The government on Wednesday cautioned officers of retirement fund body EPFO against any delay in settlement of claims and updation of account, saying their performances would be closely "watched".
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
Indian embassy in Saudi Arabia has issued as many as 92,000 emergency exit certificates by end of the first phase of grace period for those affected by labour law 'Nitaqat', Ambassador to the Kingdom Hamid Ali Rao said on Thursday even as India was in discussion with the country to streamline the visa regime to check fraudulent contractors.
Gujarat had lowest unemployment rate in the country last fiscal, while Sikkim had the highest.
The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.
In its recommendations to the finance ministry, the commerce ministry has made a strong case for helping exports, particularly in the labour-intensive sectors like leather, textile and handicrafts.
Chief executive officers of airlines have asked the government to bear 50 per cent of three months' salaries of employees.
If the precautions are not taken and guidelines are not followed properly, there can be chances of spike in cases, the government said.
Nearly 2 lakh (200,000) engineers and 1.32 lakh (132,000) diploma holders were unemployed in 2007, the ministry of labour and employment told the Lok Sabha on Monday, and said that 15 million jobs would be created in public and private sectors by the end of Eleventh Plan.
The situation could become more acute as millions of migrants who had returned to their villages during the lockdown come back to the towns for higher wages and better livelihoods.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
The Indian High Commission made its displeasure known despite the British government earlier reiterating that the three New Delhi laws on agricultural reform were a "domestic matter".
Economists believe the declining trend would continue in the coming months. Average monthly income had gone up to Rs 17,228 in October 2008 probably due to the inclusion of festival bonuses, while it was Rs 16,934 in the previous month, it said.
A year after being embroiled in a child labour controversy, leading US apparel and footwear brand Gap has embarked on a national initiative for welfare of children and women in collaboration with the Ministry of Women and Child Development and various state governments. The company has also started a special rehabilitation centre for women and children in association with Delhi-based NGO Self Employed Women's Association in the national capital.
'As soon as the BJP feels they are going to lose power, they will publish the caste census data of 2011 and conduct the caste census of 2021.'
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
The minister said Industrial Disputes Act provides for constituting different authorities to ensure harmonious industrial relations and prevent strikes and lockouts.
Congress leader Rahul Gandhi on Friday warned that the farmers' agitation will spread across the country if not resolved soon and asserted that the only solution to the issue was to throw the new agri laws in the 'waste paper basket'.
The female tiger, named Nadia, is believed to be the first known case of an animal infected with COVID-19 in the US. It is suspected that she contracted the virus from a caretaker who was asymptomatic at that time.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
If the protests have cemented the ties between the peasantry and the traders, the political implications for the BJP might become too serious to be disregarded because its core base was made up of the urban Khatri merchants.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
"Indian markets (are) well placed to absorb the US Fed rate hike. Gradual approach in future increases augurs well for emerging markets," Economic Affairs Secretary Shaktikanta Das has tweeted.
The Supreme Court on Monday admitted a petition filed by Jet Airways raising the issue whether pilots are workmen and if they can claim benefits under the provisions of the Industrial Disputes Act, 1947.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
Never in his long political career has the Union labour minister attracted such attention.
'During the lockdown if you terminate your employee, then you will face action under the NDMA.' 'This will be the first time something like this will happen in the history of India.'
Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
Congress leaders from the Telangana region of Andhra Pradesh claimed that they have an indication from the Union home ministry on creation of a separate state.
The unions have called for a strike against proposed closure of associate banks and their merger with the State Bank of India
Last week, the Ministry of Labour and Employment suspended the second in command in EPFO's Hyderabad office.
Of the 20 deaths reported in the last 24 hours, eight were from Maharashtra, three each from Gujarat and Madhya Pradesh, two from Jammu and Kashmir and one each from Punjab, Uttar Pradesh, Karnataka and Tamil Nadu.
The prime minister is likely to talk about its possible extension.
100 model career centres all across the country to help job seekers connect with potential employers and skill providers.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
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