News: News Jersey based Louis Berger announced self-reported findings of misconduct in Vietnam, Kuwait, Indonesia and India. The findings entailed various instances of misconduct between between 1998 and 2010 totalling $3.9 million. In India, it is said to have paid bribes to be appointed as consultants for water projects in ...

News: The government issued a revised draft of the Indian Financial Code (IFC) to propose a monetary policy committee headed by RBI ‘chairperson’ to decide on key interest rates by a majority vote. The draft has sought to take away the veto power of the RBI governor while taking rate-related ...

News: Defence Minister Manohar Parrikar told parliament that the ‘One Rank One Pension’ was discussed with stakeholders, and it will be implemented once its “modalities” are approved. He also added the principle of ‘One Rank One Pension’ for the armed forces has been accepted by the government. Source: ET