Business
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Spotify announces to cut 17 per cent of jobs, third round of layoffs this year
New Delhi: Music streaming giant Spotify on Monday announced to eliminate about 17 per cent of its workforce across the company as it looks to become “both productive and efficient”. Spotify founder…
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Plastic pollution from cigarettes costs $26 bn a year globally: Study
Hong Kong: A significant study has revealed that plastic pollution from cigarettes costs $26 billion a year and China, where half of the world’s cigarettes are smoked contributes around 20 per cent…
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Outcome of state election results hints at continued uprun in market
New Delhi: The outcome of state election results hints towards continued uprun in the market, Dhiraj Relli, MD & CEO at HDFC Securities, said on Monday. While part of the outcome was…
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India’s energy requirement set to double by end of this decade: Mukesh Ambani
New Delhi: India’s energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday. Speaking at the 11th convocation of Pandit Deendayal…
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Walmart joins list of big firms who pulled ads from Elon Musk’s X
San Francisco: Retail giant Walmart has confirmed that it is not advertising on Elon Musk-run X (formerly Twitter), according to a report by CNN. “We aren’t advertising on X as we’ve found…
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Google’s new AI experiment lets you create music inspired by instruments
San Francisco: Google’s new AI-powered experiment — “Instrument Playground” lets you create music inspired by instruments from around the globe. Google will let you choose one of over 100 instruments from around…
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Microsoft announces general availability of ‘Copilot’
San Francisco: Microsoft has announced that Copilot (formerly Bing Chat and Bing Chat Enterprise) is now generally available and no longer in preview. The company launched the Copilot in preview in February.…
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OpenAI delays launch of GPT Store to next year
San Francisco: OpenAI has delayed the launch of its GPT Store to next year, according to an email sent to people who signed up for its GPT Builder. In the email, OpenAI…
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WhatsApp bans over 75L bad accounts in India in Oct
New Delhi: Meta-owned WhatsApp banned a record over 75 lakh bad accounts in India in the month of October, in compliance with the new IT Rules 2021. Between October 1-31, the company…
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Apple may add tetraprism zoom lens to both iPhone 16 Pro models: Report
San Francisco: Apple is likely to bring tetraprism camera technology to both iPhone 16 Pro models next year, which will enable at least 5x optical zoom and 25x digital zoom on the…
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Market momentum pushes Sensex above 67K
New Delhi: The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news are positive, says V.K. Vijayakumar,…
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Oil prices rise as OPEC plus cartel nears deal on production cuts
New Delhi: Crude oil prices have started firming up again in the international market as the OPEC+ cartel is reported to be on the verge of signing an agreement to cut production…
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RBI fines HDFC Bank and Bank of America
Mumbai: The Reserve Bank of India has imposed fines on HDFC Bank and Bank of America under the powers vested in it through sections of the FEMA. While HDFC has been fined…
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India’s fiscal deficit crosses Rs 8 lakh crore in 7 months
New Delhi: India’s fiscal deficit for the first seven months of the current financial year stands at Rs 8.04 lakh crore, which is 45 per cent of the estimate for the full…
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Burnout affects 27% of employees in big Indian firms, women worst hit: Report
New Delhi: In 2023, burnout risk remained a concern, affecting 27 percent of employees in large Indian companies, which is three percent higher compared to their mid-sized counterparts, a new report said…
