The government has initiated the process of overhauling the legal framework governing social security and pension benefits for coal workers, with the coal ministry proposing a new law to replace the 77-year-old Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948.According to the ministry, the proposed Coal Mines Employees’ Provident Fund and Miscellaneous Provisions Bill,…
Tata Capital Ltd’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The Rs 15,512 crore share sale drew bids for 45.85 crore shares against 33.34 crore shares on offer, a subscription of 1.38 times, according to NSE data till 1:36 PM IST.Among investors, the Qualified Institutional Buyers (QIBs) category…
British PM Keir Starmer wants the Free Trade Agreement (FTA) agreement between India and UK to be implemented as soon as “humanly possible.”Speaking with delegates in Mumbai, Starmer described the deal as a major opening for both countries saying that it provides huge opportunities.The PM also mentioned that he had instructed his team to ensure…
DGGI commenced their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcause notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…
Bajaj Finserv has rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, launching the campaign “100% Bajaj. Made in India. Made for India. Made by India” to signal its commitment to policyholders, business partners, and expanding insurance penetration. The group has received regulatory approvals from the ROC, CCI, and IRDAI to acquire…
Asian stocks traded mostly in red on Wednesday following Wall Street’s first slump in eight days, losing streak after gold rallied to record high.Hong Kong’s HSI was down 287 points or 1%, reaching 26,669. Taiwan’s index also slipped down 129 points or 0.48%.Nikkei too traded in red, falling 31 points to 47,919 at 10 AM…
Market experts anticipate Indian equities to stay range-bound in the short term. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,100, BSE Sensex was near the 82,00 mark. At 9:16 AM, Nifty50 was trading at 25,116.10, up 8 points or…
NEW DELHI: A World Bank report released on Tuesday said there has been a 20% decline in job listings for the most exposed and most substitutable white-collar occupations in South Asia due to generative AI, which has also provided a 30% wage premium for required skills.Between January 2023 and March 2025, job-posting data indicated that…
Piyush Goyal talked about India-US trade talks progress NEW DELHI: Union Commerce and Industry Minister Piyush Goyal indicated on Tuesday that the government is maintaining contact with the United States at various levels concerning the proposed Bilateral Trade Agreement (BTA), suggesting potential progress towards the agreement.The minister, however, avoided specifying any timeline for completing the…
NEW DELHI: Prime Minister Narendra Modi will inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on Wednesday, a landmark step in India’s civil aviation journey. The project marks a major milestone in Mumbai’s emergence as a global multi-airport city and is set to aid in easing congestion, boost passenger capacity, and introduce sustainable…
