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India Immigration Bill: 7-year jail term, Rs 10 lakh fine for anyone using fake passport, visa
The new immigration bill in India proposes up to seven years of imprisonment and a fine of up to Rs 10 lakh for using fake passports or visas. It requires hotels, educational institutions, and airlines to report information about foreigners to monitor overstays and improve immigration tracking.
With startup & ecomm rush, B-schools see a busy hiring season
This hiring season saw a substantial rise in job offers at top B-schools from startups and ecommerce companies like Zomato, Flipkart, and Amazon, driven by expansions and digital transformation. Pay packages ranged from ₹20-54 lakh per annum, with notable demand in tech, product management, and operations roles.
NYT Mini Crossword March 15, 2025 hints and answers: Here’s how to solve the Saturday challenge
The NYT Mini Crossword continues to attract word lovers seeking a quick yet stimulating brain teaser.
BLA's seige of Pakistan train reveals changing face of Baloch insurgency
The Balochistan Liberation Army (BLA) has evolved into a more sophisticated and lethal militant group, executing precise and audacious attacks. The recent hijacking of the Jaffar Express highlights their strategic capabilities and the ongoing issues of alienation, deprivation, and disenfranchisement among the Baloch people, exacerbated by unfulfilled promises from the government.
Holi cheers for economy! Cooling inflation and rate cut bets may add to India’s celebrations
India celebrates Holi against a backdrop of easing retail inflation at a seven-month low of 3.61% and recent RBI repo rate cuts, providing relief to loan borrowers. Manufacturing growth and significant tax cuts in the Union Budget further boost economic activity. The upcoming wage revision for government employees is expected to increase savings and consumption, fueling further economic expansion.
Latest NPS equity returns: This pension fund has given more than 14% return from equity in one year
Despite market volatility, the DSP NPS Tier I equity scheme delivered impressive returns of 14.82% in the past year, outperforming other NPS schemes significantly. The National Pension System allows flexible investments across diverse asset classes and offers tax benefits under various sections of the Income Tax Act.
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Largest batch of 595 students at IIM Bangalore receive 650+ offers; management consulting accounts for 41%
IIM Bangalore has successfully concluded placements for its largest batch of 595 students, securing roles across 176 firms. Top sectors include management consulting, technology/product management, and investment banking, with significant participation from companies like Accenture Strategy, Boston Consulting Group, and McKinsey & Company.
Thrusting third language unacceptable, govt must be flexible: Karti Chidambaram on language policy
Congress MP Karti Chidambaram criticizes the Union Government's three-language policy, advocating for the existing two-language formula in Tamil Nadu - English and Tamil. He argues that a third language should not be compulsory. Union ministers, including Dharmendra Pradhan and Nirmala Sitharaman, defend the policy, accusing opposition parties of creating unnecessary division and denying children's educational rights.
ETMarkets Smart Talk: Patience Pays! Despite over 10% market correction, SIPs remain a powerful tool to create wealth
We see the ripple effects of this slowdown impacting corporate earnings. This slowdown we believe is cyclical in nature and there are already some initial signs of a rebound.
IIT Madras gets two extra seats in UG courses for students excelling in national, international Olympiads
Indian Institute of Technology, Madras (IIT-M) launches Science Olympiad Excellence (ScOpE) for undergraduate admissions outside the JEE (Advanced) framework, starting the academic year 2025-2026. ScOpE offers two supernumerary seats per program, focusing on students excelling in national and international Olympiads in various subjects such as Physics, Chemistry, Mathematics, Informatics, and Biology.
Destiny 2 Guardian Games 2025: Here’s start date and rewards
Destiny 2’s Guardian Games 2025 will start on March 11, alongside Episode Heresy Act 2. Players will compete in various activities to earn Medallions and class points. A new boss rush mode, Rushdown, will be introduced with multiple difficulty levels. Rewards include Gladiator-themed armor sets, a new Legendary Weapon, and returning weapons.
Even as the current storm shall soon pass, how can India prepare itself for future shocks?
Indian markets experienced a correction phase since October 2024, with equity markets declining by 14%, exchange rates depreciating by 4%, and reserves falling by $65 billion. This is not an isolated event but part of recurring episodes triggered by global developments, particularly in the US. India's strong macroeconomic policies have historically helped mitigate such shocks.
Home advantage: Domestic recruiters score big at IIMs
Domestic companies, including startups and manufacturing firms, have significantly increased hiring during final placements at several IIMs, surpassing foreign multinationals. The hiring surge is attributed to rapid economic growth, increased demand in various sectors, and government initiatives, leading to a substantial rise in job offers and competitive salary packages.
Why should America worry about Trump? Answer might be in egg prices
Democrats shift focus to everyday concerns like rising egg prices amid Trump's second term. With egg prices hitting record highs, they argue economic issues resonate more with working-class Americans than abstract constitutional debates. Efforts include highlighting Trump's alliances with tech billionaires and blaming ongoing bird flu outbreaks for surging costs.
