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Posted in Economy

Two new ‘Ratna’ categories to forge next gen CPSEs

New Delhi: The government is planning to revise the criteria for classification and performance assessment of Central Public Sector Enterprises (CPSEs) by introducing two additional…

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The cuts beginning this week may impact various divisions within Amazon, including human resources, known as People Experience and Technology, devices and services, and operations. (REUTERS)
Posted in Business

Amazon embarks on biggest layoffs since 2022 affecting 30,000 corporate jobs| Business News

Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the…

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The cuts beginning this week may impact various divisions within Amazon, including human resources, known as People Experience and Technology, devices and services, and operations. (REUTERS)
Posted in Business

Amazon targets as many as 30,000 corporate job cuts| Business News

Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company works to pare expenses and compensate for overhiring…

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Posted in Economy

Business confidence dips in second quarter on global headwinds: NCAER

New Delhi: Business confidence in India declined in July-September after improving for three consecutive quarters, owing to factors including an additional 25% tariff imposed on…

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Sweden wants to double trade & investments with India over next five years: Envoy
Posted in Economy

Sweden wants to double trade & investments with India over next five years: Envoy

Sweden’s ambassador to India, Jan Thesleff, is promoting investment through initiatives like a new five-year plan to double Swedish investment and job creation in India,…

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Posted in Economy

At East Asia Summit, India flags concerns over ‘constricted’ energy trade, market access issues

India on Monday flagged serious concerns over increasingly “constricted” energy trade, selective application of norms and market access issues, in remarks that came against the…

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Posted in Economy

Centre approves procurement plan for pulses, oilseeds in 4 states at Rs 15,000 cr

The Centre on Monday approved the procurement plan of pulses and oilseeds worth over Rs 15,000 crore from farmers in four states, including Maharashtra. According…

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Byju's moves NCLAT on Aakash EGM for rights issue
Posted in Startups

Byju’s moves NCLAT on Aakash EGM for rights issue

Think & Learn, which owns edtech brand Byju’s, on Monday moved the National Company Law Appellate Tribunal against the NCLT order, which last week declined…

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Under CEO Cristiano Amon, Qualcomm is getting into AI chips to diversify away from its dependence on smartphones—which isn't as lucrative as it used to be. (Reuters)
Posted in Business

Qualcomm share price soars after taking aim at Nvidia with new AI chips| Business News

Qualcomm Inc. has kicked off its biggest share-price rally since 2019 after unveiling chips and computers for the lucrative AI data centre market, aiming to…

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$3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”. (Reuters)
Posted in Business

Gold prices plunge below $4,000/ounce as US-China truce erodes saven-haven demand| Business News

Gold prices slid below $4,000 an ounce, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped…

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