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MUMBAI: Chiefs of India’s consumer companies are seeking more tax cuts, wider measures to put money in the hands of the middle-class and support consumption, which has begun to look up after months of sluggishness but runs the risk of being buffeted by external macro factors. CEOs are also pinning hopes on the Budget to…
India Inc is dialing back hiring of fresh graduates, especially those from science, technology, engineering and mathematics (STEM) backgrounds, as companies turn more selective and focuses on industry-ready talent.Around 200,000–220,000 STEM freshers were hired in FY25, but this number is expected to fall to a little over 150,000 in the current fiscal, according to a…
For the Union Budget 2026-2027, India’s gems and jewellery industry is urging the government for a mix of GST cuts, customs reforms and policy changes to counter global trade headwinds and improve export competitiveness. In its pre-Budget memorandum submitted to finance minister Nirmala Sitharaman, the Gem and Jewellery Export Promotion Council (GJEPC) highlighted measures aimed…
Thalapathy Vijay’s upcoming film ‘Jana Nayagan’ faces release postponement due to censor troubles and legal challenges. Vijay reportedly refuses to cut controversial political dialogues, viewing them as the film’s core message ahead of his anticipated political entry. A crucial Madras High Court verdict on January 27 will determine the film’s fate. The release of the…
Meta executive Dilmer Valecillos assures the public that the tech giant is not abandoning virtual reality, despite recent layoffs and a strategic pivot towards AI-powered wearables. While Reality Labs saw significant cuts and studios shuttered, Valecillos is now focused on VR programs, signaling continued commitment to the technology’s future. A Meta executive broke his silence…
The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…
BENGALURU: With just 17 net hires in the first nine months of the 2025-26 financial year, India’s top five IT companies eased off the hiring throttle and moved firmly into caution mode. The muted performance marked a sharp contrast to the 17,764 net additions recorded during the same period last year, highlighting how the hiring…
With visa interview appointments being deferred to March, April or even later, job prospects have become uncertain for some. (AI image) Indian H-1B visa holders are facing a fresh headache! Amidst the Donald Trump administration’s immigration crackdown, existing H-1B visa holders now face the prospect of job loss, salary cuts and local income tax payouts…
India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…
LUDHIANA: A gruesome murder in Ludhiana came to light after CCTV footage captured a couple transporting a dismembered body hidden in a household drum on a bike. The case revealed that a carpenter allegedly dismantled his friend’s body while his children played on the roof, with his wife allegedly assisting in the cleanup.Punjab Police confirmed…
