The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.
For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.
India may press for an automatic review mechanism in its proposed interim trade deal with the United States (US), mirroring a sunset clause introduced by the European Parliament in its trade agreement with Washington, people aware of the negotiations said. The European Parliament last week approved the EU-US trade deal but inserted a sunset clause requiring the arrangement to expire on December 31, 2029, unless both sides agree to extend it.
'Why not aspire for 8 or 9 or even 10 per cent?'
The Odisha government has begun efforts to rescue five migrant workers from Kendrapada district who are reportedly stranded in Thailand. The workers, who travelled on tourist visas but were employed in a plywood company, claim they are being held against their will, denied wages, and subjected to harassment.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.
India's unemployment rate for individuals aged 15 years and above reached a six-month peak of 5.2 per cent in April 2026, according to the latest Periodic Labour Force Survey (PLFS) data.
D K Shivakumar has been sworn in as the Chief Minister of Karnataka, with Governor Thaawarchand Gehlot administering the oath of office and secrecy. The ceremony also saw 13 other ministers, including a Deputy CM, taking their oaths, attended by prominent Congress leaders and religious figures.
Rahul Gandhi voiced his disagreement with the selection of Raj Kumar Goyal as Chief Information Commissioner, proposing alternative candidates with extensive experience in public policy and law.
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
An open letter written by women employees of KFA alleged that the company did not pay salaries
Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.
Ten days after the expansion of the BJP government's cabinet in West Bengal, key portfolios have been allocated, with senior leader Tapas Roy taking charge of industries and journalist-turned-politician Swapan Dasgupta appointed finance minister.
India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).
The country came to a virtual stand-still when trade unions called a two-day general strike on February 20 pressing for implementation of their 10-point charter of demands.
From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.
Data reveals a disturbing trend of Indian worker deaths abroad, particularly in Gulf nations, alongside numerous complaints of exploitation and labour rights violations.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
India's unemployment rate for individuals aged 15 and older increased to 5.1 per cent in March 2026, up from 4.9 per cent in February, primarily due to a rise in joblessness in urban areas, according to government data.
D K Shivakumar, the Vokkaliga strongman and state Congress President, is set to be sworn in as the Chief Minister of Karnataka today at 4:05 pm at Lok Bhavan. The ceremony will also see some ministers taking oath, though the final list is awaiting approval from the Congress high command.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.
'As long as apps show impossible delivery times, delivery and packaging workers will be pressured to meet unsafe, unhealthy standards.'
A parliamentary panel has recommended an urgent review of the Rs 1,000 minimum monthly pension under the Employees' Pension Scheme, 1995, to raise it to a more realistic and dignified level, considering the rising cost of living and the financial hardships faced by pensioners.
Union Sports Minister Mansukh Mandaviya joined a cycling event in Ahmedabad to mark the 75th edition of 'Fit India Sundays on Cycle' and Commonwealth Games Day, encouraging citizens to embrace cycling for fitness and short commutes. The event saw participation from athletes, celebrities, and citizens across India.
Newly-appointed Maharashtra Deputy Chief Minister Sunetra Pawar has been allocated the portfolios of State Excise Duty, Sports and Youth Affairs and Minorities Development and Aukaf.
AM Shahjahan and Vanni Arasu from IUML and VCK respectively were sworn in as ministers in Tamil Nadu, increasing the number of allies in the TVK government. This marks the first time representatives from both parties have been inducted into the state cabinet, signifying a shift in Tamil Nadu's coalition dynamics.
Electors in the upcoming Brihanmumbai Municipal Corporation (BMC) polls will be required to present either a voter photo ID card or any one of the 12 alternative identity documents approved by the State Election Commission to cast their vote, officials said.
The government on Thursday ruled out any cut in interest rates on Employees' Provident Fund this fiscal from the present 9.5 per cent, but said it would be reviewed only next fiscal based on the surplus position, Labour Minister Sahib Singh Verma
'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'
The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
The Indian government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers to ensure stable fuel supplies amidst global disruptions. This move prioritises household cooking gas and addresses the needs of migrant workers who often lack regular connections.
The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.
Eternal-owned quick-commerce firm Blinkit has dropped its '10-minute' delivery claim after intervention by the Labour Ministry amid growing concerns over the welfare and safety of delivery workers.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
Two more workers from Odisha who were stranded in Thailand have returned home after the state government intervened. This follows the return of four other workers last week. The workers had faced hardships including non-payment of wages.
