8th Pay Commission, Jan. 1 -- The provisions of the 8th Central Pay Commission (8th CPC) have been implemented today, as this is the day when the 7th Pay Commission is scheduled to expire. This will result in an 8th Pay Commission salary hike for central government employees, who have been awaiting an update on the matter for months. There will be no immediate salary hike for central government employees. Once the central government fully implements the 8th CPC, it will receive arrears for the period starting from 1 January 2026.

According to stock market experts, following the salary hike for central government employees and pensioners, liquidity in the Indian economy is expected to increase due to the rise in spending limits for these ...