South Korean auto maker Hyundai Motor India Ltd (HMIL) is offering a three-month EMI waiver to customers who might lose their jobs. The scheme tries to assure potential customers who might be postponi...

Congress general secretary Priyanka Gandhi on Saturday said the Narendra Modi government’s plan to celebrate hundred days in office in its second term would be like celebrating the ruin of certain i...

The ongoing economic slowdown has cost more than 3 lakh jobs in the real estate sector, and the industry fears bigger layoffs, unless the government provides them stimulus. “The economy and the rea...

Mahindra & Mahindra (M&M) has retrenched about 1,500 temporary workers since April and may be forced to lay off more if the slowdown continues. “I think from April 1 till now we have removed...

Industry has sought an urgent relief package from the government as it warned of job losses and highlighted the plight of medium and small enterprises (MSMEs) because of the lockdown, which has now ...

Auto component manufacturers have warned that around 10 lakh people could be laid off if the prolonged slowdown in the industry continues and have asked the government to stimulate demand by reducing ...

Given the fact that a significant amount of jobs has been lost by casual rural workers in the recent past, the Mahatma Gandhi National Rural Employment Guarantee Act gains added significance. It is su...

“Jobless growth” has slipped into “job-loss growth”, which, together with rural indebtedness and urban chaos, has made the growing number of aspirational youths restless, former Prime Minister...

Boeing is cutting more than 12,000 US jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly after disclosi...

Police forced a group of jobless migrant workers, making the long journey home on foot in the absence of public transport, to hop like frogs on a Badaun road for “violating” lockdown orders.The �...