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PREVAILING WAGES
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...- Yen hits key 160 level for third session, dollar buoyed by Gulf woesThe Japanese yen is nearing a critical 160 per dollar level, prompting warnings of decisive action from Tokyo. Meanwhile, the U.S. dollar i...
- Pune woman says family of three spends ₹2.2 lakh a month despite owning EV and cooking at homeA Pune family of three revealed their monthly expenses total ₹2.2 lakh, sparking debate on living costs. Despite owning an EV and cooking a...
- EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
- Global Market: BOJ’s Ueda warns oil shocks can trigger lasting inflation if wages and expectations riseCentral banks must consider broader economic factors beyond isolated oil price movements, as temporary energy shocks can fuel persistent in...
- ATM cash loaders demand more money to cover increasing expensesCash logistics firms are urging banks for higher ATM replenishment fees due to escalating operational costs. Soaring fuel prices and increa...
- Congress says India needs ‘radical reset’ in economic policy, targets Narendra Modi govtIndian National Congress has criticized the handling of India’s economy, accusing Prime Minister Narendra Modi of prioritizing elections ov...
- RBI officers seek governor's intervention to correct promotion policyRBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' Association has written to the Gove...
- Manipur CM Yumnam Khemchand Singh meets locals to ease tensionsManipur Chief Minister Yumnam Khemchand Singh is engaging in talks with local representatives to address the state's current challenges. He...
- Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
- Govt reviews rural schemes, supply chain woes to protect beneficiaries from Iran war impactThe Rural Development Ministry is reviewing its key schemes in response to the West Asia conflict's potential impact on global supply chain...
- ‘Body shopping’: The loophole in H-1B hiring raising wage concernsThe Department of Labor is concerned about "body shopping" in the H-1B visa program, where outsourcing firms place foreign workers at clien...
- New H-1B wage rules may lift foreign worker pay by $14,000 a yearThe US Department of Labor has proposed significant visa wage rule changes, aiming to boost foreign worker pay by approximately $14,000 ann...
- H-1B wage rules may change as proposal clears federal reviewA proposed Department of Labor rule to enhance wage protections for H-1B and PERM employment has completed OMB review. This economically si...
- H-1B workers may see significant wage hike as US reviews new proposalThe US Department of Labor has proposed changes to wage rules for H-1B visas and PERM labor certification. This proposal is now with the Of...
- Biden Admin proposes 18-month delay in calculating prevailing wages of H-1B, other visasThe proposed delay will provide the Department of Labour with sufficient time to consider the rule's legal and policy issues thoroughly and...
- Trump admin announces final rule that will raise prevailing wage rates for H-1B workersDays before the exit of the administration of President Donald Trump, the US Department of Labor said that the final rule would help protec...
- Four out of five H-1B visa holders get higher wages than US average: StudyThe average offered wage for all 61,420 H-1B requesting employers in FY 2019 was $100,461, while the average prevailing wage determination ...
- Salary of embassy staff based upon prevailing local wages: USThe US has said that the salary of its embassy staff in countries around the world is based on prevailing wages in conjunction with the loc...
- Salary of embassy staff based upon prevailing local wages: USThe US has said that the salary of its embassy staff in countries around the world is based on prevailing wages in conjunction with the loc...
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