Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…
The government is considering a plan to allow global tenders for a wide range of patented medicines — spanning weight-loss, cancer, cardiac and diabetes treatments — to support procurement for central healthcare agencies such as the armed forces’ medical services and the Employees’ State Insurance Corporation (ESIS).The plan is aimed at securing essential treatments that…
NEW DELHI: Union commerce and industry minister Piyush Goyal’s recent three-day visit to Israel highlighted India’s growing role as a trusted and reliable partner on the global stage. Invited by Israel’s Minister of Economy and Industry, Nir Barkat, Goyal visited the country from November 20–22.“Today, India is emerging as a trusted friend and a reliable…
Currently, PF contributions are set at 12% of the basic salary. (AI image) New labour codes 2025: The government has notified new labour laws that may require companies to ensure basic salary makes up at least 50% of the total cost-to-company (CTC), potentially prompting changes in how pay packets are structured. As a result, for…
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 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…
India and Israel have discussed ways to strengthen cooperation in the agriculture sector, the commerce ministry said on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal, during an official visit to Israel, met Israeli Minister of Agriculture and Food Security Avi Dichter for detailed discussions on advancing agricultural collaboration.Goyal also held a series of bilateral…
PPF is a government-backed investment which currently offers an interest rate of 7.1%. (AI image) Public Provident Fund or PPF is one of the most popular investment options available – and one that can make you a crorepati with disciplined investing. In fact if you were to start a PPF account by the age of…
