The Asia Cup 2025 is tentatively scheduled to commence on September 5, culminating in the final on September 21. According to the initial schedule, India is poised to face off against Pakistan on September 7. With participating nations nearing government clearances, the tournament is likely to be held in the UAE.
The Cabinet has approved the Rs 1-lakh crore Employment Linked Incentive (ELI) scheme to generate over 3.5 crore jobs in the organised sector. Announced in July 2024, the scheme aims to address concerns about job creation amid a rising number of job seekers. It targets first-time employees and encourages manufacturing companies to hire more, offering financial incentives to both.
Bihar is set to revise its electoral rolls. The goal is to stop people from voting in their hometowns while living elsewhere. Many migrants keep their votes in their native states. They travel back just to vote. The Election Commission wants people to vote where they live. This revision aims to fix this issue.
India and the US are engaged in intense trade negotiations in Washington, aiming to finalize an interim trade agreement before the July 9th deadline, when reciprocal tariffs could be reinstated. India seeks improved market access for its workforce-intensive products, while the US desires duty reductions in agriculture and dairy.
Infosys and Cognizant are embroiled in a fierce legal battle over alleged anti-competitive practices in the US healthcare IT sector. Infosys accuses Cognizant of undermining its Helix platform by recruiting key personnel, including former Helix leader Ravi Kumar S. Cognizant, in turn, claims Infosys misappropriated trade secrets related to its TriZetto software.
