ZERO TOLERANCE APPROACH
Protest erupts in Nepal against taxation on imports above 100 rupees from India
Protests have erupted in Birgunj, Nepal, against a new government directive taxing all imports from India exceeding NRS 100. This strict enforcement, aimed at curbing revenue leakage and supporting local markets, has led to widespread crackdowns at border points and significant dissatisfaction among residents who rely on cross-border purchases for daily essentials.
Samrat Choudhary signals continuity after taking over as Bihar CM; holds Janata Darbar, meets Nitish Kumar, orders anti-corruption push
Bihar's new Chief Minister Samrat Choudhary is emphasizing continuity in governance. He has directed officials towards zero tolerance for corruption and efficient service delivery. Choudhary is also engaging in public outreach through a Janata Darbar. He is reaching out to senior leaders and plans cabinet expansion soon. Departmental reviews are also on the agenda.
TCS Nashik case: A timeline of key developments and probe details
TCS Nashik case: IT major Tata Consultancy Services is facing scrutiny after serious allegations surfaced at its Nashik facility. The case centres on accusations of sexual harassment, workplace coercion and pressure linked to religious conversion at the company’s Nashik unit.
ETMarkets AIF Talk| 3M framework helps us identify sustainable compounders: Rajesh Kothari
Amid market volatility, Rajesh Kothari advocates a disciplined stock-picking approach using his 3M framework—Market Size, Market Share, and Margin of Safety—to identify high-quality companies with strong long-term compounding potential.
India’s agentic boom tests regulators; Qcomm growth hits brakes
Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
After TCS and Infosys, Tech Mahindra in row over alleged religious bias; issues statement on ‘Footwear Free Zone’ viral image
Tech Mahindra is facing online criticism after a 'Footwear Free Zone' sign went viral. The IT firm has denied allegations of religious bias and a divisive workplace culture at its Mumbai office. An internal review found the social media claims inaccurate.
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Infosys reaffirms zero-tolerance policy amid Pune harassment claims; parallel investigation deepens in Nashik TCS case
In an official statement, Infosys emphasised its commitment to employee safety. "Infosys maintains a zero-tolerance approach to any form of harassment or discrimination. Any issue reported is treated seriously and investigated by an independent committee. We encourage a 'speak-up' culture for employees to report any concern."
EU to soon roll out age-check app for social media where India could be looking to follow
European Union is launching an age-verification app to shield children online. India's Karnataka state has banned social media for under-16s, while Andhra Pradesh explores age tokens. Globally, countries like Australia, Denmark, and France are enacting similar restrictions.
Nasscom reaffirms zero tolerance on harassment amid TCS BPO case
The Indian technology industry takes misconduct and harassment very seriously. Industry body Nasscom stated this in response to allegations at Tata Consultancy Services and Infosys. Companies have strict rules and take swift action. These incidents are isolated and do not show a pattern. Infosys also confirmed it has a zero-tolerance policy for harassment.
IT companies take swift, decisive action in harassment cases: Nasscom
This follows Tata Consultancy Services coming under scrutiny following serious allegations of sexual harassment, religious misconduct, and coercion at its Nashik office. While the company has suspended the employees under investigation, the police have arrested seven individuals, and a Special Investigation Team (SIT) has been constituted to probe the matter further.
TCS BPO harassment probe deepens as police find evidence of wider misconduct
Nashik police are investigating alleged harassment at a Tata Consultancy Services BPO unit. Social media chats suggest more employees may have faced similar misconduct but are afraid to report it. Seven of eight accused have been arrested. Complaints include mental and sexual harassment, and religious insensitivity. The probe is examining a larger conspiracy and awareness within the company.
TCS Nashik: A look at the sexual harassment allegations rocking the IT major
Tata Consultancy Services is under scrutiny following serious allegations of sexual and religious harassment at its Nashik office. Investigations have led to multiple FIRs and the arrest of several employees, including an HR manager. Tata Sons chairman has ordered a thorough internal probe into the matter. The company has suspended employees involved.
TCS Nashik case: NITES approaches labour ministry, seeks POSH compliance audit in tech firm
An IT employees' body has urged the Labour Ministry to audit Tata Consultancy Services for sexual harassment compliance. This follows allegations from eight female employees at a Nashik office. The organization also called for a broader state-level audit of IT firms in Maharashtra. TCS has suspended employees involved and stated a zero-tolerance policy. Police are investigating the complaints.
Cash, culture and security: BJP unveils West Bengal manifesto
Amit Shah unveiled the BJP's West Bengal manifesto. It offers cash welfare for women, youth, and farmers. The party also promises a tough stance on border security and infiltration. Cultural identity is a key focus. The manifesto aims to bring change and stable governance to Bengal.
ETMarkets Smart Talk | Bharat investors to drive next growth wave in wealth management: Nilesh Naik
India's investment landscape is shifting as investors from smaller towns increasingly drive growth. Digital penetration in these 'Bharat' cities is expanding the investor base significantly. Platforms are adapting product design and education for this new cohort. This trend is set to redefine wealth management and boost India's investor numbers substantially over the next decade.
Vande Bharat Amul curd row: IRCTC, vendor fined ₹60 lakh, contract cancelled after worms found
Indian Railways has imposed significant penalties after a passenger found worms in curd served on the Patna–Tatanagar Vande Bharat Express. IRCTC was fined ₹10 lakh, and the onboard service provider received a ₹50 lakh penalty and contract termination. This action underscores a zero-tolerance approach to food safety lapses on premium trains.
