Economy

New Delhi: The Executive Committee of the EPF Central Board of Trustees at a meeting held here took up for discussion several important agenda items, including the progress in the implementation of the Centralized IT Enabled System (CITES), status of pension on higher wages and proposal for an Alternative Dispute Resolution (ADR) mechanism, according to

Jammu: The trial run on the Katra-Budgam railway track of Udhampur-Srinagar-Baramulla Rail Link (USBRL) was completed on Sunday as the 18-coach trial train started at 8 a.m. from Katra railway station towards Kashmir “The trial 18-coach train has reached Budgam now and this completes the final trial run on the USBRL”, officials of the railway

New Delhi: The Employees’ Provident Fund Organisation (EPFO) has introduced major changes to simplify key processes for its 7.6 crore subscribers by cutting down circuitous approvals that led to delays and inconvenience. Labour and Employment Minister Mansukh Mandaviya said the EPF members, who have linked their Universal Account Number with their Aadhaar number, can file

Seoul: Senior politicians and business leaders have departed for the United States to attend Donald Trump’s presidential inauguration ceremony, officials said on Sunday. With Trump set to return to the White House, questions have been raised over whether South Korea can push for high-level engagement with the incoming U.S. administration in the wake of President

Mumbai: India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects,” according to the RBI’s monthly bulletin for January. “There is a conducive quickening of high-frequency indicators of economic activity in the second half of 2024-25, bearing out the implicit pick-up in India’s

New Delhi: In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update. The IMF forecast comes after the World Bank projected India’s economy

Bengaluru: IT software major Wipro Ltd reported a 4.5 per cent sequential increase in consolidated net profit to Rs 3,354 crore for the October-December quarter of the current financial year compared to the preceding quarter. The company has declared an interim dividend of Rs 6 per share. The total revenue of the company remained flat

Mumbai: India’s domestic benchmark indices ended lower on Friday as selling was seen in the IT and Financial service sectors. Sensex ended at 76,619.33 down by 423.49 points or 0.55 per cent, and Nifty settled at 23,203.2, down by 108.60 points, or 0.47 per cent. The Nifty remained under bearish pressure for yet another session.

New Delhi: India’s exports of agricultural and processed food products registered a robust 11 per cent growth to $17.77 billion during April-December of the current financial year compared to the same period of the previous year, according to official figures. Data compiled by the Directorate General of Commercial Intelligence and Statistics (DGCIS) shows that rice

New Delhi:  Prime Minster Narendra Modi on Friday recalled the contribution of legends Ratan Tata and Osamu Suzuki, saying that their legacy will continue to inspire the mobility sector. During late Ratan Tata’s tenure, the Tata Group acquired Jaguar Land Rover (JLR) and created the world’s most affordable car Nano, along with establishing a vast