Most of us tend to convert foreign currency to Indian rupees using the current exchange rate. But as the cost of living in both countries could differ significantly, it is not prudent to convert any income/expense directly with the exchange rate. Because a $100,000 salary in the US gives aContinue Reading
On the main road to billionaire Gautam Adani’s planned Vizhinjam mega port on the southern tip of India, a shelter built by the coastal region’s Christian fishing community blocks the entrance, preventing further construction. The simple 1,200 square-feet structure with a corrugated-iron roof has since August stood in the wayContinue Reading
Large-scale protests broke out at Foxconn’s vast iPhone factory in Zhengzhou, central China, images circulating on Weibo and Twitter on Wednesday showed. Videos showed hundreds of workers marching on a road in daylight, with some being confronted by a row of people in hazmat suits and riot police. Another clipContinue Reading
Football fans in India are a miffed demographic. In particular, the ones who took cord cutting seriously a few years ago, let go of linear TV subscriptions, and relied solely on web-based streaming to watch the Live matches, TV shows and movies. They may want to hedge their bets now.Continue Reading
The India-Australia trade agreement is expected to be operational by early 2023 as both sides are expeditiously completing formalities – while New Delhi has sent the pact for Presidential assent, Australian Prime Minister Anthony Albanese on Tuesday tweeted that it has “passed though” Australian parliament. Commerce minister Piyush Goyal saidContinue Reading
The Central Board of Direct Taxes (CBDT), the apex body of the Income Tax department, has urged Permanent Account Number (PAN) card holders who are yet to link their PAN with Aadhaar card, to do so by March 31 next year, or else the former will be deactivated. “As perContinue Reading
Amid frenzied speculation over another round of layoffs at Twitter, the head of the company’s France operations announced his exit in a tweet on Sunday. Damien Viel – who joins a growing list of high-profile departures from the social media giant – tweeted: “It’s over. Pride, honor, and mission accomplished.Continue Reading
Walt Disney Co.’s returning chief executive officer, took his first steps toward reorganizing the entertainment giant, asking his deputies to rethink the corporate structure and announcing the departure of a top manager. “Over the coming weeks, we will begin implementing organizational and operating changes within the company,” Iger said MondayContinue Reading
Cryptocurrency lender Genesis said on Monday it has no immediate plans to file for bankruptcy, days after the collapse of crypto exchange FTX forced it to suspend customer redemptions. “We have no plans to file bankruptcy imminently. Our goal is to resolve the current situation consensually without the need forContinue Reading
Published on Nov 22, 2022 03:36 PM IST Closing bell: Sensex ends day in green at 61,419, Nifty above 18,200. Closing bell: Sensex ends day in green at 61,419, Nifty above 18,200.(Bloomberg) Closing bell: Sensex ends day in green at 61,419, Nifty above 18,200. ABOUT THE AUTHOR Follow the latestContinue Reading