By Mike Watson HELSINKI: Finland is widely seen in Western Europe and the United States as a progressive paradise. In truth, its center-right-led coalition government in office since June 2023 has presided over far-reaching austerity measures, leading to rising homelessness and cuts in local health provisions. Yet there are...
NEW DELHI: Even as India’s challenge at the World Trade Organisation (WTO) against the US’ additional tariffs on steel and aluminium remains active, New Delhi has also initiated bilateral discussions on the matter, which is expected to be raised during a meeting next week, a senior official said. India...
NEW DELHI: Given the modest start of Unified Pension Scheme (UPS), the finance ministry has written to the pay & accounts offices (PAOs) of central ministries, urging them to take steps to expedite its roll-out. The finance ministry proposed that staff be sensitised to undertake their assigned roles and...
NEW DELHI: India’s energy storage sector is likely to attract Rs 4.79 lakh crore investment by 2032, industry body India Energy Storage Alliance (IESA) said on Sunday. At the 5th Edition of International Conference on Stationary Energy Storage India (SESI) 2025 concluded last week at Gandhinagar, in Gujarat, industry...
NEW DELHI: From coconuts and garlic to potatoes and onions, soaring fruit and vegetable prices in FY25 drove up household grocery bills, accounting for over half of last year’s food inflation, as extreme weather disrupted supplies. Vegetables alone contributed 43.7% to the food inflation basket in FY25, up from...
NEW DELHI: India’s private sector capital expenditure (capex) could take a backseat in the near future due to rising uncertainty around global tariffs, according to a recent report by Goldman Sachs. The report highlighted that as tariff rates are yet to be finalised and are likely to remain in...
TOKYO: In a significant development to enhance global employment opportunities for the youth of Telangana, Telangana Overseas Manpower Company Ltd (TOMCOM), a state-run organisation under the Department of Labour, Employment, Training and Factories, Government of Telangana, MoUs with two leading companies — TERN (TGUK Technologies Pvt Ltd.) and Raj...
NEW DELHI: The Government has extended the deadline to early next month for public comments on the proposed rules on Coal Trade Exchange that will facilitate the dry-fuel’s trading as a commodity. “Ministry of Coal had published the proposed draft legislations on Coal Trade Exchange for public consultation… Ministry...
NEW DELHI: A team of 30 scientists from India’s premier institute, the Indian Institute of Science (IISc), has submitted a proposal to the government to develop ‘angstrom-scale’ chips, far smaller than the smallest chips currently in production. The team has submitted the proposal to the government for developing technologies...
NEW DELHI: Markets regulator Securities and Exchange Board of India (SEBI) has said it found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) plant in Pune with only 2-3 labourers present when a National Stock Exchange (NSE) official visited the site. These revelations were part of markets regulator...
NEW DELHI: Foreign investors have infused nearly Rs 8,500 crore in the country’s equity markets last week, after a phase of heavy outflows earlier in the month, supported by renewed investor confidence, resilient domestic economy and relative insulation from global trade disruptions. During the holiday-truncated week ended April 18,...
By K Raveendran The Supreme Court’s interim order on the controversial Waqf Amendments Act has created an unusual equilibrium among opposing camps, hinting at a calculated balancing act rather than a decisive intervention. While the order does not represent a full-fledged stay on the implementation of the amendments, it...
By Dr. Gyan Pathak Informal employment in the total employment in India remains almost stagnant at around 90 per cent since 2014, according to a latest ILO report. It was worse in 2024 than the global average of 58 per cent, Asia Pacific average of 66 per cent, and...
By Anjan Roy As it is common among politicians facing serious economic issues, the government of the day heaps all reasons for economic ruin or downturn or a difficult situation on the heads of the central banks. Generally, the governments and finance ministers want their say in fixing interest...
By Arun Srivastava Prime Minister Narendra Modi and Home Minister Amit Shah are striving hard to find a consensus candidate as the NDA chief minister in Bihar. , but the Mahagathbandhan has struck a major psychological blow to Modi and Shah by creating a Coordination Committee headed by the...
By Subrata Majumder With Trump’s tariff war escalating woes to China, a new plank is established for India to be the hub for global supply chain. Caught in the crossfire of highest hike in tariff by 245 percent on import from China by Trump administration, China will lose its...
By Sushil Kutty Who won and who lost? The anti-waqf amendments lobby claims the government was forced to eat crow and give an undertaking to protect the status of notified and registered Waqf properties, including the all-important waqf-by-user properties. The government also had to promise not to appoint any...
By Tajul Islam Saudi Arabia’s recent sweeping crackdown on immigration violations and a sudden tightening of visa regulations, particularly targeting 14 nations including Bangladesh, signals more than just internal security enforcement. Behind these actions lies a mounting strain in Saudi-Bangladesh relations-now further exacerbated by the controversial arrest of Bangladeshi...