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Austerity Measures

CEC Kumar, EC Pandey give up perks, privileges as part of austerity measure

Seeking to set an example in austerity, Chief Election Commissioner Rajiv Kumar and Election Commissioner Anup Chandra Pandey on Friday decided to give up perks and privileges.

CEC Kumar, EC Pandey give up perks, privileges as part of austerity measure
Updated On : 20 May 2022 | 6:29 PM IST

No return to austerity in new spending plan, says UK's Rishi Sunak

Says constructive Brexit deal will 'hopefully' come

No return to austerity in new spending plan, says UK's Rishi Sunak
Updated On : 23 Nov 2020 | 1:54 AM IST

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis
Updated On : 26 May 2020 | 12:11 AM IST

East-based banks kick in austerity measures, recovery drive to reduce cost

They're closing unviable branches, paring ad spends and hiring, while being cautious about credit growth

East-based banks kick in austerity measures, recovery drive to reduce cost
Updated On : 17 Feb 2016 | 11:04 PM IST