News for 'compensation policy'

2 killed in Bihar police firing after stir against power supply turns violent

2 killed in Bihar police firing after stir against power supply turns violent

Rediff.com27 Jul 2023

According to the police headquarters in Patna, "more than a dozen police personnel and power department employees" sustained injuries in the incident that took place barely "100 meters away from Barsoi police station".

Why Personal Accident Cover Is A Must!

Why Personal Accident Cover Is A Must!

Rediff.com28 Apr 2022

Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.

Maha shocker: Farmer earns paltry Rs 2.49 net profit on sale of 512 kg onions

Maha shocker: Farmer earns paltry Rs 2.49 net profit on sale of 512 kg onions

Rediff.com24 Feb 2023

He said the onion farmers need to get a good price for the crop and the affected farmers get compensation.

US: Sikh man who was asked to shave to get compensation

US: Sikh man who was asked to shave to get compensation

Rediff.com20 Nov 2013

A New Jersey car dealership will pay monetary compensation to a Sikh man to settle a religious discrimination lawsuit, which alleged that he was not hired by the dealership because he maintains a beard.

One-offs impacted Jan-Mar quarter, but FY24 likely to be better for ONGC

One-offs impacted Jan-Mar quarter, but FY24 likely to be better for ONGC

Rediff.com7 Jun 2023

ONGC's January-March quarter results for the 2022-23 financial year (Q4FY23) indicated changes in the trends of the energy cycle as well as the impact of policy change in gas-pricing. The public sector oil and gas major reported standalone Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 16,340 crore, down 12 per cent year-on-year (YoY), and down 20 per cent quarter-on-quarter (QoQ). There was a net loss of Rs 250 crore due to exceptional items of Rs 9,240 crore for provisions related to the ongoing dispute regarding the applicability of service tax and goods and services tax on Royalty.

Getting Laid Off? Know Your Rights

Getting Laid Off? Know Your Rights

Rediff.com1 Dec 2022

Companies today are taking a very fashionable way to reduce their workforce. Instead of the outright firing of employees, an alternative approach that some companies are using is the passive-aggressive method which is both deliberate and accidental, points out corporate lawyer Ishanee Sharma.

SC asks states why they not be made liable to compensate people for bad air quality

SC asks states why they not be made liable to compensate people for bad air quality

Rediff.com25 Nov 2019

The Supreme Court on Monday asked all the states to explain within six weeks as to why they should not be made liable to pay compensation to persons affected by bad air quality saying it is their bounden duty to provide basic civic amenities, clean air and drinking water to citizens.

Prabhu's new trade policy mum on achieving exports target

Prabhu's new trade policy mum on achieving exports target

Rediff.com6 Dec 2017

Foreign Trade Policy: More incentives for exports, focus on ease of trading

Raj CM meets war widows as Pulwama widows protest simmers

Raj CM meets war widows as Pulwama widows protest simmers

Rediff.com11 Mar 2023

The Pulwama widows have been protesting since February 28, demanding a change in rules so that their relatives and not just children can get government jobs on compassionate grounds.

Lessons for Modi govt to reform the labour policy

Lessons for Modi govt to reform the labour policy

Rediff.com30 May 2016

No successive government thought of reviving the idea of an exit policy.

GST compensation row: FM's 'act of God' can be a nightmare for RBI

GST compensation row: FM's 'act of God' can be a nightmare for RBI

Rediff.com7 Sep 2020

The central bank is the money manager of the government, and not a guarantor of any debt.

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Bilkis Bano case: All 11convicts walk out of jail, family surprised

Bilkis Bano case: All 11convicts walk out of jail, family surprised

Rediff.com16 Aug 2022

The 11 convicts on Monday walked out of the Godhra sub-jail after the Gujarat government allowed their release under its remission policy.

IT industry logged 25% attrition in FY22, trend to continue: Report

IT industry logged 25% attrition in FY22, trend to continue: Report

Rediff.com30 Sep 2022

The Indian IT industry recorded 25.2 per cent employee attrition in FY22 and that pain will continue as it loses talent to other industries, said a report by TeamLease. The attrition in the contract staffing industry is predicted to touch at least 50 per cent in FY23 compared to 49 per cent in FY22, said the report called 'Brain Drain: Tackling the great talent exodus in IT sector'. Company policies, payment and work flexibility is making talent move, as non-technology firms step up demand. "Tech talent in non-tech companies will see 3X growth in the coming years, opening up approx 1 million new tech jobs by 2025.

