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A health check of India's shadow banks show nascent recovery

Glimmers of improvement in the sector come almost 18 months after the first default by the IL&FS Group.

Labour Ministry

Dec 13, 2019, 09.47 PM IST

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UK's Labour vows to nationalise some of BT in free broadband plan

The sweeping upgrade of Britain's internet infrastructure would be paid for by raising taxes on tech firms such as Alphabet's Google, Amazon and Facebook and using its Green Transformation fund, Labour said. It said it would nationalise Openreach as well as parts of BT Technology, BT Enterprise and BT Consumer.

Wrong time to raise GST rates, cautions former GST Council member

This is the worst time to raise the rates of GST on essential commodities. ...

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  • The code aims to regulate the employment of workers, including those engaged by contractors, and their working conditions across sectors. It envisages setting up a National Occupational Safety and Health Advisory Board to advise the government on the standards, rules and regulations on worker safety, besides overseeing implementation.

    The Indian Army had sent a proposal to the Defence Ministry for approval. The ministry, after approving it, further sent it to the Cabinet for clearance, but due to technical reasons it has not been approved and sent back, sources said. "The Army needs approval for three posts from Cabinet as these are joint secretary level and above posts."

    The report, tabled in both houses of Parliament this week, said 64,334 applications, which comes to 4.70 per cent of the 13.70 lakh applications received during 2018-19, were rejected. The first appeals before seniors against the decisions of RTI processing officers called Central Public Information Officers marginally declined from 9.72 per cent last year to 9.29 per cent in 2018-19.

    The government is closely monitoring the prices of onions which is rising everyday due to short supply in the market. There is a huge shortage of the bulb this year due to heavily rains in the onion growing states of Maharashtra, Karnataka and Madhya Pradesh.

    Labour Ministry in its recent notification said that it is in public interest that services of these three industries, covered under different schedules of the Industrial Disputes Act are declared as public utility service for another six months.

    The ministry has informed the CAG that it has examined the matter in consultation with IOC and BPCL and directed both companies to recover the “unauthorised” payments made to their employees. The two companies have been asked to furnish action taken report on the matter.

    The share of regular wage earners and salaried employees in the total urban workforce increased marginally between April-June 2018 and January-March 2019 — from 48.3% to 50% — with women faring better than men, the latest Periodic Labour Force Survey released by the National Statistical Organisation (NSO) showed.

    During a meeting held by a committee under the ministry, constituted in pursuance to the directions of the National Green Tribunal, it was also decided to have time bound action plan for the implementation of mitigation measures such as installation of bird diverters and their regular maintenance and monitoring by power agencies.

    Based on the vacancies reported by the user departments, the Staff Selection Commission (SSC) has started recruitment process to fill up 1,05,338 posts during the year 2019-2020, Minister of State for Personnel, Jitendra Singh said.

    The National Statistics Office on Saturday released a report on the Periodic Labour Force Survey (PLFS) for urban areas for Jan-Mar 2019 detailing key indicators including unemployment, labour force participation rate and industry-wise jobs scenario.

    Union Finance Minister Nirmala Sitharaman says she expects third-quarter GDP data to be better. She says the auto sector has cleared large i...

    The policy says, "Creation of two archetypes of clusters nanely, Ancillary and Downstream cluster and Value-Added steel clusters, will provide multiple benefits."

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