India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain

Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected…

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Stock Market Live Updates Today: BSE Sensex, Nifty50 open flat in trade as US-Iran sign MoU; crude oil prices drop further

Sensex Today Live: ’Technical setup remains constructive’ “Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading at 24,099, up by 10 points. Asian markets opened mixed with a positive bias, while US equity futures recovered part of their losses after the hawkish FOMC outcome. Improved global sentiment following…

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Trade deal with UK set to kick in from July 15

NEW DELHI: The India-UK free trade agreement (FTA) and the social security deal are set to be operationalised from July 15 after talks between PM Narendra Modi and his counterpart Keir Starmer in Evian on Wednesday.“We have got an even solution that balances the interests of our stakeholders on the issue of steel,” a senior…

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Canada’s CPP to invest Rs 7k cr in Hyderabad-based CtrlS

HYDERABAD: Canada Pension Plan Investment Board (CPP Investments) has committed an investment of up to ₹7,000 crore (C$1 billion) in Hyderabad-based CtrlS Datacenters Ltd as demand for cloud, hyperscale and artificial intelligence-ready datacentre capacity accelerates in India’s digital infrastructure sector.As part of this, CPP Investments already picked up an 8.2% stake in CtrlS for 4,000…

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