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The Ministry of Labour and Employment is developing a unified workforce architecture to link databases across ministries and states. This initiative aims to enhance policy coherence, ensure worker benefit portability, and measure employment outcomes. The plan includes AI-driven analytics for predictive policy planning and skill forecasting, with a goal of universal social security for all workers.
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News and Media
Several states, including Kerala and Maharashtra, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power dues, unspent central funds, and off-budget borrowings, which states argue restrict their financial plans and legitimate borrowing space.
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News and Media
Israel's far-right Finance Minister Bezalel Smotrich said Thursday that Saudi Arabia should "keep riding camels" if it asks for a Palestinian state in exchange for normalising ties with Israel. "If Saudi Arabia tells us normalisation in exchange for a Palestinian state, friends, no thank you", Smotrich said at a conference in Israel.
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News and Media
Indian companies raised Rs 1.7 lakh crore via commercial papers in September, the highest since April, marking a 44% monthly jump despite higher yields. RBI data highlights a structural funding shift toward non-bank sources, with corporates increasingly tapping debt markets for working capital.
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News and Media
Oil prices jumped more than five percent Thursday after US President Donald Trump targeted Russia's key oil industry with new sanctions in a bid to end the war in Ukraine.
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News and Media
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