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Indian Express
10 minutes ago
- Indian Express
Railway minister Ashwini Vaishnaw announces four Amrit Bharat trains for Bihar
Railway Minister Ashwini Vaishnaw Monday announced that four new Amrit Bharat trains, with non-AC sleeper and general class coaches only, will become operational in Bihar soon. 'It has been decided to run an Amrit Bharat Express train from Patna to Delhi daily… Along with this, from Darbhanga to Lucknow, a weekly Amrit Bharat Express will be operated. Another one from Malda to Lucknow, which will cover a portion of Bihar and Poorvanchal (Uttar Pradesh) and one more from Saharsa to Amritsar, via North Bihar, will be operational soon,' said Vaishnaw while addressing the media after visiting Karpoori Gram railway station, named after Bharat Ratna-awardee Karpoori Thakur, popularly known as Jan Nayak. Vaishnaw said Rs 10,000 crore has been sanctioned in this year's Union Budget for strengthening rail infrastructure in Bihar.
Mint
21 minutes ago
- Mint
Rubio Heads to Malaysia for Summit Under Shadow of Tariffs
(Bloomberg) -- Secretary of State Marco Rubio is set to make his first trip to Asia as the top US diplomat this week, heading to a regional summit in Malaysia a day after President Donald Trump threatened a new 25% tariff on the country and several others. Rubio flies to Kuala Lumpur, Malaysia, on Tuesday for a gathering of the Association of Southeast Asian Nations. While he'd prefer to keep the focus on security issues and competition with China, the trip will take place under the shadow of Trump's latest tariff gambit. On Monday, the president unveiled the first of several promised letters that threaten higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea — as well as Malaysia and Kazakhstan — beginning Aug. 1. Fellow Asean members Laos and Myanmar will see tariffs of 40% if Trump delivers on his threat. Trump had set July 9 for the expiration of a 90-day pause on higher trade levies. He initially rolled out reciprocal tariffs in early April, but the White House reversed course, froze those rates at 10% for three months, and opened negotiations amid tumbling markets and fears of a US recession. A senior State Department official told reporters Monday that the July 9 deadline will pass while Rubio is traveling to Malaysia, and said the department doesn't lead negotiations for bilateral deals. Still, the secretary will echo the White House's message on tariffs, the official said, defending the need to rebalance US trade relationships. Former trade negotiator Barbara Weisel said partners would focus on the meetings' formal agenda and separate their broader relationship from trade tensions. 'But privately, countries that are hit with tariffs over 10% almost certainly will raise their frustration and anger at the US,' said Weisel, now a scholar with the Carnegie Endowment for International Peace. Rubio 'is focused on reaffirming the United States' commitment to advancing a free, open, and secure Indo-Pacific region,' the State Department said in a statement before the latest tariffs were announced. Rubio will also likely face questions about Trump's threat Sunday to impose an additional 10% tariff on any country that aligns itself with what he called the 'anti-American policies' of the BRICS grouping of Brazil, Russia, India, China and South Africa. Indonesia became a full BRICS member in January, while Malaysia, Vietnam and Thailand joined as partner nations. China's Foreign Minister Wang Yi is expected at the Asean summit, as is Russian Foreign Minister Sergei Lavrov is confirmed. President Vladimir Putin's government, entrenched in the war in Ukraine, is deepening ties in Southeast Asia through energy and defense deals. For weeks, the administration has indicated its tariffs would revert to their higher April 2 levels for countries that failed to strike accords aimed at reducing US trade imbalances. Other nations will seek to follow the example of Asean member Vietnam, which last week reached a deal for a 20% tariff on its exports — compared with a 46% duty originally threatened — though goods deemed to be transshipped face a 40% rate — a provision largely aimed at China. US Treasury Secretary Scott Bessent has suggested that some countries lacking an agreement by the July 9 deadline would be able to negotiate until the tariffs are scheduled to kick in on Aug. 1. While the job of negotiating trade deals falls mainly to Bessent and others, Rubio is one of the first Trump cabinet members to travel to Asia. (Updates with additional details of visit, Trump's Brics threat.) More stories like this are available on
Economic Times
23 minutes ago
- Economic Times
Job seeker reveals the one question that has got them ghosted by the HR
Synopsis An Indian professional, returning home after years abroad, faces difficulty finding a job despite a strong background. Companies prioritize previous salary over skills, often making lowball offers based on outdated information. This practice, common in India, disregards international experience and benchmarks, leading to frustration for returning professionals. iStock Job seeker says refusing to answer about past CTC has led to recruiters ghosting them A professional who recently came back to India after spending several years working overseas is facing an unexpected and frustrating challenge: landing a new job. Despite holding a solid track record and four years of experience at a reputed financial organization abroad, the returnee is finding it difficult to secure meaningful employment their story on the subreddit Indian Workplace, the individual revealed that after applying to over a hundred job openings, only a handful—no more than five—actually responded. Even those limited interactions quickly turned uncomfortable. The very first question posed during these calls from recruiters