Howard S Marks warns of less than 10% S&P returns over next 10 years, not betting on gold amid high uncertainty
We haven't had an economic-based recession since 2009. This is the longest recovery in history, if you ignore the 2020 recession. We've seen very unusual events in the last 16 years, mostly stemming from or in reaction to exogenous events. The US economy, for one, and I think that the whole world has not had a boom in that period.
Blackstone looks to return to Trans Maldivian cockpit as lenders look to exit
Blackstone is nearing a deal to reacquire Trans Maldivian Airways, eight years after selling it to a Bain Capital-led consortium. The airline, facing significant challenges due to the pandemic, is now under new lender control and may see Blackstone return as the primary owner amidst a recovery in leisure travel demand.
NYT Connections #634: Hints and answers for March 6 to solve today’s challenge
The NYT Connections puzzle remains a favorite among word game fans, offering a mix of logic, language skills, and pattern recognition. Body
I will go where the consumer is as Tata Consumer transforms from a commodity to a branded company: Sunil D'Souza
Sunil D'Souza, MD & CEO of Tata Consumer, outlines the company's transformation from a commodity-based to a branded company. Emphasizing consumer-centric strategies, Tata Consumer focuses on digital and e-commerce channels. With new businesses boasting higher growth and margins, the company aims for double-digit growth and increasing EBITDA, positioning itself for significant financial and operational advancements.
Quick commerce sector to benefit most from tax rebates as higher disposable income kicks in from May 2025: ICICI report
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
CDIL Semiconductors signs MoU with Infineon Technologies
Through this collaboration, the companies said Infineon will supply high-performance bare die wafers to CDIL, which will package them into discrete and module semiconductor products tailored for Indian customers.
Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was won
Section 87A: Tax rebate under Section 87A was not given on special rate income like STCG since July 5, 2024. Many taxpayers who could claim it were served with a tax demand notice. Now a Delhi based taxpayer who filed a case heard by Commissioner of Income Tax (Appeals) Mumbai won. The CIT (A) decided based on statistical reason this taxpayer should get Section 87A tax rebate on STCG.
Destiny 2 Guardian Games 2025: See start date, new boss rush mode and rewards
Bungie has confirmed that Destiny 2 Guardian Games 2025 will start on March 11, alongside Episode Heresy Act 2. A new boss rush mode will be introduced, where players will defeat bosses and earn rewards. The event will also feature new Gladiator-themed armor sets and a Legendary Arc Trace Rifle called Keraunios.
Financial inclusion to make India’s Viksit Bharat goal 2047 inclusive
Financial inclusion is key to achieving India's Viksit Bharat goal by 2047, ensuring growth is broad-based and equitable. Innovations in technology and policies like the JAM trinity have improved access to financial services, with a shift in focus from access to the quality and holistic well-being of financial health.
42,000 seats allotted in first lottery draw for EWS, DG category students in private schools: Sood
Delhi conducted its first computerised draw for EWS and DG category admissions in private schools. Over 42,000 seats were allocated among entry-level classes, ensuring transparency. The EWS income limit was raised to Rs 5 lakh to accommodate more underprivileged children.
South Delhi’s real estate potential pegged at Rs 5.65 lakh crore
The real estate market in South Delhi, one of India's poshest regions, is valued at Rs 5.65 lakh crore across 42 MCD regulated colonies. With consistent demand and safe investment, luxury plots in Category A and B colonies continue to attract affluent buyers and significant investment from AIFs.
Adani Group, Mukesh Ambani's Reliance Industries to invest Rs 50,000 cr each in Assam
Adani and Reliance Industries have each committed to investing Rs 50,000 crore in Assam at the Advantage Assam 2.0 Summit. Mukesh Ambani announced plans for an AI-ready Data Center, among other projects. Adani Group’s investments will span various sectors, including infrastructure and renewable energy. Tata and JSW are also set to invest significantly in the state.
Art Adviser. Friend. Thief.
Lisa Schiff, once a celebrated art adviser, confessed to defrauding clients out of $6.4 million. Her scam, which spanned several years, involved stealing funds from clients and resulted in significant personal and professional downfall.
Gurmeet Chadha on why market should not punish auto stocks fearing arrival of Tesla, BYD
Gurmeet Chadha, CIO & Managing Partner at Complete Circle Consultants, highlights the slow but beneficial adoption of new technologies, particularly in India's diverse powertrain market. He emphasizes the gradual growth of the EV ecosystem with foreign entrants like Tesla and discusses investment opportunities in various sectors, including FMCG, tourism, pharma, and power.
Rural market at inflection point offers headroom, long-term potential for growth: Marico MD & CEO
The rural market presents significant growth opportunities for FMCG companies as rising disposable incomes drive demand for branded products. Marico's CEO, Saugata Gupta, emphasizes the importance of consistent investment in rural distribution and affordability through price point packs to leverage this potential.
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