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Index reshuffle: IndiGo parent to enter Sensex from Dec 22; Tata Motors Passenger Vehicles dropped

InterGlobe Aviation, the operator of IndiGo, will be included in the BSE’s 30-stock benchmark index Sensex from December 22, the BSE Index Services said on Saturday.As part of the reconstitution exercise, Tata Motors Passenger Vehicles Ltd will be dropped from the index, the announcement added, PTI reported.The changes will take effect from market open on…

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Manufacturing slowdown: US factory activity slows as tariffs push up prices; services sector cushions overall growth

US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…

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IPO market cools after shutdown: US listings slow as SEC backlog delays approvals; tech slump adds pressure

The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…

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Governance reforms: CAG Murthy lays out roadmap for Viksit Bharat; stresses access, data-driven systems

CAG K Sanjay Murthy (ANI) Comptroller and Auditor General of India K Sanjay Murthy on Friday said expanding access, strengthening data-driven governance and advancing institutional maturity in financial management are key pillars for achieving the Viksit Bharat vision, PTI reported.Speaking at the Viksit Bharat talk during the 100th Common Foundation Course at the Lal Bahadur…

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Aviation ties: Air India restores codeshare with Air Canada; flyers get wider access across Canada

Air India on Saturday announced it has reinstated its codeshare partnership with Air Canada, resuming a tie-up that was suspended more than five years ago during the coronavirus pandemic.Under the renewed arrangement, Air India will offer passengers access to six destinations in Canada beyond its gateways at Vancouver and London Heathrow, PTI reported. The airline…

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Labour code rollout: Gig workers get social security for first time; what it means for Zomato, Swiggy, Uber riders

The newly notified labour codes mark a historic shift for India’s gig economy, formally bringing millions of delivery partners, ride-hailing drivers and platform workers under a recognised social security framework for the first time.The overhaul transitions gig workers from the fringes of the unorganised sector into a regulated system with access to protections such as…

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Labour codes rollout: Step to boost India’s export readiness; predictable costs and gender-equal norms to aid exporters

India’s newly implemented labour codes will give the country’s export industries a stronger and more predictable operating environment, a commerce ministry official said. According to the official quoted by news agency PTI, the reforms bring flexibility and simplification for businesses while ensuring fair wages, safety, equality and social security for workers.The Centre enforced the four…

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Labour reforms: ILO chief stresses social dialogue; experts flag compliance, transition challenges

International Labour Organization Director-General Gilbert F Houngbo on Friday said social dialogue between government, employers and workers will remain essential as India implements the four labour codes to ensure the reforms benefit both labour and industry.“Following with interest developments of India’s new Labour Codes announced today, including on social protection & minimum wages,” he said…

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8th Pay Commission: NC JCM urges PM Modi to amend ToR; seeks OPS restoration, pension revision

The National Council (Staff Side) of the Joint Consultative Machinery (NC JCM) has written to Prime Minister Narendra Modi requesting major changes to the Terms of Reference (ToR) of the 8th Pay Commission. The letter, also marked to finance minister Nirmala Sitharaman, calls for restoring the Old Pension Scheme (OPS), revising pensions for existing retirees…

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