'There is no immediate threat to the government, and they would prefer the growth agenda.'
The new definition under the Code of Wages, 2019, includes three components: basic pay, dearness allowance and retention payment.
His knock -- 67 off 45 balls with 3 fours and 5 sixes -- was a cocktail of composure and controlled aggression. It was also his 10th IPL half-century, a milestone that arrived just when the spotlight had begun to shift off him.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
Bank would exit from cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses.
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
IT giant Dell on Friday reported a 48 per cent decline in net income and said it could cut jobs in the Asia-Pacific region as its plans to save $4 billion to tide over the economic slowdown.
The result meant that defending champions Pakistan joined Bangladesh in being knocked out of the tournament after losing their opening two matches against New Zealand and India.
'The irony of this country is that the party in Opposition and the party in power both depend on Muslims.'
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
The journey of life will always come with its temptations; it is the ability to stick to your goal that will eventually lead you to success. A fascinating excerpt from Manish Vij's must-read book, Brick by Brick.
'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.'
A summary of Wednesday's Champions League first leg quarter-finals between Barcelona and Dortmund and Real Madrid, and Paris St Germain and Aston Villa.
Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.
'I have faced 18 hours of darkness daily all my life.'
Let's have a look at companies that have laid off most employees.
The temptation for larger-than-life superstardom is understandable but Varun Dhawan is still too much of a Baby to be a John, notes Sukanya Verma.
The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times amid the persisting European debt turmoil.
Former India head coach Ravi Shastri has picked India as the favourites in Sunday's Champions Trophy summit clash against New Zealand, but hastened to add that the advantage will be miniscule, given that the Black Caps are a formidable side.
"The initial plan was to dispose of the body parts in a secluded location, but the duo eventually decided to keep it inside a large blue drum, filling it with cement and sand," said SP Singh.
In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about 2,000 job cuts and longer working hours for its staff, among various options.
From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.
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.
About a third of India Inc may reduce its workforce by up to 20 per cent if the gloomy economic scenario persists during the year, a survey has said.
The Bigg Boss 18 grand finale saw its host Salman Khan reunite with his Andaz Apna Apna co-star Aamir Khan and recreate one of the many iconic scenes.
'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'
Telecom Italia is targeting to reduce the debt significantly over the period 2009-2011. It plans to reduce net debt to earnings before by interest, tax and depreciation and amortisation ratio to 2.3 at the end of 2011 from over 3 at present.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.
Bill Aitken came to India nearly 60 years ago. He never returned. An Indian citizen since 1972, he tells Rediff.com's Archana Masih how India changed his life forever.
Prime Minister Narendra Modi advocated for a global framework for artificial intelligence (AI) based on open source, emphasizing the need for trust, transparency, and the elimination of biases. Co-chairing the AI Action Summit with French President Emmanuel Macron, Modi highlighted the transformative potential of AI across various domains, including politics, economics, security, and society. He stressed the importance of democratizing technology, addressing concerns about cyber security and disinformation, and developing quality data sets free from biases. Modi also acknowledged the need for open-source AI ecosystems to foster trust and transparency, while emphasizing the importance of localized technology for effectiveness and usefulness. Recognizing the potential of AI to improve health, education, and agriculture, Modi proposed pooling resources and talent to leverage the technology for sustainable development goals. Addressing concerns about job displacement, he emphasized that while the nature of work may evolve, technology creates new opportunities. Modi highlighted India's leadership in AI adoption and data privacy solutions, emphasizing the nation's readiness to share its expertise and contribute to an AI future that benefits all.
China has toned down its rhetoric on fighting a trade or any other type of war with the US, saying that no such wars should be fought because they cannot be won. Foreign Ministry spokesman Lin Jian responded to US Secretary of Defence Pete Hegseth's remarks that his country doesn't seek a war with China, but will rebuild the military and prepare for war. However, on Tuesday, Lin had said that China is ready to fight till the end if the US wants a trade war or any other type of war. Hegseth said on Wednesday that the US is not actively seeking conflict with China, but is rebuilding its military and establishing deterrence.
On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.
'It would be difficult for us to run jails if it wasn't for murderers.'
Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.
The White House website had a new look with the bold banner headline 'America is back' seconds after Trump was sworn in as the 47th President of the United States on Monday.
The balance was so perfect in that moment, the irony so rich. Those who cheered on Elia Kazan were cheering on the one quality that made him such a singular artist: He was his own man and not susceptible to groupthink. Those who protested Kazan's presence were protesting that very quality: They were saying that he was too much of an outlier, a wolf in a radical's clothing. Sreehari Nair captures his Kodak moment at the Oscars.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
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