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India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…
MUMBAI: The weakness of the rupee and foreign fund selling due to geopolitical concerns weighed on investor sentiment on Dalal Street on Friday, and the resultant selling pulled the sensex down by 770 points (0.9%) to 81,538 points. On the NSE, the broader Nifty slid 241 points (1%) to close just above the 25K mark,…
Polymarket has removed a betting market tied to the rescue of U.S. service members in Iran, after intense backlash and criticism from lawmakers this weekend. The market allowed users to wager on when the U.S. would confirm the rescue of two airmen after an F-15E fighter jet was shot down over Iran. The crew members…
Currently, PF contributions are set at 12% of the basic salary. (AI image) New labour codes 2025: The government has notified new labour laws that may require companies to ensure basic salary makes up at least 50% of the total cost-to-company (CTC), potentially prompting changes in how pay packets are structured. As a result, for…
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NEW DELHI: Acknowledging widespread concerns over the adverse impact of social media on children, IT minister Ashwini Vaishnaw said on Thursday that it has become a major issue everywhere and time has come for all stakeholders to come together to build a consensus on how to deal with the challenge.At Times Now Summit, Vaishnaw, who…
NEW DELHI: Two gunmen opened fire at Sydney’s Bondi Beach which killed at least 11 people, prompting a major police and emergency response; one shooter is reported dead as well and the other critical, with multiple injured receiving treatment. Back home, the BJP appointed Nitin Nabin as its national working president, replacing JP Nadda. Meanwhile,…
MUMBAI: Life Insurance Corporation will soon take measures to increase the yield on its real estate assets, which have a book value of Rs 16,000 crore post-revaluation and a market value of over Rs 45,000 crore. Officials said that while real estate typically yields 3-4%, the capital gains are much higher. The corporation has also…
