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labour ministry on Friday urged states to undertake labour reforms and expedite two-way integration of data for unorganised workers with the e-Shram portal for enabling easier access to central social protection and welfare schemes to them. Chairing the second regional meeting with states in Chandigarh, Shobha Karandlaje, minister of state for labour and employment, highlighted the critical need for labour reforms to make India the world’s largest economy by 2047, the ministry said in a statement issued after the meeting. “Our nation should transcend the colonial legacy in the existing labour laws which have originated in the pre-independence era. Therefore, the government has modernized, simplified and harmonized 29 labour laws into four Labour Codes,” she said.

Vistara Airlines announced on Friday that its Mumbai-Frankfurt flight that was diverted to Turkey due to security concerns has landed safely in Turkey. Sharing a post on X, Vistara wrote, «Flight UK27 from Mumbai to Frankfurt (BOM-FRA) has been diverted to Turkey (Erzurum airport) due to security reasons and has landed safely at 1905 hours. Please stay tuned for further updates.» This is a developing story.

South Africa’s justice minister has denied corruption allegations against her related to a mutual bank scandal in which thousands of retirees lost their life savings

Supreme Court on Friday refused to stay the implementation of Adani Goodhomes Pvt Ltd's resolution plan for debt-ridden Radius Estates & Developers Pvt Ltd, even as it sought response from the resolution professional and others on an appeal by Beacon Trusteeship Ltd, a dissenting financial creditor. Beacon claimed that it didn’t get a fair deal as the plan gave a 93% haircut to its claims. The Bench led by Justice Sanjiv Khanna said it will examine the question of dues payable to Beacon Trusteeship and posted the matter for further hearing in January.

The Dutch government is expanding export restrictions on machines that make advanced processor chips that can be used in weapons systems

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capital on Friday, according to the All India Sarafa Association. In the previous session, the precious metal of 99.9 per cent purity had ended at Rs 74,100 per 10 gram. The silver metal had ended higher at Rs 84,600 per kilogram in the previous session on Thursday.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Citing sources, ET Now reported that only a small number of FPIs will likely be impacted by SEBI's September 9 deadline on UBO norms. The report stated that non-compliant FPIs can continue beyond September 9 by paying a 5% penalty.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

sale of its corporate office, One Earth Property, may strengthen Suzlon Energy's core, domestic brokerage firm ICICI Securities raised its target price to Rs 80 from the earlier Rs 70, while retaining its 'add' rating Suzlon Energy has entered into an agreement to sell and lease back its prime real estate in Pune over the next 5 years at Rs 440 crore.

Nifty formed a bearish engulfing candle on the weekly chart as it ended Friday’s trading session on a negative note. The index plunged 293 points ahead of a key US jobs report, which could influence the Federal Reserve's decisions on the pace and magnitude of interest rate cuts. A long bear candle was formed on the daily chart, indicating a sharp downside reversal for the market. The cluster support of 25,000 has been broken decisively on the downside. This chart confirms a short-term top reversal pattern at 25,333 levels, said Nagaraj Shetti of HDFC Securities.

Kerala government on Friday announced disbursement of a two-month pension for over 60 lakh beneficiaries as an Onam gift. State Finance Minister K N Balagopal said that Rs 1,700 crore had been allocated for the purpose. «Around 62 lakh people will receive Rs 3,200 each for Onam. This is in addition to the one month's pension that is currently being given,» he said in a statement.

Tipster Abhishek Yadav has revealed potential pricing for the Vivo T3 Ultra. According to his leak, the smartphone could carry a starting price of ₹30,999 for the 8GB RAM + 128GB storage variant. Those looking for more storage may have the option of an 8GB RAM + 256GB storage model, which is rumored to be priced at ₹32,999.

₹71,319 per 10 grams on the MCX so far in 2024. The implications of rising gold prices on Titan Co Ltd are worth evaluating as the jewellery business is the company’s mainstay, contributing 88% of FY24 revenues. ICICI Securities has analysed the data for the past 10-15 years and has found that a secular rise in the price of gold brings more tailwinds (1% rise in gold price leads to 2% increase in earnings before interest and tax, or Ebit) than headwinds.

Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth USD 317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday. The Engineering, Procurement, Construction and Commissioning (EPCC) contract including design and supply of the 300 million litres per day mega desalination plant which would be developed on a greenfield site in the west coast of Kingdom of Saudi Arabia. The Saudi Water Authority, formally known as the Saline Water Conversion Corporation, is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia's Vision 2030. The project is expected to be completed in 30 months and the plant would operate Dual Media Filters followed by a two-pass Reverse Osmosis process and re-mineralisation to produce clean potable water.

₹80 lakh on Sebi, the National Stock Exchange of India (NSE), and the BSE on August 26 for illegally freezing the demat accounts of two people erroneously classified as promoters. The powers of the exchanges stem from Sebi circulars dated 30 November 2015 and 26 October 2016, which prescribe the standard operating procedures for how to deal with non-compliance of norms by listed companies. Legal experts said the promoters of a company might not necessarily be the people making decisions.

President Joe Biden plans to sign an executive order for federal grants that would prioritize projects with labor agreements, wage standards and benefits such as access to child care and apprenticeship programs

In this session, Jafer explained the importance of diversification across market caps — small-cap, mid-cap, and large-cap cryptocurrencies — and how this strategy helps build a resilient crypto portfolio. Here’s a detailed look at the cryptocurrencies discussed and why they’re worth watching.

will help investors gauge the extent of a rate cut at the Federal Reserve's meeting this month. The rupee settled at 83.9475 to the U.S. dollar, up from 83.9825 in the previous session. For the week, the rupee fell 0.1%.

India Middle East Europe Economic Corridor (IMEC) will strengthen maritime security and reduce New Delhi’s dependence on certain routes, commerce and industry minister Piyush Goyal said Friday. “I am sure the India Middle East Europe Economic Corridor will add to maritime security and reduce reliance on few routes that can become detrimental to maritime security and add faster and lower cost connectivity,” Goyal said at the India Mediterranean Business Conclave 2024 organised by the Confederation of Indian Industry (CII). Suggesting to setup a working group on tourism with the Mediterranean countries, he said that a collaboration between the countries of the Mediterranean region and India could provide a win-win situation for both.