News for 'back wages'

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'

'Coming Months Could Be Eventful For Markets'

'Coming Months Could Be Eventful For Markets'

Rediff.com15 Jan 2025

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'

26/11: 'Rana Will Tell Us About ISI's Role'

26/11: 'Rana Will Tell Us About ISI's Role'

Rediff.com5 Feb 2025

'He is the key to unravel the 26/11 conspiracy.'

SEE: Drone footage of Hamas chief's last moments

SEE: Drone footage of Hamas chief's last moments

Rediff.com18 Oct 2024

The video showed Sinwar sitting on a couch, surrounded by rubble, inside a damaged and dilapidated house.

Smriti, Richa star as India clinch T20 series vs Windies

Smriti, Richa star as India clinch T20 series vs Windies

Rediff.com19 Dec 2024

Richa Ghosh (54) equalled the world record for the fastest fifty in women's T20Is (18 balls) after Smriti Mandhana's (77) fireworks as India registered 217 for 4 in the series-deciding third and final match against the West Indies here on Thursday.

Job creation gets Budget boost with incentives

Job creation gets Budget boost with incentives

Rediff.com24 Jul 2024

Recognising job creation for the youth as the foremost challenge for the economy, Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive Prime Minister's package to facilitate the employment and skilling of 41 million youth with a central outlay of Rs 2 trillion over the next five-year period. The package will consist of five schemes and initiatives - three focused on jobs and two on skilling.

'India Inc's profits rising on wage squeeze'

'India Inc's profits rising on wage squeeze'

Rediff.com10 Dec 2020

The handsome 25 per cent rise in corporate profits in the September quarter amid a sharp contraction in GDP was on the back of wage squeezes, leading to rise in inequalities in India, economist Nouriel Roubini said on Thursday. This rising inequality is "dangerous" politically and socially because only a few people in the economy are benefitting, the economics professor at New York's Stern School of Business said. Roubini said earnings of listed entities have risen 25 per cent in the September quarter, which means that wages and income are getting "squeezed, if not collapsed".

Why 30-Day Samsung Strike Continues

Why 30-Day Samsung Strike Continues

Rediff.com7 Oct 2024

Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.

Agri GVA stands out on strong monsoon

Agri GVA stands out on strong monsoon

Rediff.com2 Dec 2024

Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.

Govt to extend minimum wages to 100% of workforce

Govt to extend minimum wages to 100% of workforce

Rediff.com24 Jul 2019

Under the New Code on Wages Bill 2019, employers will be required to give the minimum wages, notified by either the state or the Centre, to the unorganised sector, too.

Share of women in urban salaried jobs at 6-year low in Q4FY24: PLFS

Share of women in urban salaried jobs at 6-year low in Q4FY24: PLFS

Rediff.com20 May 2024

The share of women employed in regular salaried jobs in urban India hit a fresh low in the January-March quarter (Q4) of 2023-24 (FY24). In the same period, the share of women engaged in self-employment went up. An analysis of the latest quarterly Periodic Labour Force Survey (PLFS) data showed the share of women in regular wage work among all employed women stood at 52.3 per cent in Q4FY24, down from 53 per cent in the previous quarter.

No timeline on Ukraine war, says Putin; appreciates Modi

No timeline on Ukraine war, says Putin; appreciates Modi

Rediff.com19 Oct 2024

Putin said that the Indian leader had "aptly" noted that it is "not an anti-western one but a non-western one".

Bhima-Koregaon accused charged with 'waging war' against India

Bhima-Koregaon accused charged with 'waging war' against India

Rediff.com23 Aug 2021

The draft lays down 17 charges against 15 accused, including human rights and civil liberties activists, and they have been sought to be charged under various sections of the stringent Unlawful Activities (Prevention) Act (UAPA) and the Indian Penal Code (IPC).

Putin invites Palestine Prez Abbas to BRICS summit; Modi to attend

Putin invites Palestine Prez Abbas to BRICS summit; Modi to attend

Rediff.com19 Oct 2024

Putin expressed concern over the situation in Gaza, and said Palestinian President Mahmoud Abbas has been invited to BRICS events.

