The Mumbai bench of the National Company Law Tribunal’s outsourcing and contractual staff went on strike due to non-payment of December 2024 salaries and delays in payments over the past six months. They demand salary release and a revision in…
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The Generative AI (GenAI) adoption is projected to transform at least 38 million (3.8 crore) jobs in India by 2030, driving a 2.61 per cent productivity boost to the economy through gains in the organised sector and additional 2.82 per…
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Hindustan Zinc Limited faces a penalty and tax demand for FY 2018-19 and FY 2019-20. The company plans to appeal the order before the Appellate Authority. Hindustan Zinc received the order on January 13, 2025. The issue involves a dispute…
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Global inflation is anticipated to stay elevated until at least 2028, with an average rate of 3.5% in three years according to a survey by the German Ifo Institute and Swiss Economic Policy Institute. Inflation rates are expected to exceed…
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Rupee fall: India’s central bank plans to use foreign exchange reserves judiciously to handle currency market volatility amid global challenges. While the RBI will intervene to manage volatility, it will not massively protect specific levels, especially with a declining rupee…
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The automotive sector is set to lead with anticipated increments of 10%, up from 8.8%, driven by the surge in electric vehicles and government-led ‘Make in India’ initiatives, found the survey by Mercer.
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