Business news
- 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…
- Business
India’s gaming market reaches $2.6 bn with 507 mn gamers
New Delhi: Riding on more than 500 million gamers across mobile, PC and Cloud gaming platforms, India’s gaming market has likely reached $2.6 billion in revenue this year which is expected to…
- Business
Rupee falls 21 paise to close at 82.80 against US dollar
Mumbai: The rupee depreciated 21 paise to close at 82.80 against the US dollar on Wednesday, tracking a muted trend in domestic equities ahead of the release of the US Fed’s policy…
