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Business (Page 56)

Russia remains India’s top oil supplier for second month in a row in Nov: Report

2022-12-11
In: Business

Russia has for the second month in a row remained India’s top oil supplier in November, surpassing traditional sellers Iraq and Saudi Arabia, according to data from energy cargo tracker Vortexa. Russia, which made up for just 0.2 per cent of all oil imported by India in the year toContinue Reading

Twitter to relaunch subscription service Twitter Blue from tomorrow

2022-12-11
In: Business

Twitter Inc will relaunch a revamped version of its subscription service Twitter Blue on Monday at a higher price for Apple users, the company said in a tweet on Saturday. The revamped service will allow subscribers to edit tweets, upload 1080p videos and get a blue checkmark post account verification.Continue Reading

World’s top money managers see global stocks recovering in 2023

2022-12-11
In: Business

Some of the world’s biggest investors predict that stocks will see low double-digit gains next year, yet the path to a rebound won’t be a straight line. Amid recent optimism that inflation has peaked — and that the Federal Reserve could soon start to change its tone — 71% ofContinue Reading

Pakistan struggles to keep foreign reserves, black market for dollars springs up

2022-12-10
In: Business

In the money-changing businesses of Karachi, the exchange rate for buying dollars is still on display. But attempt to purchase the currency and operators will say they don’t have any left. Investigate a little more and a different story emerges. There are still ways to get the greenback, several moneyContinue Reading

Tata Group-owned Air India nears deal for 150 Boeing 737 Max aircrafts: Report

2022-12-10
In: Business

Bloomberg | | Posted by Singh Rahul Sunilkumar Tata Group-owned Air India Ltd. is close to signing a deal with Boeing Co. to buy up to 150 737 Max planes, marking the first major aircraft order after the carrier’s privatization, the Economic Times reported, citing people it did not identify.Continue Reading

Big tech-news publishers’ economic imbalance must be addressed: HT Digital CEO

2022-12-09
In: Business

Experts from Canada and the US, along with CEOs of India’s top news publishing businesses, including HT Digital, discussed ways to decode the publisher-platform relationship in Friday’s second Digital News Publishers Association (DNPA) Dialogues conducted virtually on Friday. The event saw five panellists brainstorm over various challenges being faced byContinue Reading

Apple finally adopts security parity with iCloud encryption and Message keys

2022-12-09
In: Business

Apple is adding end-to-end encryption to iCloud Backups, which is now part of the expanded list of data and content categories on iCloud, which will have the encryption layer. Simultaneously, Apple is also enabling iMessage Contact Key Validation for conversation privacy and will also allow users to secure their iCloudContinue Reading

Sensex tumbles 389 points to close at 62,182, Nifty in red at 18,497

2022-12-09
In: Business

Equity benchmark Sensex declined nearly 390 points on Friday, pressured by heavy selling in IT, tech and energy stocks despite a positive trend in the global markets. Besides, rising crude oil prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE Sensex opened strong butContinue Reading

Who is Sushmita Shukla, Indian-origin First Vice President of New York Fed?

2022-12-09
In: Business

The Federal Reserve Bank of New York has appointed Indian-origin Sushmita Shukla as its First Vice President, and Chief Operating Officer (COO), making the insurance industry veteran its highest-ranked official after President and CEO, John C Williams. “We’re pleased to announce that the Board of Directors of the New YorkContinue Reading

Latest Twitter lawsuit says company targeted women for layoffs

2022-12-08
In: Business

Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of disproportionately targeting female employees for layoffs. The proposed class action filed late on Wednesday in San Francisco federal court said that after Twitter was takenContinue Reading

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