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The paychecks that once symbolised India’s ascent as a global technology hub are shrinking, sharply. According to a joint report by payroll and compliance platform Deel and equity management firm Carta, median compensation for engineering and data roles in India has nosedived by 40%, plunging to $22,000 in 2025 from $36,000 a year earlier. In…
Tamil Nadu continues to be the cradle of Indian chess as 16-year-old Ilamparthi AR from Chennai became India’s 90th Grandmaster on Thursday, after securing his final GM norm at the Bijeljina Open in Bosnia and Herzegovina. Born in 2009, Ilamparthi had earlier achieved his first GM norm at the Ha Noi tournament in Vietnam (December…
For long, India’s services sector has been seen as the engine of economic growth. Now, it is facing a reality check. While it contributes over half of the national output, it employs less than a third of the workforce, exposing a structural imbalance in India’s development story.According to a new report by NITI Aayog, titled…
The world’s most-valuable company Nvidia just got an ‘American rival’ and a ‘mighty one’. The San Diego-based Qualcomm, best known for powering smartphones and PCs, has introduced two new AI processors — the AI200 and AI250 — marking a major push into a market dominated by rivals Nvidia and AMD. The launch of Qualcomm’s new…
Representative image (AI-generated) India’s economic growth is expected to remain strong in FY 2026 even as global trade challenges persist, the finance ministry said in its monthly economic review released on Monday.The report highlighted that India’s growth will be driven by robust domestic demand, easing inflation and the positive impact of recent reforms.It further pointed…
Representative image (AI-generated) Japanese luxury beauty company Shiseido is planning to start manufacturing in India as part of its expansion strategy.It will be joined by global peers such as Estée Lauder Companies and The Body Shop, which are also exploring local production to tap into the world’s fastest-growing beauty market.Sanjay Sharma, country head of Shiseido…
This undated photo released by Charlotte Chess Center shows Daniel Naroditsky playing chess on the board. (Kelly Centrelli/Charlotte Chess Center via AP Former seven-time national champion Pravin Thipsay has hailed US Grandmaster Daniel Naroditsky, whose sudden death this week at 29 was mourned worldwide, as “a fantastic commentator, extraordinary player and a genius who wrote…
Tata Motors Passenger Vehicles Ltd achieved a significant milestone this festive season, delivering more than 1 lakh vehicles between Navratri and Diwali, marking a 33 per cent year-on-year growth, the company said.The deliveries were led by SUVs, with the Nexon topping the charts at 38,000 units — a 73 per cent rise compared to the…
Leasing of industrial and warehousing spaces across India’s eight major cities surged 28 per cent to a record 37 million sq ft during January-September 2025, driven by robust demand in Delhi-NCR, according to real estate consultancy CBRE. In comparison, total leasing across these top cities—including Delhi-NCR, Bengaluru, Mumbai, Hyderabad, Chennai, Pune, Kolkata, and Ahmedabad—stood at…
India’s luxury watch market is set for sustained expansion, with annual growth projected at around 11–12 per cent, driven by the rapid rise in the country’s affluent base and growing wealth among high-net-worth individuals (HNIs), according to a report by SOIC Research.As per news agency ANI, the report stated that India is emerging as one…
