This article from the India Business Briefing discusses India’s position as the fourth-largest economy, as projected by Niti Aayog and the IMF. It highlights the potential impact of a new US tax bill imposing a 3.5% levy on international remittances, particularly affecting Indians working in the US, as they send significant amounts home. Additionally, it mentions Tata Consultancy Services’ investigation into a cyber attack on Marks and Spencer, which resulted in substantial financial losses for the retailer.
