11.6k cr pay day at PSU insurers, RBI

MUMBAI: Employees of public sector general insurers, RBI and Nabard will receive a collective Rs 11,640-crore payout after the Centre approved a retrospective wage, pension reset covering serving and select former staff.State-owned general insurers take the bulk: Rs 8,170 crore, followed by RBI at Rs 2,697 crore and Nabard at around Rs 773 crore, factoring…

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Harvard-backed faculty lawsuit wins on free speech, but protections for international students and scholars remain limited

Harvard-backed faculty lawsuit wins on free speech A US federal court has refused to extend nationwide speech protections for noncitizens, even after a Harvard-linked faculty group won a lawsuit accusing the Trump administration of using immigration policy to silence critics. Instead, the court has granted limited relief that applies only to specific members of academic…

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India-EU trade deal in 4 days: Textile minister

NEW DELHI: Textile minister Giriraj Singh Friday indicated that India and EU will announce a trade deal in the next four days and urged industry to diversify so that garment exports grow. Drawing comfort from trade numbers, he said: “Many believed that Indian exports will fall due to the tariff war. Industry was worried… Despite…

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