1764332861 unnamed file.jpg

Ease rules for employers! New labour codes slash jail provisions to 22; promote more facilitative regulatory setup

The four new labour codes have significantly reduced the number of offences that carry imprisonment, cutting them to 22 from 87 earlier, according to a senior government official, ET reported.Of these, 16 offences are compoundable, while only six sections now provide for imprisonment along with higher fines for first-time violations related to safety and social…

Read More
1764325332 unnamed file.jpg

Indian economy enters H2 of FY26: Finance ministry says GST reform lifts consumption; sees strong demand despite global risks

The finance ministry on Thursday said the Indian economy entered the second half of the fiscal year on a “firm foundation,” supported by easing inflation, resilient domestic demand and recent tax reforms. The rationalisation of goods and services tax (GST) rates has given a “measurable boost” to consumption, strengthening the growth outlook, it added.In its…

Read More
1764321658 unnamed file.jpg

India steps up FTA push: New Delhi actively negotiating trade pacts with US, EU, says Goyal; set to resume talks with Canada

India is currently negotiating free trade agreements (FTAs) with a wide range of partners, including the United States and the European Union, Commerce and Industry Minister Piyush Goyal said on Friday. He said New Delhi is working closely with “trusted partners” to strengthen economic ties at a time when global trade faces rising geopolitical and…

Read More
1764317984 unnamed file.jpg

‘Happy to localise’: Chinese giant mulls India battery plant; Envision plans $34 million output amid soaring storage needs

China’s Envision Group is exploring the possibility of setting up a battery manufacturing plant in India, looking to tap into the country’s rapid push to modernise its grid and integrate more renewable energy.According to Bloomberg, Suman Nag, Envision’s global head for contracts, said the company is evaluating a 5 GWh-a-year, $34 million facility, which would…

Read More
1764314190 unnamed file.jpg

Tata’s beach villa in Seychelles up for sale

MUMBAI: The late industrialist Ratan Tata’s property in Seychelles is up for sale. The former Tata Group chairman had bequeathed his beachfront villa on Mahe, the archipelago’s largest island, to RNT Associates, his Singapore-registered fund that backed Indian startups, as stated in his will. Third-party valuers appointed by his will’s executors had valued the property…

Read More
1764310549 unnamed file.jpg

Asian stocks today: Markets struggle to build on week’s rally; Wall Street stays shut for Thanksgiving holiday

Asian markets traded in a narrow range on Friday, wrapping up a strong week for global equities amid growing expectations that the US Federal Reserve will cut interest rates again next month. South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index were trading lower, while China’s Shanghai Composite edged into positive territory….

Read More
1764303223 unnamed file.jpg

Economy enters H2 on stable footing: Finance ministry

NEW DELHI: The economy enters the second half of FY26 on a stable footing, anchored by well-contained inflation, resilient domestic demand and supportive policy dynamics, even as global uncertainties warrant continued vigilance, a finance ministry report said on Thursday.The monthly report for Oct also cautioned that global uncertainties – including shifting trade policies, geopolitical frictions,…

Read More