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IT hiring may stay low till H2FY26

HIRING IN THE Indian IT services industry is expected to remain low-key in the near term until the growth momentum picks up by H2FY26, according to Icra.

Blackstone emerges top bidder for Haldiram deal

A CONSORTIUM LED by Blackstone has emerged as the preferred bidder for a minority stake in Haldiram Snacks, sources following months of negotiations on a potential deal.

Dixon's FY25 smartphone volumes may hit 30 mn

Benefit of JV with Vivo to be seen in FY26, says firm

Those not made ministers not disappointed: Maha BJP chief

MAHARASHTRA BJP CHIEF Chandrashekhar Bawankule on Monday said there is \"no disappointment\" among senior leaders of the Mahayuti alliance on not being made ministers in the Devendra Fadnavis government.

Doval set to visit China for special representative talks

MOVES ARE AFOOT to schedule the meeting of the Special Representatives of India and China which would mean National security advisor Ajit Doval will travel to Beijing - as early as this week, sources said.

Won't allow use of our territory against India's interests: Lanka

SRI LANKAN PRESIDENT Anura Kumara Dissanayake on Monday assured New Delhi that Colombo will not permit the island nation's territory to be used \"in a manner that is detrimental to the interest of India\".

After NC, TMC questions EVM talk, Cong claims its issue only with poll panel

AFTER JAMMU AND Kashmir Chief Minister and National Conference (NC) leader Omar Abdullah's dismissal of objections raised by Congress leaders against EVMs, fellow INDIA bloc member Trinamool Congress (TMC) said Monday that there was nothing substantial in the allegations of EVM manipulation.

Aide's confession: Bishnoi gets special facilities in prison

Authorities in the Sabarmati prison denied the allegations, When contacted, authorities in the Sabarmati prison denied the allegations, saying

Swiss tax action won't hit trade pact: Officials

The decision of Switzerland to suspend the most favoured nation clause in its Double Taxation Avoidance Agreement with India will not have any impact on the investment commitments under the Trade and Economic Partnership Agreement that the EFTA has signed, commerce secretary Sunil Barthwal said on Monday. He was asked whether the Swiss decision would impact the EFTA's $100-billion investment commitment. Another official said even though tax rates for Indian firms in Switzerland may go up to 10% from 5%, it is unlikely to impact investments from the bloc.

MSME concerns over steel duty will be looked into: Barthwal

The Directorate General of Trade Remedies (DGTR) has started an investigation into the complaints of dumping of steel in the domestic market and will also take into account the interests of the user industry before firming up its view, a senior official said on Monday.

‘Lack of skills, data complexity hindering AI adoption in India'

As Indian enterprises increasingly adopt artificial intelligence (AI), significant barriers such as a lack of expertise, insufficient tools, and data complexity remain.

Air India announces upgrades for 2025

TATA GROUP-OWNED Air India on Monday announced plans to revamp its international network schedules, introducing new products to cater to growing international traffic.

EV penetration slow as costs, lack of charging infra weigh

THE PENETRATION OF electric vehicles (EVS) in India is running significantly behind schedule, with most segments failing to reach even the 5% market share level.

₹16K cr needed for charging infra by '30: Report

INDIA REQUIRES AN estimated capital expenditure of ₹16,000 crore to meet the increasing demand for public EV charging infrastructure and achieve its target of over 30% vehicle electrification by 2030, a Ficci report released on Monday said.

Tata Starbucks faces pressure, to go slow on store openings

Finding quality real estate a challenge, says Tata Consumer CEO

Petroleum product exports up 3% in Apr-Nov

INDIA'S EXPORTS OF petroleum products increased by almost 3% to 42 million tonne during April-November from 40.9 million tonne in the corresponding period of last fiscal, according to data from the Petroleum Planning and Analysis Cell.

Construction of FCI godown 'nil' in FY25, House panel flays govt

A parliamentary panel on Monday pulled up the government for not meeting the godown construction target of the Food Corporation of India (FCI) in the four years till September 2024 and asked the nodal ministry to constitute a high-level committee to expedite the work in the North-East and hilly states.

Strong local demand drives flash PMI to 4-month high

ECONOMIC ACTIVITY EXPANDED at a robust pace in December, mainly due to an uptick in domestic demand conditions.

Drug recalls from US raise export concerns

THE RECENT DRUG recalls by US arms of Indian drugmakers have turned the spotlight back on quality issues faced by the domestic pharma companies in the lucrative export market.

WPI inflation eases to 1.89% in Nov as food prices soften

INFLATION BASED ON the wholesale price index (WPI) eased to a three-month low of 1.89% in November from 2.36% in October, thanks to a sharp fall in the prices of key food items such as vegetables and pulses, official data released on Monday showed.

Govt to allow self-approval for PF withdrawals from next fiscal

EPFO to avail cash credit to address any liquidity crunch

Adani, Ambani drop out of elite $100-billion club

INDIA'S TWO RICHEST industrialists, Reliance Industries chairman Mukesh Ambani and Adani Group founder Gautam Adani, have tumbled out of the elite centibillionaires club people with fortunes above $100 billion, according to the Bloomberg Billionaires Index.

Trade deficit widens to record high

At $14.9 billion, November gold imports were more than double the level recorded in October and up 331% on year.

Advance tax receipts rise 17% in Q3

ADVANCE DIRECTTAX receipts from companies, limited liability partnerships (LLPs) and individuals rose by 16.8% on year for the third quarter of the current fiscal, reflecting some moderation in tax payments.

Rationalised GST rates key for jobs and growth

While reforming GST, the Centre should remember that rate changes must boost public revenue while enabling businesses to invest and create jobs

Dark store tech startups see a glimmer of profit

WAREIQ supports more than 400 brands, including Technosport and Lotus Herbals, with same-day and next-day delivery via shared warehouses.

Dixon, Vivo India tie up to make smartphones

● JV unit will handle part of India's orders

'B-school admission depends on IQ, soft skills'

Even as the Indian School of Business (ISB) has started taking freshers - it previously used to have programmes only for working professionals - the role of admissions consulting organisations such as ISB Mantra won't change.

Raj Kapoor's anniversary celebrated in Pakistan

PAKISTANI CULTURAL ENTHUSIASTS and film lovers gathered at the iconic Kapoor House in Peshawar on Saturday to celebrate the 100th birth anniversary of legendary Bollywood filmmaker and actor Raj Kapoor.

Can't tax upper middle class more, says Piketty

Describing India's decision to impose a wealth tax way back in 1957 as trying \"to do too much too fast,\" French economist Thomas Piketty, regarded most for his passionate advocacy of taxing the wealth of billionaires to reduce inequalities, says there's no way the government can increase tax on the upper middle class and middle Indian entrepreneurs unless it demonstrates people at the top pay a higher tax rate.