Jurel vies for selectors' attention with fighting 50 at MCG

Jurel vies for selectors' attention with fighting 50 at MCG

Rediff.com7 Nov 2024

He steered the team away from trouble and kept grinding. His innings of 80 consisted of 6 fours and 2 maximums.

'History Will Remember Him With Gratitude'

'History Will Remember Him With Gratitude'

Rediff.com27 Dec 2024

'During his stint as prime minister, he got 270 million people out of poverty.' 'This, according to the World Bank, is the fastest compression of poverty anywhere in the world.' Arvind Mayaram, the former finance secretary, recalls his encounters with Dr Manmohan Singh.

India's services sector recovers from 10-month low

India's services sector recovers from 10-month low

Rediff.com6 Nov 2024

India's services PMI recovered from its ten-month low in September to reach 58.5 in October supported by strong expansions in output and new business, which in turn boosted job creation, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index increased from 57.7 in September to 58.5 in October, as robust sales pipelines and strong demand conditions supported the upturn in business activity. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Paris airport union issues strike warning, could affect Games

Paris airport union issues strike warning, could affect Games

Rediff.com23 Jul 2024

As Friday is the day of the opening ceremony, no civilian flights will be allowed from 6:30 pm to midnight in a 150-kilometre (90-mile) radius around Paris -- limiting the potential impact of the strike.

BMS, other trade unions fault draft wage code rules

BMS, other trade unions fault draft wage code rules

Rediff.com5 Nov 2019

BMS general secretary Virjesh Upadhyay said, "There are many anomalies in the draft rules on Code on Wages which need to be amended. The new rules are silent about many provisions clearly provided in the four Acts subsumed in the code."

Minimum wage code to cover all employees

Minimum wage code to cover all employees

Rediff.com27 Jul 2017

At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000

Sense of compassion for society has sustained me as judge: CJI Chandrachud

Sense of compassion for society has sustained me as judge: CJI Chandrachud

Rediff.com25 Oct 2024

"The boy came from a marginalised background, could not pay the admission fees of Rs 17,500. He would have lost his admission had we not granted relief then. This is what has sustained me as a judge all these years," the CJI said.

2024's 10 Must Watch K-Dramas

2024's 10 Must Watch K-Dramas

Rediff.com30 Dec 2024

Sukanya Verma lists 10 shows that have her (Korean finger) heart.

Pressure mounts on players to make move on wages; Cagliari to go without one month's wages

Pressure mounts on players to make move on wages; Cagliari to go without one month's wages

Rediff.com1 Apr 2020

The Professional Footballers' Association (PFA) are in talks with the Premier League over how best to deal with the current suspension of competition, but the moves by some clubs to use the government's furlough scheme has prompted sharp criticism.

India's GDP expected to grow at 6.5% in Q2 FY25

India's GDP expected to grow at 6.5% in Q2 FY25

Rediff.com6 Nov 2024

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.

COMING SOON: Withdraw EPF Money At ATMs

COMING SOON: Withdraw EPF Money At ATMs

Rediff.com17 Dec 2024

By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan

Air India pilots warn of 'industrial action' over wage cut

Air India pilots warn of 'industrial action' over wage cut

Rediff.com24 Dec 2020

Divestment-bound Air India's pilot unions have rejected the paltry five per cent rollback in their salary cuts and warned of "industrial action" if there is no "substantial" reversal in their paycuts. In a joint letter to Air India chairman and managing director Rajiv Bansal on Thursday, the Indian Pilots' Guild (IPG) and the Indian Commercial Pilots Association (ICPA) said, "(The) pittance in the form of a five per cent decrease in the current wage cut is an outright insult, its sting magnified in light of our unwavering support and trust in this company." They said this "generosity" amounts to a reduction of about 3 per cent in the current gross pay cut for pilots. In April, Air India had reduced its pilots' salary by up to 70 per cent to partially offset the impact of the coronavirus pandemic on its finances.

