Maruti Suzuki India chairman R C Bhargava few days back had termed the labour unrest as 'political issue'.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
Healthcare services at AIIMS-Patna remain affected as resident doctors continue their strike against the alleged high-handedness of a local MLA. The strike stems from an incident where the MLA and his guards allegedly assaulted staff and brandished a firearm within the hospital premises.
The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.
Meanwhile, California Governor Gavin Newsom said Trump is "pulling a military dragnet" across Los Angeles.
India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.
Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.
At least 12 people died and 34 persons were injured in a pharma plant explosion in Sangareddy district of Telangana on Monday, State Minister Damodara Raja Narasimha said.
Two bodies were recovered from the Manuni Khad in Kangra district while around 15-20 workers stationed at a labour colony near the Indira Priyadarshini Hydroelectric project site were feared swept away following a surge in water level in the Khaniyara Manuni Khad.
The Telangana government has issued a circular allowing Muslim employees to leave offices an hour early during the holy month of Ramzan. The move has been criticized by the opposition Bharatiya Janata Party (BJP), which termed it "appeasement politics". The BJP questioned why similar measures are not extended during Hindu festivals. The ruling Congress party defended the decision, stating that such facilities are provided during various festivals and are not unique to Ramzan.
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.
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.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
"The US Labour Department has contributed $20 million to the INDUS project, the largest programme ever supported by the department outside the United States, which aims to ensure child labour elimination from hazardous industries in 21 districts," he said while inaugurating a seminar in Kolkata on Monday. Jardine said the districts selected for the project were spread across Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh and NCT Delhi.
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.
'What the US appears to be doing is to force India to be "the buyer of last resort", on whom their products can be dumped, 1.4 billion people have to eat something, so why not eat American corn?' 'What is exercising the Trump lot is the fact that most of the farms are in solidly Republican Midwestern states: Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin,' points out Rajeev Srinivasan.
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Chief negotiator of India and special secretary in the Department of Commerce, Rajesh Agrawal, will join the team on Wednesday.
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.
While two bodies were recovered on Wednesday, the death toll climbed to four on Thursday after the recovery of two more bodies from the Indira Priyadarshini Hydroelectric project site in Kangra district.
Air India Express on Thursday cancelled 85 flights or around 23 per cent of the total daily capacity as the disruptions due to the cabin crew shortage continue and said Air India will operate services on 20 of its routes to minimise inconvenience to passengers.
Joe Root's patient unbeaten 99 led England to 251-4 on an attritional and compelling first day of the third Test against India at Lord's on Thursday.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
It said Delhi is facing an unprecedented heatwave with temperatures hovering around 50 degrees Celsius in some parts for the first time in the city's history.
With no money or staff, here's how Batskhem Thabah, a teacher, transformed an abandoned village school in rainy Raibah into a lively place for learning.
Since the onset of monsoon on June 20 to date, rain-related incidents have claimed 23 lives in the state, according to the state emergency operation centre.
If the US' renewed closeness with Pakistan ends up strengthening Pakistan's military, it will clearly show that Washington no longer wants a strong India and could be ready to let China dominate Asia, notes Colonel Anil A Athale (retd).
Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant "illegal". Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.
United States President Donald Trump said a 'very big' trade deal is on cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries.
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.
rediffGURU Ashwini Dasgupta tells you how to deal with a colleague who brings a pet to work and distracts you.
'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'
'A person is supposed to do 40 to 42 hours of work a week.' 'If a person is working more that, it is exploitation.' 'And it is because of this exploitation that employees experience stress which affects their mental health.' 'Sometimes it even leads to ending their lives. It is very unfortunate.'
Apple iPhone maker Foxconn has informed the government that 25 per cent of its new hires are married women and its safety protocol, which requires all employees to avoid wearing metal irrespective of gender or religion, is not discriminatory, sources said. In an informal note shared with the government after reports suggested it is not hiring married women, Foxconn stated that such stipulations are not part of its policy and these claims may have been made by those individuals who were not hired, sources said.
With an urge to get employment, thousands of workers from across the country boarded trains to Lucknow to try their luck in the recruitment drive taking place in Lucknow, to work in war-torned Israel.
A man killed during a recent anti-Naxal operation in Madhya Pradesh's Mandla district was a tribal and not a Maoist, an official said on Saturday. The opposition Congress claimed he was innocent and demanded a high-level probe and a judicial inquiry into the incident.
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.
The Uttar Pradesh police on Thursday arrested five people, including a man who they claimed to be the personal secretary of former minister Swami Prasad Maurya, for allegedly duping unemployed youth on the pretext of giving them government jobs.
Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 16 for discussions with their US counterparts on the proposed bilateral trade agreement (BTA), an official said on Tuesday. Goyal is expected to hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit.
