India Inc. is using a wider menu of benefits and allowances to shield employees’ take-home salaries from the impact of the new labour code, even as companies hand out muted…
Author: Admin
Stable cereal, pulse and vegetable prices offer relief amid West Asia war-driven inflation concerns
New Delhi: Prices of key cereals, pulses and vegetables have remained stable, providing relief to consumers and policymakers amid concerns that the West Asia war could push up India’s food…
A year after India’s deadliest crash in decades, Air India is still fixing its flaws
For Air India, the crash of Flight AI171, a Dreamliner, in June 2025 was more than a tragedy—it was a moment of reckoning. The disaster, India’s deadliest aviation accident in…
The Fed must stick to its 2% inflation target. It won’t be easy.
U.S. inflation has exceeded the Federal Reserve’s 2% annual target for more than five years and did so again in May, rising 4.2% on an annual basis, as measured by…
What you must know when gifting money to your child in the US
I want to utilize my LRS limits to gift money to my daughter in the US. What are the tax and reporting implications I should be aware of? —Name withheld…
Shareholder challenge to Thomson Reuters over ICE contracts wins only slim support
By Ross Kerber June 10 (Reuters) – A shareholder resolution calling on content and technology company Thomson Reuters to review the human rights implications of its work with U.S. immigration…
SpaceX Leaves Some Banks Peeved at Junior Roles in IPO Lineup
(Bloomberg) — Several junior banks marketing shares in SpaceX’s landmark listing are working for relatively small fees and being relegated to roles that don’t come with any credit, according to…
RBI issues draft CCR framework aligned with global standards
Mumbai: Reserve Bank of India (RBI) has issued draft guidelines for computing banks’ (CCR) from derivative transactions and for bank exposures to central counterparties to bring it in line with…
Not transferring your PF when switching jobs could cost you tax-free withdrawal benefits — Here’s why
Switching jobs often means getting a new EPF account linked to your new employer but you should not overlook an important step which is transferring the balance from your old…
ULCCS arm U-Sphere enters Karnataka, plans ₹1,000-crore investment
U-Sphere, the construction arm of Kerala-based labour cooperative ULCCS, is entering Karnataka with plans to invest ₹1,000 crore over the next three years. The company, which is making its first…