Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
D K Shivakumar, the Vokkaliga strongman and state Congress President, is set to be sworn in as the Chief Minister of Karnataka today at 4:05 pm at Lok Bhavan. The ceremony will also see some ministers taking oath, though the final list is awaiting approval from the Congress high command.
The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.
US-based IT firm Oracle has reportedly laid off approximately 12,000 employees in India, with further layoffs expected. The company cited organisational changes and streamlining of operations as reasons for the retrenchment.
West Bengal BJP president Samik Bhattacharya has expressed the state government's desire for the Tata Group to return to Singur, viewing it as an economic necessity and a signal that West Bengal is open for business. The move aims to reverse the negative perception created when the Nano project was forced out of the state.
Despite a 21 per cent minimum wage hike in parts of Uttar Pradesh, factory workers in India, particularly in states like Uttar Pradesh and Haryana, continue to experience wages below the national average and a widening disparity compared to supervisors and managers.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.
D K Shivakumar has been sworn in as the Chief Minister of Karnataka, with Governor Thaawarchand Gehlot administering the oath of office and secrecy. The ceremony also saw 13 other ministers, including a Deputy CM, taking their oaths, attended by prominent Congress leaders and religious figures.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.
From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.
Prime Minister Narendra Modi has urged Indian citizens to take precautions during the ongoing heatwave, emphasising hydration and care for vulnerable individuals and animals.
Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.
India's unemployment rate for individuals aged 15 and older increased to 5.1 per cent in March 2026, up from 4.9 per cent in February, primarily due to a rise in joblessness in urban areas, according to government data.
The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.
Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi for gifting 'Melody' toffees to Italian Premier Giorgia Meloni, calling it a 'gimmick' while India faces an 'economic storm'. He accused Modi of prioritising public relations over addressing the struggles of farmers, labourers, and youth, a sentiment echoed by other Congress leaders.
Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.
The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.
'The name Bharat Bhhagya Viddhaata was given by the prime minister in 2025.'
India's unemployment rate saw a marginal decrease in February 2026, according to the Periodic Labour Force Survey (PLFS). The survey highlights changes in urban and rural unemployment rates, as well as labour force participation and worker population ratios.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
Pakistan is reportedly considering replacing Shan Masood with Babar Azam as Test captain following a heavy defeat to Bangladesh. The Pakistan Cricket Board is under pressure to reinstate Azam.
While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.
Population Foundation of India welcomes the digitisation of the Census but emphasises the need for inclusivity, data security, and addressing the under-reporting of women's contributions.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.
Data reveals a disturbing trend of Indian worker deaths abroad, particularly in Gulf nations, alongside numerous complaints of exploitation and labour rights violations.
South Africa defeated India by 23 runs in the fifth T20I to win the series 4-1, with Laura Wolvaardt's unbeaten 92 leading the charge. India's batting lineup struggled, failing to chase a modest target of 156.
New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.
The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.
India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.
The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.
Rising living expenses, fear of contract hiring cast shadow on real gains.
In a remarkable achievement, a family from Haryana, India, now residing in the UK, celebrates as both the son, Tushar Kumar, and the mother, Parveen Rani, have been elected as mayors in their respective towns. Tushar has become the youngest Indian-origin mayor in the UK.
Mumbai Indians are struggling in the IPL due to the absence of Hardik Pandya and their inability to perform consistently, according to Corbin Bosch. Meanwhile, Punjab Kings remain focused on cricket despite social media distractions.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
Bihar Chief Minister Samrat Choudhary has announced an ex-gratia of Rs 12 lakh for the family of Pandav Kumar, a delivery worker from Bihar who was shot dead in Delhi. The compensation includes Rs 8 lakh from the Labour Resources Department and Rs 4 lakh from the Chief Minister's Relief Fund. The incident has sparked political debate in Bihar.
