The IT and IT-enabled services (ITeS) sector continues to dominate salary rankings across experience levels, with freshers in tech roles earning up to Rs 28,600 per month and professionals with five to seven years of experience drawing Rs 68,900, according to global hiring platform Indeed’s latest PayMap survey. The high compensation is being driven largely…
India may face fewer tariff headwinds from the US than many of its Asia-Pacific peers, helping the country attract greater investment flows and strengthen its position as a global manufacturing hub, Moody’s Ratings said on Thursday.The ratings agency, in its outlook on APAC sovereigns, noted that several export-heavy economies across the region were hit by…
As the National Stock Exchange (NSE) moves closer to its long-awaited IPO, ace investor Radhakishan Damani‘s early-stage investment in the bourse is delivering massive paper gains. His 1.58% stake—equivalent to 3.91 crore shares—is currently valued at around Rs 9,300 crore in the unlisted market, based on the latest grey market price of Rs 2,389 per…
India’s defence sector has taken pole position among all sectoral indices, delivering a 34.82% return over the past six months — a performance that stands out against Nifty’s 5.49% gain and declines in IT and pharma. While most sectors struggled or stayed flat, defence stocks rallied on the back of strong order visibility, execution, and…
India’s quick commerce industry is sprinting ahead in metros, but non-metro cities continue to trail behind, held back by weak demand, low digital adoption, and entrenched local shopping habits, according to a report by Redseer.The sector expanded nearly 150% year-on-year in the first five months of 2025, driven by aggressive rollout of dark stores, rapid…
US stocks inched higher on Thursday and Treasury yields surged after stronger-than-expected jobs data tempered expectations of a rate cut in July, pushing the S&P 500 to its fourth all-time high in five trading days.The S&P 500 rose 0.3%, continuing its record-breaking run, while the Nasdaq Composite gained 0.5%. The Dow Jones Industrial Average added…
The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June. Jobless claims for the week ending June 28 declined by 4,000 to 233,000, the Labor…
The Confederation of Indian Industry (CII) has called for a comprehensive overhaul of India’s critical minerals policy, urging the government to allow automatic mining rights to companies awarded Exploration Licences. The industry body also pressed for viability gap funding and focused Free Trade Agreement (FTA) provisions to secure strategic mineral supply chains.“Environmental regulations should be…
India is taking a firm stance against US pressure in the proposed trade agreement. (AI image) India and the US are racing to seal a trade deal ahead of American President Donald Trump’s July 9 deadline, when 26% reciprocal tariffs on Indian goods will kick in. Despite India’s chief negotiator Rajesh Agarwal and his team…
Taxpayers have little reason to worry since this year the Income Tax Department has extended the deadline to file IT. (AI image) ITR filing FY 2024-25: It’s the month of July and every year this time, taxpayers are usually scrambling to get together documents to file their income tax return or ITR. However, those who…
