India's IT services heavyweights delivered between 14-20 per cent on-year growth in topline for December quarter, as they raised guard on global uncertainties and choppy verticals, but remained hopeful that costs as well as business considerations will drive tech demand. The tech earnings season began with large IT companies -- Tata Consultancy Services (TCS), Infosys, [...]
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has written to the Delhi Government seeking removal of rules that allegedly discriminate against Indian-made products and promote imports in the forthcoming excise policy for 2023-24. Suggesting measures for the incorporation in the forthcoming excise policy for the next financial year, the representative body of the Indian [...]
Ahead of the Union Budget, Finance Minister Nirmala Sitharaman said on Sunday that she was aware of the pressures of the middle class but also recalled that the present government has not imposed any fresh taxes on them. Sitharaman will present Union Budget for 2023-24 in the Lok Sabha on February 1 amid expectations that [...]
To expedite the redevelopment of the mill land, the National Textile Corporation (NTC) has formed a committee to study and suggest ways for rehabilitating the people living in the premises of nine of its defunct mills in the central areas of the megapolis, Union industry and commerce minister Piyush Goyal said on Sunday. The city [...]
The United Forum of Bank Unions has given a call for a two-day nationwide strike on January 30 and 31 to press for various related to the 11th wage settlement of bank employees, a union leader said on Sunday. The 11th wage settlement of bank employees had occurred on November 11, 2020 between the Indian [...]
Mishandling, malfunctioning of aircraft system or pilot fatigue could be among the factors that caused the deadly plane crash in Nepal that killed at least 68 people on Sunday, according to pilots and an aircraft accident investigation expert. They also said the exact reasons that led to the accident will be known only after a [...]
'Think-20' meeting under the G20 will begin in Bhopal on Monday during which experts and foreign guests will discuss various topics, including 'Global Governance with LiFE, Values, and Wellbeing', officials said. Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Saturday evening reviewed preparations for the two-day meeting, which will be attended by 94 representatives from [...]
Union Education Minister Dharmendra Pradhan on Sunday said India has to become a manufacturing economy for achieving the 'Make in India' goal. He said India currently has the momentum to achieve it. "Until India becomes a manufacturing economy, it will continue to buy goods from others as a purchasing economy," the minister, who also holds [...]
Prime Minister Narendra Modi on Friday said both public and private sectors need to leverage synergies and think out of the box to seize opportunities arising as a result of the emerging global environment. While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, the Prime Minister also applauded the [...]
India's forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said on Friday. The overall reserves had increased by USD 44 million to USD 562.851 billion in the previous reporting week after two consecutive weeks of the slide. In October 2021, the country's foreign [...]
