Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Experts say that if implemented, this could be one of the most significant expansions of India’s social security framework in recent decades. A Universal Provident Fund Scheme that includes workers in the unorganised sector, gig workers and the self-employed is in the works with an aim to provide retirement security to the population. In what…

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‘India-US trade deal will unleash animal spirits’: Economist Surjit Bhalla sees China benefitting if it doesn’t happen

India-Us Trade Deal: ‘We literally have the paper’: US says India trade deal could be signed in months

The report argues that the US has increasingly adopted a negotiation strategy built around uncertainty (Representative image) A long-awaited India-US trade agreement could be signed within the next three to four months, with negotiations between the two countries now virtually complete, a senior US official said on Wednesday.Speaking on the sidelines of the Asean Foreign…

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Running on rollovers: Pakistan's reserves get $27 billion foreign loans from Saudi, China

Running on rollovers: Pakistan’s reserves get $27 billion foreign loans from Saudi, China

Pakistan continued to lean towards foreign funding in the last fiscal year, with total inflows touching around $27 billion. Saudi Arabia and China continued to roll over billions of dollars in loans, according to a provisional report by the ministry of economic affairs. In the previous fiscal year, the country had borrowed approximately $26 billion,…

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Why did the stock market crash today? BSE Sensex ends over 700 points down, Nifty50 below 24,000; top reasons for fall

Why did the stock market crash today? BSE Sensex ends over 700 points down, Nifty50 below 24,000; top reasons for fall

Oil prices surged to a two-month high on Wednesday amid growing fears of additional supply disruptions. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday, losing over 1% in intraday trade. Investors turned risk-averse amid the escalating US-Iran conflict, renewed tariff threats from US President Donald…

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Donald Trump’s 200% tariffs on pharma: Why India’s generic medicines could still remain competitive

Donald Trump’s 200% tariffs on pharma: Why India’s generic medicines could still remain competitive

Trump said generic drug imports would remain exempt from tariffs for the next two years. Beginning in August 2028, they would attract a 100% tariff. (AP photo) In a blow to India’s pharmaceutical industry, the Donald Trump administration has announced up to 200% tariffs on generic drugs that will be applicable in the coming years.US…

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Stuck at ports: Why several fertiliser vessels are stranded at Indian ports during peak kharif sowing season

Stuck at ports: Why several fertiliser vessels are stranded at Indian ports during peak kharif sowing season

Congestion has affected several major ports, including Kandla, Mundra, Jawaharlal Nehru Port (Nhava Sheva) and Chennai. (AI image for representative purpose) Congestion at Indian ports has left several fertiliser-carrying vessels stranded, which has slowed the unloading and onward movement of these essential crop nutrients. This comes at a time when the kharif sowing season is…

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'Discussed trade, tariffs & critical minerals': Jaishankar meets Rubio in Manila

‘Discussed trade, tariffs & critical minerals’: Jaishankar meets Rubio in Manila

Jaishankar and Rubio in Manila External affairs minister S Jaishankar on Wednesday met US secretary of state Marco Rubio in Manila, with the two leaders holding wide-ranging discussions on trade, tariffs, energy, defence, critical minerals, artificial intelligence and regional security.The meeting took place on the sidelines of the Association of Southeast Asian Nations (Asean) foreign…

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Fresh threat to global oil supply: Saudi Arabia’s crude exports at risk as Yemen’s Houthis look to impose maritime blockade

New worry for oil market: Tankers carrying Saudi crude for India, China make a U-turn in Red Sea on Houthi threats

The Houthis control northern Yemen, including the coastline along the Bab el-Mandeb Strait at the southern entrance to the Red Sea. (Satellite image of Bab el-Mandeb by Reuters) Red Sea oil supply disruptions have begun! Three tankers carrying Saudi Arabia crude oil that were bound for China and India reversed course in the Red Sea…

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