Touted as largest recruiter of women, TCS sees rise in female staff resignation
Published on Jun 08, 2023 10:00 PM IST
Women made up nearly a 4th of the leadership positions fulfilled with internal candidates in FY23, even though they account for only 14% of the applicant pool
Regulators put the future of America’s crypto industry in doubt
Firms will head to friendlier waters
Published on Jun 08, 2023 09:33 PM IST
Zomato deletes ‘Kachra’ campaign video after facing backlash from netizens
In response to the criticism, Zomato issued an official statement saying that they had no intention of hurting the sentiments of anyone.
Published on Jun 08, 2023 04:17 PM IST
Lingamgunta Nirmitha Rao | Edited by Poulomi Ghosh
Markets close in red with Sensex down 294 points at 62,848; Nifty at 18,634
The Reserve Bank of India left its key interest rate unchanged for a second straight policy meeting
Updated on Jun 08, 2023 04:23 PM IST
₹1.80 lakh crore in ₹2,000 notes returned to banks since withdrawal order: RBI
On May 19, the Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 denomination banknotes as part of its currency management
Published on Jun 08, 2023 03:15 PM IST
20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March
The 20-nation economy shrank by 0.1% between January and March, revised data showed Thursday, adding to a fourth-quarter decline of the same magnitude.
Updated on Jun 08, 2023 03:08 PM IST
Consumer tech and new products: Developer conference keynotes are changing
This season, there has been a change in approach by Google, Microsoft and now Apple, at developer-focused events. They are putting consumers back in the spotlight
Updated on Jun 08, 2023 01:05 PM IST
RBI not thinking of withdrawing ₹500, re-introducing ₹1,000 notes: Governor
In the latest MPC meeting, Reserve Bank of India governor Shaktikanta Das announced to keep the repo rate unchanged at 6.5%.
Updated on Jun 08, 2023 12:49 PM IST
Rupay prepaid forex cards now permitted for issuance by banks, says RBI Governor
RBI Governor said RuPay Debit and Credit cards issued by banks in India are gaining increased acceptance abroad.
Published on Jun 08, 2023 11:56 AM IST
RBI keeps key rate unchanged at 6.5%, forecasts FY24 growth at 6.5%
Helped by buoyant tax receipts, the country’s fiscal deficit for the last financial year narrowed to 6.4% from a year earlier
RBI forecasts GDP growth at 6.5%, retains April projection
In April, the central bank projected a GDP growth of 6.5 percent for 2023-24, a marginal increase from its earlier forecast of 6.4 percent.
Published on Jun 08, 2023 11:21 AM IST
PTI | | Posted by Lingamgunta Nirmitha Rao
Repo rate, inflation and GDP: What did RBI's Monetary Policy Committee say
Monetary Policy Committee decides unanimously to keep repo rate unchanged at 6.5%.
Published on Jun 08, 2023 10:30 AM IST
RBI holds rates but signals tight monetary policy ahead
The monetary policy committee (MPC), which has three members from the Reserve Bank of India and three external members, kept the repo rate steady at 6.50%.
Published on Jun 08, 2023 10:10 AM IST
Sensex opens in green above 63,100, Nifty around 18,700
Sensex, Nifty updates: The 30-share BSE Sensex climbed 85.64 points to 63,228.60 in early trade. The NSE Nifty advanced 25.55 points to 18,751.95.
Published on Jun 08, 2023 09:29 AM IST
PTI | | Posted by Singh Rahul Sunilkumar
RBI's second consecutive pause expected, market awaits policy shift
All 40 economists in a Bloomberg survey forecast the Indian central bank will keep the repurchase rate unchanged at 6.50%.
Published on Jun 08, 2023 09:21 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
ChatGPT creator Sam Altman warns of job cuts. Then points to silver lining
Altman, in an interview stressed that while certain jobs may become obsolete due to automation, new opportunities would emerge.
Published on Jun 08, 2023 09:05 AM IST
LIVE | Nearly half of withdrawn ₹2,000 banknotes returned: Das
The Reserve Bank of India is holding its three-day Monetary Policy Committee (MPC) meeting, which is set to conclude Thursday.
Updated on Jun 08, 2023 12:58 PM IST
Pizza Hut Australia purchased by US group that owns Taco Bell, Wendy’s locations
The acquisition will give Flynn about 2,600 locations across the two countries and boost annual sales to roughly $4.5 billion from $4.2 billion.
Published on Jun 07, 2023 10:44 PM IST
After a brief time, Chris Licht steps down as CNN's CEO
In May, Licht faced a backlash after hosting a town-hall event with ex-US President Donald Trump.
Published on Jun 07, 2023 10:36 PM IST
About 80% choose to deposit Rs2000 notes instead of exchanging: Report
The inflow of 2000 rupees note will likely push up bank deposit growth from the current 10.9% and reduce currency in circulation.
Published on Jun 07, 2023 03:45 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Closing bell: Sensex jumps 350.08 points to settle at 63,161; Nifty above 18,726
Rising for the fourth straight session, the 30-share BSE Sensex climbed 350.08 points or 0.56 per cent to settle at 63,142.96.
Updated on Jun 07, 2023 04:21 PM IST
PTI | | Posted by Sreelakshmi B
Cabinet approves $11 billion revival package for telecom firm BSNL: Report
A revival package of 890.47 billion rupees ($10.79 billion) for state telecom operator BSNL.
Updated on Jun 07, 2023 02:36 PM IST
Reuters | | Posted by Sreelakshmi B
Reddit to layoff 5% employees, cites ‘restructuring of operations’
Also, the social media company has revised his hiring plans for the remainder of the year, reducing the number of open positions to just 100, from 300.
Published on Jun 07, 2023 12:13 PM IST
Sony’s new Walkman has the modern touch, but is it powerful enough?
The Sony Walkman NW-A306 demands you part with a significant amount of money, also because it needs a premium headphone.
Updated on Jun 07, 2023 10:38 AM IST
Opening bell: Sensex climbs 235 points to trade at 63,028, Nifty above 18,676
In Asian markets, on the other hand, Seoul, Shanghai and Hong Kong were trading in the green, while Tokyo quoted lower.
Published on Jun 07, 2023 09:24 AM IST
Petrol, diesel prices on June 7: Check latest rates in your city
In the national capital petrol and diesel prices retail at ₹96.72 and ₹89.62 per litre, respectively.
Published on Jun 07, 2023 07:51 AM IST
World Bank trims FY24 India growth, sees sharp slowdown in global economy
GDP growth for FY24 in India is seen at 6.3% compared with a previous estimate of 6.6% in January, according to the bank’s Global Economic Prospects report.
Insurance coverage for train travel: Claim rules & process during accident
In the event of an eligible claim, the benefits under Indian Railways' insurance policy will be paid within 15 days upon receipt of the required documents.
Published on Jun 06, 2023 06:06 PM IST
Sensex closes flat around 62,800, Nifty at 18,600
Sensex, NSE updates: Selling pressure in IT counters, foreign fund outflows and weak trends in global equities dented sentiments in markets, traders said.
Published on Jun 06, 2023 03:40 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
PhonePe begins account aggregator services: All you need to know
In August 2021, the fintech major received in-principle approval from the RBI to operate as an account aggregator (AA).
Published on Jun 06, 2023 02:08 PM IST