NEW DELHI: RBI deputy governor Poonam Gupta Friday said that India has strong macroeconomic fundamentals, which can help it sustain 7.5% growth with low inflation, and added that she was not seeing a major impact on the balance of payments situation due to the West Asia conflict.At a conference organised by the Isaac Centre for…

Banks will remain closed in several parts of the country on Friday, June 26, on account of Muharram (Yaom-e-Shahadath), Last Day of Moharam and Ashoora. However, bank branches will continue to operate in some cities, according to the Reserve Bank of India’s (RBI) holiday calendar.Banks will remain open on June 26 in these citiesBank branches…

Representative image (Picture credit: Reuters) India has allowed four Chinese power equipment manufacturers with production facilities in the country to participate in government tenders for critical power projects, according to a finance ministry order dated June 24.The exemption applies to TBEA Energy, Nanjing Electric India, New Northeast Electric India and Taikai Electric (India).The order follows…

BENGALURU: High attrition among Gen Z employees is driving a surge in backfilling across India’s global capability centre (GCC) ecosystem, even as overall hiring demand witnesses a sharp rebound.A report by Quess Corp shows Gen Z tenure has dropped below 24 months, with companies facing a 40% replacement hiring rate-meaning nearly two in five roles…