BUSINESS
ESIC to run new hospitals all by itself, says Labour Ministry
The move comes in view of demand from both workers and employees, and with the objective to provide better medical services to the beneficiaries.
BUSINESS
4G services to improve as telcos beef up 4G capacity in spectrum auction: Analysts
Almost the entire spectrum acquired, including the 2300 Mhz band, in the recently concluded auction is likely to be used for 4G services, say analysts.
BUSINESS
Public procurement from women-owned MSEs in FY21 surpasses FY20 level
So far this fiscal, CPSEs have purchased goods worth Rs 558.85 crore, benefitting 3596 MSEs.
BUSINESS
What is Code on Wages, how will it impact Indian workforce and other questions answered
As per an International Labour Organisation report published in March 2020, there are 400 million unorganised workers in India.
BUSINESS
EPFO keeps interest rate untouched at 8.5% for 2020-21
The Employee Provident Fund Organisation board recommended that the interest rate on PF deposits remain the same as that of the last financial year.
BUSINESS
4G Spectrum Auction: 37% of spectrum on offer sold, bids exceeded govt expectations
As per a report by ICICI Securities, the operators have to make upfront payment of Rs 276 billion in the next 10 days; and two years’ moratorium and then 16 annual installments with 7.3 percent interest rate.
BUSINESS
Explained: Though critical for entering 5G race, why does 700MHz band find no takers?
The 700MHz has gained massive acceptance among the telcos owing to its many inherent advantages
BUSINESS
Spectrum auction ends with bids worth Rs 77,815 crore, Jio becomes biggest buyer
Reliance Jio became the biggest buyer by acquiring 488.35 MHz of spectrum for Rs 57,122.65 crore, followed by Bharti Airtel's 355.45 MHz at Rs 18,698.75 crore, and Vodafone Idea's 11.80 MHz for Rs 1,993.40 crore.
BUSINESS
Investment demand grows in Q3, a five-quarter high
The 2.6 percent growth in investment demand during October-December is a turnaround from the 6.7 percent contraction seen in the second quarter.
BUSINESS
Agriculture clocks a growth of 3.9 percent as GDP sees marginal rise
The Agriculture Ministry attributed the increased food grain production to good monsoons last year.
BUSINESS
Mobile number portability requests rise as customers relocate, work from home
As per the monthly subscription report released by the Telecom Regulatory Authority of India, the requests for changing the network provider shot up since the time the lockdown was lifted in the country.
BUSINESS
Female participation in workforce rises 17% in December 2020, shows EPFO data
Gender-wise analysis of EPFO payroll data for December, 2020, also showed that the share of females in the workforce stood at approximately 23 percent.
BUSINESS
Vodafone lost 5.7 million customers in December, India's telecom base too shrinks
The highest growth rate in mobile subscriber base was recorded in Jammu and Kashmir, while the biggest decline was recorded in Punjab at 3.34 percent.
BUSINESS
Telecom tariff hikes likely as industry needs higher ARPU: Analysts
Elevated debt levels and high obligations including DoT payables in the form of spectrum auction instalments, AGR dues and quarterly revenue share necessitate substantial ARPU expansion.
BUSINESS
Unemployment rate dropped to 6.5% in January 2021: CMIE data
Most employed persons in India do not have regular jobs. Their employment on any given day depends upon the state of the economy, the local environment, business conditions at large and a fair degree of luck.
BUSINESS
Parliamentary panel on labour backs expansion of MGNREGS to migrant workers
The committee urged the Centre to put in place a credible database of unorganised workers, especially migrant labourers, to ensure seamless delivery of relief packages to them at the time of distress.
BUSINESS
Niti Aayog constitutes a sub-group to prepare a National Action Plan for Migrant Workers
"The sub-group comprises the members from various Ministries of Government of India, subject experts, NGOs and civil society organisations, to prepare a tangible action plan to address issues related to migrant workers," Labour and Employment minister Santosh Gangwar said in a written response
TRENDS
Explained | Is 5G around the corner for India, what are the challenges India is facing?
What is 5G, what are its advantages and what are the challenges we face in implementing the high speed cellular broadband technology in India, these and all your queries answered.
BUSINESS
Could govt's social security measures lead to duplication of costs for aggregators? Here's what experts think
The Code on Social Security 2020 passed by the Parliament in September proposes the creation of a social security fund for extending benefits to workers in the unorganised sector.
BUSINESS
Experts bat for separate debt resolution framework, more borrowing avenues for MSMEs
The MSME sector is facing a massive liquidity and supply crunch, shortage of labour and non-payment of dues.
BUSINESS
No official data on MSMEs shut due to COVID-19 pandemic: Union Minister Nitin Gadkari
As there are MSMEs both in the formal and informal sector, data on temporary or permanent closure of MSMEs is not maintained by the government, the minister said in a written response to a parliamentary question.
PERSONAL-FINANCE
Explained | National Small Savings Fund; the schemes allied to it
The government has an array of diverse schemes to inculcate the habit of steady savings with dependable returns among small-scale investors
BUSINESS
Standing orders on work from home | Formalisation of WFH to spur second-career women to re-enter workforce
The work-from-home model whose popularity peaked last year opened up a host of opportunities for women to flourish in the job market, without having to compromise on personal commitments.
BUSINESS
What the proposed Labour Codes mean for employers and employees
The Industrial Relations Code, Code on Social Security, and Occupational Safety, Health and Working Conditions Code were passed during the Monsoon Session of Parliament in 2020 amidst massive criticism and protests. In the Monsoon Session of 2019, the Code on Wages had been passed. Together, these four codes merge 44 pre-existing labour laws.
