Business

ESIC expansion drive: SPREE scheme revived to widen ESI net; one-time amnesty aims to cut litigation, boost compliance

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The Employees’ State Insurance Corporation has relaunched the SPREE scheme until December 2025, aiming to broaden its reach to unregistered employers and workers. Complementing this, ...

Jobs push needs skilling: Economic policy think-tank NCAER urges investment in training, says 13% job gain possible by 2030

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A new NCAER paper suggests India can significantly boost employment in labor-intensive sectors by 2030 through targeted investments in formal skilling. Increasing the skilled workforce ...

Before the clock runs out: India, US race to seal trade deal before Donald Trump’s tariffs kick in; top things to expect

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The US and India are nearing a “mini-deal” trade agreement, aiming to meet President Trump’s July deadline. Negotiations face hurdles regarding agricultural access and GMO ...

Rupee recovers ground, rises 24 paise to 85.48 against dollar, FII inflows and equity gains support rally

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The rupee strengthened to 85.48 against the US dollar, gaining 24 paise, fueled by robust foreign fund inflows and positive domestic equity market performance. The ...

Power stock: Adani Power rallies 14% this week as volumes spike, technicals stay bullish

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Adani Power shares surged nearly 14% this week, hitting Rs 605 on Friday, driven by robust trading volumes and a bullish technical setup. Despite a ...

India’s thermal coal intake from Russia hits 2-year high: Report

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India’s thermal coal imports from Russia surged 52% in May 2025, reaching a two-year high due to competitive pricing and higher-grade coal. While Russian coal ...

Gold shines bright! Several life insurers want IRDAI to allow gold ETF investments; 30% returns in 12-months

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Life insurance companies are seeking regulatory approval from Irdai to invest a portion of their ULIP assets in gold ETFs, driven by rising gold prices ...

Govt to ramp up rare earth magnet manufacturing to counter China’s export curbs

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India is intensifying domestic rare earth magnet production amid China’s export restrictions, impacting sectors like automobiles and electronics. The government, industry, and academia are collaborating ...

NBFC IPOs in focus: Non-bank lenders to rush initial public offerings; could raise above Rs 30,000 crore

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Non-bank financial institutions are poised to accelerate their IPO plans, driven by favorable regulatory changes, reduced interest rates, and improving credit cycles. Several NBFCs, having ...

Crude oil price to slump? Prices set for biggest weekly drop since March 2023; supply risk premium from Israel-Iran conflict fades

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Oil prices are set for their largest weekly decline since March 2023 as concerns about supply disruptions from the Iran-Israel conflict have diminished. Despite a ...