Infra output: Eight core sectors grow 1.8% in November; cement and steel lift momentum as energy drags

Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…

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Tax nudge: Income tax dept ropes in MNCs to flag undisclosed foreign assets; employees face Dec 31 deadline

With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…

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Uber Clears Violent Felons to Drive

new video loaded: Uber Clears Violent Felons to Drive Our reporter, Emily Steel, found that in many states, Uber’s guidelines allow people with serious criminal convictions to drive, as long as those convictions are more than seven years old. Some of those drivers have gone on to sexually assault or harass passengers. By Emily Steel,…

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Foxconn ramps up hiring! Recuri 30,000 at all women led iPhone unit — What’s next for the Apple components plant?

Foxconn has rapidly scaled up its newest iPhone manufacturing facility near Bengaluru, hiring close to 30,000 workers within eight to nine months, marking the fastest workforce expansion by any factory in India to date. The swift ramp-up at the Devanahalli plant underscores Apple’s push to diversify its supply chain beyond China, according to people familiar…

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