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IT workers, has filed a formal complaint with the Ministry of Labour and Employment against TCS, alleging that the company has been systematically forcing more than 2,000 employees to relocate to different cities without proper notice or consultation. “We have urged the Ministry of Labour and Employment to investigate TCS's actions and take appropriate measures to protect IT workers from such unethical practices," NITES, President, Harpreet Singh Saluja said in a statement. According to NITES, TCS has received over 300 complaints from employees who were subjected to these forced transfers.

In the wake of existential threat that stares at the planet, every institution and individual is urged to do their bit for the environment. Financial institutions are expected to fund these projects for the betterment of humanity and for the planet we inhabit. 

Reserve Bank of India (RBI) has deferred the deadline for introduction of a new penal charges regime by three months from Jan 1 2024 to April 1, 2024. This extension has been given for the new loans, while the existing loans are meant to be migrated to the new penal regime by June 30, 2024. This was announced in a recent RBI notification released on Friday.

mutual funds to invest for 5-10 years, not only is the answer straightforward, but the process by which the answer is arrived at is almost self-evident. However, bigger, conceptual problems are not simple to reason. For instance, consider a question like, ‘What should my overall financial strategy be?’ The answer needs to incorporate longterm goals, spending habits, income levels, and family situations into a comprehensive plan that evolves with time.

investors. The first shocker came when an amendment to the Budget did away with the indexation benefit that debt funds enjoyed. Capital gains from debt funds, which used to be taxed at 20% after indexation, were now to be taxed at the slab rate applicable to the individual.

new year is all about hope and renewal. To not be moved by January 1, you have to be a professional cynic of the highest order. If you caught dawn today, you'll have given it an extra pizzazz.

The Prime Minister’s Office (PMO) is examining the national e-commerce policy to understand its potential impact on domestic retailers and small players, two people aware of the matter said. “The policy is in its final stage and will be released soon after the approval by the PMO," said one of the people, adding the much-awaited policy will protect the interests of both consumers and industry.

Shimla had recorded more than 80 per cent occupancy on New Year. The hotel and allied industries were pinning hopes on 'white New Year' but chances of snowfall appear very bleak.

Narendra Modi hopes to equal Jawaharlal Nehru's record of returning to the PMO thrice in a row, the new year is also being seen by many as one of the toughest periods for the Congress in its 138-year journey. It will also mark 40 years since Congress scaled its electoral peak in 1984 winning a record 414 Lok Sabha seats. With just 48 seats in the Lower House of Parliament now, the party has experienced a steady decline in the last 10 years.

John Wick 5, from its release status to the speculated cast.

Punjab Chief Minister Bhagwant Mann about discrimination over the selection of tableaux for the Republic Day Parade 2024, Ministry of Defence sources on Sunday said that the Punjab tableau did not align to the «broader themes» of this year's tableau. According to the sources, the tableau proposal of Punjab was considered in the first three rounds of meetings of the Expert Committee. After the third round of meetings, the tableau of Punjab could not be taken forward by the Expert Committee for further consideration for not aligning with the broader themes of this year's tableau, the sources. Furthermore, as per the MoD sources, West Bengal's sources were also rejected for the same reasons.

Mumbai Trans Harbour Sea Link: All you need to know The engineering marvel will take off at Sewri in south Mumbai, crossing over Thane Creek and terminating at Chirle in the distant outskirts of Navi Mumbai. It has been in the making since 2018. Originally expected to be completed in 4.5 years, the infrastructure project was delayed by eight months due to Covid-19 pandemic.

cold wave took Delhi-NCR in its grip on December 31, with a thick layer of fog covering the capital city and nearby areas. On the last day of the year, fog badly disrupted transportation and sent train schedules haywire, news agencies reported. Areas including Delhi, Haryana and Uttar Pradesh, are currently grappling with moderate to dense fog.

