Chinese premier calls for ‘tangible, effective, accessible’ policies to aid economy

Chinese premier calls for ‘tangible, effective, accessible’ policies to aid economy

Premier Li Qiang called on China to explore and introduce incremental policies that are “tangible, effective and accessible to both the public and businesses”, as increasing external headwinds and prolonged weak domestic demand are creating challenges to the annual economic growth target. Analysts said Beijing was likely to opt for an expanding fiscal policy for … Read more

Infosys’ full-year employee strength drops for 1st time in 23 years

Infosys’ full-year employee strength drops for 1st time in 23 years

Bengaluru: The full-year headcount at IT major Infosys declined for the first time in nearly 23 years, by 25,994 in the financial year 2023-24. The full financial year headcount was 317,240 — a 7.5 per cent decrease from the previous fiscal year. “Our utilisation rate has improved from 77 per cent utilisation including trainees in … Read more