Daily Latest News
State-run BSNL is unable to compete with private telecom operators in the absence of 4G and 5G services due to which there is no restraint on mobile service providers from raising tariff, BSNL Employees Union said on Tuesday. BSNL Employees Union in a letter to the union communications minister Jyotiraditya Scindia said that the recent…
India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion, according to a UNCTAD report. Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality. With an 8.9 per…
The intent to hire freshers in the media and entertainment industry showed a decline of 3 per cent during the first half of this calendar year (January-June), according to a report. However, the overall intent to hire freshers rose 6 per cent year-on-year, as per the TeamLease EdTeach’s Career Outlook Report HY1 (January-June 2024). Around…
The Pragati Maidan tunnel that had been closed due to waterlogging following last week’s heavy rain in Delhi reopened for the public on Monday, officials said. Public works department officials said traffic movement in the tunnel resumed on Monday after it was cleaned. The tunnel had been closed since June 28. According to India Meteorological…
The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it competes with others in the region for foreign capital. President Ferdinand Marcos Jr, who is on a three-day working visit in Germany, secured…
India is set to see significant employment growth in the first half of the current fiscal year (FY25) across key industries, led by healthcare, pharma, automotive, manufacturing, engineering and infrastructure sectors, a report showed on Thursday. The country’s employment market is likely to see an expansion of more than six per cent in the first…
Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh. This came after the brothers failed to pay the fine imposed on them…
DBS Bank India has announced the launch of a pre-shipment financing solution aimed at empower SMEs in the country, in partnership with Receivables Exchange of India Ltd (RXIL), the first Reserve Bank of India-licensed exchange platform under the Trade Receivables electronic Discounting System (TReDS). The Trade Receivables electronic Dscounting System or TReDS is a digital…
International Road Federation (IRF) on Wednesday urged the Goods and Services Tax (GST) Council and the Ministry of Finance to reduce tax on helmets from 18 per cent to nil, to encourage the use of the safety gear. IRF in a statement said two-wheeler riders are most vulnerable during road accident fatalities and lowering GST…
More than six in 10 Indians (67 per cent) said that the majority of their mobile banking logins are simply to check account balances, a new report said on Monday. According to the global IT services firm Accenture, only 42 per cent of respondents rated their primary bank’s customer service as excellent and more than…