News for 'wage increase'

Bihari Youth's Loudest Cry Is For 'Naukri'

Bihari Youth's Loudest Cry Is For 'Naukri'

Rediff.com28 Oct 2025

'Bihar youth need employment. Create jobs for us. Nothing matters more.'

How EPS Turns Part Of Your PF Into Lifelong Income

How EPS Turns Part Of Your PF Into Lifelong Income

Rediff.com9 Oct 2025

Let's decode how EPS works, who qualifies, and how pensions are calculated, using simple examples for different salary levels.

iPhone Affordability Index Reveals: Most Indians Can't...

iPhone Affordability Index Reveals: Most Indians Can't...

Rediff.com16 Sep 2025

The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.

TCS to hike salaries of about 80% employees, effective Sep 1

TCS to hike salaries of about 80% employees, effective Sep 1

Rediff.com6 Aug 2025

India's largest IT services company Tata Consultancy Services (TCS) on Wednesday informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.

Amid rising living costs, govt hikes minimum wage rates for workers

Amid rising living costs, govt hikes minimum wage rates for workers

Rediff.com27 Sep 2024

This adjustment is aimed at helping workers cope with the rising cost of living, a labour ministry statement said.

Budget 2026: Nirmalaji's Challenges, Opportunities

Budget 2026: Nirmalaji's Challenges, Opportunities

Rediff.com21 Nov 2025

The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

'Educated Youth Voted RJD, Uneducated Youth Voted JD-U'

'Educated Youth Voted RJD, Uneducated Youth Voted JD-U'

Rediff.com19 Nov 2025

'When you compare Bihar's poverty from its earlier times, then there is a huge difference. Things have improved a lot. And migration has played an important role in reducing poverty.'

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Low Wages A Corporate Risk: CEA

Low Wages A Corporate Risk: CEA

Rediff.com6 Dec 2024

'Not paying workers enough will end up being self-destructive or harmful for the corporate sector itself.'

Bihar Electoral Tsunami No One Saw Coming

Bihar Electoral Tsunami No One Saw Coming

Rediff.com18 Nov 2025

'Are elections still fair in India, or are we all witness to a macabre style of 'selection' of lawmakers? The jury will be out on this for a long time because there is no definitive evidence on either contention, at least as yet,' notes Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

EPF Secrets Revealed: Where Your 12% Goes

EPF Secrets Revealed: Where Your 12% Goes

Rediff.com9 Oct 2025

Who pays what into EPF, EPS, and EDLI -- the 12% math explained.

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Minimum wage cap: EPFO mulls hike after 10 years

Minimum wage cap: EPFO mulls hike after 10 years

Rediff.com22 Apr 2024

The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly minimum wage ceiling from Rs 15,000 now to improve the coverage and bring millions of informal workers under its purview. The last increase in the minimum wage ceiling was in 2014 to Rs 15,000 from Rs 6,500.

H1B Visa Fee Shock Puts IT Firms In Bind

H1B Visa Fee Shock Puts IT Firms In Bind

Rediff.com4 Oct 2025

In the medium term, corporates and vendors could move away from visa dependency, shift more work offshore and share higher cost burdens with clients.

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rs 2 trn slump in IT stocks hits FPIs' AUC

Rediff.com28 Aug 2025

Global funds' assets under custody (AUC) in India have been flat this year, with a Rs 2 trillion drop in information technology (IT) holdings offset by gains in financial stocks. AUC is the total market value of equities held by FPIs.

Tariffs pose downside risk to India's economy: RBI

Tariffs pose downside risk to India's economy: RBI

Rediff.com28 Aug 2025

Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

How India Let Sri Lanka Steal Its Tea Crown

How India Let Sri Lanka Steal Its Tea Crown

Rediff.com2 Oct 2025

India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.

Nationwide strike over labour reforms, MSP may hit key sectors

Nationwide strike over labour reforms, MSP may hit key sectors

Rediff.com8 Jul 2025

Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.

'Markets Remain Far From 2024 Euphoria'

'Markets Remain Far From 2024 Euphoria'

Rediff.com5 Sep 2025

'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

Indian IT Cos Feel H-1B Heat

Indian IT Cos Feel H-1B Heat

Rediff.com6 Sep 2025

'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

New threat for security agencies: 'Bedroom jihadis' stoking unrest in J-K

New threat for security agencies: 'Bedroom jihadis' stoking unrest in J-K

Rediff.com12 Aug 2025

Security agencies in Jammu and Kashmir are facing a new threat from 'bedroom jihadis' who use social media to spread misinformation and incite communal discord. These individuals, operating from their homes, are part of a sophisticated cross-border effort to destabilize the region by disseminating inflammatory content and propaganda.

Infy Defies Layoff Trend: 20K Jobs In '25

Infy Defies Layoff Trend: 20K Jobs In '25

Rediff.com30 Jul 2025

Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Public life likely to be hit as over 25 crore workers call 'Bharat Bandh' on Wednesday

Rediff.com8 Jul 2025

More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

Wage Pact: Will Bankers Make More Money?

Wage Pact: Will Bankers Make More Money?

Rediff.com2 May 2024

Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.

Why Are Bankers Committing Suicide?

Why Are Bankers Committing Suicide?

Rediff.com13 Aug 2025

In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.

'According To Govt, There's Hardly Any Poverty'

'According To Govt, There's Hardly Any Poverty'

Rediff.com28 Jul 2025

'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'

82% Indians Eye Job Change In 12 Months

82% Indians Eye Job Change In 12 Months

Rediff.com12 May 2025

As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.

Honda Motorcycle hikes wages by 50% at Manesar

Honda Motorcycle hikes wages by 50% at Manesar

Rediff.com14 Jan 2013

HMSI has increased the monthly salary of its permanent workers by Rs 14,770 a month.

History In Minutes: The Communist Manifesto

History In Minutes: The Communist Manifesto

Rediff.com21 Feb 2025

On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.

Samsung Plant To Resume After 37 Day Strike

Samsung Plant To Resume After 37 Day Strike

Rediff.com18 Oct 2024

Employees were told to return to work from Monday onwards for a fresh start for improved production.

Higher competitive pressures to cap DMart's margins in near term

Higher competitive pressures to cap DMart's margins in near term

Rediff.com13 May 2025

The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.