Business
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BHU to study impact of Kashi Vishwanath Dham on economy
Varanasi: The Banaras Hindu University (BHU) in Uttar Pradesh’s Varanasi will now conduct a qualitative and scientific study into the impact of the revamped Kashi Vishwanath Dham in different sectors. The economics…
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Sitharaman to reply on discussion over demands for grants in LS
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday will reply to the discussion on the demands for grants for the current fiscal and demands for excess grants for 2019-20 in the Lok…
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Of 47.57 cr Jan Dhan accounts, 10.79 L are duplicates: Minister tells RS
Delhi: Nearly 47.57 crore Jan Dhan accounts have been opened in the country of which 38.19 crore are operative while 10.79 lakh are duplicates, the Rajya Sabha was informed on Tuesday. In…
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Goldman Sachs plans to lay off hundreds of employees: Report
San Francisco: Global investment bank Goldman Sachs is reportedly planning to lay off hundreds of employees at its consumer business. The company’s decision to cut jobs comes after chief executive David Solomon…
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Cisco starts laying off over 4,000 employees
San Francisco: Joining the Big Tech layoff season, networking major Cisco has reportedly started laying off 5 per cent of its workforce, or more than 4,000 employees. Reports first surfaced last month…
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Gautam Adani narrows gap with Elon Musk as Twitter CEO loses richest person tag
Adani Group’s chairman Gautam Adani on Tuesday narrowed the gap with Twitter CEO Elon Musk who lost the world’s richest person tag to LVMH’s Bernard Arnault. Currently, the net worth of Bernard…
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Online education company Pluralsight lays off 400 employees
San Francisco: Online education company for developers and IT professionals, Pluralsight, which was recently valued at more than $1 billion has announced to lay off 20 per cent of its global workforce,…
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Centre committed to paying GST compensation, says Finance Minister
Delhi: Finance Minister Nirmala Sitharaman on Monday assured the Parliament that the government is committed to paying GST compensation to states. Replying to a slew of questions by MPs cutting across party…
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Mounting losses, seller woes spell trouble for Flipkart, India’s highest cash-burning startup
New Delhi: As recent reports claim how Walmart-backed Flipkart processed more orders than any of its rivals during the festive sales, these figures conceal the enormous financial loss that Flipkart has sustained,…
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Saudi Arabia’s economy grows by 8.8% in third quarter of 2022
Riyadh: The Saudi gross domestic product (GDP) grew by 8.8 per cent in the third quarter (Q3) of 2022 compared to the same period in the 2021. This is mainly due to…
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Finance Minister crosses swords with Telangana Congress MP over rupee fall
New Delhi: A bitter war of words ensued between Finance Minister Nirmala Sitharaman and Congress member A Revanth Reddy in the Lok Sabha on Monday over rupee depreciation and the overall state…
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Apple iPhone 14 Pro lead times slowly returning to normal in China
Hong Kong: Tech giant Apple’s iPhone 14 Pro models’ lead times for deliveries have marginally decreased in China as the process of slowly restoring normal supply levels continues. Delays, which included Covid…
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Twitter adds phone verification for Blue service
San Francisco: Micro-blogging platform Twitter has said that phone verification is required to get a verified blue checkmark, to prevent impersonation of accounts. Twitter posted a picture on Sunday which mentioned, “Blue…
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Google Doodle celebrates ‘The Sun Queen’ of solar energy
San Francisco: Maria Telkes, nicknamed “The Sun Queen”, one of the first pioneers of solar energy who believed the power of the sun could change human lives, is the subject of Monday’s…
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Global govt IT spending to hit $589 bn next year
Delhi: Global government IT spending is likely to reach $588.9 billion in 2023, an increase of 6.8 per cent from 2022, a report showed on Monday. Software will be the highest growing…
