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New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors

Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…

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Pressure on rupee persists: Currency slips past 90 per dollar, closes 22 paise lower amid dollar strength and FII outflows

The rupee slipped again below the psychologically important 90 level and settled 22 paise lower at 90.20 (provisional) against the US dollar on Friday, weighed down by disappointing domestic macroeconomic data and a stronger greenback in overseas markets, PTI reported.At the interbank foreign exchange, the rupee opened at 89.95 and moved between an intra-day low…

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Delhi government tightens heat wave action plan amid rising temperatures | India News

NEW DELHI: With temperatures soaring and heatwave conditions intensifying, Delhi Chief Minister Rekha Gupta on Sunday directed officials to strictly implement the Heat Wave Action Plan 2026 on the ground. Highlighting the growing severity of heat conditions, the Chief Minister pointed out a worrying trend: Delhi has seen temperatures exceeding 40°C for nearly 40 consecutive…

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Delhi excise policy case: How BJP & Congress reacted after Arvind Kejriwal gets relief from court | India News

NEW DELHI: Congress and BJP on Friday reacted sharply to the acquittal of former Delhi chief minister Arvind Kejriwal and former deputy chief minister Manish Sisodia in the Delhi excise policy case. AAP’s on-and-off INDIA bloc ally Congress, however, expressed resentment over the leaders’ discharge alleging that the ruling BJP is a “Icchadhari Naag” who…

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