Apart from the draft rules, the government has also published a list of FAQs on what the new labour codes mean, definition of wages, gratuity calculation etc. (AI image) New Labour Codes: The Ministry of Labour has pre-published draft rules under new labour codes on Wednesday. These draft rules are open for public consultation, and…
The Centre’s fiscal deficit stood at Rs 9.76 lakh crore at the end of November, accounting for 62.3% of the full-year budget estimate for 2025-26, government data released on Wednesday showed, PTI reported.The deficit was higher than the 52.5% recorded during the same period last year, reflecting a faster pace of expenditure relative to revenue…
MUMBAI: Fino Payments Bank, promoted by Fino PayTech, received in-principle approval from the Reserve Bank of India (RBI) in early December 2025 to transition into a small finance bank, enabling lending operations after restructuring. Fino PayTech’s major shareholders are Bharat Petroleum, ICICI Bank group, Blackstone and Intel Capital. In an interview with TOI, Rishi Gupta,…
AI image means for representation purposes only As 2025 comes to a close, India’s tax framework stands notably altered, shaped by a year-long sequence of reforms that extended well beyond routine income tax changes and into investments, compliance and digital assets.What unfolded over the year was not a single reform but a nuanced reset touching…
Gold prices edged lower on Wednesday, December 31, with MCX gold futures slipping sharply after recent volatility. MCX gold fell by Rs 1,140, or 0.8 per cent, from its previous close of Rs 1,36,666 to touch an intraday low of Rs 1,35,526. The decline came after a strong rally earlier in the week that was…
Russia on Wednesday said that its forces are advancing in northeastern Ukraine, with President Vladimir Putin ordering the expansion of a territory that Moscow describes as a “buffer zone” along the border in 2026, according to Russian state news agencies.Chief of the General Staff Valery Gerasimov said Putin had directed the expansion of the buffer…
The Union cabinet on Wednesday approved highway projects worth Rs 20,668 crore, including a six-lane greenfield Nashik–Solapur (Akkalkot) corridor in Maharashtra and the widening and strengthening of NH-326 in Odisha.The largest approval is for the 374-km Nashik–Solapur (Akkalkot) corridor, cleared at a cost of Rs 19,142 crore. The project involves construction of a six-lane access-controlled…
India’s aviation policy has created a gap between airport operators and airlines as Adani Group is urging the Centre to expand international flying rights while others argue for limitations. The infrastructure gaint, which operates eight airports across India, has asked the government to accelerate negotiations with several countries, including the UAE, Saudi Arabia, Qatar, Singapore,…
The Union Cabinet on Wednesday approved a relief package for debt-laden Vodafone Idea, freezing adjusted gross revenue (AGR) dues of Rs 87,695 crore and rescheduling their repayment over a 10-year period from FY32 to FY41, sources told PTI.As part of the decision, the Department of Telecommunications will reassess the frozen AGR dues based on Deduction…
In the roads and highways segment, the government continues to prioritize the expansion and enhancement of the national highways network. By Sushi Shyamal VemuIndia’s infrastructure sector is experiencing a significant transformation, as major developers and Infrastructure Funds shift their focus from isolated project implementation to developing large-scale infrastructure platforms. This change is driven by increased…
