Infosys staff members continue their work duties from home, both online and offline, after leaving the office. Bengaluru’s persistent and infamous traffic woes seem to have forced Infosys, India’s second largest IT services firm, to reschedule its bus service timings for employees. Infosys has modified the evening bus departure times from its Electronic City facility…
The India-UK Free Trade Agreement (FTA) signed on July 24 by Prime Ministers Narendra Modi and Keir Starmer will cut trade tariffs from 15% to 3% and is expected to bolster business confidence in a volatile global environment, British MPs were told on Monday.UK Business and Trade Secretary Jonathan Reynolds briefed the House of Commons…
For many, retirement is imagined as a time of ease—slower mornings, quality time with family, travel, and indulging in long-postponed hobbies. The picture, however, often collides with reality. A surprisingly large number of retirees discover that their savings don’t stretch far enough, or that a single medical emergency wipes out years of careful planning. Others…
Former Reserve Bank deputy governor Michael Patra on Monday said corporate India is a “missing actor” in the country’s growth story, stressing that the economy can accelerate beyond 8% if businesses step up investments.“Now we are seeking to head back [to 8%]. The most important missing actor in this is corporate India, which is not…
Russian President Vladimir Putin during his visit to Alaska for a meeting with Trump noted that trade with the US has jumped 20%! (AI image) US President Donald Trump has again slammed India for its continued purchase of crude oil and arms from Russia. In a Truth Social post on Monday, Trump said, “India buys…
NEW DELHI: The Directorate General of Civil Aviation (DGCA) has granted safety clearance to Air India SATS Airport Services Pvt Ltd (AISATS) for the first time. Since ground handling is vital to aviation safety, and with increasing traffic, larger aircraft, faster turnarounds, and multiple service providers, DGCA has mandated safety clearance for all operators. India…
The rupee closed at a fresh all-time low of 88.10 against the US dollar on Monday, slipping by just 1 paisa amid concerns over Indo-US trade tariffs and strong dollar demand from importers.Currency traders said the domestic unit opened weaker at 88.18 at the interbank foreign exchange market and fell further to touch an intra-day…
High-value Rs 2000 banknotes worth Rs 5,956 crore are still in circulation more than two years after the Reserve Bank of India (RBI) announced their withdrawal, official data showed on Monday.The RBI had notified the withdrawal of the denomination on May 19, 2023, while clarifying that the notes would continue to be legal tender. At…
India’s outward foreign direct investment (FDI) flows have grown at a sharp pace over the past five years, with a compound annual growth rate (CAGR) of 12.6%, much higher than the global average of 3.9%, according to a Bank of Baroda report.The report, authored by economist Dipanwita Mazumdar, noted that India’s outward FDI touched a…
India’s current account deficit (CAD) narrowed sharply to $2.4 billion, or 0.2% of GDP, in the June quarter of 2025-26, from $8.6 billion (0.9% of GDP) in the same period last year, the Reserve Bank of India (RBI) said on Monday.The improvement was aided by robust services exports, even as the merchandise trade gap widened….
