Trade Unions

Trade unions against increasing EPFO investment in ETFs

Central trade unions including RSS affiliate Bharatiya Mazdoor Sangh (BMS) are up in arms against a proposal to raise proportion of EPFO's investment in Exchange Trade Funds (ETFs) this fiscal.

Jul 03, 2016, 16:38 PM IST

Government to act on trade unions' demands soon, says Bharatiya Mazdoor Sangh

RSS-backed Bharatiya Mazdoor Sangh today said the government has promised that it will implement soon the 'written assurance' given to central trade unions over their 12-point charter of demand

Apr 16, 2016, 18:24 PM IST

Central trade unions to give strike call for Sept 2

Central trade unions will Tuesday announce one-day nationwide strike on September 2 to protest against government's unilateral labour reforms and "anti-workers" policies.

Mar 29, 2016, 21:33 PM IST

PF deposits: Unions to press for 9% interest for FY16

The unions have decided to oppose any proposal to retain the existing rate of 8.75 percent for the current fiscal along with a uniform bonus of Rs 200 to all subscribers at meeting of the EPFO's trustees on February 16.

Feb 11, 2016, 16:11 PM IST

Higher bonus for workers becomes a reality

The government has notified the Payment of Bonus Act on January 1, a move which will benefit crores of workers whose wages are below Rs 21,000 per month.

Jan 08, 2016, 19:54 PM IST

7th Pay Commission suggestions to be demand booster; but lag on fiscal path: Ind-Ra

The Seventh Pay Commission award will be a demand booster to the economy, but it may pose a serious challenge to the government's fiscal consolidation path, ratings firm Ind-Ra said has said.

Nov 21, 2015, 16:38 PM IST

7th Pay Commission report: Reactions from rating agencies and brokerages

Here are the reactions from various rating agencies and brokerages on 7th Pay Commission report.

Nov 21, 2015, 12:08 PM IST

7th Pay Commission report: Reactions from trade unions

Here are the reactions from various trade unions on 7th Pay Commission report.

Nov 21, 2015, 11:32 AM IST

Assocham advises central trade unions to call off strike

The apex body Assocham estimated a hefty loss of about 25,000 crore due to the ongoing strike by the central trade unions.

Sep 03, 2015, 13:16 PM IST

Strike had only a marginal impact: FM Jaitley

Finance Minister Arun Jaitley on Wednesday said the day-long nationwide strike called by central trade unions only had a "marginal or inconsequential impact".

Sep 02, 2015, 23:33 PM IST

'One-day strike cost Rs 25,000 crore to economy'

As a nationwide strike of trade unions hit banking and other services Wednesday, business chambers today pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination.

Sep 02, 2015, 19:57 PM IST

Bharat Bandh: Strike affects clearing business at banks

Normal working at banks was affected on Wednesday due to a nationwide strike called by 10 central trade unions, although the staff of SBI, IOB, ICICI Bank, HDFC Bank and Axis Bank stayed away from the agitation.

Sep 02, 2015, 12:44 PM IST

Reasons behind Sept 2 Bharat Bandh

Essential services are likely to be impacted tomorrow with 10 central trade unions going ahead with one-day nationwide strike to protest against changes in labour laws.

Sep 01, 2015, 17:14 PM IST

5 CIL trade unions to support Sept 2 nationwide strike call

To protest against the proposed stake sale in Coal India, its five major trade unions will support the September 2 nationwide strike call, on labour issues, called by all 11 central trade unions of the country.

Aug 26, 2015, 20:25 PM IST

Coal India stake sale: Trade unions up the ante

Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.

Aug 19, 2015, 22:14 PM IST

Changes in labour laws only with consensus: PM Modi

Addressing the 46th Indian Labour Conference, he said there is a thin line that separates the interest of workers and their unions and the same should be respected.

Jul 20, 2015, 14:25 PM IST

EPFO to start investing in stock markets from next month

Retirement fund body EPFO will start investing in stock markets from next month as part of its plan to put in as much as Rs 5,000 crore in exchange traded funds (ETFs) by the end of this fiscal.

Jun 25, 2015, 16:43 PM IST

State-run pension fund to start buying shares as Modi pushes reform

India`s state social security fund, undeterred by resistance from trade unions, will start investing in equity markets next month, the labour minister said, as part of a reform drive aimed at boosting the economy.

Jun 25, 2015, 12:38 PM IST

Air India pilots oppose secret ballot for recognising trade unions

The national carrier currently has 15 recognized trade unions representing around 22,000 employees of erstwhile Indian Airlines, besides Air India.

Jun 09, 2015, 18:43 PM IST

UK Unions to meet on Monday over strike action at Tata Steel

Trade unions -- Community, Unite, GMB and UCATT -- will meet next week on Monday to decide on the "strike action" on Tata Steel's proposal to scrap the British Steel Pension Scheme (BSPS).

Jun 04, 2015, 21:25 PM IST