Latest News, Updates & Breaking Headlines
A proposed US-China agreement on TikTok would give Americans a majority on a board overseeing the app’s US operations, the White House said Saturday. “Americans will control six of the seven seats for a planned board,” White House press secretary Karoline Leavitt told Fox News, according to the Associated Press.Leavitt added, “We are 100 per…
Companies across consumer electronics, e-commerce, automobiles, retail, logistics, and FMCG are rushing to hire temporary staff as India’s festive season kicks off, following reduced GST rates from September 22. Industry experts say many shoppers had postponed purchases earlier this season, which dented sales, but with firms passing on GST cuts through price reductions, buyers are…
PM Modi on Thursday will be laying the foundation stone for the Mahi-Banswara nuclear power project in Rajasthan. The project will mark the National Thermal Power Corporation’s (NTPC) entry into India’s atomic energy sector.The Mahi-Banswara Rajasthan Atomic Power Project (MBRAPP) will feature four indigenously developed Pressurised Heavy Water Reactors (PHWRs), each with a capacity of…
Commerce and industry minister Piyush Goyal on Saturday unveiled a set of integrated logistics plans aimed at reducing transaction cost of industry.The pilot programme has started in eight cities across eight states and is designed to review existing logistics infrastructure, spot gaps, and provide a roadmap for improving efficiency and reducing costs, the ministry said.Goyal…
The government is in discussions with the US administration and the IT industry over the sharp hike in H-1B visa fees, set to take effect on 21 September.American companies will end up getting even a harder hit after the announcement, being primary users of these visas to bring in high skilled workers, sources told PTI…
Indian airports have so far remained safe from the cyber attack that has swept across many airports in Europe, a senior government official told PTI on Saturday.London Heathrow, Berlin and several other European airports are facing operational disruptions after a cyber-attack on Collins Aerospace systems, used at the airports.Following the incident in Europe, Indian authorities…
Industry body, Nasscom, has urged its member companies to bring back H-1B employees stuck outside the United States before new visa fee rules come into force.The warning comes with just a day left before the US raises the cost of applying for an H-1B visa to $100,000, a move that could severely disrupt businesses.Shivendra Singh,…
Amul’s parent company, Gujarat Cooperative Milk Marketing Federation (GCMMF), on Saturday announced reducing the retail prices of more than 700 product packs, passing the benefits of recent GST reforms to consumers. The price reduction covers a wide range of products, including ghee, butter, ice cream, bakery items, and frozen snacks, with the new prices taking…
Indian Railways on Saturday announced slashing the price of its Rail Neer bottled water, passing on the benefits of GST reforms to passengers.Starting September 22, a one-litre bottle will be available for Rs 14 down from Rs 15, while a 500 ml bottle will cost Rs 9 instead of Rs 10.The price cut also applies…
Industry body Nasscom on Saturday raised concerns over the US administration’s decision to increase the H-1B visa fee to $100,000, saying that it could disrupt Indian technology services companies and their onshore projects.The organisation also criticised the tight September 21 implementation date, warning that a one-day deadline creates “considerable uncertainty for businesses, professionals, and students…
