Bridging the AI talent gap: Will this be a new opportunity for employees? Infosys's HR head Shaji Mathew answers
When looking to bridge the AI talent gap, employers should prioritize upskilling and reskilling existing employees over recruiting new workers or leveraging the skills of partner firms.
Review of customs duty rates to be completed before next Budget, first draft of revised Income Tax Act likely to be ready by then, says Revenue Secretary
Both review exercises will start immediately, with internal committees of officials being set up for these tasks.
IRDAI is targeting 100% cashless hospital treatment by July 2024, but is it viable?
Irdai aims for 100% cashless treatment in hospitals. It has notified insurers to put the necessary systems in place by July 31, 2024. But its 2023 annual report casts a doubt on the viability of this goal - Issue Date: Aug 04, 2024
A Tale of Valor: Lt. Col. Ankita Srivastava's Kargil War Memoir
Lt Col Ankita Srivastava, the first lady officer to be posted in counter insurgency operation in the far east when the kargil war happened writes a column for Business Today TV. She says that in May
Labour minister Mansukh Mandaviya to chair meeting for an integrated system on capturing employment data
Meeting on Friday to be attended by officials from 20 ministries
MSMEs disappointed as Union Budget 2024-25 leaves 45-day payment rule unchanged
The MSME industry was left disappointed as Budget 2024-25 leaves the 45-day payment rule unchanged, impacting tax provisions and cash flow.
‘Royalty not same as tax’: Supreme Court upheld rights of states to impose royalty on mining, mineral use
The majority of the judges on the bench ruled that states retain the power to impose cesses on mining and related activities.
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Govt mulls easing investment restrictions on some Chinese firms: Report
Discussions are underway on whether to give exemptions to Chinese firms in hi-tech sectors like solar modules and critical minerals.
GST from online gaming has seen a four-fold jump post-October 2023, with average of Rs 1,100 crore per month: CBIC chief
Says GoM working on GST rate rationalisation, GST Appellate Tribunal likely become operational in coming months
Budget 2024: Privatisation of two public sector banks still on Modi 3.0 government agenda
Finance minister Nirmala Sitharaman established the target for 2024-25 at Rs 50,000 crore. Nonetheless, in the Interim Budget presented in February, the disinvestment estimate for 2023-24 was adjusted down to Rs 30,000 crore.
Centre to decide on fiscal consolidation strategy later, focus remains on meeting deficit targets
The government aims to meet fiscal deficit targets as outlined in the Union Budget, with a decision on fixed deficit targets or debt-to-GDP ratio to be made in the future.
India for the world – The GCC way
This includes value creation through service expansion, architecting futuristic solutions at scale, strategic decision-making, and driving operational efficiencies
Foreign firms love India, but here's what gives them cold feet when talking business
This explores the critical legal considerations and possible roadblocks investors typically navigate from an exchange control law perspective while assessing investment and business opportunities in India.
PM Modi meets US defence company Lockheed Martin’s CEO; discusses ties between the nations
"We recognize the promising talent and capabilities of the local industry and remain committed to strengthening the defense and industrial ties between our two nation,” said Lockheed Martin.
RBI Bulletin: Hike in retail inflation due to food prices has halted overall disinflation process
Food inflation based on the consumer food price index (CFPI) rose 9.36% year-on-year in June, compared to an 8.69% rise in May and an 8.70% in April.
Budget 2024-25: A look at the key macro numbers
GDP growth seen at 7% in FY25, fiscal deficit under control, economy well placed to allow Centre to spend more on welfare schemes
India's renewable energy revolution: A multi-trillion-dollar economic transformation ahead
Mirroring the success of China in leveraging clean energy to drive economic growth, India’s energy transition could be one of the largest economic opportunities in recent decades.
Fintech players weigh in on PM Modi’s vision for Mumbai as a global fintech capital
Fintech firms say the launch of multiple investment projects for the city will give Mumbai a head start in attracting both established businesses and start-ups within the fintech sector.
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Indian government to speed up visa issuance for Chinese technicians: Report
Government officials have stated that the plan to expedite visa approvals has received support from the trade ministry and is currently being viewed as favorable by the Ministry of External Affairs.
ADB keeps India's GDP growth projection at the same level of 7% for FY2024-25
India's GDP expanded at a rate of 8.2 per cent in the financial year 2024, surpassing the 7 per cent growth seen in FY23. This growth was notably supported by a higher-than-expected expansion of 7.8 per cent in the fourth quarter.
‘Seriously concerned’: NASSCOM asks Karnataka govt to withdraw bill on reservation for locals in private firms
Karnataka reservation bill: The industry body also sought an urgent meeting with industry representatives and state authorities to discuss the matter and “prevent the state’s progress from being derailed”.
Mumbai-Pune Expressway: India’s most expensive national highway
The six-lane highway constructed in 2002 at a cost of Rs 1.63 lakh crore is 94.5 kilometres long and is the oldest expressway in the country.