Financial Times writes about proposed Halting International Relocation of Employment (HIRE) Act in US which will 'affect prospects of' Indian giants such as TCS & Infosys.
It's not just the pay, the entire business model of IT services firms has come into question, with TCS announcing the elimination of 12,000 jobs to focus on AI-driven strategies.
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Clubs such as Bhag, catered toward the chronically online Gen Z crowd, are leveraging social media trends and the promise of social connections to gain runners.
Inauguration of C-295 facility in Vadodara will mark red-letter day for India since it will be the first instance of a private company rolling out a military aircraft in the country.
Since October 2023, foreign transactions above Rs 7 lakh under Liberalised Remittance Scheme have attracted a 20% tax collected at source. It’s sending a signal to big spenders abroad: we are watching you.
It was high post-pandemic foreign spending that pushed govt to impose checks, but these are not working to reduce either tourism spending or real estate purchases abroad.
Minutes of Chintan Shivir held in August reveal concerns over high net-worth individuals taking wealth out of India, need to reform tax system and avoid ‘knee-jerk’ policy formulation.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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