BENGALURU: Volume hiring is giving way to skills-led recruitment as tech firms narrow fresher intake to specialised roles. Even as entry-level hiring slows, companies are offering packages ranging from Rs 16 lakh to Rs 55 lakh for niche fresher roles, underscoring how skills are increasingly trumping volume. Firms are wooing select freshers with higher pay…
The Securities and Exchange Board of India on Monday floated a proposal to introduce a regulatory framework for ‘Significant Indices’, a move aimed at strengthening governance standards and improving transparency among index providers in the securities market, PTI reported.In a consultation paper, Sebi defined ‘Significant Indices’ as those administered by an index provider and used…
BENGALURU: Ola Electric Mobility on Monday said it has appointed Deepak Rastogi as its chief financial officer, effective January 20, after incumbent CFO Harish Abichandani resigned from the role citing personal reasons, according to exchange filings.In a disclosure to stock exchanges, the company said its board approved Rastogi’s appointment at a meeting held on January…
External Affairs Minister S Jaishankar on Monday held wide-ranging talks with Poland’s Deputy Prime Minister and Foreign Minister Radosław Sikorski, reviewing bilateral cooperation in economy, technology and defence while exchanging assessments on global and regional developments amid heightened international uncertainty.In a post on X after the meeting, Jaishankar said the discussions provided “an opportunity for…
The Union Budget should prioritise simpler and more predictable tax laws, alongside tax neutrality for cross-border and corporate reorganisations, to strengthen India’s appeal as a long-term destination for foreign direct investment (FDI), tax and economic experts said, reported PTI.They argued that rationalising the tax framework and lowering the cost of capital would complement ongoing reforms…
MUMBAI: IDBI Bank reported a net profit of Rs 1,935.5 crore for the quarter ended Dec 31, 2025, up 1.4% from Rs 1,908.3 crore a year earlier, aided by provision write-backs and improved asset quality. However, a sharp drop in core net interest income results in shares of the bank falling nearly 6%.Net interest income…
Kuwait Gold Prices Stable Near Record Highs Amidst Market Volatility Gold prices in Kuwait remained stable at $4,595 per ounce after a week of volatility in precious metals markets, closing firmly despite recent profit-taking and fluctuations in investor sentiment. According to a report by Kuwait’s Dar Al-Sabaik, gold futures for February delivery dipped slightly but…
Gold prices remained high on Monday as investors continued to seek safety amid rising geopolitical tensions and trade-related uncertainties.Gold and silver prices surged to fresh record levels as escalating geopolitical risks and shifting US monetary expectations boosted demand for safe-haven assets. Renewed unrest in Iran, fresh US tariff threats against several European countries over Greenland…
India is on track to overtake Germany and emerge as the third-largest economy by 2028. (AI image) India is all set to join China as an upper middle income country by the end of this decade, according to an analysis by the State Bank of India (SBI). India’s Gross Per Capita Income or GNI is…
Cryptocurrencies fell sharply on Monday as US President Donald Trump’s threat to impose new tariffs on eight European countries rattled risk assets and boosted demand for safe-haven assets. Bitcoin slid 3.6% to below $92,000, while other major tokens also saw a sharp decline.Ether, the second-largest digital asset, dropped 4.9%, and Solana fell 8.6% as traders…
