Wages

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Wages - Total results - 36
COVID-19 impact: Informal economy workers excluded from most govt measures, be it cash transfers or tax benefits
Business

COVID-19 impact: Informal economy workers excluded from most govt measures, be it cash transfers or tax benefits

Like demonetisation, the current lockdown has exposed millions of workers and their families to starvation, hunger, death and very bleak future prospects.

Coronavirus Lockdown: Salary cut imminent; 27 out of top 100 companies can't sustain current wage bill, says Deloitte study
Business

Coronavirus Lockdown: Salary cut imminent; 27 out of top 100 companies can't sustain current wage bill, says Deloitte study

As many as 27 out of the top 100 companies listed on the National Stock Exchange (NSE) will not be able to sustain current wage bill if their revenue dip by 30 percent or more due to a nationwide lockdown and imminent salary cuts, a Deloitte study said

Coronavirus Outbreak: Apparel exporters urges govt to pay workers' wages for April-May
Business

Coronavirus Outbreak: Apparel exporters urges govt to pay workers' wages for April-May

Apparel exporters body AEPC on Monday urged the government to pay wages of workers, engaged in the sector, for April and May as the community is battling to deal with the lockdown due to Covid-19

Centre releases Rs 4,431 crore to clear pending wages under MGNREGA, to pay all dues by 10 April
Business

Centre releases Rs 4,431 crore to clear pending wages under MGNREGA, to pay all dues by 10 April

The Centre has released Rs 4,431 crore to clear pending wages under the rural job scheme MGNREGA and will pay all dues by 10 April, officials said on Friday, a day after the government announced an increase in wages under the programme

Govt says its contractual employees will be paid during period of absence due to coronavirus lockdown
Business

Govt says its contractual employees will be paid during period of absence due to coronavirus lockdown

The Finance Ministry on Monday said contractual employees will be paid even if they are unable to report on duty due to lockdown imposed by authorities

Kochi-Muziris Biennale dogged by claims of non-payment of dues to local contractor; denies wrongdoing
Life

Kochi-Muziris Biennale dogged by claims of non-payment of dues to local contractor; denies wrongdoing

A local contractor started an Instagram handle called @justicefrombiennale18_19 demanding the Kochi Biennale Foundation clear dues amounting to Rs 1.4 crore before the event ends on 29 March.

International Labour Organisation for stronger implementation of wage law in India; cites low pay, inequality
Business

International Labour Organisation for stronger implementation of wage law in India; cites low pay, inequality

ILO's India Wage Report said that the country's economy in the past two decades has seen an annual average GDP rate of 7 percent but low pay and inequality persist

US economy adds 164,000 jobs in April; unemployment down to 3.9 per cent pointing to sustained resilience
World

US economy adds 164,000 jobs in April; unemployment down to 3.9 per cent pointing to sustained resilience

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy's resilience amid the recent stock market chaos and anxieties about a possible trade war.

Donald Trump's flawed immigration vs economy argument: He's got it all wrong... and how
World

Donald Trump's flawed immigration vs economy argument: He's got it all wrong... and how

Economy has long been given as a reason to stop immigrants from coming into countries. However studies show that immigrants actually end up boosting the economy.

Govt to rework baseline for paying MGNREGA wages
Business

Govt to rework baseline for paying MGNREGA wages

To end the variation in wages notified by the Centre and minimum wages of few states, the Centre has constituted Nagesh Singh committee to rework the baseline for paying MGNREGA wages

PSU banks to go on strike today; normal banking operations likely to be hit
Business

PSU banks to go on strike today; normal banking operations likely to be hit

Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off

Dutch retailers paying 'starvation wages' to Indian textile workers: report
Business

Dutch retailers paying 'starvation wages' to Indian textile workers: report

Workers surveyed at 10 garment factories in and around Bengaluru in Karnataka took home on average 90 euros ($100) a month, and 70 percent were in debt, the report by four non-profit organizations said.

West Bengal CM Mamata urges Centre to pay wages to tea-garden workers
India

West Bengal CM Mamata urges Centre to pay wages to tea-garden workers

West Bengal CM Mamata Banerjee urged the Centre to take an initiative to pay wages to workers of the seven tea gardens which were taken over by it.

India can take on China with low cost of wages, says Jaitley
World

India can take on China with low cost of wages, says Jaitley

Jaitley said, in the past, India had slowed down in cost competitiveness because of its labour regime, cost of utilities like power, infrastructure, high cost of capital and various other factors.

Cong claims govt adopts 'unfair labour practices': delay in wages to staff
India

Cong claims govt adopts 'unfair labour practices': delay in wages to staff

Opposition Congress has charged ruling AINRC with adopting unfair labour practices, as seen in delay in disbursing pending wages to temporary staff

Bank strike has only been deferred; Govt will have to step in to resolve deadlock
Business

Bank strike has only been deferred; Govt will have to step in to resolve deadlock

Managements in state-run banks are not in a position to fork out any more money for a substantial increase in the compensation levels of employees since these banks are severely constrained with capital.

No proposal to reduce the retirement age from 60 to 58 years: Centre
India

No proposal to reduce the retirement age from 60 to 58 years: Centre

There is no proposal to reduce the retirement age of employees from 60 to 58 years, the Centre said on Thursday.