F&O Talk | Nifty grapples with dead cat bounce syndrome as pullbacks get sold. Sudeep Shah on Olectra, IDBI, 4 more stocks
Indian stock markets closed higher Friday, boosted by IT, auto, and metal sectors, though banking stocks capped gains. Analysts express caution due to ongoing West Asian conflict, elevated oil prices, and persistent FII outflows. Nifty and Bank Nifty face resistance, with support levels identified. Auto and IT sectors show weakness, while specific stock recommendations are provided.
Inflation is eating your savings. Here’s how to beat it.
Saving diligently does not guarantee wealth. Inflation erodes savings, making real returns negligible. Systematic Investment Plans (SIPs) offer a disciplined approach to investing. Regular investments through SIPs, even small amounts, leverage rupee cost averaging. Staying invested through market volatility is key to long-term wealth accumulation. Axis Mutual Fund emphasizes this 'Stay Invested' philosophy for achieving financial goals.
Barefoot on –50°C Antarctic Ice: How Penguins Survive Where Others Would Freeze
Antarctic penguins possess a unique heat exchange system in their legs. This allows them to maintain a warm core while their feet remain just above freezing. This biological marvel prevents frostbite and conserves energy. Their behavior, like huddling, further aids survival in harsh conditions. Penguins master the cold with remarkable biological adaptations.
US stock market crashes big: Why Dow, Nasdaq, S&P 500 in deep red today? Nvidia stock crashes, Gold and Silver prices also sink
US stock market crashes big as the Nasdaq falls 1.89% to 22,715.40. The S&P 500 drops 1.15% to 6,866.44. The Dow Jones slips 177 points to 49,304.20. This sharp stock market crash today reflects rising AI bubble fears and weak earnings guidance. Nvidia stock tumbles 3.5% to $188.71 on heavy volume. Investors question high tech valuations. Gold prices fall 0.8% to $5,184. Silver sinks 4.6%. Bitcoin also trades lower near $67,000. Mixed US jobless claims add caution. Traders now await inflation data. Wall Street volatility is rising fast. Risk appetite is clearly cooling.
Striking at the heart of terror
India has unveiled a comprehensive National Counter-Terrorism Policy and Strategy to confront evolving threats across land, air, maritime, and cyber domains. It prioritizes early prevention, rapid response, and deeper international collaboration.
The World’s Quietest Place Exists, And It Changes How You Hear
The anechoic chamber at Orfield Laboratories is recognized as the quietest place on Earth, measuring at -9 dB. This extreme silence allows visitors to hear their own bodily functions, revealing how the brain adapts to a lack of external sound and highlighting the dynamic nature of human hearing and perception.
Decoding PRAHAAR: How the new policy plans to fight terrorism
India has launched PRAHAAR, its first national counter-terrorism strategy. This unified approach coordinates intelligence, policing, diplomacy, and technology. It aims to detect threats early, respond swiftly, and build resilience. PRAHAAR signals India's commitment to confronting evolving threats like cross-border networks and online radicalisation with a coordinated national effort. The strategy prioritises prevention and global cooperation.
Zero tolerance as govt unveils 'Prahaar' counter-terror policy
India has launched its first national counter-terrorism policy, PRAHAAR. This policy establishes a structured, intelligence-led framework to prevent and combat terrorism. It emphasizes prevention, swift response, and agency coordination. The strategy is proactive and intelligence-guided, focusing on curbing terror financing, dismantling networks, and countering online threats. It also addresses emerging risks like drones and cyber-attacks, reinforcing protection for critical infrastructure.
MHA releases India’s first anti-terror and cybersecurity policy PRAHAAR to boost national security; know what it is
India has launched its National Counter-Terrorism Policy and Strategy, PRAHAAR. This comprehensive plan focuses on intelligence-led operations and multi-agency coordination. It aims to prevent terror attacks, ensure swift responses, and uphold human rights. The strategy also emphasizes international cooperation and building societal resilience against extremism. India's zero-tolerance policy against terrorism guides this proactive approach.
Beyond standard deviation: How skewness and kurtosis capture market extremes
Standard deviation, while common, inadequately captures investment risk due to its equal treatment of gains and losses and assumption of symmetry. Skewness and kurtosis offer crucial insights, revealing the asymmetry and frequency of extreme returns. Combining these measures provides a more comprehensive understanding of potential upside and downside, enabling better risk management.
The Deep Sea Has “Brine Pools” That Can Kill Fish Instantly
Scientists have discovered alien-like brine pools deep beneath the ocean, forming dense, hypersaline lakes on the seafloor. These extreme environments, lethal to most marine life due to high salinity and lack of oxygen, host unique microbial communities. Researchers are studying these underwater basins for insights into life's adaptability and potential extraterrestrial habitats.
Modi govt to continue with its zero-tolerance approach towards illegal immigration, says Amit Shah
Union Home Minister Amit Shah stated that the Modi-led Indian government has committed to a zero-tolerance approach towards illegal immigration, with the National Investigation Agency (NIA) busting five international human trafficking modules across ten states. The operation resulted in 44 arrests, aiming to dismantle human trafficking support networks involved in the infiltration and settlement of illegal migrants across the Indo-Bangladesh border.
EAM Jaishankar emphasises 'zero tolerance approach' on terrorism at ARF meeting
Jaishankar, who is visiting Indonesia for the Foreign Ministers' Meetings under the ASEAN framework in the format -- ASEAN-India, East Asia Summit and ASEAN Regional Forum, also pressed for "diplomacy to address conflicts".
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