was almost always about the candidate's previous salary, also known as CTC (Cost to Company). The jobseeker found this not only invasive but also inappropriate, particularly given the stark differences in currency value and salary standards between frustration deepened when the candidate chose transparency and disclosed their past earnings. Almost immediately after revealing the foreign pay figure, hiring managers would abruptly end communication, effectively ghosting the applicant. This pattern repeated itself enough times to become a source of serious concern and confusion. Seeking advice from others in similar situations, the professional asked how one should even respond to such inquiries when clearly the intent isn't to match qualifications but to lowball based on outdated or irrelevant salary users in the forum chimed in to validate the experience, with one pointing out that this approach is unfortunately widespread in the Indian corporate scene. While it may be considered unethical in places like North America or Europe—where employment laws often protect applicants from having to disclose salary history—in India, the lack of legal boundaries allows companies to continue this exploitative trend remarked on how absurd the offers could get, with some companies shamelessly proposing salaries as low as ₹1 lakh per annum, even for candidates with senior-level experience. One sarcastic comment mocked the system, citing a scenario where a former CTO was offered just Rs 4 lakh per year. Another contributor gave a hypothetical but all-too-common example: someone earning Rs 25 lakh annually abroad being told that due to a six-month employment gap, the company could now only offer Rs 3 final consensus among users was sobering: regardless of whether a candidate earned in euros or dollars, Indian employers often disregard international benchmarks. Instead of evaluating skills and experience on merit, they prefer anchoring offers to previous CTC figures—no matter how irrelevant or mismatched. When gearing up for a job interview, it's essential to have a clear strategy for answering questions related to your expected Cost to Company (CTC). According to a report by it's wise to go into the conversation prepared—not just by knowing your value, but also by learning about the organization's mission, offerings, future goals, and employee feedback. Often, when two candidates are equally qualified, a company may lean toward the one whose salary expectations align better with their represents the complete financial commitment an employer makes for an employee annually. This includes not only direct cash payments but also additional non-monetary benefits. CTC typically consists of three primary elements: the base salary, various allowances, and mandatory deductions. Generally, your base salary constitutes less than half—usually around 40%—of your total CTC. The remaining parts, which include perks and deductions, can differ based on the company's structure, internal policies, and organizational scale. Gaining a clear understanding of these segments helps you better navigate the salary discussion when the time standards usually follow a pattern, although they can vary slightly depending on the company's location, size, and industry. Utilize job portals and employment websites to review ongoing salary trends. When evaluating pay expectations, take into account factors such as your experience level, professional skills, work environment, potential job risks, travel obligations, and benefits provided by similar employers. Many recruitment agencies also publish salary benchmarks and industry-wise compensation reports—reviewing these can give you a realistic idea of what to expect and ask you've been shortlisted for an interview, it typically indicates that the company is open to offering a package equal to or better than your current one. If the recruiter asks you to state your expected CTC, it's better to provide a range instead of a rigid figure. This should be informed by your research and existing pay. Consider all salary components—like benefits and bonuses—included in your take-home income before proposing a range. For instance, if your findings reveal that the average compensation for your role is ₹6,00,000 per annum, you can comfortably ask for a slightly higher figure. Alternatively, increasing your current CTC by 15–20% to set your expected range is also reasonable. Quoting a range suggests flexibility and demonstrates your interest in continuing the hiring not uncommon for interviewers to bring up the CTC discussion early in the process—sometimes before any job details are discussed. If this happens, it's acceptable to delay your response diplomatically. You might say that you'd prefer to understand the job role, duties, and expectations more clearly before discussing compensation. You could also turn the conversation around by asking if they can share the salary bracket they've allocated for the most hiring scenarios, especially for entry-level and mid-tier roles, candidates go through multiple interview rounds—typically three. Senior and executive roles often involve even more rigorous and formal evaluation stages. The ideal time to disclose your expected CTC is usually during the second or third round, once there's a better mutual understanding of your qualifications, strengths, and the value you could bring to the familiar with each component of your compensation package empowers you during negotiations. You may ask for a better base salary or suggest alternatives if the company can't meet your proposed CTC. For instance, if their budget is tight, they might offer stock options or performance-based incentives instead of higher pay. It's also reasonable to negotiate for cash in lieu of non-cash benefits, especially if that suits your financial goals more effectively. ( Originally published on Jul 05, 2025 )
