If those rendered unemployed are to be given the NREG equivalent of Rs 60 per day for say, 300 days in a year, it works out to an annual payment of Rs 18,000. For every lakh persons rendered unemployed for the full year, this means an outflow of Rs 180 crore. Bring in the actuarial probability of this happening in each industry, divide the premium over the large work force, and the scheme could even be self-financing.
Former off-spinner Ravichandran Ashwin defended under-fire India head coach Gautam Gambhir after the 0-2 home Test series loss to South Africa.
"The textile industry is dying and requires increased help from banks," Ram Krishna Mundra of Mahendra Tora Pvt Ltd said on November 26. Power loom owners and weavers have been hit hard during the recent times. "The textile industry should be given an electricity duty subsidy to overcome the current crisis," he demanded. Vimal Ambani, president-Gujarat chapter, CII, said a unified national tax structure was needed to strengthen the industry.
Shubman Gill has been guilty of taking too much load on himself since his T20 comeback and the Indian team wants him to bat as freely as he does in the IPL, said assistant coach Ryan ten Doeschate.
Starc also pointed out that the wicket did not assist pacers that much with the new ball and expressed concerns over Nathan Lyon's injury on the final day of the Test and the setback to Hazlewood.
India have slumped to 142 in the FIFA rankings -- their lowest in nearly a decade.
Though the 41-year-old scored against Maldives in an international friendly, the country's all-time highest goal-scorer failed to find the back of the net in subsequent competitive fixtures for the Blue Tigers.
A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.
India's batting coach Sitanshu Kotak is livid with the criticism that has been directed towards head coach Gautam Gambhir after India's defeat to South Africa in the opening Test.
The sales and ground handling agents of Air Sahara are up in arms against the management of Jet Airways
rediffGURU Mayank Kumar, co-founder and managing director, upGrad, explains how you can skill yourself for an AI-inspired job market.
'The Indian consumer is moving so quickly and they have so many options.'
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
'10 million Indians are currently living with dementia, and the number is expected to double by 2036.'
Harmanpreet Kaur and her team's maiden World Cup title is not just a turning point for cricket in the country but a watershed moment for Indian sports, feels women's head coach Amol Muzumdar.
Steve Smith cut a relaxed figure when he named the Australia team for the opening clash in his ninth and possibly final Ashes series on Thursday.
EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan
'I am really pleased with the performance. Almost a perfect game for us. The pacers did the job (but) only the last over went wrong for us.'
India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.
Initially, the lure of a big paycheck may feel rewarding. But, over time, professionals find themselves drifting away from family, friends and personal joys, observes Pradeep Pramanik.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
Ranjitha had taken the first available ticket to return abroad, boarding the flight from Chennai to Ahmedabad.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
Lakshya, the 2021 World Championships bronze medallist, eased past compatriot S Subramanian 21-14, 21-11, while Rakshitha overcame Shriyanshi Valishetty 19-21, 21-8, 21-13 in another all-Indian contest that clocked 58 minutes.
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.
India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.
'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'
Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
'It was very clear in the Parliament election that there was an erosion of Hindu votes in southern Kerala from the CPI-M to the BJP.'
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
If the Thackerays don't save a Marathi school in their backyard, who will, wonders Syed Firdaus Ashraf.
'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.
Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.
After bowling out SA A for 309, overnight 299/9, in the first session, India succumbed to their own waywardness, and the relentlessness of off-spinner Prenelan Subrayen (5/61), to concede an innings lead of 75.
Lyon thump Maccabi Tel Aviv to go top, Forest keep on winning
The government's estimate that 300,000 to 500,000 people will lose their jobs -- is well below the projections of industry lobby groups, which put the number at around 1 million. The textiles and garments industry is the second-largest employer in India after agriculture. It directly employs 35 million people and indirectly provides livelihood to about 88 million people.
'I try to convince myself to stay calm, do my work and not let his behaviour get to me. Some days it works; most days, it doesn't.'
Among Sensex firms, Mahindra & Mahindra climbed 2.34 per cent, followed by Maruti which climbed 1.70 per cent. Power Grid, Reliance Industries, Bharti Airtel and Eternal also were also among the gainers. However, ITC, HCL Tech, Tata Consultancy Services, Tech Mahindra and Infosys were among the laggards.
