Month: June 2023

Big-ticket defence deals, mega chip factory, new visa rules: 10 takeaways from India-US talks during PM Modi's visit
Posted in US News

Big-ticket defence deals, mega chip factory, new visa rules: 10 takeaways from India-US talks during PM Modi’s visit

NEW DELHI: With a flurry of deals and mega announcements, Prime Minister Narendra Modi’s historic visit to US has yielded fruitful results for both the…

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customs: India-UAE sign pact for AEOs for faster customs clearances
Posted in Economy

customs: India-UAE sign pact for AEOs for faster customs clearances

India and UAE on Friday signed Mutual Recognition Arrangement (MRA) for authorised economic operators (AEOs) of both countries, the CBIC said. The AEO programme enables…

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Brexit: 7 years ago UK voted to leave EU: Why Brexit happened
Posted in UK News

Brexit: 7 years ago UK voted to leave EU: Why Brexit happened

Brexit, short for “British exit,” refers to the process by which the United Kingdom (UK) withdrew from the European Union (EU). The Brexit process began…

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Brexit: 7 years ago UK voted to leave EU: Why Brexit happened
Posted in Europe News

Brexit: 7 years ago UK voted to leave EU: Why Brexit happened

Brexit, short for “British exit,” refers to the process by which the United Kingdom (UK) withdrew from the European Union (EU). The Brexit process began…

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India forex: India's forex reserves up $2.4 bn to $596.1 bn
Posted in Economy

India forex: India’s forex reserves up $2.4 bn to $596.1 bn

India’s foreign exchange reserves saw an uptick of $2.350 billion, taking the overall level to $596.098 billion as on June 16, Reserve Bank of India…

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Indian Economy: Growth could dip to 5.5% in FY24 in case of severe El Nino: Nomura
Posted in Economy

Indian Economy: Growth could dip to 5.5% in FY24 in case of severe El Nino: Nomura

India could be the worst affected economy in Asia, where a severe El Nino could shave off 0.4 percentage points of growth and add 0.3…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

phonepe credit merchant lending: PhonePe taps merchants in big lending push

Digital payments major PhonePe has jumped on the credit bandwagon with a foray into merchant lending. This comes on the heels of its aborted acquisition…

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Companies like TCS preferably hire employees through referral programmes and staffing firms.(Bloomberg)
Posted in Business

TCS hit by ‘bribe for jobs’ scandal; four executives sacked: Report

Technology major Tata Consultancy Services has been reportedly hit by a ‘bribe-for-jobs’ scandal after few senior executive responsible for hiring thousands of personnel allegedly received…

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Ukraine warns against 'panic' after alleged nuclear threat
Posted in Europe News

Ukraine warns against ‘panic’ after alleged nuclear threat

KYIV: Kyiv urged Ukrainians not to panic or stockpile iodine tablets after President Volodymyr Zelenskyy alleged that Russia had prepared a radiation leak at an…

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India inflation: Inflation slowing down consumption & holding back pvt investment: RBI bulletin
Posted in Economy

India inflation: Inflation slowing down consumption & holding back pvt investment: RBI bulletin

Citing national accounts data and corporate results, the Reserve Bank of India in its latest monthly bulletin has noted that higher retail inflation in India…

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