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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
The primary case for Jan Vishwas is high-wage job creation. Mass prosperity (we rank 128th in global per-capita GDP) did not accompany our remarkable achievement of mass democracy (30 lakh people win an election) because of a lack of land (every household could get half an acre and fit into Rajasthan and Maharashtra), labour (a third of our labour force toils in employed poverty) or capital (our equity+debt to GDP ratio equals sustainable global bench-marks). Our challenge is not jobs but wages, because the lack of Jan Vishwas breeds the 21st-century slavery of informal wage work and self-employment.
2.
The Ministry of Steel has just released the Draft National Steel Policy: Vision 2047 with several objectives. These include making Indian steel globally competitive and increasing steel ex-ports to 45 million tonnes (Mt). These are admirable objectives, but they do need clarity on what globally competitive means.
3.
Gross Goods and Services Tax (GST) collections grew at the quickest pace in more than four years in October to a six-month high of Rs 2.31 lakh crore, amid festive demand and a sharp jump in import revenue, data released Sunday showed.
4.
The Ministry of Labour and Employment on Friday notified the constitution of National Social Security Board (NSSB) for unorganised workers with 40 members and National Social Security Board for gig and platform workers with 22 members to design, monitor, and recommend welfare schemes to bridge the social security gap for gig and unorganised sector workers.
5.
Outward remittances from India under the Reserve Bank of India's (RBI) Liberalised Remittance Scheme (LRS) have crossed $20 billion during the first eight months of 2026.
Resident Indians remitted approximately $20.09 billion abroad during January-August 2026, compared with an estimated $19.08 billion in the corresponding period of 2025.
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