India’s maiden International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City) at Gandhinagar has been a path breaking financial reform, underpinning the country’s increasingly liberal outlook towards capital account convertibility, according to the Economic Survey report released on Tuesday. “Globally, International Financial Centres (IFCs) have assumed prominenceContinue Reading
The Narendra Modi government plans to introduce 19 new bills, including The Inter-Services Organisation (Command, Control and Discipline) Bill that aims to empower the commander- in-chief or the officer-in-command of inter-services organisations for maintenance of discipline and proper discharge of their duties. A total of 26 bills, including seven pendingContinue Reading
Union finance minister Nirmala Sitharaman will present the Union Budget 2023 in the Lok Sabha in a few hours from now. It will be the last full budget of the Narendra Modi government before it faces the general elections in the summer next year. When the finance minister begins herContinue Reading
The micro, small and medium enterprises (MSME) sector has posted smart recovery from pandemic-induced shock, with the goods and services tax (GST) paid by the sector in fiscal year 2022 exceeding the pre-pandemic level in FY20, the Economic Survey tabled in parliament on Tuesday noted. Despite a difficult economic environment,Continue Reading
The director of global mental health and well-being at Google has announced that she was among the 12,000 employees recently sacked in the company’s biggest-ever round of layoffs. San Francisco-based Kristin Maczko had been a part of the software giant’s workforce for the last 15 years. In her LinkedIn post,Continue Reading
While hundreds of thousands of people continue to be impacted by massive layoffs by tech giants amid an economic slowdown, the internet was left impressed with a woman who claimed to have received a new job offer with a 50 per cent hike just three days after she was fired.Continue Reading
Ahead of the Budget session of Parliament, Prime Minister Narendra Modi on Tuesday said that India’s Budget will attempt to meet the hopes and aspirations of the common citizens amid the unstable global economic situation. “Our Finance Minister will present one more Budget before the country tomorrow. In today’s globalContinue Reading
The International Monetary Fund (IMF) on Tuesday released its latest projections on world economic growth and predicted a dip in the Indian economy from 6.8 per cent in 2022 to 6.1 per cent in 2023. But India is expected to grow at 6.8 per cent again in the financial yearContinue Reading
A former Google employee has accused the tech giant of firing him after he rejected a woman executive’s alleged advances, according to a lawsuit filed in November. Ryan Olohan claimed that Tiffany Miller felt him up during a company dinner at Chelsea, Manhattan, in December 2019, The New York PostContinue Reading
Finance Minister Nirmala Sitharaman on February 1 will present the Union Budget for the fiscal year 2023-24. This budget is the Modi government’s final full budget prior to the 2024 Lok Sabha elections. Like the previous two Union Budgets, this will also be delivered in paperless form whose preparation commencedContinue Reading