The RBI cut the repo rate by 25 bps to 6.25%, its first reduction since May 2020 under Governor Sanjay Malhotra. It also raised the FY26 GDP forecast to 6.7% and set inflation at 4.2%. Industry leaders across banking, finance,…
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Budget 2025 strikes a crucial balance between fiscal expansion and fiscal discipline. With a 10.1% increase in capital expenditure for FY26, the government underscores its commitment to infrastructure development, a key enabler of sustainable economic growth. This measure is expected…
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The Union Cabinet has approved a new Income Tax Bill aimed at simplifying and modernising the tax system without introducing new taxes. The bill, effective from the financial year 2025-26, will reduce legal complexities, make compliance easier, and cut the…
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Q-commerce is poised to become a significant source of employment in India, generating hundreds of thousands of jobs, especially in Tier-2 cities. The sector offers competitive wages, contributing to workforce formalization, economic inclusivity, and rapid market growth estimated to reach…
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INDIA-ECONOMY-India to start monthly release of unemployment figures in April, govt official says
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IT giant Infosys has laid off nearly 700 freshers from its Mysuru campus, IT employees’ union Nascent Information Technology Employees Senate (NITES) claimed on Friday.
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