Business news
- Technology
Musk continues to sack Twitter employees despite promise not to do so
New Delhi: Elon Musk is still laying off Twitter employees as dozens of workers across sales and engineering departments were laid off last week, including one of Musk’s direct reporting executive who…
- Business
Newark-Delhi Air India flight diverted to Stockholm after oil leak
New Delhi: A Delhi-bound Air India flight from the Newark airport in New Jersey with nearly 300 passengers on board, was diverted to Stockholm following an oil leak. Flight AAI106, a Boeing…
- Business
Markets fall in initial trade on weak global trends
Mumbai: Stock market benchmark indices fell in initial trade on Wednesday tracking weak global trends ahead of the release of minutes of the Federal Open Market Committee (FOMC) meeting. The BSE Sensex…
- India
Yogi govt to present its largest-ever budget
Lucknow: The Yogi Adityanath government in Uttar Pradesh will present its annual budget — largest ever — for 2023-2024 in the state Assembly on Wednesday. State Finance Minister Suresh Khanna said that…
- India
Finance Minister meets ADB President, lauds support to India
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday met Asian Development Bank (ADB) President Masatsugu Asakawa, and acknowledged the swift response and support provided by the institution to all its developing member…
- Business
Hyderabad home to maximum USFDA approved pharma units in world
Hyderabad: Hyderabad, which has emerged as a key global hub in life sciences, is home to the largest number of US Food and Drug Administration (USFDA) approved companies in the world. With…
- Business
Crypto exchange Coinbase faces cyberattack, employee targeted
San Francisco: Crypto exchange Coinbase has announced that a hacker stole the login credentials of a company employee to gain remote access to its system, and as a result, obtained some contact…
- Business
Over two-month deadlock between truckers, Adani Group ends in Himachal
Shimla: The over two-month deadlock between the transporters and the Adani Group, which owned two major cement plants in Himachal Pradesh, ended on Monday with both agreeing on the freight rate. With…
- Business
India’s GDP growth in FY23 to be 7%, FY24 at 6%: Acuite Ratings
Chennai: Credit rating agency Acuite Ratings and Research on Monday reiterated India’s gross domestic product (GDP) growth estimate for FY23 at 7 percent. It also anticipates the economic growth trajectory in FY24…
- Business
Shining outlook for gold in 2023
Chennai: As in 2022, gold is expected to log double-digit gains this year as per indications, said experts. “The yellow metal has already posted over three percent gains in the month of…
- Technology
TRAI directs telcos to improve call services for better 5G experience
New Delhi: The Telecom Regulatory Authority of India (TRAI) has directed telecom service providers to take urgent steps to demonstrate visible improvement in quality of service and quality of experience by consumers,…
- World
San Francisco gets emptier and emptier, Musk finds it ‘tragic’
San Francisco: Tech leaders and internet stars are lamenting that downtown San Francisco’s real estate market has deteriorated and the city is getting “emptier and emptier”, with Elon Musk calling this “tragic”.…
- Technology
Twitter to soon let users adjust algorithm: Musk
San Francisco: Twitter CEO Elon Musk on Saturday said that the micro-blogging platform will provide users the ability to adjust the algorithm to their “closer match”, in the “coming months”. Musk tweeted:…
- Business
RBI issues draft rules for lending, borrowing of govt securities
New Delhi: The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing government securities. It is aimed at improving liquidity and price discovery in the market. The…