Business

[ad_1] 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…

[ad_1] India’s shrimp trade recorded a steady rise in the first five months of FY26, with exporters earning $2.43 billion — an 18 per cent increase from last year — as per a new assessment by CareEdge Ratings. Shipment volumes also improved, touching 3.48 lakh metric tonnes, up 11 per cent year-on-year. Much of this…

[ad_1] 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,…

[ad_1] 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…

[ad_1] India’s export performance has remained steady even as global markets face volatility, according to SBI Research, which shared its assessment. As per news agency ANI, the report states that merchandise exports between April and September in FY26 touched $220 billion, a 2.9 per cent rise from $214 billion in the same period last year….

[ad_1] File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer…

[ad_1] 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…

[ad_1] 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…

[ad_1] 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…

[ad_1] 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…