LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.
The Supreme Court of India directed the government to establish a legal framework to protect domestic workers and address their exploitation.
Ministry mulls graded funding for sports federations
The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.
The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.
rediffGURU Nayagam PP offers a detailed guide to equip you with effective strategies, tactics and tips to help you excel in the upcoming IIT-JEE exam 2025.
'...how do they consume and contribute to the GDP?'
The father of Shariful Islam, the Bangladeshi man accused of stabbing actor Saif Ali Khan, claims his son was framed and is seeking help from the Bangladeshi Foreign Ministry and the Indian High Commission for his release. He alleges that Shariful was living in India illegally without proper documentation and was in fear of arrest. Ruhul claims his son was not the person seen in the CCTV footage and believes there might be a conspiracy. He says Shariful left Bangladesh after the re-election of Prime Minister Sheikh Hasina, fearing for his safety.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
10 largecaps stocks which stand to gain from the Budget.
Sudha and Akshata Murthy's candid confessions about each other.
There is and will be plenty written about Shirish's achievements, his awards, his writing, his talks, the mark he left on this city he knew and understood so well. I know much of that, certainly. All of it speaks of the man he was, and what he meant to so many. Dilip D'Souza pays tributes to Shirish Patel, the legendary urban planner, who passed into the ages last week.
More than 8 crore income tax returns for assessment year 2024-25 have been filed this year, of which 74 per cent taxpayers have opted for new tax regime, a source said. Also, around 75 lakh updated ITRs have been filed this year in high garnered additional taxes of Rs 8,000 crore.
Full service carrier Vistara will hike salaries of its pilots and cabin crew by up to 8 per cent from April amid deployment of higher capacities to meet rising travel demand, according to a source. The source also claimed that some 30 pilots have quit the airline in the last six months and are serving notice period after getting job offers mainly from the Gulf carriers. On Thursday, a senior Vistara official confirmed the salary hike for the pilots and cabin crew but denied that 30 pilots have left the airline.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
The Jammu and Kashmir administration has neither accepted nor rejected the demand but the protest had to be suspended as stopping of salaries is 'choking us financially', protesters affiliated to the All Migrant (Displaced) Employees Association Kashmir (AMEAK) said.
As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
'The critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
Binil T B, an electrician from Thrissur, left for Russia seven months ago, hoping to secure a better job and higher wages while his wife was expecting their first child.
The employees called off the strike following government's assurance of a salary hike
Political battle over 'Pujari Granthi Samman Yojna' announced by Aam Aadmi Party supremo Arvind Kejriwal intensified on Tuesday, as he launched registration process for the scheme at a temple in Kashmiri Gate in New Delhi.
Paris St Germain will take their wage dispute with Kylian Mbappe to court after the French football league's governing body (LFP) ruled in favour of the France captain on Friday.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
Elon Musk, who has previously vowed to "go to war" to defend the H-1B visa program, has reignited debate surrounding the program by labeling it "broken" and in urgent need of "major reform." Musk, along with Indian-American tech entrepreneur Vivek Ramaswamy, has been tapped by Trump to lead his Department of Government Efficiency (DOGE). While Musk acknowledges the need for foreign workers in the tech industry, he believes the current H-1B system needs significant changes, including raising the minimum salary and adding a yearly cost for maintaining the visa. The H-1B visa, which allows US companies to employ foreign workers in specialty occupations, has been a subject of debate for years. The tech industry advocates for more H-1B visas to attract highly skilled workers, while some argue that it allows businesses to replace Americans with lower-paid foreign workers.
South Africa's two-test series success over Sri Lanka on Monday catapulted them to first place in the World Test Championship and put them firmly on course for next year's final in what would have been unthinkable less than a year ago.
Here's how to own your dream home without paying excessive interest on your EMIs.
BCCI announced a fixed match fee of Rs 7.50 lakh for all players selected to play the IPL league games with an additional 1.05 crore income over and above their salaries.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
The AIFF sacked Stimac in June, terminating his contract exactly a year before it was to expire in the wake of the side's ouster from the second round of FIFA World Cup Qualifiers despite getting a relatively easy draw.
'...spent 1/10th of his time at 24, Akbar Road...' 'He would have met thousands of party workers and ordinary Congress supporters who have love for the party.' 'Left of Centre intellectuals have shaped Rahul's values, but he lacks earthiness.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.
Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.
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