Latest News, Updates & Breaking Headlines
The central government has notified a wide set of labour reforms under India’s four Labour Codes, bringing changes for fixed-term employees, women, gig workers, MSME staff and contract workers. The notification was issued on Friday. The four codes—Code on Wages (2019), Industrial Relations Code (2020), Code on Social Security (2020) and the Occupational Safety, Health…
Customers planning to visit their bank branches today will need to reschedule their work, as physical branches across the country are closed on Saturday, November 22, 2025. Banks in India remain open on the first, third and fifth Saturdays of each month, but the second and fourth Saturdays are uniformly observed as holidays. Since today…
India’s retail landscape is undergoing a major shift as smaller cities begin to drive the country’s organised retail expansion, according to new industry assessments. As per news agency ANI, Cushman & Wakefield’s Q3 2025 Retail Market Beat shows a sharp rise in leasing activity across Tier II and Tier III cities this year, reflecting stronger…
File photo: Byju Raveendran (Picture credit: IANS) BENGALURU: The Delaware Bankruptcy Court has entered a default judgment of more than $1.07 billion against Byju Raveendran, after finding that the edtech founder repeatedly failed to comply with court-ordered discovery in the Byju’s Alpha adversary proceeding. A default judgment is a ruling issued when a party does…
MUMBAI: Fraud and waste continue to drag India’s health-insurance system, with Rs 8,000–10,000 crore leaking from claim payouts each year, says a Boston Consulting Group–Medi Assist report. Fraud and unnecessary claims inflate premiums, strain insurer finances and drain public funds. Weak data systems and loose checks also push patients into higher out-of-pocket spends.The analysis shows…
NEW DELHI: The China factor continues to weigh heavily on India’s emerging electric car market as the domestic supply chain for green cars is inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV models sold in the country, only six – around 13% – have been found eligible for…
MUMBAI: In a major boost to gig workers, the Centre’s move to implement the social security code will not just help those working with online platforms but also others to access benefits.Following budget announcement, some 15 lakh workers linked to online platforms are already registered on the labour ministry’s e-shram portal but the numbers are…
NEW DELHI: India Inc will have to significantly alter the way it does business — from reworking salary and allowances of employees to comply with the new provisions to health check-ups for all staff members above 40 years and providing gratuity to all fixed term employees after one year of continuous service — but they…
MUMBAI: The rupee closed at a record low of 89.49 against the dollar on Friday, slipping past the earlier floor of 88.80 and triggering stop-loss trades as the currency slid 78 paise from its previous close of 88.71, its sharpest fall since May.Offshore rates weakened toward 89.86, as strong dollar demand and portfolio outflows overwhelmed…
NEW DELHI: In a bid to boost liquidity for real estate investment trusts (REIT), Sebi is set to hold discussions with stakeholders to include them in market indices, chairman Tuhin Kanta Pandey said here on Friday. The markets regulator is evaluating more measures to promote ease of doing business for REITs and InvITs (infrastructure investment…
