Over 32 pc of global GCC talent is currently in India: FM Sitharaman

IANS | July 14, 2025 9:05 PM

New Delhi, July 14 (IANS) India has become a leading source of AI talent, currently housing 32 per cent of the global GCC talent pool, 28 per cent of the world’s STEM workforce, and 23 per cent of global software engineering talent, Finance Minister Nirmala Sitharaman said on Monday.

Nelco’s Q1 net profit slumps over 60 pc, expenses rise 8.5 pc

IANS | July 14, 2025 6:41 PM

Mumbai, July 14 (IANS) Tata Group-backed Nelco Limited on Monday reported a sharp decline in its consolidated net profit year-on-year (YoY) for the first quarter (Q1) of FY26, with profits plunging 60.52 per cent to Rs 1.80 crore, compared to Rs 4.56 crore in the same period previous year (Q1 FY25).