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 […]
Rare earth minerals trade shift: China’s exports jump 75% in July to 6-month high; shipments to US and Europe rebound as curbs ease
China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have returned to levels seen before Beijing tightened export controls.Data released by the General Administration of Customs on Wednesday showed that exports from the world’s largest […]
Rs 1.3 crore lost in cyber scam: Chandigarh cyber cell arrests Mumbai man for fraud; police issues advisory to public
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, […]
Online Gaming Bill tabled in Lok Sabha: Government cracks down on digital betting, gambling; seeks total ban
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 […]
Uday Kotak says Donald Trump’s tariffs have ‘woken Indians up’! Banking billionaire urges support from government; ‘great opportunity to pivot..’
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 […]
Soon, 1L postmen set to be MF distributors
New Delhi: As part of its efforts to double the investor base, the Association of Mutual Funds of India (Amfi) is working with India Post to train nearly one lakh postmen as distributors, in addition to focusing on four states to ensure that every district has at least 10 distributors by end of the year.Amfi […]
‘A global hub for export’: India eyes 10% share of global green hydrogen demand by 2030; 862,000 tonnes of production allocated across 19 firms
India intends to secure approximately 10% share of worldwide green hydrogen demand, projected to surpass 100 million metric tonnes by 2030, according to Shripad Naik, minister of state for power and new and renewable energy, speaking on Tuesday. Under the National Green Hydrogen Mission, Substantial progress has been achieved towards production goals, with 19 companies […]
Washington DC unemployment at a high for third straight month: District’s July rate reaches 6% mark; federal cuts, court-backed layoffs fuel rise
Unemployment on rise in Washington (AI-image) US capitol Washington DC maintained the nation’s highest seasonally adjusted unemployment rate for three consecutive months, according to recent Bureau of Labour Statistics data released on Tuesday.The District’s July unemployment rate reached 6%, primarily due to extensive federal workforce reductions implemented by President Donald Trump‘s Department of Government Efficiency. […]
HDFC Bank customers take note: Some services to be offline for maintenance — check date, time, duration and affected operations
HDFC Bank services to face outage HDFC Bank has notified its customers about temporary interruptions in specific customer care services, including WhatsApp chat banking and SMS banking facilities, in-between August 22, 2025 and August 23, 2025.According to the Economic Times report, the bank is implementing necessary system upgrades to improve the overall banking experience, resulting […]
Trump’s 50% tariffs loom: What steps is government looking at to cushion impact on key export sectors? Check details
The United States continues to be India’s biggest trading partner. (AI image) As India faces the threat of 50% US tariffs from August 27, the government is looking at sector-specific measures to cushion impact on exporters and small and medium enterprises. Indian goods exported to the US have been facing 25% tariffs from August 7, […]