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Indian workers work longest, earn the least Men work longer hours than women in both rural and urban areas, and for both men and women, the hours of work are longer in urban areas.Premium 3 min read India’s new draft labour codes, which envisage a shorter work week, may offer some flexibility to a small section of the country’s workforce. But it is not going to reduce working hours in a country that has among the longest working hours in the world Share Via Read Full Story For white collar workers who have made an easy transition to working from home, the prospect of a four-day work week,...

India fully vaccinates 3.42 lakh health workers, Maharashtra records fresh spike in virus cases Premium Share Via Read Full Story Over 342,000 healthcare workers are now protected from the coronavirus infection in India after they got their second and final dose of the vaccine. India began giving the second dose on 13 February, four weeks after vaccinations began. This period has seen a marked decline in new infections, though that trend appears to be breaking in Maharashtra after fresh spikes this week. The pace of vaccinations is gradually picking up, but government data on the second doses...

Oaktree sweetens DHFL bid further Premium DHFL owes close to ₹85,000 crore to a consortium of lenders led by SBI who are poised to recover more than 40% of the dues if Oaktree’s offer is accepted. 2 min read Share Via Read Full Story Oaktree Capital has upped its offer for Dewan Housing Finance Ltd (DHFL) by ₹1,700 crore on Thursday, intensifying a protracted bidding war with Piramal Capital and Housing Finance Ltd for control of the bankrupt mortgage lender. Oaktree’s offer came a day after Piramal Capital raised its bid by ₹1,000 crore and also improved its offer for a controll...