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Govt postpones Indian Labour Conference fearing boycott of Modi speech

At the 47th ILC, scheduled for February 26 and 27 in Delhi, trade unions and employers were to discuss key issues related to employment and social security coverage to workers

I-T sleuths question PNB's Sunil Mehta; CBI arrests Firestar's Vipul Ambani

The CBI also questioned an executive director of the PNB along with nine other officials

PNB solely liable for fraud: Affected public sector banks tell govt

PSBs say will resolve payments issue bilaterally

Rs 114-bn PNB scam: Govt seeks RBI's view on lapses in banking system

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

PNB's haste closed all options to clear debt, Nirav Modi tells banks

Your actions have destroyed my brand and the business and have now restricted your ability to recover all the dues, said Nirav Modi

Govt tells PSBs to integrate banking systems, rotate staff as a policy

PNB's former deputy branch manager, Gokulnath Shetty, now charged with having initiated the fraudulent transactions, was at its Brady House branch for over seven years

Market volatility to continue on hardening of US bond yields: Sebi chief

External factors pulling down markets; new corporate borrowing rules by Sept, says Ajay Tyagi

Centre drops proposal to relax retrenchment norms for industries

Central trade unions protested against any change in laws that allow factories to hire and fire workers without govt's permission

BMS calls Budget 2018 'anti-labour'; to boycott Modi's speech at ILC

The BMS has demanded the Union government to review the Union Budget 2018-19 by incorporating its demands

Budget 2018: FM announces lower PF contribution of 8% for women employees

Move aimed at increasing participation of women in formal sector workforce

Budget 2018: Aadhaar-like unique ID for firms soon

At present, 1.19 billion people have been issued Aadhaar, which constitutes roughly 99 per cent of the population

Budget 2018: You may no longer be able to shop with bitcoins in India

At present, companies such as Microsoft, Wikipedia, Expedia.com, KFC Canada, Bloomberg.com, Reddit, among others accept cryptocurrency from customers.

Budget 2018: Govt may raise equity investment limit for PF bodies

The government had, for the first time, allowed such funds, including the EPFO, to invest in the equity market in 2008.

Economic Survey 2018: Formal jobs far more than current official estimates

Ther are 220 million employees in the economy, out of which 75 million workers enjoying social security benefits

Economic Survey 2018: Demonetisation, GST brought 1.8 million new taxpayers

Analysis shows that new filers reported an average income, in many cases, close to the income-tax threshold of Rs 250,000, limiting the early revenue impact to the Union government

Labour ministry raises concerns over bail-in clause in FRDI Bill

Officials say move may impact medical benefits under ESIC; clause says depositors' money can be used to infuse capital in ailing financial institutions

Contract workers: Govt to resolve tug of war between employers and unions

The present law suggests a firm cannot hire contract workers in jobs perennial in nature or round-the-clock

More joblessness: ILO sees India's unemployment rate rising to 3.5% in 2018

According to ILO's latest report, the number of jobless in the country will increase to 18.6 million in 2018 and 18.9 million in 2019, against 18.3 million in 2017

RoC halts registering new cryptocurrency exchanges under Companies Act

Around Rs 100 billion worth of transaction is taking place on average per month on these exchanges in the country

Investing in bitcoins? How India's crypto players are fighting to survive

A 3-part series looks at how the cryptocurrency players are dealing with the all-round clampdown on a system that's in no-man's land