NEW DELHI: For decades, a state’s growth was measured by relying only on the production approach, or by gauging what factories, farms, and services within its borders produced. That model is now set for an overhaul, as the statistics ministry unveiled a new manual to compute state GDP via expenditure approach — by tracking household…
BENGALURU/HUDERABAD: Even as the US govt suspended processing under the Permanent Labour Certification (PERM) programme for some Indian IT firms, potentially jeopardising eligible employees’ pathways to permanent residency, the sector’s stocks rallied on Friday, suggesting limited market concern amid declining dependence on H-1B visas.However, the suspension could create talent retention and hiring challenges. H-1B employees…
The court pointed out that she had been allowed to continue working until the age of 62 and had received all other retirement benefits admissible to her. You work several years in an educational institution and are denied gratuity on the grounds that you worked beyond the retirement age. What do you do? In one…
When the screen turns red, it is natural to wonder whether something has gone wrong at home. By Feroze AzeezAnyone who has seen their portfolio turn red for several days in a row knows how difficult it can be to resist the urge to act and to put an end to the discomfort. The usual…
An often-overlooked aspect of credit card payments is that their value is not limited to rewards. The author is CEO of PaisabazaarWhen it comes to choosing between UPI and credit cards, consumers should look at the overall value that they can derive from each payment method rather than the immediate cost of the transaction. While…
Madras High Court did not deny the sisters’ status as legal co-owners of their mother’s properties. (Image for representative purpose only) Making a Will properly to ensure that all the required legal formalities are followed can help prevent disputes over inheritance among your children. A recent judgment of the Madras High Court highlights this very…
Gold has staged a sharp recovery, but the Rs 1,51,500–Rs 1,51,700 zone is crucial for determining whether the rally can extend further. Gold price prediction today: Gold has staged a comeback, but the market still signals a sell on rise strategy near Rs 1,51,500–Rs 1,51,700, says Jateen Trivedi, VP Research Analyst – Commodity and Currency,…
Data for September 2026 show that Indian Railways has approximately 17,900 locomotives in its fleet. (File photo of Indian Railways train) Indian Railways seems to be running short of locomotives to run its passenger trains, prompting the national transporter to make use of locos for freight trains. A shortage of locomotives meant for passenger services…
The case concerned assessment year 2015-16 and the changes brought to the law governing reassessment notices from April 1, 2021. (Image for representative purpose) You don’t file your income tax return for an assessment year and some years after that the tax department sends you a notice over unexplained income for that AY. What happens…
With Brent crude prices spiking again to over $105 per barrel, US Treasury bond yields rising to a more than two-decade high and the rupee at close to 96.8/$, strong foreign fund selling pulled the markets sharply down on Thursday. Reliance Industries, HDFC Bank and Bharti Airtel led the slide as sensex lost 1,045 points…
