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Ola, Uber provide zero working conditions for gig workers: Report
Business

Ola, Uber provide zero working conditions for gig workers: Report

New Delhi, Oct 9: Ride-hailing companies Ola and Uber, along with logistics firm Porter, provide zero working conditions for gig workers, according to a report on Tuesday. The report by Bengaluru-based Fairwork India underscores labour standards within India's platform economy and emphasises the...
US jury claims Cognizant discriminated against non-Indian workers, firm to appeal
Business

US jury claims Cognizant discriminated against non-Indian workers, firm to...

San Francisco, Oct 8: A jury at a district court in the US has found that tech major Cognizant allegedly discriminated against non-Indian workers in the Silicon Valley, asking for punitive damages against the company. According to multiple reports, the jury verdict against Cognizant came in a class...
1.1 mn medium, heavy commercial vehicles older than 15 years to boost scrappage policy
Business

1.1 mn medium, heavy commercial vehicles older than 15 years to boost scrappage...

New Delhi, Oct 8: The government’s scrappage policy has a significant potential with nearly 1.1 million medium and heavy commercial vehicles now older than 15 years, a report showed on Tuesday. Rating agency ICRA projected an additional 5.7 lakh vehicles to cross the 15-year age threshold in the...
Sensex trades higher, led by gains in banks
Business

Sensex trades higher, led by gains in banks

Mumbai, Oct 8: India equity indices were trading in the green on Tuesday with gains in shares of UltraTech Cement, NTPC and L&T in BSE's benchmark. At 9.59 a.m., Sensex was up 258 points or 0.32 per cent at 81,308 and Nifty was up 58.20 points or 0.23 per cent at 24,853.In the Sensex pack,...
Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds
Business

Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds

New Delhi, Oct 7: Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore about $234 million cyber theft in July as millions of users still wait for their money in digital assets to be refunded, is now facing scrutiny from top government agencies in the country. According to reports,...
New India-UAE bilateral treaty to ensure continuity of investment protection: Centre
Business

New India-UAE bilateral treaty to ensure continuity of investment protection:...

New Delhi, Oct 7: The enforcement of the new Bilateral Investment Treaty (BIT) between India and the United Arab Emirates will give continuity of investment protection to people from both the countries, the government said on Monday. The earlier Bilateral Investment Promotion and Protection...
Sensex trades higher amid positive global cues
Business

Sensex trades higher amid positive global cues

Mumbai, Oct 7: Indian equity indices opened in the green on Monday following global cues from the US and Asian markets. At 9.51 a.m., Sensex was up 193 points or 0.24 per cent at 81,882 and Nifty was up 36 points or 0.15 per cent at 25,051. However, the market trend remained negative. On the...
Leverage India’s unmatched scale: Piyush Goyal tells US companies
Business

Leverage India’s unmatched scale: Piyush Goyal tells US companies

New Delhi, Oct 2: Union Commerce Minister Piyush Goyal has invited American companies to leverage India’s unmatched scale and take advantage of the ‘Make in India’ initiative, particularly in high-tech manufacturing and quality production. Minister Goyal, who began his four-day visit to the US this...
French PM outlines policies on national priorities
Business

French PM outlines policies on national priorities

Paris, Oct 2: French Prime Minister Michel Barnier delivered a comprehensive one-and-a-half-hour speech in the National Assembly, detailing his government's key priorities including public deficit reduction, immigration reform, and retirement policies. Barnier set an ambitious target for France's...
Revolutionary shift: FM Sitharaman hails rise in credit driven consumption in rural India
Business

Revolutionary shift: FM Sitharaman hails rise in credit driven consumption in...

New Delhi, Oct 2: Finance Minister Nirmala Sitharaman has lauded the meteoric rise in credit driven consumption in small cities and towns, calling it a “revolutionary shift” that has been made possible due to the Pradhan Mantri Jan Dhan Yojana (PMJDY). A definitive surge has been reported in...
India’s diamond imports drop 54 pc in August, country remains global dominant player
Business

India’s diamond imports drop 54 pc in August, country remains global dominant...

New Delhi, Oct 1: India’s diamond imports saw a 54 per cent decline in August compared to the same month last year, as the country remains a dominant player in the global diamond industry, responsible for producing 95 per cent of the world’s polished diamonds, a report showed on Tuesday. As per...
Uzbek President highlights priorities for expanding partnership with World Bank
Business

Uzbek President highlights priorities for expanding partnership with World Bank

Tashkent, Oct 1: Uzbek President Shavkat Mirziyoyev met with Antonella Bassani, Vice President of the Europe and Central Asia Region at the World Bank, highlighting the priorities for expanding partnership, the President's press service reported. The report discussed issues regarding the further...
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