IT Firms Cautious On Salary Hikes

IT Firms Cautious On Salary Hikes

Rediff.com26 Sep 2024

The good news is that salary hikes are expected, though it is uncertain when they will be implemented.

US sanctions 15 Indian entities for backing Russia

US sanctions 15 Indian entities for backing Russia

Rediff.com1 Nov 2024

The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.

Kerala man forced to fight in Ukraine, wife seeks help

Kerala man forced to fight in Ukraine, wife seeks help

Rediff.com10 Dec 2024

Binil T B, an electrician from Thrissur, left for Russia seven months ago, hoping to secure a better job and higher wages while his wife was expecting their first child.

MGNREGA participation dipped in first 6 months this FY compared to last

MGNREGA participation dipped in first 6 months this FY compared to last

Rediff.com28 Oct 2024

Fewer people participated in MGNREGA during the first six months of this financial year (April-September) compared to the same period last year, a recent analysis of the scheme's performance by LibTech showed.

Barcelona to cut player wages due to coronavirus

Barcelona to cut player wages due to coronavirus

Rediff.com27 Mar 2020

Barcelona are taking measures to cut the wages of their players and staff to reduce the economic effects of the coronavirus crisis, the La Liga club said on Thursday. All professional players at Barcelona, including six-times world player of the year Lionel Messi, as well as non-playing staff, will face a compulsory wage reduction during the period of lockdown, the club's directors decided at a board meeting held via video conference.

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

Mamata should be...: RG Kar victim's mother

Mamata should be...: RG Kar victim's mother

Rediff.com14 Sep 2024

The victim's mother expressed hope that the discussions between the CM and the agitating doctors would yield results.

'Urban demand is under stress, would need an upward spiral'

'Urban demand is under stress, would need an upward spiral'

Rediff.com5 Dec 2024

'Spending by the middle class is limited with a focus on savings. However, there is buoyancy at the top-end.'

Workers sue BAPS in US over alleged forced labour, wage law violations

Workers sue BAPS in US over alleged forced labour, wage law violations

Rediff.com12 May 2021

A group of Indian workers in the US have filed a lawsuit in a district court against the Swaminarayan sect BAPS, accusing it of human trafficking and wage law violations during the construction of a massive temple in New Jersey.

RBI unions to step up stir with mass casual leave on Nov 30 over wage deal

RBI unions to step up stir with mass casual leave on Nov 30 over wage deal

Rediff.com23 Nov 2021

The Reserve Bank of India (RBI) unions have decided to intensify their stir demanding revision of wages, pending since November 2017, and have called for mass casual leave of employees at the central bank on November 30. However, several sources in the RBI told Business Standard that the unions may not have to go on agitation, as the new contours of the wage pact have been almost finalised and could be announced any time. An email sent to the RBI was not answered. The United Forum of Reserve Bank Officers and Employees had deferred its agitation earlier after it was told that RBI Governor Shaktikanta Das was to hold talks with the human resource management department (HRMD).

India's services sector growth eases slightly in July

India's services sector growth eases slightly in July

Rediff.com5 Aug 2024

India's services sector growth recorded another month of robust expansion in July, albeit at a slightly slower pace than in June, largely supported by robust demand conditions and investment in technology, a monthly survey said on Monday. The seasonally adjusted HSBC India Services Business Activity Index was at 60.3 in July, down only fractionally from 60.5 in June. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

FIDE sparks uproar over plan to reinstate banned Russia players!

FIDE sparks uproar over plan to reinstate banned Russia players!

Rediff.com22 Sep 2024

Chess governing body FIDE's general assembly agreed to consider lifting parts of a ban on Russian and Belarusian players imposed after Moscow invaded Ukraine in February 2022, in a vote on Sunday in Budapest.

Aakar Patel: China Flourishes While India Digs Up Past

Aakar Patel: China Flourishes While India Digs Up Past

Rediff.com7 Dec 2024

We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.

Strike: Lessons For Samsung From Hyundai

Strike: Lessons For Samsung From Hyundai

Rediff.com15 Oct 2024

IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.