For IT professionals, the path to higher salaries is changing. The Indian IT sector is in the midst of an employment flux – hiring, firing, and increment trends are fast changing. The advent of artificial intelligence has rendered some roles redundant while also introducing newer job positions for specialised talent.The phase is marked by slower…
Deficit widens 31.5% to $15bn in July, electronics exports surge 11-fold India’s trade gap widened in July as imports grew faster than exports, with the combined merchandise and services deficit rising 31.5% year-on-year to $15.03 billion, according to data released by the commerce ministry.Exports of goods and services rose 13.3% to $80.14 billion in July…
The proposed bill would empower US President to levy tariffs on countries that purchase large volumes of crude oil from Russia. India faces the fresh prospect of being levied up to 100% tariffs if the Donald Trump administration is able to get a new Russian sanctions bill cleared and the US President exercises the power…
These are also segments where Chandra’s track record came under scrutiny. NEW DELHI/ MUMBAI: The new Tata Sons chairman has to deal with three major cash losers – Air India, semiconductor and electronics manufacturing and Tata Digital – with govt treating the salt-to-airline conglomerate as a strategic partner in some of these sectors.With military aircraft…
Born on Nov 12, 1956, to Simone and Naval Tata, Noel studied economics at the University of Sussex before starting at Nestlé, UK MUMBAI: For decades, Noel Tata was the quiet half-brother operating in the shadow of Ratan Tata’s larger-than-life legacy. While Ratan took bold, global bets, Noel quietly built Trent into a retail powerhouse…
Since April 1, when E20 became the only petrol available, concerns among consumers have increased. Amid the raging debate on impact of ethanol-blended E20 petrol on cars, internal communications exchanged among auto industry executives reveal concerns on fuel contamination.The rollout of E20 petrol has sparked dissatisfaction among motorists, with hundreds claiming the fuel has lowered…
Earlier this week, Parliament cleared amendments to the Payment and Settlement Systems Act, 2007. A Parliamentary panel has called for the early rollout of a calibrated Merchant Discount Rate (MDR) on high-value digital transactions. According to the panel the framework is essential to make the payments ecosystem financially viable and reduce the government’s subsidy burden.Earlier…
N Chandrasekaran’s decision was prompted by the failure of his proposed extension to receive unanimous approval. (Reuters file photo) In its first reaction to N Chandrasekaran’s move to step down as Tata Sons Chairman, Tata Trusts said it respects the decision. In a statement issued on Thursday, the trust said its nominee directors received an…
Oil prices fall over $1 as weak demand outlook weighs on market, Iran war keeps supply worries alive Oil prices slipped by more than $1 on Thursday as a weaker outlook for global demand put further pressure on the market, while supply disruptions linked to the Middle East conflict continued to limit the fall. Global…
MCX Gold has initiated a bullish bias following a breakout from the consolidation. Gold and silver price prediction today: Both gold and silver prices are showing a bullish bias over the last few sessions, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX Gold has initiated a…
