With appraisal season around the corner, conversations about pay hikes, promotions and performance rewards are returning to office corridors as companies reassess compensation strategies.Companies are preparing to roll out an average salary hike of 9.1 per cent in 2026, signalling a shift towards skills-based pay structures rather than uniform annual increments, according to a report,…
Traffic jam in Delhi Mumbai expressway (Photo credit -PTI) More than one lakh motorists stranded during a massive traffic gridlock on the Mumbai-Pune Expressway earlier this month will receive toll refunds worth Rs 5.16 crore, after authorities decided to return charges deducted despite suspension orders.The disruption followed a gas tanker accident on February 3 on…
HYDERABAD: US-based insurance player The Hartford on Monday opened its first global technology centre in India, spread over 1.6 lakh sq ft at Hyderabad’s Financial District, and it is expected to scale up to nearly 1,200 employees over the next few years.The 200-year-old American insurer said the Hyderabad GCC will play a key role in…
The government has reduced duty benefits available to exporters under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme by 50 per cent with immediate effect, prompting industry bodies to urge a review of the decision, PTI reported.The Directorate General of Foreign Trade (DGFT) said the applicable RoDTEP rates will now be capped…
The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during…
Cryptocurrency Bitcoin slid on Monday, extending losses amid broader market unease and a pullback from risk-heavy assets. The world’s largest cryptocurrency fell around 2 per cent in volatile trading, at one point tumbling as much as 5 per cent to dip below US$65,000 before trimming part of the decline. The move pressured crypto-linked equities, with…
Gold rate today: Gold prices moved higher on Monday tracking firm trends in the domestic futures market as fresh buying and supportive global cues lifted bullion sentiment. The rise comes amid continued investor interest in safe-haven assets and steady international price support.On the Multi Commodity Exchange (MCX), gold futures for the April 2026 contract were…
DALLAS: The Transportation Security Administration said Sunday that its PreCheck program would remain operational despite an earlier announcement from the U.S. Department of Homeland Security that the airport security service was being suspended during the partial government shutdown. ” As staffing constraints arise, TSA will evaluate on a case-by-case basis and adjust operations accordingly,” the…
Three days after the US Supreme Court struck down President Donald Trump’s tariffs, the customs department has announced the date on which the duty collections will end. The US Customs and Border Protection (CBP) said that it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) from 12:01 a.m. EST (0501…
Morgan Stanley has an overweight rating on Reliance Industries (RIL) with the target price at Rs 1,803. Analysts said RIL has pivoted every decade in its nearly 48 years of listed history. Its vision to invest $110 billion in AI, related energy supply and the digital ecosystem over seven years is the next major shift…