Agree to 3 demands by month-end, Pilot, flanked by 15 MLAs, tells Gehlot

Agree to 3 demands by month-end, Pilot, flanked by 15 MLAs, tells Gehlot

Rediff.com15 May 2023

Pilot threatened to launch a massive movement in Rajasthan if action on his demands is not taken.

RBI may go for another 35 bps rate hike before pause

RBI may go for another 35 bps rate hike before pause

Rediff.com30 Nov 2022

Exactly a fortnight ahead of the Reserve Bank of India's (RBI's) next monetary policy review, a key market indicator of interest rates - the overnight indexed swap (OIS) - suggests that the central bank may tighten policy by 35 basis points and then refrain from further rate hikes. RBI Deputy Governor Michael Patra recently described the OIS as the primary instrument for hedging interest rate risk in India. The six-member Monetary Policy Committee (MPC) of the RBI will meet on December 5-7.

RBI issues revised norms for hiring bank lockers

RBI issues revised norms for hiring bank lockers

Rediff.com18 Aug 2021

The Reserve Bank on Wednesday came out with revised guidelines for the hiring of lockers under which the liability of banks will be limited to 100 times its annual rent in case of fire, theft, building collapse or frauds by bank employees. As per the revised guidelines, which shall come into effect from January 1, 2022, banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers. The RBI said it has reviewed the 'Deposit Locker/Safe Custody Article Facility provided by the banks' after taking into consideration various developments in the area of banking and technology, nature of consumer grievances and also the feedback received from banks and Indian Banks' Association (IBA).

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

SHOCKING! 2,374 IAF Crashes. 1,305 Pilots Killed

Rediff.com12 Sep 2023

During these seven decades, the IAF has lost 2,374 aircraft to crashes. They include 1,126 fighters and 1,248 non-combat aircraft. In addition, 229 trainers and 196 helicopters have crashed. These crashes have resulted in the deaths of 1,305 skilled pilots, note Ajai Shukla and Devesh Kapur.

Cong calls meet on upcoming state polls; former PK aide to be present

Cong calls meet on upcoming state polls; former PK aide to be present

Rediff.com25 May 2023

Sources said while the Congress units of Madhya Pradesh and Rajasthan will hold separate discussions on May 26 on their preparations and actions to be taken, the party will also hold strategy meets on Chhattisgarh on May 27.

A Rainy Day Check-List for Chennaiites

A Rainy Day Check-List for Chennaiites

Rediff.com18 Dec 2023

If only you had thought ahead, you would have stocked snacks and biscuits, bread and cake, and vegetables suited for Amma or pondatti to make your favourite bajji and pakoda, observes N Sathiya Moorthy.

Haryana farmers block Delhi-Chandigarh highway over MSP demands

Haryana farmers block Delhi-Chandigarh highway over MSP demands

Rediff.com12 Jun 2023

The "MSP Dilao, Kisan Bachao mahapanchayat", called by Bharatiya Kisan Union (Charuni), was being held at a grain market in Pipli close to National Highway-44 which was blocked by farmers a few days ago demanding that the government procure sunflower seed at MSP.

Cong preps for next round of polls; Kharge calls meet

Cong preps for next round of polls; Kharge calls meet

Rediff.com21 May 2023

With assembly elections due in Madhya Pradesh, Rajasthan, Chhattisgarh, Telangana and Mizoram in the next few months, the Congress is working on poll strategies in these states and has convened a meeting of state leaders on May 24.

6 held for Dalit sisters' rape, murder in Lakhimpur Kheri

6 held for Dalit sisters' rape, murder in Lakhimpur Kheri

Rediff.com16 Sep 2022

The post-mortem reports of the two Dalit minor sisters who were found hanging from a tree in Uttar Pradesh's Lakhimpur Kheri district confirmed that they were raped and strangulated, the police said on Thursday.

Liquor supply in Delhi to resume soon as LG approves AAP govt's extension

Liquor supply in Delhi to resume soon as LG approves AAP govt's extension

Rediff.com1 Aug 2022

No alcohol was served in bars, pubs, restaurants and hotels and none could be bought either as permits expired on July 31.

AI Exp plane in Kozhikode crash was insured for $50m

AI Exp plane in Kozhikode crash was insured for $50m

Rediff.com11 Aug 2020

While Air India Express is expected to get the full insured amount for the hull loss, it will have to pay compensation to the kin of the deceased and injured, according to applicable laws. The compensation will be paid from its liability cover.

