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MINISTRY OF LABOUR
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
New macro indicators in the works to track Viksit Bharat progressIndia is crafting a robust Viksit Bharat Sankalp indicator framework, featuring around 385 macro indicators, to meticulously track its jour...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
UK asylum seekers face £10,000 charge before they can apply to settleBritain is proposing asylum seekers repay around £10,000 for accommodation and support before settlement eligibility. This move aims to det...
Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...
Director who left over 400 Indian, Bangladeshi migrants unpaid returns to Singapore: MinisterAn Indian-origin permanent resident, accused of abandoning over 400 migrant workers without pay, has returned to Singapore. His passport ha...
Punjab drug body finds critical lapses at Jackson Laboratories' manufacturing facility in AmritsarThe Punjab FDA has taken decisive action by revoking the manufacturing licence of Jackson Laboratories in Amritsar due to severe regulatory...
Singapore labour body to launch job placement for abandoned Indian, Bangladeshi workersOver 400 Indian and Bangladeshi workers, allegedly abandoned by their employer, will soon find new jobs in Singapore. The National Trades U...
MoSPI mulls adding coal assets valuation to national accountsIndia's statistics ministry is exploring ways to put a price tag on its non-renewable resources, starting with coal. This move aims to prov...
India, US move closer to interim trade deal after Goyal-Greer talksIndia and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing str...
Singapore government to help abandoned workers from IndiaHundreds of migrant workers from India and Bangladesh, unpaid for months, are receiving SGD 200 in cash and vouchers from Singapore's labou...
DMRC begins work on Central Vista metro corridor at Central Secretariat stationConstruction has begun on the Central Secretariat metro station, a key part of the new Central Vista corridor. This nearly 10-km undergroun...
Exports up 15% despite global headwinds: Commerce and industry minister Piyush GoyalIndia's merchandise exports saw a robust 15% year-on-year growth in April-June, defying global economic headwinds, according to Commerce Mi...
EPF interest rate retained at 8.25% for FY26Employees' Provident Fund interest rate for 2025-26 is set at 8.25 percent. This rate remains unchanged for the third year. Over 70 million...
Govt plans financial aid for contractors to provide temporary homes to labourers at project sitesHousing Minister Manohar Lal Khattar announced plans to financially assist contractors for temporary labourer housing at project sites, fun...
Govt ratifies 8.25% EPF interest rate for FY'26, to be credited this monthThe government has approved an 8.25% interest rate on Employees' Provident Fund (EPF) deposits for FY26, clearing the proposal recommended ...
Saudi Arabia limits instant work visas for new businessesSaudi Arabia has introduced new rules for instant work visas. Newly established businesses can now get up to five visas. Older companies ca...
Unemployment rate hits 11-month high of 5.5% in MayIndia's unemployment rate climbed to a high in May. Rural joblessness saw a significant rise, reaching a 12-month peak. Urban unemployment ...