NEW DELHI, JAN. 31: Despite the slowdown in the global economy impacted by the pandemic, ongoing war, monetary tightening in advanced countries, India’s economy emerges as the fastest growing with a 6.8% projected annual GDP growth rate for FY 23 and is poised to occupy the position of the third largest economy by 2029, moving […]Continue Reading
Business News
ISLAMABADK,JAN. 29: Ahead of its crucial talks with the cash-strapped Pakistan government, the IMF has found an over Rs 2,000 billion breach in budgetary estimates for 2022-23 in its initial assessment that might result in escalating the budget deficit and primary deficit targets with a massive margin. Pakistan and the International Monetary Fund (IMF) officials […]Continue Reading
In a year’s time we face a general election and the caste cauldron is simmering once again. The Bihar chief minister was the first to stir the pot by seeking a caste survey in the state. He even got a Supreme Court endorsement for the exercise. Needless to say, caste is the mainstay of Bihar […]Continue Reading
NEW DELHI, JAN. 28: The aviation regulatory authority, the Directorate General of Civil Aviation (DGCA) has imposed a penalty of Rs 10 lakh on GO First airline as they failed to ensure adequate arrangements for ground handling which led to 55 passengers being left behind at the tarmac. This is with reference to an incident […]Continue Reading
BENGALURU, JAN. 27: India is a significant market in LTIMindtree’s rest of the world segment, which contributed 12.8% of its revenues in Q3FY23. It grew 5.4% sequentially and 3.1% year-on-year (YoY). “India presents lucrative opportunities in areas like telecom, including 5G and in manufacturing, to name a few. We will continue to explore more opportunities […]Continue Reading
NEW DELHI, JAN. 20: Amazon has started notifying its employees affected by its new round of layoffs, as a part of its plan to reduce its headcount by around 18,000 people, the media reported. It however, remains unclear as to how many employees are being affected in this particular round, but the company already laid […]Continue Reading
NEW DELHI, JAN. 17: Amid global headwinds, India’s merchandise exports plunged to $34.8 billion in December, 2022, 12.2% down on-yearly basis as compared with $39.27 billion in the previous year, government data showed. However, merchandise exports for the period April-December 2022 registered a growth of 9% to $332.76 billion on a year-on-year basis. Meanwhile, imports Continue Reading
MUMBAI, JAN. 10: Aviation watchdog DGCA on Tuesday issued a show cause notice to Go First for leaving behind 55 passengers in a coach at Bangalore airport, after finding that “multiple mistakes” led to the incident. On Monday, Go First operated flight G8-116 from Bangalore to Delhi but left behind 55 passengers in the passenger […]Continue Reading
NEW DELHI, JAN 8: Foreign investors offloaded nearly Rs 5,900 crore from the Indian equity markets in the first week of January on growing concerns over the re-emergence of Covid in some parts of the world and recession worries in the US. Foreign Portfolio Investors (FPIs) have been adopting a cautious stance toward Indian equity […]Continue Reading
NEW DELHI, JAN 8: After proving its prowess in the field of software, India should strive to become a hub for software products, President Droupadi Murmu said on Saturday. While speaking at the 7th edition of Digital India Awards, Murmu said that India should focus on democratising government data to help technology enthusiasts in the […]Continue Reading
