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Labour ministry on Tuesday said the Centre has not fixed Rs 18,000 as national minimum monthly wage under the Code on Wages Bill.

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Domestic worker draft policy for minimum wages, social security

Policy will also provide for model contract of employment with well defined period of work and rest.

17 Oct 2017 8:35 AM GMT

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

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IDBI Bank employees to go on 2-day strike

All India strike in IDBI Banks will be conducted on October 24 and 25 by employees.

13 Oct 2017 2:54 PM GMT

Yesterday the rupee had ended marginally lower by two paise at 68.20 despite the outlook for the dollar remaining lacklustre.

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Cabinet gives nod to wage policy framework for CPSE workers

Government would not provide any budgetary support for any such wage increase.

22 Nov 2017 8:58 AM GMT

Lower opening in the domestic equity market put the rupee on the back foot.

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Govt to set up advisory board to fix national minimum wages

Gupta clarified that the Centre has not fixed a National Minimum Wage for all employees.

27 Sep 2017 10:28 AM GMT

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.

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MTNL staff protest over firm's revival, wage revision issues

The state-run firm posted standalone net loss of Rs 2,941 crore at the end of 2016-17.

23 Sep 2017 6:42 AM GMT

On Monday, the rupee had gained 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with a firm equity market.

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Wages paid timely in 85 pc cases this fiscal under MGNREGA: Govt

Around Rs 36,500 crore (76 per cent of the total allocation) has already been released in this financial year.

15 Sep 2017 12:30 PM GMT

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business