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Covid-19 impact: Companies facing cash crunch can delay EPF contribution

The EPFO said that companies are facing liquidity or cash crunch in paying their mandatory provident fund dues "even though they are retaining the employees on their rolls"

May Day brings little solace, as Indian workers stare at longer work hours

For the first time in one and a half centuries, workers will have to toil 72 hours a week in at least five states as govts try to restart production amid the nationwide lockdown

One month of bank merger: Coronavirus lockdown proves a dampener

On April 1, Punjab National Bank (PNB) took over Oriental Bank of Commerce (OBC) and United Bank of India (UBI) to become the country's second-largest lender after SBI in terms of business

Covid-19 outbreak: Govt eases curbs on interstate movement amid lockdown

Union home secretary issues order amending earlier guidelines that barred people from crossing states and cities.

Govt to discuss job creation, worker welfare with industry, labour unions

The government has given some relaxation to the industry in filing their returns under the labour laws by extending the last date during the lockdown period

IBA demands recast of loan accounts of small firms amid Covid-19 crisis

The RBI had permitted a one-time restructuring of existing loans to GST-registered MSME units

Government to launch online portal for stranded migrant workers

The move will help government to pass on relief benefits to migrant workers and do skill mapping

House panel opposes lay-off payment for workers during natural calamities

The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government

Did Prashant Kishor take a flight during lockdown? Centre asks airlines

On Thursday, Ministry of Home Affairs asked Ministry of Civil Aviation to find out

Only negligent employers to be charged for Covid-19 cases, clarifies govt

Home ministry clarified that penal measures will not be across the board after India Inc raised concerns

Labour ministry takes up concerns on mandatory health covers with FinMin

CII seeks clarification on coverage amount, wants medical insurance made compulsory only for those not covered under corporate group policy or ESIC

Covid-19 impact: Gujarat, Punjab increase working hours in factories

Andhra Pradesh has asked employers to not lay-off contract workers during the lockdown

Covid-19 impact: NLC, TCS employees top EPF advance withdrawal list

The top firms which saw the highest amount of applications for EPF advance withdrawal were TCS (9,373 employees), HCL Technologies (6,938) and NLC (3,255)

Covid-19: Stranded migrants can work during lockdown, but conditions apply

No interstate movement allowed; registration with local authorities must

Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis

From being classified as NPAs after 90 days of overdue, the central bank raised the period to 180 days

Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore

The banks are expected to start credit operations from April 20, in a bid to help a staggered restart of the economic activities

Coronavirus: Govt seeks industry views on how to bring workforce back

According to sources, Labour and Employment Secretary Heeralal Samariya reached out to industry executives, a day after the Home Ministry's revised lockdown guidelines

Govt norms on resuming work may come as a burden to firms: Experts

Companies will have to make special arrangements to bring workers to office, with '30-40 per cent passenger capacity' in each vehicle

What migrant labourers say in lockdown: 'work can wait, family cannot'

In the last few days, the restlessness of the migrant workers has spilled into the streets in major cities, including Mumbai, New Delhi, and Surat.

April 20 plan: Govt to meet with lenders on revival of economic activity

Action plan will have two phases: one for lockdown period when the economy activities resume, from April 20 to May 3, and the second after the lockdown period is over