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Nodal officers of different ministries and departments will meet today to formulate action points for processing the Seventh Pay Commission recommendations that have a bearing on the remuneration of about one crore central government employees and pensioners. The suggestions are expected to put an additional burden of ₹1.02 lakh crore on the exchequer.
The Reserve Bank of India will hold a policy review meet today. It is expected to keep the interest rate unchanged as inflation is still within January 2016 targets. The central bank is also expected to take note of the imminent global slowdown.
The Supreme Court will hold an unprecedented, open-court reconsideration today. It will discuss a controversial ruling it delivered some time ago upholding the validity of a Victorian-era law that makes homosexuality illegal. Lawmakers rejected an opportunity to decriminalise homosexuality in Parliament in December 2015.
Prime Minister Narendra Modi will visit Coimbatore and Kozhikode today. He will inaugurate the ESI Medical College at Vardarajapuram area in the cotton city and the Vision Conclave in connection with the third edition of the Global Ayurveda Festival in Kozhikode.
The Supreme Court will commence final hearing from today on various appeals, including the one filed by Karnataka, against the acquittal of AIADMK chief and Tamil Nadu Chief Minister J Jayalalithaa and others in the disproportionate assets case.
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