The Modi government's rapid approval of labour law amendments by the Rajasthan Assembly and the Shramev Jayate Yojna proposals suggest a strong commitment to reform. But is this enough?

Sourish Mohan Mitra: Labour law pains and baby steps

Business Standard

The price of 22-carat gold also went down by Rs 10, with ten grams of the yellow metal selling at Rs 71,090

Gold, Gold Coin

Xi also highlighted China's aim to strengthen international cooperation, promote mutual understanding, and build a community with a shared future for humanity

Xi Jinping

Markets Today LIVE: Markets here are likely to remain cautious amid muted global trading on account of New Year's Day 2025 celebrations, as investors await third quarter results starting next week

Market, BSE, NSE, NIfty, Stock Market, investment

Panama on Tuesday celebrated the 25th anniversary of the US handover of the Panama Canal, which president-elect Donald Trump has threatened to take back.
The commemoration was made more poignant by the death on Sunday of former US President Jimmy Carter, who negotiated the 1999 handover deal.
On this, such a special day ... a mix of happiness for this 25th anniversary of having the canal in Panamanian hands, and the sadness we feel for the death of former president Jimmy Carter, said Panama's president, Jos Ral Mulino.
The ceremony included a moment of silence for Carter, who reached the handover deal with former Panamanian leader Omar Torrijos.
Speaking at the main anniversary celebration in Panama City, Mulino said the two men had the vision and nobility to take the road of justice."
Meanwhile, Trump is decrying increased fees Panama has imposed to use the waterway linking the Atlantic and Pacific oceans. He has said if things don't change after he takes office in late January,

Panama Canal

The Delhi Weather Centre has warned of worsening cold wave conditions from Wednesday, with wind speeds between 20 and 30 km/h likely to lower temperatures further

Delhi winters, cold wave

Stock Market Outlook 2025: Analysts believe India stock markets may continue to witness market consolidation, at least in the first half of 2025

Stock market

This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system

Rupee, Indian Rupee

Latest news updates: Catch all the major news updates from around the world

Happy new year, new year 2025

Shares of Waaree Technologies are locked in lower circuit for the fifth straight trading day, declining 5 per cent to hit Rs 482.15, its fresh 52-week low on the BSE in Tuesday's intra-day trade

Stock Market, Market, Crash, Funds, up, Stock, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.

ITC limited

Bumrah reached the milestone of 200 wickets in his 44th Test match. Overall, 31-year-old Bumrah is the 12th Indian bowler to reach 200 wickets in Test cricket

Jasprit Bumrah achieves another milestone in his stellar cricket career

Catch all the major news updates from around the globe here

Fire, Fire accident

Maharashtra Chief Minister Devendra Fadnavis has asked the police's Crime Investigation Department (CID) to confiscate properties of the accused in the murder case of Massajog sarpanch Santosh Deshmukh.
A Home department official on Saturday also said Fadnavis has asked the authorities to cancel the arms licenses of people whose pictures or videos showing them firing in the air or flaunting guns in public have circulated on social media.
Fadnavis, who took over as CM on December 5 following the BJP-led coalition's election victory and who holds the Home portfolio, is facing heat from the opposition over the brutal murder of the sarpanch in Beed district earlier this month.
The Maharashtra police's CID has taken over the probe into the murder case.
"Chief Minister Fadnavis has asked the CID to confiscate properties of the accused in the murder case," the official said.
Meanwhile, participants of a huge protest rally in Beed on Saturday, attended by MLAs and local leaders of opposit

Devendra Fadnavis

Tamil Nadu made sincere efforts in 2024 to realise its USD 1 trillion economy dream by 2030 as the ruling DMK government secured some big ticket investments and rolled out sector-specific policies, among others.
Measures regarding ease of doing business were also announced by the State government. The DMK government conducted its maiden Global Investors Meet (GIM) in 2024.
The year 2024 also witnessed the changing of hands at one of the city's iconic cement company, The India Cements Ltd. Billionaire Kumar Mangalam Birla promoted UltraTech Cement announced the acquisition of the decades old, city-headquartered company, promoted by noted industrialist N Srinivasan.
The GIM in January fetched the government Rs 6.64 lakh crore investment commitments by several companies that would generate 26 lakh new jobs in the state.
Some of the big ticket investments include Rs 16,000 crore by Vietnam-based VinFast to establish a manufacturing facility in southern Tuticorin district that would ...

MK Stalin, Stalin

Private telecom operators face twin challenges on investment recovery in the New Year  customers leaving their network after tariff hikes and satellite players mainly Elon Musk's Starlink eyeing a chunk of their bread and butter data business.
Private operators have invested around Rs 70,000 crore in telecom infrastructure and radiowave assets this year to expand the coverage of next-generation 5G services which is one of the main highlights of 2024 for the sector.
To recover investments and protect margins, private telcos resorted to tariff hikes in mid-year but that move backfired.
Around 2 crore subscribers dropped their connections. Reliance Jio, Bharti Airtel and Vodafone Idea jointly lost 2.6 crore customers due to a 10-26 per cent price hike.
Around 68 customers switched to state-run player BSNL which refrained from price hike. The loss-making PSU still offers generation-old 3G service and is on the path of rolling out 4G network across the country.
Despite subscriber loss,

Telecommunications

Kenya's cost-of-living crisis, to martial law in South Korea. Here's a look at major protests that erupted across the globe in 2024

Pro-Palestinian protests

Former US president Jimmy Carter had a personal connection with a Haryana village 'Daulatpur Nasirabad' where his mother had worked as a healthcare volunteer during the late 1960s

Jimmy Carter

India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent

growth gdp economy

India's financial sector, dominated by public sector banks in 1991, had been long repressed by rigid controls on interest rate

Manmohan Singh

Manmohan Singh showed that technocrats can change nations' destinies as effectively as any populist

Sourish Mohan Mitra

Sourish Mohan Mitra

Sourish Mohan Mitra

Sourish Mohan Mitra: Labour law pains and baby steps

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Gold falls Rs 10 to Rs 77,550, silver down Rs 100 at Rs 90,400 per kg

No one can ever stop China's reunification with Taiwan, says Xi Jinping

Stock Market LIVE Updates: GIFT Nifty signals lower open for India markets; Most global mkts closed

Panama marks 25 years of Canal handover as Trump wants to take it back

Delhi shivers on New Year's Day as frigid winds intensify cold wave

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Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

Business Standard wishes all its readers a very happy new year

This SME stock tanked 78% from record high after zooming 401% in 5 months

ITC demerger: Analysts upbeat on ITC share outlook; support seen at Rs 442