Finance Minister Nirmala Sitharaman announced a reduction in the PF contribution of both employee and the employer to 10% each from the prevailing 12% each for all establishment secured by EPFO for the following 3 months. Employees working in the private sector will take more salary home for May, June, and July – as the ...

With the re-opening of workplaces in India, the Union Health Ministry issued a set of new guidelines on Tuesday. According to the new regulations, if there is any suspected or positive cases, office authorities must be informed with isolation. Though the office building closure is not required, in case of a bigger outbreak, the office ...

“We labourers have no life. We are just a cog in the wheel, spinning continuously until we run out of life.” This is the statement of a weeping migrant worker from Bihar, Ramkumar Pandit, who was working at a construction site in Delhi before he lost job to the lockdown. Desperately trying to reach his ...

Cipla Ltd. posted a 33 percent decrease in combined net profit during the Q4 end of March 2020, despite; the company experienced the net profit of Rs 1,546.52 crore for the FY20 in comparison to FY19’s Rs 1,527.70 crore. The QoQ Comparison of the pharmaceutical giant was-net benefit/ (loss) of Rs.245.95 crores for the period ...

By the current trend of PPE (Personal protective equipment) production in India touching more than 3 lakhs per day last week, it is estimated that a total of 2 crore PPE can be manufactured in India by the end of June. PPE is the protective equipment used by medical professionals, healthcare workers and those coming ...

One of the scariest aspect of the lockdown, imposed to save lives from coronavirus, has been hike in the domestic violence abuses all across the world. Activists believed that with lockdown, which led to shutting of business, losing jobs, increasing work load and income-expenditure anxiety, added to the frustration of the abuser, leaving victims far ...

The World Bank has agreed to pump in another $1billion into India’s efforts to give the economy a fresh growth impetus after the lockdown period has been decided to be extended by the Centre. Last month, the World Bank had already given India a loan of $1 billion to support the health sector. India seems ...

In refusing to entertain a plea asking for government help for those migrants who are striking out on their own to reach their homes, the Supreme Court once again failed to weigh in on the issue. A three-judge bench headed by Justice L Nageswara Rao and comprising Justice S K Kaul and Justice B R ...

At a video conference on Monday with Chief Ministers of various states, Prime Minister Narendra Modi said that the lockdown would continue in some zones at different degrees after May 17. He further asked the CMs to draft their suggestions of economy revamping in their states and any other recommendations and send to Center by ...

On Saturday, former Congress president Rahul Gandhi declared that the Narendra Modi government requires delegating powers to the states. He stressed that the coronavirus pandemic should be contained at the district level. He pushed for more noteworthy transparency by Center on the plan to re-open the economy, as the lockdown 3.0 ends on May 17. ...