disappearance of an Indore-based woman in Meghalaya. Chief Minister Mohan Yadav, in a public statement, stated that he has already discussed the grave matter with Meghalaya Chief Minister Conrad Sangma. Ready for a challenge? Click here to take our quiz and show off your knowledge! He added that police off ...Read More >
New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
Hyderabad: The bodies of seven Maoists in the ongoing combing operations and gunfight inside the Indravati National Park of Bijapur district in Chhattisgarh were recovered on Saturday, June 7. After the killing of Communist Party of India (Maoist) central committee member Narasimha Chalam alias Sudhakar on June 5, another top leader and special zonal committee member of the Telangana state committee, Mylarapu Adelu alias Bhaskar, was gunned down on June 6. He was carrying a bounty of Rs 45 lakh ...Read More >
New Delhi [India], June 7 (ANI): While the World Bank's revision to global poverty estimates led to a global increase in the count of extreme poverty by 125 million, India emerged as a statistical outlier in a positive direction, according to the government's factsheet analysis. The World Bank recently raised the International Poverty Line (IPL) from USD 2.15 to USD 3.00 per day (based on 2021 purchasing power parity). The revision was intended to reflect updated costs of living and more accura ...Read More >
The chip makers around the world felt the relief of a rumor suggesting that the sales curb to China could be less severe than previously expected. But the news didn't necessarily translate in a strong rally. ASML (NASDAQ:ASML) - Europe's biggest chip equipment maker that predicted a 30% fall to its Chinese revenue next year - closed 0.22% lower yesterday, while Tokyo Electron - which was up by more than 6% yesterday - couldn't extend gains at today's session. With US markets paused for the Than ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.