LABOUR COSTS
Ballot in Britain: Keir Starmer-led Labour Party set to sweep to power, ousting Rishi Sunak Britons are casting their votes in a parliamentary election that could see Keir Starmer's Labour Party replacing Prime Minister Rishi Sunak's Conservatives. Opinion polls suggest a potential landslide victory for Starmer, reflecting a desire for cha...
04 Jul, 2024, 11.54 PM ISTUK general election: Cost of living could trump pride in Rishi Sunak for British Indian voters The UK's general election will test Rishi Sunak's leadership amid a cost-of-living crisis and fatigue with the Conservative Party after 14 years in power. Polls suggest Labour could secure a "supermajority," reflecting a desire for change. Despite S...
04 Jul, 2024, 11.02 PM ISTLabour predicted to rout Sunak's Conservatives as Britain goes to polls Britain is poised to elect Labour Party leader Keir Starmer as the next prime minister, ending the Conservative Party's 14-year rule. Polls indicate a significant lead for Labour, reflecting voter desire for change rather than strong support for the...
04 Jul, 2024, 11.11 AM IST- ADVERTISEMENT
Britain’s economy isn’t seeing growth anywhere near India’s 7% GDP rise — this has caused fewer differences between the Conservatives and Labour: Jaideep Prabhu The UK election landscape is marked by economic uncertainties post-Brexit, minimal policy distinctions between parties, and environmental concerns driving voter engagement. Influential figures like Farage, Johnson, and Sunak shape political narrativ...
04 Jul, 2024, 08.57 AM ISTGold gains on softer dollar ahead of US Fed minutes Gold prices strengthened on Wednesday as the dollar eased after dovish comments from Federal Reserve Chair Jerome Powell, with investors now turning to minutes from the U.S. central bank's latest policy meeting to gauge future interest rate cuts.
03 Jul, 2024, 06.07 PM ISTIncreasing annual leave to five weeks would cost employers less than you might think The idea of expanding annual leave to five weeks appears to be gaining traction, spurred by recent advocacy from groups like the Shop Distributive and Allied Employees Association. While certain industries already offer extended leave, such as for c...
02 Jul, 2024, 12.41 PM ISTUK's Labour Party commits to stamping out anti-India sentiments Parties in the UK, including Labour, Conservatives, Liberal Democrats, and the Green Party, compete for votes within the Indian diaspora, emphasizing ties with India and key issues like the stalled free trade agreement and cultural exchanges.
29 Jun, 2024, 08.09 PM ISTHow to fix skilling the competition Legislation is needed to bring parity in working conditions among blue- and white-collar workers. Where this is not possible - for instance, in construction - wages must adjust to the harshness of outdoor work. Industry also has to commit more towar...
27 Jun, 2024, 10.48 PM ISTWho is Keir Starmer, the Labour leader favoured to win Britain's July 4 election? Labour Party leader Keir Starmer, a managerial and dutiful figure, aims to lead the UK towards stability and change after years of Conservative rule. A former prosecutor, Starmer stresses his everyman credentials and seeks to appeal to voters with a...
27 Jun, 2024, 12.01 PM ISTGold rises 1% to two-week peak as Fed rate cut bets lift demand Gold prices rose more than 1% on Thursday to their highest level in two weeks, as recent U.S. economic data showing signs of a slowdown in the world's largest economy boosted bets for interest rate cuts from the Federal Reserve this year.
20 Jun, 2024, 09.32 PM ISTSom Distilleries & Breweries' child labour incident casts a cloud over India Inc's supply chains Listed company SDBL in Bhopal rescued 58 children from child labour. Bachpan Bachao Andolan aided in rescue operation. While listed companies themselves rarely engage in child labour practices, they can become inadvertently connected to such practic...
19 Jun, 2024, 08.08 AM ISTDental appointments in Costa del Sol are cheaper than private clinics in the UK. Here is the reason A women realised that travelling to Costa del Sol in Spain for a dental appointment is a lot cheaper than spending on a private clinic in the UK. This cost is cheaper including the appointment charges, flight tickets and an overnight stay. People ar...
16 Jun, 2024, 02.34 AM ISTLabour Codes: Secy to meet officials to take stock of state rules The BJP-led NDA government is preparing to implement the four labour codes and will hold a meeting on June 20 with state labour secretaries and commissioners to review state rules. The aim is to align state rules with the Centre's model rules to ens...
13 Jun, 2024, 12.19 AM ISTBirth better solutions to raise productivity The global fertility rate is nearing the replacement rate, and the world may be only years away from depopulation, according to UN projections. Rich economies are already below replacement levels, while least developed nations have higher rates. The...
06 Jun, 2024, 11.11 PM ISTServices activity growth eases to 5-month low in May India's services sector output growth moderated in May, reaching its lowest level in five months, according to the HSBC India Services Business Activity Index. The index slipped to 60.2 from 60.8 in April, indicating a softening in services activiti...
06 Jun, 2024, 12.11 AM ISTMost states out with draft rules under new labour codes, about 3 cr job opportunities in 2022-23: Labour secretary Labour secretary Sumita Dawra said the labor reforms have been put in place with an eye on ease of doing business, simplification, and reduction in compliance burden, decriminalization and seamless dispute resolution, promotion of labor market flexi...
18 May, 2024, 07.26 PM ISTWall St Falls, Yields Rise on Hot Labour Cost Data Tesla dipped 5.2% following a 15% surge in the previous session after a report that CEO Elon Musk had dismissed two senior executives and plans to lay off hundreds more employees.
01 May, 2024, 08.01 AM ISTDow drops 302 points on hot labour costs data, caution before Fed verdict US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. On the earnings front, GE HealthCare los...
30 Apr, 2024, 10.19 PM ISTLiving wage augurs well for contractual staff India transitioning to living wages with ILO, affecting labor costs. Disparities in pay among different worker types. Global minimum wage increases noted. Italy resists implementing minimum wage. Challenges anticipated for MSMEs, SMEs, and gig worke...
05 Apr, 2024, 12.10 AM ISTRacial tensions cost Germany Inc. skilled foreign labour Between 2013 and 2022, the number of xenophobic hate crime cases reported to the Interior Ministry in Germany more than tripled to over 10,000. According to official German projections, the nation will lack seven million skilled workers overall by 2...
27 Mar, 2024, 01.51 PM IST