Business news
- News
MP CM to visit Mumbai to invite investors
Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan is scheduled to visit Mumbai on Thursday to hold meetings with investors and invite them to invest in his state. His visit comes ahead…
- Business
Twitter will add granular details to verified badges: Musk
New Delhi: Elon Musk on Thursday said that Twitter has rolled out the new verified Blue subscription service for $8 on iOS in a few countries and will soon add “granularities” to…
- Technology
Apple iOS 16 5G Beta now live in India for Airtel, Jio users
New Delhi: Apple iOS 16 5G Beta software programme has gone live in India and Airtel and Jio customers can now experience super-fast 5G. The users on iPhone 14, iPhone 13, iPhone…
- India
Education not a business to earn profit, tuition fee must be affordable: Supreme Court
New Delhi: The Supreme Court on Monday observed that education is not the business to earn profit and tuition fees shall always be affordable as it noted that the Andhra Pradesh Government’s…
- Technology
Snap to pay sound creators up to $50K a month in India
Mumbai: Snap, the parent company of Snapchat, on Tuesday said it will provide monthly grants of up to $50,000, beginning mid-November, to top sound creators in India that are distributing music on…
- Business
Paytm records revenue growth of 76% to Rs 1,914 crore
New Delhi: Digital payments and financial services company Paytm on Monday posted 76 per cent year-on-year (YoY) growth in revenue to Rs 1,914 crore in Q2FY23, while EBITDA before ESOP cost improved…
- Business
Musk’s job cut hits Twitter India, unaffected employees living in constant fear
New Delhi: For most of the nearly 200-strong Twitter India workforce, the Friday morning came with total chaos when they lost access to their official emails and internal Slack and group chats,…
- Business
Unemployment rate surges to 7.77% in October: CMIE data
New Delhi: Unemployment rate in the country in October rose to 7.77 per cent compared to 6.43 per cent in September, according to data released by Centre for Monitoring Indian Economy (CMIE).…
- Business
Digital payments firm Stripe lays off 14% of workforce
San Francisco: Global payment processing firm Stripe on Thursday announced to cut over 1,000 jobs, or 14 per cent of its staff. The payment processor cited “stubborn inflation, energy shocks, higher interest…
- Business
RBI panel holds meeting to draft response to Centre on failure to check inflation
New Delhi: Having failed to keep inflation within its tolerance limit of up to 4 per cent for the past three quarters, the monetary policy committee (MPC) of the Reserve Bank of…
- Business
Bank of England makes biggest interest rate hike in 30 years
London: The Bank of England on Thursday raised the base rate of interest by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades, as it…
- Business
Rupee falls 8 paise to 82.88 against US dollar
Mumbai: The rupee depreciated by 8 paise to close at 82.88 against the US dollar on Thursday, after the US Federal Reserve raised interest rates and maintained a hawkish stance. At the…
- Business
Reliance Capital Committee of Creditors to meet Friday to decide on Challenge Mechanism
Mumbai: The Committee of Creditors (CoC) of Reliance Capital (RCAP) is scheduled to meet on Friday to decide on the newly-introduced clause, Challenge Mechanism, in the final binding process. Notably, bidders like…
- Business
With LVB integrated fully, DBS Bank India focuses on gold loan & MSMEs
Chennai: Growing gold/MSME loan business, launching proprietary credit card and increasing bancassurance tie ups are some of the focus areas of DBS Bank India Ltd, said a senior official. He also said…
- Technology
Our 5G wireless fibre offers great opportunities for India: Qualcomm CEO
New Delhi: The 5G wireless fibre presents significant opportunities in India as the country embarks on a 5G journey with deploying necessary infrastructure, Cristiano Amon, President and CEO of chip-maker Qualcomm has…