Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…
U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall Source link
Trump envisions this updated programme as an instrument to draw and maintain exceptional talent. Indians, chasing the American dream, now have a fresh avenue to fulfill it with US President Donald Trump officially launching the Gold card programme. Given the long queues for Green cards and the stricter H-1B visa regime, Indians have been looking…
The maker of Zepbound reported results from a study of retatrutide, which targets three hormones in the body and led to much more weight loss than any approved drug. Source link
ITR refunds: Delays in receiving income tax refunds this year are largely tied to filing errors, system checks for high-value claims and incomplete verification by taxpayers, according to an ET report. While small refunds have been processed for most filers, many taxpayers are still waiting because their returns have been flagged for additional review, or…
You may be surprised by the little-known and sometimes nonsensical rules lurking in the fine print. Here are a few that tripped up readers in 2025. Source link
The Reserve Bank of India has begun consultations with banks on creating a uniform disclosure format for service charges and removing overlapping fees, as the regulator steps up efforts to streamline customer-facing charges, people familiar with the matter told ET.A senior bank executive said the discussions include having a standardised template that clearly itemises service…
The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor. Source link
Indian corporates with inadequate foreign-exchange hedging could face rating pressure if the rupee weakens sharply, global credit rating agency Fitch Ratings cautioned in a new commentary released on Thursday. The agency said that companies in sectors with limited natural hedges remain the most vulnerable to currency swings, ANI reported.Fitch noted that “in sectors with significant…
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it. Source link
