India’s new labour codes, consolidating 29 complex central laws into four streamlined codes, represent a landmark reform in labour laws that govern the largest working population in the world. India’s new labour codes aim to modernise the legal framework, extend social security to a wider workforce, and ensure universal wage protection. (AI Image) These codes […]
The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig workers in the world’s fourth largest economy. India’s new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent […]
Volkswagen AG is slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter. Skoda Auto Volkswagen India Pvt. Ltd. has cut costs to about $700 million from $1 billion for a platform it is […]
India Sotheby’s International Realty has appointed Vinamra Shastri to its Board of Directors. In his new role, he will provide strategic direction across the company’s advisory, and Alternate Investment Fund (AIF) businesses, the company said in a statement on November 18. Delhi-based real estate consultant India Sotheby’s International Realty, which is primarily focused on the […]
DHL Supply Chain India Pvt Ltd has leased 4.17 lakh sq ft of warehouse space in Bhiwandi, near Mumbai, for over ₹32 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate market: DHL Supply Chain India Pvt Ltd has leased 4.17 lakh sq ft of warehouse space in Bhiwandi, near Mumbai, […]
Just three states accounted for 30% of all auto sales in India in July-September 2025, underscoring the demand trends in these geographies even before GST 2.0 reduced prices of scooters to SUVs. File photo of Maruti Suzuki cars inside a showroom. (HT) A total of 10.39 lakh cars and 55.62 lakh two-wheelers were sold in […]
NEW DELHI: The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country. Minister of Electronics and Information Technology Ashwini Vaishnaw said that early scepticism […]
India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while exports fell due to US tariffs on the world’s fourth largest economy. India’s exports fell 11.8% year-on-year to $34.38 billion in October, while imports stood at $76.06 billion, rising 16.6% […]
Mahindra & Mahindra Ltd. and Manulife have agreed to set up a life insurance joint venture in India, five years after they got together to sell mutual funds in the world’s fourth largest stock market. Mahindra Group CEO Anish Shah. Mahindra and Manulife have committed to invest ₹3,600 crore each in the life-insurance JV, with […]
India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts. Vegetable prices declined 27.57% after a 21.38% fall a month ago. (ANI) The consumer price index — a measure of India’s retail inflation — rose 0.25% from a year earlier, […]
