'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'
'Raising the retrenchment, layoff and closure threshold to 300 workers for prior government permission enables hire-and-fire in more than 90 per cent of the Indian workplaces. More than 12,00,000 disputes are now pending for adjudication with an average disposal period ranging from 3 to five years for more than 75 per cent of the disputes.'
Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.
A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29, to protest against government policies affecting workers, farmers, and people. The Joint Platform of central trade unions held a meeting in Delhi on March 22, 2022, to take stock of the preparations in various states and sectors for the proposed two-day all India strike on 28-29 March 2022 against "the anti-worker, anti-farmer, anti-people and anti-national policies" of the central government, a statement said. The statement said that roadways, transport workers and electricity workers have decided to join the strike in spite of the impending threat of ESMA (Haryana and Chandigarh, respectively). Financial sectors, including banking and insurance, are joining the strike, it stated.
The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.
BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement
Bharatiya Janata Party-backed Bhartiya Majdoor Sangh boycotted the convention, reason for which was not known immediately.
The red brigade's call for forming trade unions for BPO employees was cold-shouldered by the $5.2 billion outsourcing industry, even as a research firm welcomed it.
The views of the trade unions who met the finance minister on Wednesday, run contrary to the demands of India Inc, which called for disinvestment of public sector enterprises to fund the widening fiscal deficit. They also suggested increasing corporate tax rate so that more money can be transferred from the rich to the poor.
The rash of strikes and the killing of the HR head of Pricol exactly a year after Graziono Transmissioni's CEO was killed by sacked employees indicate a tough year ahead.
Gaps in labour legislation and India's reluctance to ratify two ILO conventions are stoking disputes over trade union recognition between managements and workers.
Ten central trade unions on Tuesday said they are going ahead with their planned nationwide general strike on November 26 and also announced their support to a two-day farmers' agitation next week. The meeting of the Joint Platform of Central Trade Unions (CTUs) and Sectoral Independent Federations and Associations was held virtually on November 16, 2020. Unions expressed satisfaction over the tremendous response being received from workers and the people at large throughout the country to the ongoing campaign for the countrywide general strike on November 26, 2020, a joint forum statement said.
Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.
The Centre has announced a major bureaucratic reshuffle, appointing Prakash Rajpurohit as Deputy Election Commissioner and approving appointments for 27 civil servants at joint secretary and equivalent levels across various ministries and departments.
Trade unions on Tuesday went one step ahead of Corporate Affairs Minister Salman Khurshid on the issue of CEOs' salaries suggesting their remuneration must be regulated by law as 'self-regulation is no remedy'.
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.
The two-day nationwide strike called by central trade unions to protest the Centre's alleged anti-worker policies evoked mixed response all over country on Tuesday.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
The ten trade unions are National Trades Union Congress, All India Trade Union Congress, Hind Mazdoor Sabha, Centre of Indian Trade Unions, All India United Trade Union Centre, Trade Union Coordination Centre, Self Employed Women's Association, All India Central Council of Trade Unions, Labour Progressive Federation and United Trade Union Congress.
A proposed Rs 1,200 crore Secretariat-Assembly complex in Pattinapakkam, Chennai, has ignited significant opposition from local fishing communities and various political parties. Residents fear displacement, loss of livelihood, and environmental damage, citing ancestral rights and broken promises. Political leaders across the spectrum are urging Chief Minister C Joseph Vijay to reconsider the site, highlighting concerns about ecological impact, traffic, and financial priorities.
Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.
Tamil Nadu's ruling Tamilaga Vettri Kazhagam (TVK) won bypolls in Madurantakam and Dharapuram, strengthening its minority government. Concurrently, the Bharatiya Janata Party (BJP) secured emphatic victories in West Bengal's Nandigram and Muslim-majority Rejinagar, consolidating its post-TMC rule position. The BJP also established a significant lead in Assam's Nagaon Lok Sabha bypoll, and its ally AINRC retained Thattanchavady in Puducherry.
Says govt offer a positive move and Wednesday's one-day stir should be deferred; others not impressed enough, especially Left
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
'Workers are the people who create all the wealth in this country. How can you call them anti-national?'
Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Employees and workers will meet on November 27 to protest against the recommendations
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
The Congress escalated its campaign against alleged examination irregularities by marching to Prime Minister Narendra Modi's residence, transforming the issue into a direct challenge to his political authority and demanding the resignations of top government officials.
The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.
'The Dravidian parties wanted to prevent the TVK from forming a government.'
Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.
The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'
