Labour codes and nomination processes: What employees need to know about securing their benefits

Labour codes and nomination processes: What employees need to know about securing their benefits

Nomination determines the individual entitled to receive statutory dues and benefits in the event of unforeseen circumstances. (AI image) As India moves towards implementing the four labour codes, pursuant to the notification of the final central rules on 8 May 2026, much of the attention has been on wages, working hours and social security. However,…

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LIC reviews Rs 60,000 crore real estate portfolio, may explore separate subsidiary

LIC reviews Rs 60,000 crore real estate portfolio, may explore separate subsidiary

Life Insurance Corporation of India (LIC) is reviewing its vast real estate portfolio to improve returns and may explore setting up a separate subsidiary to manage the assets more efficiently, PTI reported.LIC’s real estate holdings, accumulated over nearly seven decades, are conservatively estimated at more than Rs 60,000 crore.“We have substantial real estate, both inherited…

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Setback for Indian mango exports! Why Japan has stopped imports of Kesar, Alphonso, Langra & other varieties from India

Setback for Indian mango exports! Why Japan has stopped imports of Kesar, Alphonso, Langra & other varieties from India

Exports of mangoes to Japan require a phytosanitary certificate issued by the Directorate of Plant Protection, Quarantine & Storage in Faridabad. (AI image) In a big setback for Indian mango exports, Japan has reportedly stopped importing fresh mangoes from India for the current season. The move has effectively disrupted shipments of Indian mango varieties widely…

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Banks are lenient with big borrowers, harsh with common people: Supreme Court slams SBI while refusing relief to defaulting company

Banks are lenient with big borrowers, harsh with common people: Supreme Court slams SBI while refusing relief to defaulting company

After hearing both sides, the Supreme Court made it clear that it was not impressed by the conduct of the borrowers. (AI image) In a significant order dealing with recovery proceedings under the SARFAESI Act, the Supreme Court of India refused to interfere with action initiated by the State Bank of India against a company…

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Rich families cut US dollar exposure as geopolitical tensions reshape investment strategy: UBS report

Rich families cut US dollar exposure as geopolitical tensions reshape investment strategy: UBS report

The world’s wealthiest families are reassessing their dependence on the US dollar amid rising geopolitical tensions and growing concerns over sovereign debt, Reuters reported citing UBS’s Global Family Office Report 2026.The survey by the Swiss bank found that nearly two-thirds of family offices expect confidence in the US dollar as a global reserve currency to…

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8th Pay Commission: What is 5-fitment formula that could hike salaries by 400%, how to calculate

8th Pay Commission: What is 5-fitment formula that could hike salaries by 400%, how to calculate

The 8th Pay Commission, expected to impact more than 1.1 crore beneficiaries including central government employees, pensioners and their families, is yet to submit its recommendations. Meanwhile, the Indian Railway Technical Supervisors’ Association (IRTSA) has proposed a five-fitment-factor formula for salary revision that, in some cases, could raise salaries by over 300-400%. The railway union…

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Gold, silver price prediction: Where are gold & silver prices headed in the near future? Check MCX Gold, MCX Silver price outlook

Gold, silver price prediction: Where are gold & silver prices headed in the near future? Check MCX Gold, MCX Silver price outlook

The 151,000 level is the one to keep on the radar heading into the week, it carries added technical significance as both a key support and the recent week’s low. (AI image) Gold and silver price prediction today: MCX Gold is showing a bearish bias and MCX Silver is consolidating this week, according to Abhilash…

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