Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
The complainant told the police that after she got married, she lived in a separate house with her mother-in-law, outside her village. Her husband was in BSF, so he would often be on duty.
Investors in India's information technology (IT) companies are likely in for more pain ahead as muted earnings for the first quarter of 2025-26 (Q1FY26) play spoilsport at the bourses in the worst-performing sector this year amid macro uncertainties. Investors, analysts suggest, can look for better opportunities in the markets as things stand.
'What we see now is a much stronger need for data sovereignty.'
India's top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits have been distributed to shareholders through dividend and share buybacks. In the past 10 years (that is, excluding the current one), the firms have reinvested in growth and expansion only around 13.5 per cent of the cash flow generated from their operations.
Infosys has laid off 195 trainees for failing internal assessments, according to emails sent by India's second largest IT services firm. It is the company's third layoff of trainees this year. As many as 320 trainees were dropped in February on similar grounds and 240 earlier this month.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
Commercial and prohibited speeches are not covered under fundamental rights, the Supreme Court on Monday said as it asked five social media influencers, including India's Got Latent host Samay Raina, to display their unconditional apology in their podcasts or shows for ridiculing persons with disabilities and rare genetic disorders.
Among fresher job seekers, one in three believes AI will create more jobs.
'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'
The West Bengal government has drafted new rules to enhance the security of working women, especially those on night shifts. The rules include setting up a mandatory complaint committee and installing CCTV cameras at workplaces.
'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'
The combined market capitalisation of the country's top five IT firms that are part of the BSE Sensex is down 24 per cent since January and their valuation has slipped to lowest levels in the past five years.
Procter & Gamble has announced Shailesh Jejurikar as its next CEO, effective January 1, 2026. Jejurikar, an India-born executive, will succeed Jon Moeller in the role.
Cyber fraudsters posing as Delhi ATS and Jammu & Kashmir police personnel cheated an elderly woman from Mumbai of Rs 22 lakh after accusing her of spying for Pakistan, officials said on Wednesday.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
A Muslim cleric has been booked for allegedly making objectionable and inflammatory remarks against Samajwadi Party MP Dimple Yadav during a televised debate.
The Supreme Court on Monday said the right of freedom of speech and expression was being 'abused' while hearing the plea of a cartoonist accused of sharing alleged objectionable cartoons of Prime Minister Narendra Modi and Rashtriya Swayamsevak Sangh workers on social media.
'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'
Solicitor General Tushar Mehta revealed a fake, verified X account created in the name of the 'Supreme Court of Karnataka' to highlight the dangers of unchecked online activity during a hearing on X Corp's petition challenging government takedown orders.
'We remain cautious in this environment, and the uncertainty continues.'
'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'
The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.
India has a comparative edge over key competitors in a majority of products it exports to the US and stands to gain market share as the US raises tariffs on its major trade partners, NITI Aayog said on Monday. In its quarterly trade report, it recommended that the government fast-track the India-US free trade agreement with time-bound goals to resolve non-tariff barriers and finalise digital trade rules on data flows and e-signatures to support services exports.
rediffGURU Nayagam PP, career counsellor and the founder of EduJob360, counsels students and aspiring professionals about how they can make the right career decision.
A day after news emerged that Foxconn Technology Group was "forced" by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan to rescue its India iPhone 17 production by bringing in experts from mainly Taiwan and the US.
'People are taking effort to train and adapt to current skills.' 'If that is not there, they are not useful to us.' 'They have to adapt to new technology, and what is important is learnability.'
The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.
We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.
The Supreme Court on Tuesday granted protection from coercive action to a cartoonist accused of sharing alleged objectionable cartoons of Prime Minister Narendra Modi and Rashtriya Swayamsevak Sangh workers on social media.
Despite recent underperformance, MNC funds have delivered over longer time frames.
A lawyer for Elon Musk's X told the Karnataka high court on Tuesday that if every "Tom, Dick and Harry" government official is authorised to send content takedown notices then it would amount to misuse of official powers, remarks that drew strong condemnation from the Centre as well as the judge.
The Supreme Court has agreed to hear the anticipatory bail plea of a cartoonist accused of uploading objectionable cartoons of Prime Minister Narendra Modi and RSS workers on social media. The Madhya Pradesh High Court had previously refused to grant him relief, observing it was a gross misuse of freedom of speech.
'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'
The Indian Youth Congress has filed police complaints in multiple states alleging a "coordinated and defamatory" digital campaign targeting Rahul Gandhi and undermining the dignity of women, following a row over his image on sanitary pad packets to be distributed in Bihar.
Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.
The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
Police in Lucknow, India, have filed a sedition case against folk singer Neha Singh Rathore for her social media posts targeting a particular faith community in the wake of the Pahalgam tragedy. The complainant alleges that her posts could harm the nation's unity. The complaint references the execution-like killing of 26 people in Pahalgam by terrorists, and states that Rathore's posts incited one community against another based on religion. The case against Rathore was registered under the Bharatiya Nyaya Sanhita (BNS) for attempting to promote sectarian animosity, disturbing public tranquillity and endangering the sovereignty, unity and integrity of India. She was also booked under the Information Technology Act.
