India steps up FTA push: New Delhi actively negotiating trade pacts with US, EU, says Goyal; set to resume talks with Canada

India is currently negotiating free trade agreements (FTAs) with a wide range of partners, including the United States and the European Union, Commerce and Industry Minister Piyush Goyal said on Friday. He said New Delhi is working closely with “trusted partners” to strengthen economic ties at a time when global trade faces rising geopolitical and…

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8th Pay Commission: Railways to trim costs to accommodate higher wages; maintenance, procurement, energy sectors in focus

Railways is implementing focused cost-cutting initiatives across maintenance, procurement and energy sectors to fortify its financial position before dealing with increased wage expenses anticipated from the Eighth Pay Commission recommendations.Established in January 2024, the Eighth Pay Commission must submit its recommendations within an 18-month timeframe.The previous Seventh Pay Commission led to wage increases of 14-26%…

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Saudi Arabia cost of living: Riyadh or Jeddah, which KSA city is easier on your wallet?

Is Saudi Arabia Still Affordable? New Data Reveals a Changing Cost-of-Living Story As Saudi Arabia accelerates its economic transformation under Vision 2030, the everyday financial landscape for residents, both citizens and expatriates, is changing rapidly. From housing to groceries, consumer prices are evolving against a backdrop of modest inflation, residential property pressures and shifting wage…

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Gold price today: Yellow metal shines; check 24K, 22K city-wise rates in Delhi, Mumbai, Chennai & more

Gold and silver prices rose in futures trade on Friday, supported by firm global cues and increased investor expectations that the US Federal Reserve may deliver a rate cut next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery gained Rs 596, or 0.47%, to Rs 1,26,100 per 10 grams in a turnover…

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China’s smaller manufacturers look to catch the automation wave

In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world’s manufacturing powerhouse.China is already the world’s largest market for industrial robots, and the government is pouring billions of dollars into…

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