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Indian markets resilient in uncertain times: Sebi chief

NEW DELHI: India’s capital markets have remained resilient and recorded strong and sustained growth against the backdrop of geopolitical tensions, trade uncertainties, tariff barriers, the pandemic and emerging challenges such as AI, Securities and Exchange Board of India chairman (Sebi) Tuhin Kanta Pandey said on Friday.“This shows the underlying strength of our market institutions and…

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In turnaround, Indian national Nikhil Gupta pleads guilty in Khalistani’s murder-for-hire case

TOI correspondent from Washington: In a dramatic courtroom reversal, Indian national Nikhil Gupta on Friday pleaded guilty to federal charges linked to a foiled plot to assassinate Gurpatwant Singh Pannun, a Khalistani separatist leader and U.S. citizen. The 54-year-old Gupta, appearing before US Magistrate Judge Sarah Netburn, admitted to three counts: murder-for-hire, conspiracy to commit…

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‘Plumbers of the tech world’: Why Indian IT sector shouldn’t worry about AI impact – JPMorgan explains new areas of work

Drawing a practical analogy, the JPMorgan report calls IT firms the ‘plumbers of the technology world’. (AI image) India’s IT sector is witnessing an unprecedented rout with stocks tanking on fears of artificial intelligence making the main roles at technology sector giants redundant. It’s a selloff like never before – but is the situation so…

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Connectivity boost for ‘Chicken neck’! Indian Railways announces underground rail route through Siliguri Corridor; check route and key details

India’s “Chicken neck” is all set for a new connectivity boost!In a bid to strengthen regional connectivity to India’s North-eastern States, Indian Railways has announced plans to construct a new underground railway line through the Siliguri Corridor, commonly known as the “Chicken’s Neck”. Union minister for railways, information & broadcasting and electronics & information technology,…

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Zero reciprocal tariff available to Indian textile exports too: Piyush Goyal clarifies on US trade deal after Bangladesh agreement

Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade deal…

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Rs 260 crore settlement for family of Indian student killed by US police officer — what is the case about?

The family of a 23-year-old Indian student killed by a speeding police officer in Seattle has secured a $29 million (around Rs 260 crore) settlement, news agency AP reported.“Jaahnavi Kandula’s death was heartbreaking, and the city hopes this financial settlement brings some sense of closure to the Kandula family,” AP quoted city attorney Erika Evans…

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H-1B visa under threat: US lawmaker introduces EXILE Act; what it means for Indian applicants |

Greg Steube, a Republican congressman representing Florida’s 17th Congressional District, has introduced legislation seeking to eliminate the H-1B visa programme altogether. As per the press release, dated February 9, Steube proposed the Ending Exploitative Imported Labor Exemptions (EXILE) Act, a bill that would amend the Immigration and Nationality Act to terminate the H-1B category. Home…

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