New gratuity rules explained: How new labour codes will increase payout at various salary levels – check calculations

One major change under the new labour codes is the eligibility criteria for gratuity. (AI image) New labour codes 2025, gratuity rules explained: The new labour codes, effective November 21, 2025, have wide reaching implications for both employees and employers. Your salary, both take home and the Cost To Company (CTC), gratuity, provident fund will…

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Gold price today: Yellow metal slips; check 24K, 22K city-wise rates in Delhi, Mumbai, Kolkata and more

Gold prices slipped while silver futures gained on Thursday amid mixed global trends and weak US economic data, prompting cautious sentiment among investors.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 88, or 0.07 per cent, to Rs 1,30,374 per 10 grams in a business turnover of 13,122 lots.However, silver…

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Turbulent times: Airbus struggles with setbacks across fleet; Boeing stages comeback, exposes industry contrast

Airbus has been grappling with a fresh wave of setbacks, highlighting the mounting strain on its sprawling but fragile supply chain. The past week offered a stark reminder that the planemaker is not immune to the production troubles affecting the wider aviation industry, where supply shortages and labour gaps persist even years after the pandemic…

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Record indices, weak breadth: Nifty50, Sensex soar but broad market weak; most Nifty500 stocks below trend averages

Despite key indices Nifty 50 and Sensex hitting record highs recently, broad market optimism remains limited, with nearly half of NSE’s top 500 stocks still lagging a key technical benchmark. A study by Samco Securities shows that within the Nifty 500 universe, only 40 per cent of stocks are trading above their 50-day simple moving…

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Budget 2026: STMAI urges PLI scheme for seamless pipe exports; calls for higher customs duty

The Seamless Tube Manufacturers’ Association of India (STMAI) on Thursday urged the government to introduce a production-linked incentive (PLI) scheme covering at least 10 per cent of exports of their products, ahead of the Union Budget. STMAI President Shiv Kumar Singhal also urged stricter measures to curb illegal imports of seamless pipes, which are affecting…

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IndiGo crisis: CEO admits operational failures in letter to staff; asserts restoring punctuality is ‘immediate goal’

IndiGo CEO Pieter Elbers has written to employees acknowledging the severe disruptions that have hit the airline in recent days, conceding that IndiGo “could not live up to the promise” of providing a good travel experience to passengers. The carrier has seen more than 300 flight cancellations on Thursday alone, with scores of services delayed…

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Rupee rebounds: INR pulls back as RBI support, softer dollar offer relief; currency ends the day at 89.96 per USD

The rupee pulled back from its weakest-ever level on Thursday, ending the day at 89.96 against the US dollar, a gain of 19 paise, as a softer dollar index and reports of the Reserve Bank of India’s intervention helped steady the currency. Traders said the US dollar lost ground after ADP non-farm payroll numbers came…

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Putin’s India visit: Trade in focus as New Delhi looks to reduce deficit; exports of pharma, agriculture likely to get a push

File photo: PM Modi with Russian President Vladimir Putin (Picture credit: ANI) Russian President Vladimir Putin’s visit to India is likely to deliver a significant push to economic cooperation, with government sources indicating that New Delhi is looking to narrow its trade deficit and secure deeper market access for Indian goods.President Putin is arriving with…

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‘Cartel-like behaviour’: FIP issues letter flagging IndiGo’s ‘hiring freeze’; urges DGCA to act amid widespread flight cancellations

The Federation of Indian Pilots (FIP) issued a letter on Wednesday to the Directorate General of Civil Aviation (DGCA) alleging that IndiGo imposed a “hiring freeze” despite having a two-year window to prepare for the full rollout of new flight duty and rest period norms for cockpit crew.“Despite the two-year preparatory window before full FDTL…

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