Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Sallie Mae, a US-based company which gives loans to students, announced on Monday that it plans to move back as many as 2,000 overseas jobs, including those from India, even if it means an additional financial burden on the company because of higher labour expenses
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
Nearly 650 people have been killed in the recent unrest in Bangladesh between July 16 and August 11, the United Nations Human Rights Office has said in a preliminary report, suggesting a thorough, impartial and transparent investigation into reports of extrajudicial killings, arbitrary arrests and detentions.
Company chief executive David Smith said that he did not expect sales to return to normal levels "for some time." He added, "It is only right and proper that our response to the unavoidable impact of the credit crunch and a severe reduction in demand includes actions across all grades and functions in the company. It is critical that Jaguar Land Rover becomes a more efficient and dynamic organisation to face up to the challenges that we will meet in the years ahead."
In a thrilling finish at the DY Patil Stadium on Saturday, UP Warriorz clinched handed Mumbai Indians their first loss of the season.
'Two actors don't necessarily have to get along to create chemistry.'
Tata Motors-owned Jaguar Land Rover has announced plans to axe 400 more jobs in view of the current global economic downturn.
Hampshire-based De La Rue, which produces over 150 currencies around the world, faced production difficulties after employees allegedly falsified paper test certificates for the Reserve Bank of India, which has been its biggest client.
Australia's exceptional bowling performance not only highlighted their depth and skill but also set a new benchmark
A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.
Umpires called off the game when it returned after several inspections.
He alleged that besides Modi and Shah, Finance Minister Nirmala Sitharaman had also commented on the stock markets ahead of elections, which has never happened in the past.
Following a virtual meeting on June 16th, 2024, the All India Football Federation (AIFF) announced a change in leadership for the Senior Men's National Team.
The assessment highlights the challenges posed by modern technologies that are automating and making redundant multiple human tasks, from manufacturing to healthcare
Hosts West Indies primed for Super 8 clash against defending champions England
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.
New Zealand authorities have begun easing social restrictions in recent weeks with COVID-19 cases slowing to a trickle, and sports have been given the green light to restart domestic competitions.
Biles, the world's most decorated gymnast, returned for her third Olympics after she abruptly pulled out from the team final at the Tokyo Games suffering from the "twisties", a term used to describe the temporary loss of spatial awareness while performing high-difficulty elements.
'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'
The survey covered around 3,000 units from sectors like textiles, gems and jewellery, metal and metal products, leather, automobiles, as well as infotech and business process outsourcing. The latest survey says total employment in the surveyed units was 15.72 million. This is less than the 16.2 million jobs in the same units seen in September 2008.
'He fulfilled his farz to his country,' a grieving mother says of Major Mustafa Bohara who was awarded the Shaurya Chakra, the nation's third-highest medal for gallantry in peacetime. 'He fulfilled his farz to his country,' said his proud mother of her soldier son.
The US saw a staggering 467,000 job losses in June, pushing the unemployment rate to a 26-year high of 9.5 per cent, indicating that economic revival may take longer time than anticipated.
Sunak, 44, was facing the impossible challenge of overcoming voter anger against the incumbent Tories after 14 years in power. The 61-year-old Keir Starmer-led Labour Party, meanwhile, maintained a strong lead over the Tories throughout the six-week campaign.
Manchester United have lost 11 of their 27 league matches this campaign, two more than all of last season. The two previous seasons with 12 league losses (2013-14 and 2021-22) led to managerial changes.
Defending champions England stormed their way to a crushing eight-wicket victory over the West Indies.
Governments seem to be a lot more wary of imposing a draconian lockdown this time. Some lessons seem to have been learned. So, it may be fair to assume that these lockdowns will do less harm. But they will hurt the recovery process, which is still incomplete, warns Mahesh Vyas.
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent as the auto industry continued to struggle with demand slump.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
Break the chains of debt, invest in your future, and wave the flag of financial independence high. Freedom awaits, comrades. Let's conquer this battlefield together this Republic day, exhorts Vatsal Ramaiya.
"The decision is likely to lead to a number of jobs being lost in the jewellery sector in India, specially among vulnerable groups of society," Commerce and Industry Minister Kamal Nath said in a statement.
The impact of AI automation in India is the lowest.
Arsenal reclaim provisional top spot with 1-0 win at Man United
Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.
'You look with hope at a politician who comes along and promises to change all that: 10 million new jobs every year, no need to touch someone's feet to get an introduction to an employer. And fix the corrupt guys who have made the system what it is.' 'But five years later, the reality has changed little or not at all,' says T N Ninan.
The West Indies, led by Andre Russell, delivered a top-class bowling performance to dismiss the United States for 128 in their crucial Super Eights Group 2 clash of T20 World Cup in Barbados on Friday.
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