Cong leaders meet President Murmu over Manipur crisis

Cong leaders meet President Murmu over Manipur crisis

Rediff.com30 May 2023

The Congress sought her intervention in helping bring normalcy in violence-hit Manipur, and called for the constitution of a high-level inquiry commission headed by a serving or retired Supreme Court judge to probe the incident.

Portal for info on unclaimed bank deposits to be ready in 3-4 months: RBI

Portal for info on unclaimed bank deposits to be ready in 3-4 months: RBI

Rediff.com6 Apr 2023

Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.

IPOs: Sebi streamlines payment process via UPI

IPOs: Sebi streamlines payment process via UPI

Rediff.com20 Apr 2022

Capital markets regulator Sebi on Wednesday streamlined the payment of processing fee through the Unified Payments Interface (UPI) system for shares applied for and allotted during an initial public offering (IPO). In addition, the regulator has devised a new reporting format for capturing the data of all ASBA (Application Supported by Block Amount) applications unblocked by Self Certified Syndicate Banks (SCSBs) and their corresponding date of actual unblock. The new format has been put in place after reviewing the performance of SCSBs on timely unblocking of application amounts and feedback received from market intermediaries, Sebi said in a circular.

Prospects remain healthy for NBFCs, bank credit shows a strong trend

Prospects remain healthy for NBFCs, bank credit shows a strong trend

Rediff.com29 Dec 2022

While rising interest rates and tighter liquidity are giving negative signals for the financial sector, increasing economic activity could mean higher business volumes for lenders. Liquidity in the banking system has moved from Rs 8 trillion surplus into a deficit of Rs 33,000 crore over the 2022 calendar year. By the end of November, bank credit had grown 17.5 per cent YoY (year-on-year).

Two-thirds of Indian technology enterprises hiring gig workers

Two-thirds of Indian technology enterprises hiring gig workers

Rediff.com4 Nov 2022

Two-thirds of organisations in the Indian technology sector are hiring gig workers as they respond to a changing business landscape, said a report by industry organisation NASSCOM and others on Thursday. Focus on requirement for specialised skills, employee demand and cost optimization enabled organisations to use the gig model for technology roles traditionally restricted to HR and support functions. Software development, UI/UX design, and data analytics were the top three gig skills the technology sector needed.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

26/11 survivor and key eyewitness moves HC seeking house from govt

26/11 survivor and key eyewitness moves HC seeking house from govt

Rediff.com4 Aug 2022

This is the second time that Rotawan, now 23 years old, has approached the court.

Global Fuel Prices Lower, But Pump Rates Still High

Global Fuel Prices Lower, But Pump Rates Still High

Rediff.com8 Jun 2023

Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers

Can't pay Rs 4 lakh aid to COVID-19 victims' kin: Centre to SC

Can't pay Rs 4 lakh aid to COVID-19 victims' kin: Centre to SC

Rediff.com20 Jun 2021

Replying to the notice issued, the Central government said that ex-gratia amount cannot be paid due to financial constraints and other factors.

Manipur: Political Will, Legal Process Need Of Hour

Manipur: Political Will, Legal Process Need Of Hour

Rediff.com15 Sep 2023

No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.

'In India, A Child Goes Missing Every 8 Minutes'

'In India, A Child Goes Missing Every 8 Minutes'

Rediff.com31 Aug 2023

'The pandemic had a significant impact on child trafficking.' 'With economic hardships, traffickers exploited the situation to target desperate parents and children.'

How to remove Delhi's smog

How to remove Delhi's smog

Rediff.com18 Nov 2019

'It is time to think up a policy of incentivising farmers in the states around Delhi.' 'Let's say a farmer is given an incentive for not burning his crop stubble and instead handing over the task of incinerating the crop stubble to a State-run-or-funded community initiative.' 'The incentive can take the form of, say, fertilisers, or even direct cash transfers,' recommends Somasekhar Sundaresan.

From double-digit hikes to promotions, IT talent takes the cake

From double-digit hikes to promotions, IT talent takes the cake

Rediff.com25 May 2022

Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent. Engineer salaries are going through the roof. According to a news report, Infosys, which reported a 27.7 per cent attrition rate for the fourth quarter of FY22, plans to have an average salary hike of 12-13 per cent. High potential employees will get increases of 22-23 per cent.

Glaring errors in India's new aviation policy

Glaring errors in India's new aviation policy

Rediff.com11 Dec 2015

A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.

Do you have a hospital cash benefit plan?

Do you have a hospital cash benefit plan?

Rediff.com4 Mar 2021

Make sure you read the policy wording. Some policies cover pre-existing diseases while others don't. Many need a minimum 24-hour hospitalisation, advises Bindisha Sarang.