International Year of Millets (IYM), is over, can we ask how effective it was? The Indian government put in major effort, from the topmost level, into promoting millets as healthy, sustainable crops. There were policy initiatives, extensive publicity, and everyone from corporates to state governments to self-help groups enthusiastically promoting millets. Measured purely by visibility and awareness, it was a huge success.

foreign airlines including British Airways, Etihad, Thai Airways and Qatar Airways been questioned by the Directorate General of GST Intelligence (DGGI) over allegations of tax evasion which have run into hundreds of crores of rupees, TOI reported on Sunday. The DGGI has questioned these executives over allegations of these carriers’ booking expenditure related to their India operations with their overseas head offices in the last month. Citing sources, TOI reported that the DGGI has requested documentation from these airlines covering every expense incurred by the international carriers for their operations in India. This may include aircraft leasing, crew and ground staff costs, fuel for the aircraft, and any additional maintenance or repair expenses. For the first time, Indian authorities have requested that international airlines report all of their expenses relating to India and pay taxes for services provided here under the new GST regime.

premium spirits and performances will be on offer tonight, so expect to cough up more cover charges for tables and reservations at restaurants, pubs, and bars. At Khubani in Delhi's Aero City, a table for a couple will cost ₹40,000 which to be redeemable on food and drinks and the party's expected to go on till the wee hours of morning. «Our per head cover charges tomorrow (Sunday) can range from ₹8,000 to ₹20,000 depending on the outlets as we would like to avoid overcrowding and would like a select gathering.

Jammu and Kashmir police Rashmi Ranjan Swain on Saturday said the number of local militants active in the union territory is all time low at 31 but the war is not just against the gun wielding militants but also against those who endorse and glorify their narrative. The J&K police chief, while addressing the end of year press conference in Jammu presented a detailed outlook of the work police has done over the past 12 months across the UT. He said that the region is currently passing through a historic and important phase witnessing a significant socio-political and economic change.

Amit Shah on Saturday released 12 reference books related to the recently enacted criminal justice laws and said the books have lucidly brought out changes made in the laws in a concise and simple manner. Hailing the publishers for the reference books on the three laws, Shah said the books also give case law commentaries for easy understanding. The three new laws — the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act — got Parliament's approval last week and the president gave her assent on December 25.

BSE Sensex rose around 20 per cent in 2023, their second-best year since 2017, and were among the top-performing stock indexes globally. The broader small- and mid-caps gained about 55.62 per cent and 46.57 per cent in 2023, far outperforming the blue-chip indexes despite valuation concerns. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.

India is anticipated to experience a notable upswing in liquefied natural gas (LNG) imports in 2024, with projections suggesting a substantial 7 per cent-8 per cent year-on-year increase. This surge is expected to be driven by heightened demand across key sectors, including power, industrial, and transportation, coupled with infrastructure development in anticipation of national elections, as per S&P Global. Ayush Agarwal, an LNG analyst at S&P Global Commodity Insights, highlighted that while the fertilizer sector remains the largest consumer of LNG, the power and industrial sectors are poised to contribute significantly to the import upswing if spot prices align closely with the levels witnessed in 2023. Agarwal said, «India's LNG imports will continue to increase, with an expected 8 per cent year-on-year growth in 2024. While the fertilizer sector will remain the largest consumer of LNG, the power and industrial sectors could contribute to an increase in imports if spot prices average close to 2023 levels». India's current gas-based power capacity stands at approximately 25 GW, translating to a demand for approximately 30 million-35 million mt/year of LNG. Industry sources based in Singapore suggest that a few gas-based power units, historically reliant on domestic gas due to high LNG prices, are likely to transition back to LNG consumption in 2024 owing to the anticipated weakness in LNG prices. An industry source based in Singapore said, «India currently has about 25 GW of gas-based power capacity installed.

The financial landscape is ever-changing, influenced by global events, economic shifts, and individual aspirations. As we step into a new year, crafting a comprehensive financial roadmap is essential to navigating the uncertainties and capitalizing on opportunities that may arise in 2024.