New Delhi: US tech giant Amazon on Monday announced the opening of its second largest office in Asia in Bengaluru. The 12-storey campus spanning across 1.1 million square feet, will…
Category: Economy
GCCs in India transition from back office to global growth engines: Report
New Delhi: India’s GCC office market transition from cost‑cutting centres or back offices to global growth engines marks a watershed moment in the country’s economic history, a report said on…
Markets end higher as PSU banks, healthcare stocks lead gains; Sensex closes 479 points higher
Mumbai: Indian stock markets extended their gains for the second straight session on Monday, supported by buying in PSU banks and healthcare stocks. Positive global cues also boosted investor sentiment…
‘Pakistan’s poverty level jumps to 11-year high amid govt claims of economic revival’
New Delhi: While the Pakistan government claims that the country’s economy has been revived from the brink and is now stable, the harsh reality is that poverty has climbed to…
Man who worked 50 years in a company was fired without any severance, Redditt post sparks concerns about senior employees
New Delhi: A Reddit user recently shared a case about his manager in his 70s who had worked for the same company for more than fifty years but was fired…
Gold and Silver rally boosted your portfolio? Lock in gains without increasing your tax outgo
New Delhi: Investors who have made gains in gold or silver this year have an opportunity to lock in profits without significantly increasing their tax burden. With precious metals delivering…
Gold jumps Rs 1,59,749 per 10 grams over growing geopolitical tensions
Mumbai: Gold and silver prices surged significantly on Monday, amid growing geopolitical tensions and the US dollar’s steep fall. MCX gold April futures gained 1.83 per cent to Rs 1,59,749…
IDFC First Bank shares hit 20% lower circuit over Rs 590-crore fraud
Mumbai: Shares of IDFC First Bank hit the 20 per cent lower circuit on Monday after the lender reported fraudulent transactions worth about Rs 590 crore, allegedly committed by its…
IDFC First Bank loan fraud probe explained: Hundreds of crores under scanner, agencies launch investigation
New Delhi: Recently, IDFC First Bank became the center of a financial controversy when an alleged fraud was uncovered connected to one of its borrowers. Here’s a clear, step-by-step explainer…
ITR refund delay: Taxpayer lost Rs 1.5 lakh over fake refund message; how to identify Red flags
New Delhi: Even as the issue of refund delays are concerning tax payers, an episode of ITR refund fraud has come to the limelight. Reportedly, fraudsters have duped a tax…