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IndusInd Bank Reports Record Quarterly Loss Amid Suspected Employee Fraud

IndusInd Bank Reports Record Quarterly Loss Amid Suspected Employee Fraud

IndusInd Bank posted its biggest ever quarterly loss of INR 2,236 crore in Q4 FY25, a massive reversal from the profit it posted of INR 2,347 crore a year ago. The private lender stated it

Accenture to Promote 50,000 Employees Following Six-Month Delay Amid Market Challenges

Accenture to Promote 50,000 Employees Following Six-Month Delay Amid Market Challenges

Global consulting and technology company Accenture Plc has announced that in June, it will be promoting approximately 50,000 employees across the globe, after a delay of six months due to a decrease in client demand

Senate Passes ‘No Tax on Tips’ Act: What the New Senate Bill Means for Service Workers

Senate Passes ‘No Tax on Tips’ Act: What the New Senate Bill Means for Service Workers

In a pivotal win for millions of American service workers, the U.S. Senate on Tuesday unanimously passed the ‘No Tax on Tips Act’ in a 100-0 vote. The bill, which was supported by President Donald

New Protections Proposed for Pregnant Agency Workers in Isle of Man

New Protections Proposed for Pregnant Agency Workers in Isle of Man

On the Isle of Man, the government is intending to extend health and safety protections to pregnant agency workers who lack the same risk assessments that are required for expectant mothers. The intention is to

New Jersey Rail Workers Call Off Strike, Commuter Services Resume Tuesday

New Jersey Rail Workers Call Off Strike, Commuter Services Resume Tuesday

The New Jersey rail workers ended their strike after three days when the Brotherhood of Locomotive Engineers and Trainmen (BLET) reached a tentative agreement with NJ Transit on Sunday. BLET, which represents 450 engineers, voted

Bihar Government Hikes DA to 55% for State Employees

Bihar Government Hikes DA to 55% for State Employees

In a major financial relief to government staff and pensioners, the Bihar government has sanctioned an increase in Dearness Allowance (DA) and Dearness Relief (DR) with effect from January 1, 2025. The increase announcement was

Infosys, Wipro Boost Median Salaries by 30% Since FY21 

Infosys, Wipro Boost Median Salaries by 30% Since FY21 

India’s largest IT companies, Infosys and Wipro, have seen a significant rise in median employee pay, a rise of 30% from FY21 to FY24 despite wage growth for the industry as a whole beginning to

Trump Turns to Supreme Court to Advance Federal Layoff Agenda

Trump Turns to Supreme Court to Advance Federal Layoff Agenda

President Donald Trump has asked the U.S. Supreme Court to overturn an injunction from a lower court blocking mass systemic federal layoffs and agency reorganizations as an aggressive advance of his mission to overhaul the

Ontario’s Mega Budget: $232.5B to Shield Jobs, Combat Tariffs and Foster Unity

Ontario’s Mega Budget: $232.5B to Shield Jobs, Combat Tariffs and Foster Unity

Ontario is introducing a record setting budget of $232.5 billion focused on protecting jobs within the context of economic uncertainty related to US tariffs. With unemployment soaring to 7.8%, compared to the national average of

West Bengal State Employees to Receive 25% DA Following Supreme Court Verdict

West Bengal State Employees to Receive 25% DA Following Supreme Court Verdict

Dearness Allowance is an adjustment for the cost of living for professionals and pensioners employed by the government to allow them to cope with increasing prices, inflation etc.The Dearness Allowance is usually a percent of