Daily Headlinez Top News Updates
NEW DELHI: The increase in minimum wages in states such as Uttar Pradesh and Haryana may result in several workers getting out of the provident fund net as the current wage ceiling for mandatory contribution to Employees Provident Fund Organisation is Rs 15,000 a month.Amid labour protests, the UP govt has increased the minimum wage…
NEW DELHI: India’s crude imports from Russia surged in March, with purchases at nearly Rs 5.3 billion (about $6.2 billion) compared with Rs 1.4 billion ($1.6 billion) the previous month, amid the military conflict in West Asia and closure of the Strait of Hormuz.In its latest analysis of Russian fossil fuel exports and sanctions, Centre…
NEW DELHI: India’s pharmaceutical industry must focus on both generics and innovative products, as well as develop products specially tailored for the country’s patient needs. Domestic companies particularly smaller to mid-sized players can carve out a strong role in rare diseases and niche patient segments, where agility and specialised research can drive meaningful breakthroughs, pharma…
Oil prices declined sharply on Tuesday as hopes of renewed talks between the US and Iran eased concerns over prolonged supply disruptions, even as underlying risks to global energy flows remained elevated. Brent crude futures fell $3.93, or 3.96%, to $95.43 a barrel, while US West Texas Intermediate (WTI) crude dropped $6.60, or 6.66%, to…
Gold prices traded higher in the domestic futures market on Tuesday, tracking firm global cues and improved sentiment amid easing dollar pressure and hopes of renewed geopolitical talks.On the Multi Commodity Exchange (MCX), gold futures for the June 2026 contract rose Rs 1,981, or 1.30%, to Rs 1,54,053 per 10 grams. The contract touched a…
Wall Street extended its gains on Tuesday, with investors stepping back into equities amid fresh signals that diplomatic efforts could ease tensions in the Middle East, even as corporate earnings remained in sharp focus.The Dow Jones Industrial Average rose 227.05 points, or 0.47%, to 48,445.30, while the S&P 500 gained 32.09 points, or 0.47%, to…
US wholesale prices rose sharply in March as the Iran war drove up energy costs, adding to inflation pressures and complicating the Federal Reserve’s policy outlook.Producer prices, which measure inflation at the wholesale level before it reaches consumers, rose 0.5% from February and 4% from March 2025, marking the biggest annual increase in more than…
NEW DELHI: On April 6, 2026, the President of India gave assent to the Insolvency and Bankruptcy Code (Amendment) Act, 2026–No. 6 of 2026–and the legislation was published in the Gazette of India. A decade after the original IBC was enacted in 2016, Parliament has approved what practitioners call the most comprehensive rewrite of the…
Japanese auto major Nissan on Tuesday said the company is open to explore “options” and may look to work with compatriot Honda for a stronger play in India as the two companies work on strategies to strengthen operations in one of the world’s most high-potential car markets. The statement comes even as the company still…
The Uttar Pradesh government on Tuesday approved an interim hike of around 21% in minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, following large-scale protests by thousands of factory workers in Noida. The fresh minimum wage structure introduced across worker categories, will be taking effect retrospectively from April 1. The agitation, which had…
