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Congress on Wednesday reiterated its 'Shramik Nyay' guarantees on International Labour Day, and said its promise of Rs 400 per day national minimum wage is the real '400 paar'. Congress general secretary Jairam Ramesh listed the party's guarantees for labourers and alleged that the past 10 years have been of 'anyay kaal' for them. On the occasion of International Labour Day it is most appropriate to recall the 'Shramik Nyay' guarantees in the Congress Nyay Patra for the 2024 Lok Sabha elections, he said. Elaborating on the guarantees, Ramesh said the Congress has promised 'Shram ka Samman' (Dignity for Labour)' with Rs 400 per day national minimum wage, including for MGNREGA.

Retirement planning is vital for securing your financial future. It ensures that you can maintain your lifestyle and meet expenses during your golden years. As the years go by, retirement becomes an increasingly pressing reality for every working individual. The prospect of retirement brings forth a multitude of uncertainties, but with proper planning, one can ensure a financially secure and comfortable future. In today’s dynamic financial landscape, two essential tools stand out for retirement planning: Mutual Funds (MF) and Insurance. Mutual Funds, with their diverse investment options, offer a robust platform for building a retirement corpus. Through systematic investment plans (SIPs), individuals can invest small amounts regularly, benefitting from the power of compounding over time. Equity Mutual Funds, known for their potential for high returns over the long term, can be a cornerstone of retirement planning, albeit with a higher risk. For those seeking stability, Debt Mutual Funds provide a safer avenue with moderate returns. Furthermore, retirement-oriented Mutual Fund schemes like Retirement Funds or Pension Funds are specifically designed to align with long-term retirement goals. These funds often dynamically adjust asset allocation over time, gradually shifting from high-risk to low-risk investments as retirement approaches, ensuring capital preservation.

Also read: US Fed meet begins today: What to expect amid sticky inflation? Top experts share their views According to data released by the Labor Department's Bureau of Labor Statistics on April 10th, the US consumer price index (CPI) increased by 0.4 percent month-on-month (MoM) and 3.5 percent year-on-year (YoY), surpassing Street expectations of 0.3 percent MoM and 3.4 percent YoY. Indian investors also will be closely watching how the Fed addresses the dilemma of balancing growth and inflation.

MUMBAI : Mumbai: Minority shareholders of ICICI Securities Ltd are questioning the rationale and intent of mutual funds that bought shares of the brokerage firm in February at a premium only to vote in favour of delisting the company shortly after. By buying the shares at a premium, and then voting for the delisting to get ICICI Bank shares in exchange, the funds hurt the interests of their unit holders, say the minority shareholders.

Godrej Group, which has both the listed and unlisted entities, decided to split the conglomerate and operate as two entities — Godrej Enterprises and Godrej Industries. The conglomerate operates across aerospace, aviation, defence and liquid engines among others. The realignment will be implemented after the relevant regulatory approvals have been obtained, after which the two companies will continue to use the Godrej brand.

Mumbai, Seclore, the leading provider of data-centric security solutions, announced it is the recipient of the official certification as a Great Place To Work® for the fifth year in a row. The Great Place To Work® Certification recognises Seclore’s commitment to the fundamental company values called “SPICE", which stands for spreading positivity, passion for people, integrity, customer focus, and entrepreneurial spirit.

Gold rate today: Ahead of the US Fed meeting outcome, gold prices across work have come under pressure. On the Multi Commodity Exchange (MCX), gold rates for the June 2024 expiry ended yesterday at ₹70,466 per 10 gm level, around ₹3,500 below its lifetime high of ₹73,958 level, which it had climbed on 12th April 2024.

₹10,000 from ₹1 lakh at present, which is believed to enhance the participation of retail investors in the debt market. “Companies can now issue bonds with face value of ₹10,000. This is a great move that can help attract retail participation in the bonds.

Supreme Court order of 2012, which ruled that frequencies had to be auctioned as they were a national resource, a senior official said. “We just wanted to keep the court informed. That purpose is served. There was no prayer to change the judgement,” the official said. The Supreme Court registrar last week didn’t accept the government’s plea for allowing the administrative allocation of spectrum in some special cases.

