Representative image credits: IANS Bitcoin fell sharply on Friday, closing at $80,553, while ether also hit a four-month low, as cryptocurrencies led a sell-off in riskier assets. Analysts warned that dropping below $80,000 could bring even bigger losses for the world’s largest digital currency.The decline comes amid investor concerns about expensive tech stocks and uncertainty…
Multiple international airlines suspended their departures from Venezuela on Saturday, following a US aviation alert warning of unsafe conditions in the country’s airspace. The cancellations come amid heightened tensions as the United States prepares a new phase of operations targeting Venezuela, raising concerns about the stability of the region.Gol of Brazil, Avianca of Colombia and…
US President Donald Trump once again defended his aggressive tariff strategy, claiming it is generating “TRILLIONS of Dollars” for America and has functioned as a powerful tool to prevent international conflicts.In a Truth Social post on Sunday, Trump wrote, “We are taking in TRILLIONS of Dollars in Tariffs and Investment Dollars from foreign lands because…
The National Council (Staff Side) of the Joint Consultative Machinery (NC JCM) has written to Prime Minister Narendra Modi requesting major changes to the Terms of Reference (ToR) of the 8th Pay Commission. The letter, also marked to finance minister Nirmala Sitharaman, calls for restoring the Old Pension Scheme (OPS), revising pensions for existing retirees…
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, Health…
International Labour Organization Director-General Gilbert F Houngbo on Friday said social dialogue between government, employers and workers will remain essential as India implements the four labour codes to ensure the reforms benefit both labour and industry.“Following with interest developments of India’s new Labour Codes announced today, including on social protection & minimum wages,” he said…
Air India on Saturday announced it has reinstated its codeshare partnership with Air Canada, resuming a tie-up that was suspended more than five years ago during the coronavirus pandemic.Under the renewed arrangement, Air India will offer passengers access to six destinations in Canada beyond its gateways at Vancouver and London Heathrow, PTI reported. The airline…
US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…
NEW DELHI: The China factor weighs heavily on India’s emerging electric car market as the domestic supply chain for the green cars is still inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV car models sold in the country, only six have been found eligible for benefits under the…
The government has listed the Securities Markets Code Bill 2025 for introduction in the Winter session of Parliament starting December 1, according to a Lok Sabha bulletin. The unified legislation is aimed at boosting ease of doing business and reducing regulatory friction across India’s financial markets. The Bill proposes merging key securities laws, including the…
