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$25 billion to be invested in India, Google, Amazon CEOs Sundar Pichai, Andy Jassy reveal big plans

$25 billion to be invested in India, Google, Amazon CEOs Sundar Pichai, Andy Jassy reveal big plans

During PM Modi’s visit to the US, Sundar Pichai, Google CEO and Andy Jassy, CEO of Amazon, announced big investment plans after their talks with Prime Minister Narendra Modi. This is an exciting step for India’s digital landscape.

These initiatives are intended to promote local language content, foster digital transformation, open up new job opportunities, and increase international trade in Indian goods.

CBIC slaps Rs 942 crore demand notice on HDFC Life Insurance Company

CBIC slaps Rs 942 crore demand notice on HDFC Life Insurance Company

The investigative wing of the Central Board of Indirect Tax and Customs (CBIC) has slapped a show cause-cum-demand notice on HDFC Life Insurance Company for an amount of Rs 942.18 crore.

This notice pertains to charges of wrongly availing the input tax credit without the underlying supply of services.

TCS say no recruitment fraud; issue relates to breach of Code of Conduct

TCS say no recruitment fraud; issue relates to breach of Code of Conduct

Tata Consultancy Services (TCS), India’s largest IT services player, in a statement said that the media report suggesting the involvement of senior executives in bribes for jobs from recruitment firms relates to a breach of the company’s Code of Conduct by certain employees and vendors. It also said that there was no financial impact and does not involve any fraud.

TCS made these clarification to the exchanges in a filing, as a media report said that senior executives involved in hiring thousands of personnel took bribes from staffing firms. The story also stated that TCS’s Resource Management Group (RMG) head has been accepting commissions from staffing firms.

Learn & earn: Monthly stipend of Rs 10,000 for youth in Madhya Pradesh

Learn & earn: Monthly stipend of Rs 10,000 for youth in Madhya Pradesh

The Madhya Pradesh government will impart industry-oriented training to youngsters and pay them a monthly stipend of Rs 8,000 to Rs 10,000 for a year under the Mukhyamantri Sikho Kamao Yojana (learn-and-earnscheme). The scheme aims to make the state’s youngsters self-reliant. The initial target is to make 100,000 youngsters in the state proficient in more than 800 courses in 46 sectors, such as manufacturing, engineering, management, marketing, tourism, hospitals, railways, information technology, and banking, among others.

Chief Minister Shivraj Singh Chouhan recently said skill development training would be linked with employment.

17 opposition parties decide to fight unitedly against BJP in 2024 LS polls

17 opposition parties decide to fight unitedly against BJP in 2024 LS polls

As many as 17 opposition parties on Friday resolved to fight the 2024 Lok Sabha elections unitedly to defeat the BJP and work with flexibility by setting aside their differences.

Addressing a joint press conference after an almost four-hour-long meeting, during which leaders of 17 parties expressed their views, Bihar chief minister Nitish Kumar said the leaders will meet in the next few days to give final shape to their plan of fighting together.

Gold price declines Rs 430 to Rs 59,020, silver falls Rs 400 to Rs 71,100

Gold price declines Rs 430 to Rs 59,020, silver falls Rs 400 to Rs 71,100

Gold price fell Rs 430 in Saturday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 59,020, according to the GoodReturns website. Silver price was down Rs 400, with 1 kg of the precious metal selling at Rs 71,100.

The price of 22-carat gold declined Rs 400 with the precious metal trading at Rs 54,100.

PM Modi praises US Congress for coming together while taking veiled swipe at Rahul Gandhi

PM Modi praises US Congress for coming together while taking veiled swipe at Rahul Gandhi

Prime Minister Narendra Modi has lauded the members of the US Congress for coming together to celebrate their country's ties with India, saying there must be a contest of ideas at home but people must also come together as one while speaking for the nation.

Modi's remarks in his address to a joint session of the US Congress on Thursday came against the backdrop of Rahul Gandhi's frequent swipes at his government during his visits abroad, which the ruling BJP has often projected as the opposition leader's bid to malign the country from foreign soil to target the central government.

Intel India chief Nivruti Rai resigns, successor to be announced soon

Intel India chief Nivruti Rai resigns, successor to be announced soon

Intel India Chief Nivruti Rai has resigned from the company after working for 29 years. She was the head of Intel's operations in India and vice-president of Intel Foundry Services. She started at Intel in February 1994 as a design engineer.

Releasing a statement at her exit, Intel said that the company is grateful to Nivruti for the tremendous progress Intel India has made under her leadership.

Phase-I construction of Ayodhya's airport to be completed by August

Phase-I construction of Ayodhya's airport to be completed by August

The first phase of construction of the Maryada Purushottam Shri Ram International Airport located in Ayodhya is expected to be completed by August this year.

As Indian airlines gear up for flights to Ayodhya, the airport will become a major transit point for pilgrims from across the world as the construction of the Ram Temple nears completion in the city.

Sky not the limit for India-US partnership, says PM Narendra Modi

Sky not the limit for India-US partnership, says PM Narendra Modi

India and the US upgraded their strategic partnership by a few crucial notches on the second day of Prime Minister Narendra Modi’s “state visit” to Washington, DC, with the signing of agreements spanning mega defence deals, semiconductors, critical minerals, cooperation in critical and emerging technology, artificial intelligence, quantum computing, telecommunications and space cooperation on Thursday.

The US could introduce in-country renewable H-1B visas, and it will open consulates in Bengaluru and Ahmedabad, while India will establish a mission in Seattle.

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