Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.
India's urban unemployment rate for individuals aged 15 and above marginally increased to 6.7 per cent in April-June, while rural unemployment rose to 4.8 per cent, according to the latest Periodic Labour Force Survey (PLFS). This rise in unemployment coincides with a notable decline in the overall labour force participation rate (LFPR) to a five-quarter low of 54.6 per cent.
A recent Central Vigilance Commission (CVC) report reveals that over 70,500 corruption complaints were lodged against various government bodies last year, with banks and the Railways accounting for the highest numbers. While a significant portion of these complaints has been disposed of, thousands remain under process, highlighting ongoing challenges in addressing corruption within public sector entities.
Of the Rs 31,820.80 crore allocated to central sector schemes and projects, only Rs 11,868.05 crore was utilised, according to the revised estimates.
'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.'
The Union Cabinet has approved a significant increase in the mandatory EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month, a move expected to bring over 51 lakh additional employees under mandatory social security coverage.
Taxing the existing retirement benefits schemes would affect the working class, the labour ministry said.
A Chinese military trading company executive has been arrested for allegedly leaking sensitive defence information to intelligence agencies from two countries, China's top spy and anti-espionage agency said on Monday.
The labour ministry on Thursday held discussions with representatives of private job portals, including Naukri, Monster, LinkedIn, Indeed and TimesJobs. The ministry held discussions towards strengthening the 'Employment and Skilling Ecosystem' in India, an official release said. Sunil Barthwal, secretary, ministry of labour and employment held a meeting on 10th February 2022 with representatives of the top private job portals of the country, the release said.
The number of infected persons in the ministry are now at 36.
At least 12 people from Bihar's East Champaran district, including five members of one family, are missing following devastating flash floods in Nepal. The disaster, which struck four days ago, has left hundreds of Indians and persons of Indian origin unaccounted for, with a significant death toll reported in Nepal.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.
Union Minister Mansukh Mandaviya presented a comprehensive report card on the Sports and Labour & Employment ministries to NDA MPs, detailing India's ambitious bid to host the 2036 Olympics, targets for medal tallies, and significant growth in job creation and social security coverage over the past decade.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
An Indian Parliamentary panel has summoned major social media platforms like Meta, Google, X, and Snapchat, along with MeitY and Home Affairs officials, to discuss the regulation of digital platforms. The meeting, scheduled for August 3, will focus on user privacy, public order, and the platforms' role in recent protests.
'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'
The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.
'It will increase the contribution to gratuity, which is something the employer has to give.'
Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.
Jet Airways has been looking at various ways to raise funds amid acute liquidity crunch that has forced it to ground aircraft, cancel flights in large numbers, shutdown stations and delay salary payments to its pilots and engineers along with other senior staff.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
The number of individuals who declared a gross income of Rs 100 crore or more in their income-tax returns had risen to 301 in 2022-23, moderated slightly to 284 in 2023-24, then climbed to 415 in 2024-25.
Amit Malviya paid the price because he committed the cardinal mistake of himself 'becoming' the BJP's IT Cell and its social media. Malviya's removal contains a message to others -- never try to become bigger than the job that has been assigned, explains Nilanjan Mukhopadhyay.
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
Under increasing pressure to cut interest rates on Employees Provident Fund, the labour ministry is expected to meet the Reserve Bank of India brass in a bid to retain the current rate of 9.5 per cent.
In a historic decision, the government on Friday announced the implementation of the four Labour Codes, which rationalised 29 existing labour laws, with immediate effect. The four labour codes are -- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.
Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
