MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India. Illustration: Dominic Xavier/Rediff The central government will soon come out with
President Donald Trump on Tuesday claimed that BRICS was established to “hurt” the US and “degenerate” the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff. Photograph: David Dee Delgado/Reuters Trump
Fuelled by the global capability centre (GCC) boom, gross leasing of office space across top eight cities soared 5 per cent to touch 21.4 million square feet (msf) in the second quarter of calendar year 2025, according to Cushman &
Benchmark BSE Sensex closed higher by 270 points on Tuesday, helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. Photograph: Shailesh Andrade/Reuters After moving in a narrow range for most
The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to expand their business. Photograph: Francis Mascarenhas/Reuters The proposed relaxations of the
The US on Monday decided to delay imposing its “Liberation Day” reciprocal tariffs until August 1, allowing more time to iron out issues between New Delhi and Washington before finalising an interim trade deal. Photograph: Elizabeth Frantz/Reuters On April 2,
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. Illustration: Dominic Xavier/Rediff A
Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday. Photograph: Carlo Allegri/Reuters Overall automobile registrations last
Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment. Illustration: Uttam Ghosh/Rediff While the
The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs
