Govt hikes dearness allowance by 6%; to benefit over 1 crore employees, pensioners

Last Updated: Wednesday, September 9, 2015, 12:59

The Cabinet on Wednesday approved a proposal to increase dearness allowance to 119 percent from 113 percent, which will potentially benefit over one crore government employees and pensioners.

Starting salaries in India amongst lowest in Asia Pacific: Study

Last Updated: Tuesday, September 8, 2015, 17:23

Entry-level salaries in India are amongst the lowest in the Asia Pacific region, a study by professional services firm Towers Watson says.

Finland's Wartsila sacks India unit employees over irregularities

Last Updated: Tuesday, September 8, 2015, 14:59

Kimmo Kohtamäki, managing director for Wärtsilä India, said the financial impact would not be material to the broader group.

90% employees complain about salary disparity: Survey

Last Updated: Monday, September 7, 2015, 15:04

According to a survey by JobBuzz.In, the employer rating platform from TimesJobs.Com, employees believe their companies pay external hires and favourites more.

EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

Last Updated: Sunday, September 6, 2015, 11:12

After getting the committee's nod, it will then be placed before the EPFO's apex decision making body the Central Board of Trustees' (CBT) headed by the Labour Minister.

British Airways revamps its loyalty programme

Last Updated: Thursday, September 3, 2015, 21:04

UK's flag carrier British Airways has revamped its loyalty programme for business class travellers with a three-tier ranking system to boost earning power, handpicked offers and bonuses for members and a new easy-to-use online account management, among others.

Centre releases Rs 2,000 cr for Employees' Pension Scheme

Last Updated: Monday, August 31, 2015, 19:11

Centre has released Rs 2,000 crore to Employees' Pension Scheme as its contribution for the year 2015-16, Minister of State for Labour and Employment Bandaru Dattatreya said Monday.

Money markets to remain open on all Saturdays: RBI

Last Updated: Friday, August 28, 2015, 19:22

With government declaring the second and fourth Saturdays as public holiday for banks from September 1, RBI on Friday said that all money market segments will continue to remain open on all Saturdays.

Banks to remain closed on 2nd, 4th Saturdays

Last Updated: Friday, August 21, 2015, 12:15

At present, all PSU and private sector banks work half-day on Saturdays.

Banks to remain closed on 2nd, 4th Saturdays

Last Updated: Thursday, August 20, 2015, 23:03

Bringing cheers to lakhs of bank employees, the government has accepted the long-pending demand of workers to declare second and fourth Saturdays holidays, with effect from September 1.

SBI sharpens talent focus; branch mentoring in spotlight

Last Updated: Sunday, August 16, 2015, 11:10

"Including the frontline, everybody will have targets and we are trying to give them the means to check their performance on a monthly basis," Chairman Arundhati Bhattacharya has said.