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Infosys is exiting Russia and ceasing operations there, according to the company’s CEO Salil Parekh, who made the announcement today during the company’s earnings reports for the three months and year ended March 2022. “We’ve … Read more
In the fiscal year ended March 31, 2022, software giant Infosys hired 85,000 freshers, as attrition continues to rise in the face of strong demand. The Bengaluru-based IT player announced on April 13 that it … Read more
The Supreme Court denied a petition to direct the enactment of a “universal code” for trusts, charity institutions, and religious endowments across all faiths and to repeal “special” legislation controlling waqfs and waqf properties on … Read more
In March 2022, India’s retail inflation reached 6.95 percent, the highest rate in over a year and a half, and the third consecutive month above the Reserve Bank of India’s tolerance threshold of 6%. Consumer … Read more
Foreign Secretary Harsh Vardhan Shringla convened the first meeting of an “Inter-Ministerial Coordination Group (IMCG)” involving secretaries of about ten ministries as well as senior officials from the Cabinet Secretariat and National Security Council Secretariat … Read more
As a “last resort,” Sri Lanka announced a pre-emptive default on all of its foreign debt, totaling $51 billion, on Tuesday. The island nation is grappling with a severe economic crisis. The government is implementing … Read more
Sri Lanka: On Tuesday, a supply of 11,000 MT of rice arrived from India to aid the country’s economic problems. The traditional national new year is observed by Sri Lankans. On April 13 and 14, … Read more
Following Monday’s ‘2+2’ event, External Affairs Minister S. Jaishankar met with US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo to continue his engagement with the Biden administration. Mr. Jaishankar and Ms. Tai discussed … Read more
India-US 2+2 talks: The two countries discussed a wide range of topics, including the COVID-19 response, supply chains, climate action, and global and regional issues, but Russia’s war on Ukraine and its global ramifications appeared … Read more
Mohiuddin Aurangzeb Alamgir, a key conspirator in the 2019 terror attack on a CRPF convoy in Pulwama, was designated a ‘terrorist’ by the MHA on Monday under UAPA. The suicide attack claimed the lives of up … Read more