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Air India may see another strike as pilots oppose Labour Ministry move

Last Updated: Monday, September 14, 2015, 18:11

National carrier Air India is staring at yet another industrial unrest with a majority members of one of its pilots' unions favouring a strike against a Labour Ministry notification on exclusion of flight commanders from the workmen category.

EPFO panel approves raising insurance cover to Rs 5.5 lakh

Last Updated: Wednesday, September 9, 2015, 19:22

Retirement fund body EPFO's panel on its pension and insurance schemes has approved a proposal to increase the maximum amount assured under the EDLI scheme to Rs 5.5 lakh from Rs 3.6 lakh.

Myanmar approves first-ever national minimum wage

Last Updated: Saturday, August 29, 2015, 14:53

Myanmar's government has approved the country's first-ever national minimum wage, state media reported Saturday, after months of bitter negotiations with labour groups and employers.

New policy for domestic workers: Govt proposes Rs 9,000 minimum pay, mandatory leaves

Last Updated: Sunday, August 16, 2015, 18:53

To protect the interest of domestic workers, the government is readying a national policy that proposes a minimum salary of Rs 9,000 per month for the skilled full-time household helps, along with a host of benefits including social security cover and mandatory leaves.

Govt working on proposal to raise minimum wages

Last Updated: Tuesday, August 11, 2015, 17:53

The government is working on a proposal to raise minimum wages of workers, a top Labour Ministry official said Tuesday.

`EPFO may invest more in equities next year`

Last Updated: Thursday, August 6, 2015, 14:23

The comments come as India`s Employees` Provident Fund Organisation (EPFO) said on Thursday it would invest in stocks this year for the first time.

EPFO to give members options for investment of their funds

Last Updated: Friday, July 31, 2015, 18:33

Retirement fund body EPFO plans to give an option to its subscribers to choose from various investment products where they want their money to be invested and a larger focus might be eventually on the equity market.

EPFO to invest around Rs 410 crore in ETFs every month

Last Updated: Monday, July 27, 2015, 13:52

Retirement fund body EPFO has decided to invest around Rs 410 crore in exchange trade funds (ETF) every month during the current fiscal.

5 key things you should know about premature PF withdrawals

Last Updated: Saturday, July 25, 2015, 10:46

The Labour Ministry will soon issue a notification in this regard to amend the Employees' Provident Fund Scheme to cap the withdrawal.

Govt set to cap premature PF withdrawals at 75%

Last Updated: Friday, July 24, 2015, 19:21

The Labour Ministry is all set to cap premature provident fund withdrawal at 75 percent of total deposits in case an EPFO subscriber goes without a job for two months.

Govt hikes minimum wage to Rs 160 a day

Last Updated: Tuesday, July 7, 2015, 21:10

After a gap of two years, the government on Tuesday hiked the minimum wage for workers by Rs 23 to Rs 160 a day.

Centre to bring four labour codes to protect workers

Last Updated: Saturday, June 27, 2015, 17:10

The NDA Government is bringing in different initiatives like Universal Account Number (UAN), skill development, among others, for the benefit of workers, the Minister maintained.