Business
Indian IT industry not H-1B dependent, says Infosys CEO
Infosys CEO Vishal Sikka has refuted the general impression that the Indian IT industry is overly dependent on H-1B visas for its business mode, amid the Trump administration's crackdown on firms abusing the visa system to hire foreign workers on a low wage. Sikka also believes that the Indian IT companies need to grab the opportunities provided by new technologies like artificial intelligence in a big way to retain its global leadership edge in this fast changing infotech environment
RBI sets rupee reference rate at 64.6025 against dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 64.6025 against the US dollar and 71.9413 for the euro
Tractor industry may record volume growth of 10% in FY18:ICRA
The Indian tractor industry is expected to record a volume growth of 9-10 per cent in the current financial year, mainly supported by healthy monsoon, according to rating agency ICRA. "Healthy monsoon expectation, coupled with good reservoir levels, augurs well for farm output in the current fiscal
Sensex in line with Asia, gains 146 pts; Nifty tops 9,600
The Sensex made a good start today latching onto the progress made on the GST front by bouncing over 146 points and the NSE Nifty retook 9,600 amid a rising trend in Asia. Risk-on improved after the GST Council yesterday relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the July 1 launch date
India ranked top exporter of ICT services: UN report
India has been ranked the top exporter of information and communication technology services in a new UN report which highlighted the rise of the country as an emerging innovation center in Asia
Father’s day special: Flipkart gives offer on Iphone 6
Flipkart is spearheading the offer train for Apple fans as Father’s Day nears. From Thursday, June 8 to Saturday, June 10 Flipkart is offering the iPhone 6 (16GB) at a price point that is under the Rs. 30,000 mark.
Wholesale price inflation falls to 2.17 per cent in May, from 3.85 per cent in April
Wholesale price inflation falls to 2.17 per cent in May, from 3.85 per cent in April