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Court order protects thousands of federal workers from job loss amid ongoing US government shutdown A US federal judge has issued a temporary restraining order preventing the Donald Trump administration from laying off federal employees amid the ongoing government shutdown.Judge Susan Illston described the planned cuts as “illegal” and “exceeding authority.” During a Wednesday hearing…
The steel industry has received a temporary reprieve from the BIS rule, which had forced importers to obtain certificates for both finished steel products and raw materials.The October 6 exemption puts a stay on the earlier certification order introduced on June 13.It applies to three Indian Standards: IS 6911, IS 5522, and IS 15997, covering…
Albert Park, chief economist at the Asian Development Bank, is in India and sat down with TOI to speak on a range of issues from India’s growth to impact of Trump tariffs. Excerpts:How do you look at India against the backdrop of what’s happening geopolitically, especially the Trump tariffs?We’ve downgraded our forecast compared to April….
Companies across consumer electronics, e-commerce, automobiles, retail, logistics, and FMCG are rushing to hire temporary staff as India’s festive season kicks off, following reduced GST rates from September 22. Industry experts say many shoppers had postponed purchases earlier this season, which dented sales, but with firms passing on GST cuts through price reductions, buyers are…
