Indian workers are putting in fewer hours weekly compared to pre-pandemic levels, with self-employed individuals seeing the steepest decline. This trend, alongside modest real earnings growth, suggests lower aggregate demand and a recovery driven by a select few. Women’s increased labor force participation, particularly in rural agriculture, indicates distress-led employment. NEW DELHI: Indian workers put…
NEW DELHI: Congress on Monday said that its Tamil Nadu president K Selvaperunthagai was “unlawfully” confined by the Income Tax department, accusing the central agency of preventing him from carrying out his political duties ahead of Rahul Gandhi’s campaign in the poll-bound state.In a social media post on X, Congress termed the searches a “blatant…
MUMBAI: Tata Trusts is moving the charity commissioner to dismantle a century-old provision barring non-Zoroastrians from serving as trustees of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution.The decision was taken at the board meeting held last Friday. Tata Trusts said the trustees decided to seek alteration of restrictive clauses governing trustee eligibility “to correct…
MUMBAI : Multiple reports show that bankers are bracing for slower credit offtake in FY27 after a high base in FY26, with deposit mobilisation emerging as a constraint on margins.According to a survey by the Indian Banks Association and Ficci, lenders have entered FY27 with a constructive but more calibrated outlook, with nearly 71% of…
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China’s increased purchases of ethane also come ahead of a planned mid-May visit by Donald Trump to Beijing. (AI image) China, the world’s second largest economy, is facing supply disruptions due to the ongoing Middle East conflict. China is on track to bring in an unprecedented volume of US ethane this month, as petrochemical firms…
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NEW DELHI: The concept and nomenclature of Civil Lines, residential areas established by the British and long associated with their proximity to administrative power, may fade into history.As the Centre intensifies its efforts to replace remnants of colonial-era laws and practices with alternatives that are of Indian origin and reflect the country’s culture, the framework…
