Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
Local residents said a migrant labourer was injured in the incident, while a few houses in the area also sustained damage. Parts of the unidentified object were lying in the area, they said.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.
Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.
Lord Meghnad Desai, renowned British Indian economist and House of Lords peer, has died at the age of 85. Tributes pour in from political figures and colleagues.
The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.
Congress leader Rahul Gandhi has launched a 'Voter Adhikar Yatra' in Bihar to advocate for fair elections and protect voting rights, alleging irregularities in electoral rolls and accusing the BJP of attempting to disenfranchise voters.
The driver of the SUV that fatally struck Fauja Singh, the world's oldest marathoner, has been arrested. Amritpal Singh Dhillon, 26, was apprehended and his vehicle seized. The incident occurred on the Jalandhar-Pathankot highway in Punjab's Jalandhar district.
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
Amid rising tensions between India and Pakistan, the US has called on both countries "not to escalate" the conflict. Secretary of State Marco Rubio is expected to speak with the foreign ministers of Pakistan and India as early as today or tomorrow. The US State Department said Washington is reaching out to both India and Pakistan "regarding the Kashmir situation" and telling them "not to escalate the situation."
The National Commission for Protection of Child Rights with the Association of Voluntary Action, also known as Bachpan Bachao Andolan, led the crackdown at Som Distillery on Saturday, a release stated.
Commerce Minister Piyush Goyal assures Parliament that India will take necessary steps to protect its national interests following the US announcement of tariffs on Indian goods. The government is assessing the implications and engaging with stakeholders.
India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced to more than double the two-way commerce to $500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector bilateral trade agreement (BTA) by fall of 2025.
Labour reforms have been pending in India for long.
'People are taking effort to train and adapt to current skills.' 'If that is not there, they are not useful to us.' 'They have to adapt to new technology, and what is important is learnability.'
The Allahabad high court on March 12 directed the Archaeological Survey of India (ASI) to undertake and complete the whitewashing at the mosque within one week.
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.
About 57 per cent of Indian districts, home to 76 per cent of the country's population, are currently at high to very high risk from extreme heat.
Even as sectors across India embrace technological transformation, the construction side of the real estate industry continues to trail global trends. While technologies like Building Information Modelling (BIM), 3D printing, drone surveillance, and IoT-enabled smart building systems are increasingly common overseas, their adoption in Indian construction remains limited and largely experimental, developers said.
'If you don't fulfil whatever they ask, you are in trouble.'
Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.
India's services PMI marginally dipped to 58.4 in November while employment in the segment recorded robust growth, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index was down marginally to 58.4 from 58.5 in October as sales increased at a softer pace. Last month, the country's services PMI recovered from its 10-month low.
India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods, an official said. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9.
Khalid Jamil's rise can't exactly be termed as meteoric but the last eight years has been nothing less than extraordinary for the 48-year-old, who on Friday took over reins of the national men's football team.
'You've got to understand it is not easy to die by suicide.' 'People commit suicide only when they lose everything and find no other way to live.'
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
Images from Day 1 of the fifth Test between Australia and India at the Sydney Cricket Ground on Friday.
This is Modi's first visit to the country as prime minister and the first Indian bilateral visit at the prime ministerial level to Trinidad and Tobago since 1999.
A pilots' grouping of Tata group-owned Air India has approached the labour department to initiate conciliation proceedings with the airline's management to sort out various issues, including concerns over possible changes in service conditions of its members. The Indian Commercial Pilots Association (ICPA), which claims to represent around 900 pilots flying narrow-body planes of Air India, has written to the Chief Labour Commissioner (CLC) as well as Deputy CLC and Assistant Labour Commissioner in New Delhi earlier this week. Apart from service condition issues, the association has flagged that the airline's plans to hire captains for its A320 fleet on a fixed-term contract may result in an anomalous situation for the existing pilots at Air India.
As rescuers in India on Tuesday successfully pulled out all 41 construction workers trapped in a collapsed mountain tunnel in Uttarakhand after 16 days, the global media hailed the rescue operation and provided live coverage of the dramatic development.
Former Kerala Chief Minister and veteran CPI(M) leader V S Achuthanandan, a key figure in Kerala's political history, died on Monday at the age of 101. He was a founding member of the CPI(M) and served as Chief Minister from 2006 to 2011.
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the country's macroeconomic fundamentals are good. "India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by recovery in rural consumption, as there have been favourable harvests.
Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).
The Trinamool Congress on Friday accused the Bharatiya Janata Party of spreading lies and criminalising poverty over the detention of Bengali-speaking migrant workers in Odisha, while the saffron party charged the Mamata Banerjee dispensation with providing shelters to illegal immigrants.
Forty-one Border Road Organisation labourers working to clear snow near the high altitude border village of Mana in Uttarakhand's Chamoli district were trapped under an avalanche on Friday.
