Latest News, Updates & Breaking Headlines
EPS subscribers hoping for a higher minimum and maximum pension are unlikely to see any change soon, with the Labour Ministry confirming that the fund is running an actuarial deficit. The disclosure, made in the Lok Sabha on Monday, indicates that the Employees’ Pension Scheme (EPS-95) is not generating enough returns to meet current payouts.Minister…
Employees’ Provident Fund Organisation (EPFO) has processed nearly 99 per cent of applications seeking higher contributions to secure increased pensions under the Employees’ Pension Scheme (EPS) 1995, Parliament was informed Monday.Minister of state for labour & employment Shobha Karandlaje, in a written reply to Lok Sabha, said the EPFO has acted to implement directions issued…
File photo: Chancellor Rachel Reeves (Picture credit: AP) Millions of low-paid workers in the UK will receive a pay increase from April as the government confirmed new minimum wage rates ahead of Wednesday’s Budget. The hourly rate for over-21s will rise by 50p to £12.71, with 18–20-year-olds seeing an 85p jump to £10.85, and under-18s…
The new codes aim to increase women’s employment opportunities, ensure worker safety, extend social security benefits to gig workers. (AI image) New labour codes 2025: The government has introduced what experts are calling a significant reform in labour laws by implementing four comprehensive labour codes from November 21, 2025. The new labour codes impact both…
NEW DELHI: In one of the biggest reform initiatives, the Centre on Friday announced the implementation of the four labour codes, enacted five years ago, to replace 29 laws. The rollout, which will require notification of rules, comes within a week of a resounding electoral mandate in Bihar for the governing NDA after similar successes…
BENGALURU: TCS has rolled out a tiered severance package for about 12,000 employees, primarily affecting mid- and senior-level executives. This move is part of a major workforce realignment as the company ramps up investments in AI, data, and cybersecurity, while phasing out roles that cannot be redeployed within the organisation. The decision has sparked a…
The ILT20 Season 4 auction is set to be held on October 1, 2025 (Images via X/@ILT20Official & Screengrab) The International League T20 (ILT20) will mark a milestone this year with its inaugural player auction, scheduled for Wednesday, October 1, 2025, in Dubai. All six franchises will assemble to finalise their squads for the upcoming…
The Central Board of Secondary Education (CBSE) has issued a sweeping directive tightening the eligibility norms for students appearing in the Class 10 and 12 board examinations. The new notice makes it clear that no student will be allowed to write the exams without fulfilling strict academic and attendance requirements, marking one of the board’s…
