Search Results for: wage revision

wal-marts-move-pressures-target

Wal-Mart's move pressures Target

Everyday low prices may not mean everyday low wages for employees at Wal-Mart ... and soon at other companies. The move by the U.S.' largest retailer to hike its minimum wage in America could spill Feb 21, 2015
household-debt-keeps-thailand-southeast-asias-sick-man

Household debt keeps Thailand Southeast Asia's sick man

With a monthly wage dwarfed by his payments to loan sharks, Non is among millions of Thais sinking in debt. But spiraling household debt is just one of a plethora of problems dragging on a stuttering Thai economy. Duration: 01:40 Feb 11, 2015
kashmiri-nationalists-blame-pakistan-for-exporting-terror

Kashmiri Nationalists Blame Pakistan for Exporting Terror

Vienna/Muzaffarabad, PoK, February 10, 2015: Despite proclamations, Pakistan's export of terror to neighboring countries continues. Kashmiri nationalists allege Pakistan occupied Kashmir or PoK has virtually become a recruitment and training hub for anti-India groups. There seems to be no end to Pakistan's support to terror, via Pakistan Occupied Kashmir or PoK. Nationalist leaders have for long complained about the mushrooming of terror camps in the remote region, which operate with impunity despite opposition from all corners. Terror outfits like the Lashkar-e-Tayeba or LeT and the Jamaat-ud-Dawa or JuD look towards PoK's mountainous terrain to undertake training of youth to further their agenda. At a recent conference on "Terrorism and its impact on the South Asian region" in Vienna, Jammu Kashmir International Peoples Alliance said religious intolerance and extremism were major the threats to peace in the region. Pakistan, which has illegally occupied PoK for the over six decades, has been training and arming militants to wage proxy war against India, since the late seventies. Publicly, the Pakistani government maintains that it is a victim of terrorism and will not allow any militant groups to operate from its soil. Rhetoric apart, much of the terror infrastructure in PoK ha Feb 10, 2015
dow-biggest-weekly-percentage-gain-since-jan-2013

Dow biggest weekly percentage gain since Jan 2013

It was a strong week on Wall Street for stocks pushing the Dow and the Nasdaq into positive territory for this year. The wage gains seen in the December jobs report initially led investors to buy Feb 7, 2015
fuel-prices-reduced-ahead-of-polls-in-delhi

Fuel prices reduced ahead of polls in Delhi

New Delhi/ Bengaluru/ Mumbai, Feb 04 (ANI): Fuel prices have been reduced by Rs 2.42 for Petrol and Rs 2.25 for Diesel with effect from the midnight of February 3rd and 4th. Indian Oil Corporation (IOC) said it would cut the retail price of diesel by about 4.7 percent and that of gasoline by 4.1 percent from Wednesday (February 04), as global prices have eased since the last revision. AAP leader Ashish Khetan said that slashing of fuel prices was a stunt by the Central government keeping February 07 Delhi polls in mind. BJP leader Meenakshi Lekhi said that fuel prices never got reduced during Congress' rule. Meanwhile, residents gave their mixed reactions following fuel price reduction. Feb 4, 2015
rbi-holds-interest-rates-steady-says-tracking-inflation-and-government-action

RBI holds interest rates steady, says tracking inflation and government action

Mumbai, Feb 03 (ANI): Reserve Bank of India on Tuesday held interest rates steady while boosting banks' liquidity in a bid to persuade them to lower lending rates after they failed to pass on the benefits of the last official rate cut three weeks ago. The RBI kept its policy repo rate unchanged at 7.75 percent, as expected by analysts, leaving its next reduction probably until after the government presents its annual budget at the end of this month. Instead, to prod banks to lend more and lower their lending rates, the RBI cut the statutory liquidity ratio (SLR) - the minimum portion of net deposits that banks must hold in government bonds, cash or gold - by 50 basis points to 21.5 percent from February. 7. The RBI also announced a slew of initiatives to develop markets, including allowing foreign institutional investors to re-invest government bond coupons even when their investment limits were exhausted. The RBI described the domestic economy as "subdued", regardless of the government revision of gross domestic product data, using a new formula which showed the economy grew 6.9 percent in 2013/14, instead of 4.7 percent. Feb 3, 2015
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