Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected…
Maharashtra Chief Minister Devendra Fadnavis shakes hands with Emirates NBD Vice Chairman and Managing Director, Non-Independent Non-Executive Director, Hesham Abdulla Qassim Al Qassim MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from…
Social security relief extended for Indian execs in UK NEW DELHI: Indian professionals working with their company’s affiliates in the UK or on an onsite assignment will be exempted from social security contributions for five years, instead of three years agreed earlier, on producing a certificate that they are contributing to EPFO here.The move will…
Following the acquisition, Wipro’s shareholding in Aggne Global IT Services will rise from 60% to 80%, according to a regulatory filing. IT major Wipro will increase its ownership in Aggne Global IT Services to 80% after acquiring an additional 20% stake for USD 2.1 million (around Rs 19.8 crore), strengthening its presence in the insurance…
Vizag’s Bhogapuram airport will get operational later this summer NEW DELHI: Flying in and out of Visakhapatnam will cost more once the upcoming new Bhogapuram airport gets operational later this summer and then commercial flights from the existing Naval airbase will stop. Domestic passengers flying out and into Bhogapuram will pay Rs 835 and Rs…
Overall India’s in Swiss Banks fall over 8% in 10 years (Representative imag) Funds linked to Indian clients in Swiss banks declined by more than 8 per cent in 2025 to 3.25 billion Swiss francs (around Rs 36,793 crore), according to annual data released by the Swiss National Bank (SNB) on Thursday.The decline was largely…
To begin with, this means that international students and other visa holders covered by the new policy will have to seek periodical visa extensions and undergo biometrics The Office of Management and Budget (OMB) has cleared a ‘final’ regulation sent to it earlier by the Department of Homeland Security (DHS). This regulation will replace the…
India can significantly reduce its dependence on imports and strengthen long-term energy security by accelerating coal gasification projects, Union coal and mines minister G Kishan Reddy said on Thursday, as the government stepped up efforts to attract investment into the sector.Speaking at a roadshow on the Centre’s scheme for promoting surface coal and lignite gasification…
Net direct tax collections rose 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year, driven by robust advance tax payments from companies and higher securities transaction tax (STT) collections, according to government data released on Thursday, as reported PTI.The growth keeps the Centre on track to meet its…
Accenture’s shares tumbled more than 14% on Thursday after the IT consulting giant flagged the impact of the Iran war on its business, cut its annual growth outlook. Accenture’s shares tumbled more than 14% on Thursday after the IT consulting giant flagged the impact of the Iran war on its business, cut its annual growth…