Indian shares reached new highs on Thursday as traders reacted positively to the US inflation report, which suggests the Federal Reserve may control prices without causing a recession. Tata Consultancy Services CEO K Krithivasan stated that the recent recruitment scandal at the company was a one-off violation and had no impact on client relationships. The GST Council has decided to impose a 28% GST on online gaming, which has been criticized by the industry for potentially damaging FDI and employment.
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