FEDERAL EMPLOYEES

Controversy around Pooja Khedkar's certificate emphasizes delays in updating the 'OBC creamy layer' ceiling from Rs 8 lakh to Rs 15 lakh. Impacted are backward classes and government employees. February 2023 saw no update, and resistance exists for ...

Almost $1 trillion of debt linked to commercial real estate will mature this year in the US, according to the Mortgage Bankers Association, and rising defaults as borrowers fail to repay will create more options for buyers of distressed assets.

Project 2025 is a policy document that is being attributed to the presumptive presidential nominee of the Republican party in the upcoming US Presidential Election. Donald Trump has completed distanced himself from this document which is being slamm...

Elon Musk won dismissal of a $500M severance lawsuit for mass layoffs at Twitter. Judge Trina Thompson ruled ERISA irrelevant. Twitter’s 2019 plan promised more than the post-buyout one month of pay without benefits. Plaintiffs may amend the complai...

Microsoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and integration of OpenAI's tech in products like Windows face antitrust probes. Despite withdrawing, concerns abou...

The staffing and HR industry anticipates tax breaks and investment in skill development in the FY25 budget. They propose lowering the GST on employment services from 18% to 5% and easing EPF contribution rules for staffing companies. Emphasizing ski...

Boeing is set to plead guilty to a criminal fraud charge stemming from two 737 Max jetliners that killed 346 people, after the government determined the company violated an agreement that had protected it from prosecution for more than three years. ...

The Steel Executives Federation of India (SEFI) has proposed merging state-run Rashtriya Ispat Nigam Limited (RINL), Ferro Scrap Nigam Limited (FSNL), and Nagarnar steel plant with Steel Authority of India Limited (SAIL) to create a stronger public ...

The All India Regional Rural Bank Employees Association strongly opposes the merger proposal, citing concerns about the treatment of RRB employees and the lack of tangible benefits from such mergers. They assert that the proposed merger is objection...

Pharma giants Walgreens is now closing down as one of their 4 US stores are currently underperforming amid stiff competition from retail chains like Target. Even slashing price and giving discounts are not working out for the organization, claim rep...

Ahead of the Union Budget for 2024-25, the Union Minister of Finance and Corporate Affairs held the eighth Pre-Budget Consultation in New Delhi, focusing on employment and skill development. Key figures like Anshuman Magazine and Suchita Dutta empha...

Central government employees are advocating for key reforms in the Union Budget 2024-25. Their demands include rationalization of income tax slabs, the restoration of the old pension scheme, the establishment of the eighth central pay commission, im...

Five men claiming allegiance to ISIS took hostages at a detention center in Russia's Rostov region, as reported by the Baza Telegram channel with ties to Russian law enforcement. The Federal Penitentiary Service confirmed the incident, stating the f...

Former Allianz fund manager Gregoire Tournant pleaded guilty to investment adviser fraud charges related to the $7 billion losses in private funds during the COVID-19 pandemic meltdown. Tournant misled investors about fund risks, altered performance...

Australia's online watchdog on Wednesday dropped a legal effort to force Elon Musk's X to remove posts depicting the violent stabbing of a Sydney priest. The watchdog had ordered Musk's company to globally remove about 65 video and audio clips of th...

Belgium's federal prosecutor's office announced police searches at a European Parliament employee's residence and offices in Brussels and Strasbourg over suspected Russian interference. The investigation involves passive corruption and criminal orga...

MSMEs should work towards increasing female workforce participation by making structural changes to their ecosystem, says Lohit Bhatia, President, Indian Staffing Federation (ISF).

Memorial Day 2024 is part of USA Federal Holidays. This day will be observed in May.

The Bank Employees Federation of India (BEFI) demanded that the State Bank of India adhere to the Supreme Court's deadline to disclose the names of contributors to the electoral bond scheme to the Election Commission. The BEFI is a union consisting ...