The International Monetary Fund (IMF) on Tuesday released its latest projections on world economic growth and predicted a dip in the Indian economy from 6.8 per cent in 2022 to 6.1 per cent in 2023. But India is expected to grow at 6.8 per cent again in the financial yearContinue Reading
A former Google employee has accused the tech giant of firing him after he rejected a woman executive’s alleged advances, according to a lawsuit filed in November. Ryan Olohan claimed that Tiffany Miller felt him up during a company dinner at Chelsea, Manhattan, in December 2019, The New York PostContinue Reading
Finance Minister Nirmala Sitharaman on February 1 will present the Union Budget for the fiscal year 2023-24. This budget is the Modi government’s final full budget prior to the 2024 Lok Sabha elections. Like the previous two Union Budgets, this will also be delivered in paperless form whose preparation commencedContinue Reading
Reuters | | Posted by Ritu Maria Johny India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of Adani Group within days after U.S. short-seller Hindenburg Research accused the conglomerate of high debt levels and the use of tax havens. “Presently there is a situation that’sContinue Reading
More than half of households in a survey conducted online across 309 districts expect a decline in their income by up to 25 per cent and dip in savings, and are looking for relief in the coming budget, online platform LocalCircles said on Sunday. Read here: Budget 2023: Economic SurveyContinue Reading
The CEO of a San Francisco-based tech company has issued an apology after quoting civil rights champion Martin Luther King Jr. in an email announcing layoffs, which was massively trolled online. In the 1,700-word email sent last week, PagerDuty CEO Jennifer Tejada said that she was slashing 7% of itsContinue Reading
On Tuesday, the first day of Parliament’s budget session, and a day before the presentation of the Union budget, the annual Economic Survey will be tabled for parliamentarians, and then presented before the public. Click here for full coverage of Budget 2023 Union finance minister Nirmala Sitharaman will table theContinue Reading
Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg Research is largely failing to convince investors. The dollar bonds also fell. Adani Green Energy Ltd., Adani Total Gas Ltd. and Adani Transmission Ltd. eachContinue Reading
When the Singapore Airlines Group (SIA) released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared with a month ago and four times more than a year ago. Its two carriers, SIA and Scoot, carried a total of 2.7 million passengersContinue Reading
A Dublin-based recruiter, who was hiring candidates for Google, has revealed he got laid off as part of the company’s recently-announced drive to layoff 6% of its workforce (around 12,000 employees), with his termination coming while he was in the middle of a call. Also Read | ‘I am deeplyContinue Reading