Category: Business

Taiwanese shipping giant Evergreen is set to hand out 60 months' of salary as bonus to selected employees. (Bloomberg)
Posted in Business

This shipping company is giving 5 years of salary as bonus

Taiwan shipping giant Evergreen Marine is handing out massive bonuses to its 3100 workers, reported Australian news website news.com.au. Taiwanese shipping giant Evergreen is set…

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The chief meme officer will have to curate, ideate and share viral content to increase StockGro's presence. (LinkedIn)
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Bengaluru company to hire chief meme officer, salary ₹1 lakh

A Bengaluru-based financial services company StockGro’s job posting for a chief meme officer (CMO) with a salary of ₹1 lakh per month is attracting attention…

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Finance minister Nirmala Sitharaman. (Bloomberg)
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No direction on loading or not loading ₹2,000 notes in ATMs: FM

No instructions have been given to banks for filling or not filling ₹2,000 notes in Automated Teller Machines (ATMs) as lenders make their own choice…

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Amazon CEO Andy Jassy, after the latest layoff announcement, explained that the company is planning to be more streamlined in its costs and headcount. (File)
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Amazon CEO’s letter to staff as 27,000 workers sacked this year

As Amazon announced Monday that 9,000 more employees will be laid off, CEO Andy Jassy wrote in his letter to staff that they believe that…

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Pakistan's Prime Minister Shehbaz Sharif announced to provide free flour to the needy people during the Ramadan in the wake of country's soaring inflation. (AFP)
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IMF says Pakistan must complete ‘few remaining points’ to get $6.5 bn loan

The International Monetary Fund said Pakistan has a few more tasks before it can unlock a $6.5 billion loan to avoid a default, putting pressure…

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Speaking at CAPA India’s summit, Union civil aviation secretary Rajiv Bansal said the government is allowing Foreign Aircrew Temporary Authorization (FATA) pilots for a short period. (Twitter/ld_Neha)
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Airlines allowed to hire expats to fly B777 aircraft due to shortage of pilots

NEW DELHI: The government has allowed Indian airlines to use foreign pilots for a short period in view of a shortage of pilots to operate…

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Laborers load sacks of imported potatoes to hand carts at a market place in Colombo, Sri Lanka. The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy. (AP)
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IMF bailout not a silver bullet for Sri Lanka, warns Moody’s Analytics

Reuters | | Posted by Singh Rahul Sunilkumar Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and…

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Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt.(AFP)
Posted in Business

Sri Lanka secures IMF bailout amidst ongoing economic crisis: Timeline of events

The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri Lanka, which could help the country unlock up to $7 billion…

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The Nokia X30 5G. (Vishal Mathur/ HT Photo)
Posted in Business

Justifying the Nokia X30’s ₹47,999 price tag is a futile effort

There isn’t much you can do about how a phone’s price. But for all the consistency and robustness that we associate with a Nokia device,…

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The Central government regulates fuel prices through excise duty, base prices and cap prices.(Representative image/ istock)
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Petrol and diesel prices today: Check fuel rates in your city on March 21

The petrol and diesel rates remained unchanged on Tuesday. Fuel prices in India are revised daily at 6 am after being decided by Oil Marketing…

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