Category: Business

Economists lowering forecasts for India’s current-account shortfall, thanks to favorable trade trends.(Reuters)
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Rupee finds temporary ease as India’s current account deficit shrinks

Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee —…

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‘We do responsible hiring’: Flipkart takes stand against mass layoffs

In a statement that will bring massive relief to Flipkart employees amid the ongoing layoffs in companies across the globe, Flipkart’s Chief People Officer (CPO)…

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The price of one gram of 24k gold stood at Rs. 5,969 per gram and that of 22k gold at Rs. 5,471.(Representative image/ Istock)
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Gold and silver prices on March 27: Check rates in your city

The prices of gold and silver in India on Monday experienced a slight decline in comparison to the previous day. According to data by Goodreturns,…

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FILE Photo: Employees provident fund organisation head office , EPFO office.
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2-day EPFO board meeting from today: List of issues likely to be taken up

The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) will convene in New Delhi on Monday for a 2-day meet, during…

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Twitter CEO Elon Musk (Twitter)
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Elon Musk bought Twitter for $44bn five months ago. He says its value now is…

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform…

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From April, mutual fund investors must comply with new rules. Details here

Beginning April, some new requirements pertaining to mutual funds (MFs) will come into effect, which mutual fund investors must comply with. Here are four such…

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Under the deal, unit First–Citizens Bank & Trust Company will assume SVB assets of $110 billion, deposits of $56 billion and loans of $72 billion. (Reuters)
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First Citizens to buy collapsed Silicon Valley Bank

Reuters | | Posted by Lingamgunta Nirmitha Rao First Citizens BancShares Inc said on Monday it will acquire Silicon Valley Bank’s deposits and loans as…

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A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S.(REUTERS)
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Number theory: Understanding the new American banking crisis

After hiking the benchmark interest rate, US Federal Reserve chairman Jerome Powell signalled that they were on the verge of pausing further rate hikes to…

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Bank holidays in April: Banks to remain closed for 15 days. Check full list

In April, customers will not be able to visit bank branches for half of the month. This is because in the coming month, there will…

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New tax regime, other rules to kick in from Apr 1: What taxpayers need to know

As is the case with each financial year (FY), the upcoming FY (2023-24) will also begin on April 1. The announcements made by finance minister…

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