Infosys bonus distribution covered employees at levels 4, 5 and 6, comprising the majority of the organisation’s 323,000 workforce. Infosys, India’s second largest IT services firm, has distributed performance bonus letters to qualifying staff members for the April-June (Q1FY2025-26) quarter. The IT giant is paying out a significantly higher average bonus compared to the previous…
The new scheme focuses particularly on manufacturing whilst encompassing all sectors to boost job creation and social security measures. (AI image) What is Pradhan Mantri Viksit Bharat Rozgar Yojana? The Narendra Modi government’s new Employment-Linked Incentive Scheme, officially titled Pradhan Mantri Viksit Bharat Rozgar Yojana, has been launched with an aim to provide comprehensive employment…
NEW DELHI: Chandigarh Police’s Cyber Crime unit arrested a 34-year-old man from Mumbai for allegedly defrauding a city resident of Rs1.3 crore through an elaborate WhatsApp impersonation scam. The accused, identified as Joshua Oscar Nevis, allegedly posed as the victim’s employer and tricked him into transferring the money. Fraud via WhatsApp Impersonation According to officials,…
India’s non-smartphone electronics exports have exceeded $14 billion in FY 2024-25, with total electronics exports reaching $38.57 billion, showing a 32.47 per cent increase year-on-year, as reported by the Electronics and Computer Software Export Promotion Council (ESC).Despite smartphones leading exports, non-smartphone sectors have demonstrated significant growth. Various sectors including solar panels, telecom equipment, medical electronics,…
Online Gaming Bill tabled in Lok Sabha The Online Gaming Bill was tabled in the Lok Sabha, after being cleared by cabinet, on Wednesday, with the government describing it as a move that “strikes a balanced path—encouraging innovation and youth engagement through safe and positive online gaming, while firmly prohibiting harmful online money games.”Titled the…
BENGALURU: Global AI players are sharpening their India strategies as they compete for one of the world’s fastest-growing markets. OpenAI on Tuesday introduced ChatGPT Go, a Rs 399 per-month subscription plan built for India, directly pitting itself against rivals Perplexity, Google, and Anthropic’s Claude, which have all been pushing their premium offerings in the country….
Uday Kotak emphasised that the Indian government needs to provide “direct fiscal support” to enhance small businesses. Uday Kotak, the billionaire Indian banking figure, has urged Prime Minister Narendra Modi’s government to enhance fiscal assistance for small and medium enterprises, highlighting concerns about the impact of Donald Trump administration’s tariffs on the Indian economy.The founder…
India-China trade tensions easing (AI-image) China’s decision to relax export controls on fertilisers, rare earths, and tunnel-boring machines to India represents a positive development, yet India must prioritise self-sufficiency to address its growing trade imbalance with Beijing, according to a Global Trade Research Initiative (GTRI) analysis.The GTRI analysis emphasised India’s substantial economic reliance on Chinese…
Bitcoin value slides (AI image) Bitcoin declined towards $113,000 on Wednesday following its peak of $124,000 last week, whilst Ethereum remained around $4,100, indicating market uncertainty, as per analysts, quoted by Economic Times.“The crypto market is caught in a fragile moment, where sentiment is swinging faster than prices themselves. Bitcoin slipping toward $113,000 and Ethereum…
MUMBAI: The rupee recorded its biggest daily gain in a month, regaining the 86 level, with the domestic unit firming up 40 paise to close at 86.95 on Tuesday, up from 87.35 on Monday.The rally came on optimism that the U.S. may ease its stance on additional 25% tariffs after talks between Donald Trump, Vladimir…
