Business

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…

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…

India’s export performance has remained steady even as global markets face volatility, according to SBI Research, which shared its assessment. As per news agency ANI, the report states that merchandise exports between April and September in FY26 touched $220 billion, a 2.9 per cent rise from $214 billion in the same period last year. Exports…

Customers planning to visit their bank branches today will need to reschedule their work, as physical branches across the country are closed on Saturday, November 22, 2025. Banks in India remain open on the first, third and fifth Saturdays of each month, but the second and fourth Saturdays are uniformly observed as holidays. Since today…

India’s retail landscape is undergoing a major shift as smaller cities begin to drive the country’s organised retail expansion, according to new industry assessments. As per news agency ANI, Cushman & Wakefield’s Q3 2025 Retail Market Beat shows a sharp rise in leasing activity across Tier II and Tier III cities this year, reflecting stronger…

File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…

MUMBAI: The rupee closed at a record low of 89.49 against the dollar on Friday, slipping past the earlier floor of 88.80 and triggering stop-loss trades as the currency slid 78 paise from its previous close of 88.71, its sharpest fall since May.Offshore rates weakened toward 89.86, as strong dollar demand and portfolio outflows overwhelmed…

NEW DELHI: In a bid to boost liquidity for real estate investment trusts (REIT), Sebi is set to hold discussions with stakeholders to include them in market indices, chairman Tuhin Kanta Pandey said here on Friday. The markets regulator is evaluating more measures to promote ease of doing business for REITs and InvITs (infrastructure investment…

In a landmark move set to reshape India’s labour landscape, govt notified the implementation of all four labour codes, bringing into effect one of the most ambitious labour reforms in the country’s post-independence history. The rollout marks the realisation of “One India, One Law”- a unified labour framework that replaces a century of fragmented statutes…

NEW DELHI: India Inc will have to significantly alter the way it does business — from reworking salary and allowances of employees to comply with the new provisions to health check-ups for all staff members above 40 years and providing gratuity to all fixed term employees after one year of continuous service — but they…