H-1B visa row: ‘Indians are also being laid off’ – Perplexity AI founder’s big statement amid Trump, Elon Musk’s stand

H-1B visa row: ‘Indians are also being laid off’ – Perplexity AI founder’s big statement amid Trump, Elon Musk’s stand

Aravind Srinivas, who established Perplexity AI (valued at $9 billion), has become involved in the US immigration policy discussion. H-1B visa row: The ongoing dispute regarding Indian immigrants and H-1B visas within US President-elect Donald Trump‘s circle lacks factual basis, according to Perplexity AI founder Aravind Srinivas. The IIT alumnus, currently on an H-1B visa…

Read More
Indian Railways employees take note! Home delivery of medicines from Railway-run hospitals may start soon

Indian Railways employees take note! Home delivery of medicines from Railway-run hospitals may start soon

Indian Railways currently serves approximately 10 million beneficiaries through 129 hospitals and 586 health units. (AI image) Indian Railways is currently in discussions with with online pharmacy services to enable doorstep delivery of medicines from its network of hospitals, according to officials. RailTel Corporation of India Limited plans to seek tenders in January 2025 for…

Read More
High employee attrition of 25 per cent in private banks pose operational risk: RBI Report

High employee attrition of 25 per cent in private banks pose operational risk: RBI Report

NEW DELHI: Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24. Employee attrition rates are high across select private sector banks and small finance banks (SFBs),…

Read More
Budget 2025-26: CII calls for cut in excise duty on fuel, consumption vouchers to stir demand

Budget 2025-26: CII calls for cut in excise duty on fuel, consumption vouchers to stir demand

NEW DELHI: Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum. This…

Read More
Foodgrain output set to scale new peak in 2025 as farm sector eyes 4% growth

Foodgrain output set to scale new peak in 2025 as farm sector eyes 4% growth

NEW DELHI: India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in pulses and oilseeds production as the country’s agricultural sector shows signs of robust recovery. The Agriculture Ministry’s initial projections paint an optimistic picture, with kharif (summer) foodgrain production estimated at a record…

Read More
Reliance acquires Karkinos Healthcare for Rs 375 crore

Reliance acquires Karkinos Healthcare for Rs 375 crore

NEW DELHI: Billionaire Mukesh Ambani‘s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India’s most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in…

Read More
India’s electronics sector eyes major growth, with 12 million jobs projected by 2027

India’s electronics sector eyes major growth, with 12 million jobs projected by 2027

NEW DELHI: India’s electronics industry is on the brink of a transformative phase as it targets USD 500 billion in manufacturing output by 2030, according to TeamLease report.Achieving this goal will require the sector to expand fivefold in the next five years, addressing a USD 400 billion production gap. Presently, the industry’s domestic production stands…

Read More