Narayanpur and Kanker districts of Chhattisgarh fought off not just Naxalites, but also a wild bear that attacked him. Constable Mangal Mandavi sustained bite injuries on his leg in the face-off with the wild animal, police said. He was shifted to Narayanpur in a helicopter on Wednesday morning and admitted to the district hospital, they said, adding that his condition is normal. Ten Naxalites, including three women, were killed in the encounter that occurred in the forest between Tekmeta and Kakur villages in Abhujmad area, a Naxalite stronghold, on Tuesday when a joint team of the STF and the District Reserve Guard, both units of the state police, was out on an anti-Naxal operation.

South Korea has held talks about joining part of the AUKUS defence deal between the U.S., Britain and Australia, Defence Minister Shin Won-sik said on Wednesday, only weeks after the pact said it would consider including Japan. Formed in 2021, AUKUS is a two-stage security pact to counteract China's growing power in the Asia Pacific region. While a first stage to give Australia nuclear submarine technology is limited to the core trio, they have raised the possibility of other countries joining a second stage, or «Pillar 2», that aims to share other military technology.

Delhi NCR on Wednesday morning as bomb threats, conveyed via email, prompted evacuations and heightened security measures. Among the institutions targeted were Delhi Public School, Dwarka; Mother Mary School, Mayur Vihar; Sanskriti School; and Amity International School branches in Saket and Noida.

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year

Here is what we know so far:

southern China's Guangdong province on Wednesday, state media reported. State broadcaster CCTV said a stretch of road between Meizhou city and Dabu county in Guangdong province caved in at around 2:10 am (1810 GMT).

public offerings (IPOs) is set to be launched in May as companies, buoyed by market vibrancy, set aside concerns over heightened volatility historically associated with the general election season. Indegene, Aadhar Housing Finance, TBO Tek, Go Digit, Awfis Space Solutions, Kronox and others are expected to raise over ₹10,000 crore from public offerings this month, according to bankers. So far in 2024, 24 companies have raised about ₹18,000 crore from IPOs. The national polls are being held in phases until June 1. Carlyle-backed health tech firm Indegene has already announced its schedule for raising ₹1,842 crore and has fixed a price band of ₹430-452 per share. The IPO will open for public subscription on May 6. The issue comprises a fresh issue of ₹760 crore and an offer for sale (OFS) of 23.9 million shares.

Supreme Court registrar hasn't accepted the government's plea for allowing the administrative allocation of spectrum in some special cases, marking a setback for the Centre. The apex court had ruled that frequencies had to be auctioned as they were a national resource in the 2G spectrum allocation case in 2012. The registrar said the government was seeking a review of the 2012 order «in the guise» of seeking clarifications and said the move was «misconceived», adding that there was no «reasonable cause» for entertaining the plea and that too after a lengthy period of time. «I refuse to receive the present miscellaneous application (MA), as it does not disclose any reasonable cause for being entertained,» Pavanesh D, registrar, judicial listing, said in the order that ET has seen. «Accordingly, it is declined to be received under the provisions of Order XV Rule 5 of the Supreme Court Rules, 2013.»

revenue growth in parts of Europe and regional markets — the Middle East & Africa (MEA) and India and Asia Pacific (APAC) — outpacing that in the traditional stronghold of North America, which is experiencing flattening demand. Currently, for most IT services firms, the North American market contributes 50-60% to the total revenue, followed by Europe at around 30%. The regional markets still constitute a small portion of the total revenue pie.

Gurpatwant Singh Pannun, as per a PTI report. The remarks by US State Department Principal Deputy Spokesperson Vedant Patel came in response to claims made by The Washington Post, attributing unnamed sources, regarding a Research and Analysis Wing (RAW) officer's involvement in the alleged plot on American soil last year, it added.

Florida is on the verge of repealing what’s left of a 16-year-old law that puts climate change as a priority when making energy policy decisions

An insider trading trial has begun for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm was taking former President Donald Trump's media company public