IT Hiring Slows to 17 Net Additions in 9 Months
India's top five IT companies recorded only 17 net hires in the first nine months of FY2025-26, a sharp drop from 17,764 last year, as AI and automation reshape hiring models.
Category : Business
Court Orders Rs 4.12 Lakh Payout for Squint Surgery Claim
Valsad consumer court rules squint correction is medical, not cosmetic, directing New India Assurance to compensate a Navsari resident with Rs 4.12 lakh plus interest.
Postal Exports Get Major Boost with New Incentives
CBIC announces export incentive schemes like duty drawback, RoDTEP, and RoSCTL will now apply to postal shipments, boosting MSME competitiveness and cross-border e-commerce.
EPFO to Authorize 'Suvidha Providers' for PF Help
EPFO will soon authorize facilitators to help members access benefits and resolve PF account issues, eliminating office visits. A pilot is underway in Delhi.
Sugar Mills Owe Rs 4,390 Crore to Karnataka Farmers
Sugar mills in Karnataka owe a staggering Rs 4,390 crore to sugarcane farmers for the 2025-26 season, highlighting financial strain in the agricultural sector.
BDA Seeks State Help in Turahalli Forest Buffer Zone Row
The Bangalore Development Authority requests urgent government action to resolve the Turahalli forest buffer zone issue, which now affects 480 site allottees in south Bengaluru after a drone survey.
India's EV Push: Don't Abandon Combustion Engines Yet
India's rapid shift to electric vehicles faces challenges. Experts warn against abruptly phasing out internal combustion engines, citing economic and infrastructure hurdles.
India-EU FTA 'Mother of All Deals': Piyush Goyal
Commerce Minister Piyush Goyal calls the India-EU Free Trade Agreement the 'mother of all deals' as negotiations near completion, aiming for a win-win outcome.
US Stocks Rise on AI Enthusiasm, Dollar Near 6-Week High
Major US indexes gained slightly in volatile trading as chip stocks rallied on TSMC results. The dollar held near a six-week high amid strong jobs data, while gold fell and oil rose on supply concerns.
Punjab CM Mann Seeks Stronger Trade Ties with Canada
Punjab Chief Minister Bhagwant Mann met British Columbia Premier David Eby to strengthen trade, investment, and educational cooperation between Punjab and Canada.
World's Largest Green Ammonia Project in Andhra Pradesh
Andhra Pradesh will get India's first and world's largest green ammonia project in Kakinada with $10 billion investment, creating 8,000 jobs and enabling green energy exports to Europe and Asia.
PM Modi Urges Startups to Focus on Manufacturing, Tech
Prime Minister Narendra Modi called on Indian startups to shift focus to manufacturing and technology, aiming for global leadership in the next decade during Startup India's 10th anniversary event.
Punjab Tops Startup Rankings Again, Centre Recognizes Efforts
Punjab has been recognized as a top performer in India's startup ecosystem rankings for the second consecutive year. The award highlights the state's progress in fostering entrepreneurship and innovation.
Fannie, Freddie Stocks Sink on Trump Policy Fears
Fannie Mae and Freddie Mac shares extended losses as Trump's mortgage bond directive and IPO doubts rattled investors, erasing 2025 gains.
Canada-China Trade Deal Marks Foreign Policy Pivot
Canada and China have agreed to reduce trade barriers, including tariffs on canola and electric vehicles, marking a significant warming of relations after years of tension.
Summit Properties Wins $451M NYC Apartment Deal Approval
A U.S. bankruptcy judge approved Summit Properties USA's $451 million purchase of Pinnacle Group apartments, overriding objections from New York City Mayor Zohran Mamdani.
Shivamogga MP Announces Railway Expansion for Malnad Region
Shivamogga MP B Y Raghavendra reveals Union government funding for primary surveys of multiple new railway lines, including Shivamogga-Sringeri, and updates on Koteganguru Terminal progress.
Gujarat Leads India's Startup Ecosystem Ranking
Gujarat has been named the best-performing state in India's startup ecosystem rankings, with Ahmedabad playing a pivotal role in fostering innovation and deep-tech ventures.
Bengaluru Trains Rerouted Due to Station Reconstruction Work
Due to ongoing pit line reconstruction at KSR Bengaluru station, three express trains will have their terminals shifted to other stations in the city from Saturday until March 11, affecting schedules and routes.
India's Young Population to Drive Third-Largest Economy: Deloitte CEO
Romal Shetty, CEO of Deloitte South Asia, highlights India's young median age and strong innovation ecosystem as key strengths for economic growth at TiECon Mangaluru.
Indian Ports See Russian Oil Tankers Drifting With Nowhere To Go
India's imports of Russian crude oil are declining again, causing tankers to pile up at sea with uncertain destinations. Here's why this shift is happening.
Gates Foundation $9B Budget, 500 Layoffs in 2026
Bill & Melinda Gates Foundation reveals record $9 billion budget for 2026 while cutting up to 500 jobs. Focus on polio eradication, AI health tools, and global vaccines.
US-Taiwan Trade Deal: Tariffs Slashed to 15%, $250B Investment
The US under Trump has slashed tariffs on Taiwanese goods to 15%, matching allies like Japan and South Korea. Taiwan commits $250 billion to US sectors including semiconductors and AI.
US Popeyes Franchisee Files for Bankruptcy
Sailormen Inc., operating over 130 Popeyes restaurants in Florida and Georgia, seeks Chapter 11 protection to restructure debt and stabilize operations.
SEBI's SWAGAT FI Eases Compliance for Foreign Investors
SEBI introduces the SWAGAT FI framework to streamline compliance for foreign investors in India, reducing regulatory burdens and boosting market access.
Startup Founders Praise Government Support at National Startup Day
At the National Startup Day event, founders highlighted how strategic government initiatives are fueling innovation and growth in India's startup ecosystem.
RBI Overhauls Foreign Exchange Rules for Trade
The Reserve Bank of India introduces unified foreign exchange regulations for exports and imports, simplifying procedures and enhancing digital monitoring to ease compliance for businesses.
BIS Mark Mandatory for Aluminium Cookware, Beverage Cans
The government has notified a new quality control order requiring BIS certification for aluminium cookware and beverage cans, with phased implementation until 2027.
Wipro Q3 Net Profit Falls 7% to Rs 3,119 Crore
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, with revenue at Rs 22,205 crore. The IT giant faces market headwinds and a slowdown in key sectors.
TiECon Mangaluru 2026 Calls for Stronger Govt-Industry Ties
Former Infosys CFO Mohandas Pai and Karnataka Digital Economy Mission chairman BV Naidu emphasized the need for continuous engagement and startup-like speed from government to boost job creation and investment in emerging tech hubs beyond Bengaluru.
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