Railway Board Increases Employee DA by 4%

25 Oct 2023 CW Team

The Railway Board has announced a significant development by approving a 4% increase in Dearness Allowance (DA) for railway employees. This move comes as a welcome relief to the railway workforce, providing them with an improved financial outlook. The decision reflects the government's commitment to ensuring the well-being of railway personnel who play a crucial role in maintaining the nation's transportation infrastructure. The Dearness Allowance is a component of the salary that aims to counterbalance the effects of inflation on employees' earnings. This 4% hike is anticipated to positively impact the livelihood of railway staff, enhancing their financial stability. It also serves as recognition of their dedication and hard work in the service of the nation. This development is poised to benefit a substantial number of railway employees across the country. The increased DA will be a boost to their monthly income, supporting them in managing rising living costs. The Railway Board's decision reflects the government's ongoing commitment to the welfare of its employees and the overall enhancement of the railway sector.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..