Labour codes to usher in uniformity, clarity

[ad_1] In a landmark move set to reshape India’s labour landscape, govt notified the implementation of all four labour codes, bringing into effect one of the most ambitious labour reforms in the country’s post-independence history. The rollout marks the realisation of “One India, One Law”- a unified labour framework that replaces a century of fragmented…

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Big workforce reform! Four Labour Codes made effective to simplify and streamline labour laws – check top details

[ad_1] In a major policy shift, the government on Friday announced the implementation of four consolidated labour codes–Code on Wages (2019), Industrial Relations Code (2020), Code on Social Security (2020) and the Occupational Safety, Health and Working Conditions (OSHWC) Code (2020)–with effect from November 21, 2025. The move rationalises 29 existing labour laws and aims…

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‘Understand the truth’: AI videos with PM Modi, FM Sitharaman, RBI governor offering ‘investment advice’ go viral; PIB fact checks

[ad_1] NEW DELHI: As AI-generated videos “featuring” Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar and RBI Governor Shaktikanta Das circulate online claiming to offer investment advice, the government on Friday issued a clarification through PIB Fact Check stating that the clips are fake and digitally altered.According to PIB, the…

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Donald Trump tariff impact: CBO trims deficit-cut estimate by $1 trillion; revised data, rate changes drive downgrade

[ad_1] The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to…

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Energy corridor boost: Tata Power to acquire 40% stake in Bhutan hydro SPV; project to supply 80% output to India

[ad_1] Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused…

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Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

[ad_1] The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled…

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Crypto crash: Bitcoin sinks below $82k; tech slump spills into crypto markets-here’s what analysts say

[ad_1] Bitcoin and ether tumbled to multi-month lows on Friday as investors pulled back from riskier assets amid concerns over stretched tech valuations and fading expectations of near-term US rate cuts, Reuters reported. Bitcoin, the world’s largest cryptocurrency, dropped 5.5% to a seven-month low of $81,668, while ether slid more than 6% to $2,661.37, hitting…

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Cross-border payments boost: India, EU begin phase to link UPI with TIPS; remittances to get cheaper

[ad_1] The Reserve Bank of India (RBI) on Friday said the process of interlinking the Unified Payments Interface (UPI) with the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform has entered the realisation phase, marking a step towards enabling cross-border instant payments between India and Europe. RBI and NPCI International Payments Limited (NIPL) have been in…

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