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  Asset quality of Indian banks will be stable in 2023, claims Moody's latest report

  January 19, 2023 12:25 IST

  In its report, Moody's asserted that Indian banks will profit from a stable operating environment and considerable increases in their solvency indicators.

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  Netflix's revenue growth expected to be the weakest: Here's why

  January 19, 2023 11:16 IST

  Due to declining consumer spending, rising production costs, and increased competition from Disney+ and Amazon Prime, the pioneer in streaming has been having trouble.

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  Amazon begins another round of layoffs, 18,000 employees to be affected

  January 19, 2023 10:26 IST

  Amazon confirmed the layoffs and their massive scale, saying that including the ones from last year, fresh round, and potential additional cuts in 2023, they would affect 18,000 employees overall.

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  UP Investors Summit 2023: Govt inks 19 MoUs worth Rs 25,000 crore during Hyderabad roadshow

  January 18, 2023 23:35 IST

  UP Investors Summit 2023: Team Yogi led by Deputy Chief Minister Brajesh Pathak carried out its fifth domestic roadshow in Hyderabad. The roadshow grabbed big Memorandums of Understanding (MoUs) worth Rs 25,000 crore.

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  Vikas Lifecare bags orders worth whopping Rs 160 million

  January 18, 2023 17:09 IST

  According to an exchange filing, the infra division has exceeded the targeted sales volumes by 5 per cent, achieving Rs 630 million sales in the first three quarters of the fiscal.

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  Construction major Salasar Techno secures Rs 143 crore order from Nepal Electricity Authority

  January 18, 2023 14:32 IST

  As per the filing, Salasar Techno's order includes the procurement of material equipment, accessories, requited installation, testing and commissioning of substations and distribution networks.

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  Want to become real rich in 2023? Here is what experts suggest

  January 18, 2023 13:03 IST

  Not everyone is fortunate enough to win the lottery or inherit a large sum of money, the less fortunate among us must seek alternative means.

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  Union Budget 2023: Indian Edtech sector wants tax breaks, more funding for research

  January 18, 2023 12:09 IST

  The Indian edtech sector is demanding tax exemptions and increased allocation for research and development in the upcoming Union Budget 2023.

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  Budget 2023: Petrol, diesel, gold - what items are likely to get costlier?

  January 18, 2023 11:17 IST

  As the Union Government prepares to present the annual budget, the cost of items such as fuel, gold, and luxury items are likely to see an increase in price.

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  Microsoft likely to lay off thousands of employees today to cut around 5% of its workforce: Reports

  January 18, 2023 8:58 IST

  Microsoft: The job cuts would be the latest in the US technology industry, where firms including Amazon.com Inc. and Meta Platforms Inc. have announced downsizing exercises in response to sluggish demand and a gloomy outlook for the global economy.

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  "Major risk looming large": RBI's warning to Himachal, Rajasthan over reverting to old pension

  January 17, 2023 21:03 IST

  The observations in the RBI's Report titled 'State Finances: A Study of Budgets of 2022-23' comes in the backdrop of Congress-ruled Himachal Pradesh becoming the latest state to announce reverting to the Dearness Allowance (DA) linked Old Pension Scheme (OPS).

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  CEOs at the World Economic Forum are talking about ChatGPT-style AI

  January 17, 2023 14:50 IST

  WEF Davos: Business tycoons trekking through Alpine snow are raving about a San Francisco chatbot, in Davos, Switzerland.

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  How Budget 2023 can help Indian Startups: Top 5 expectations

  January 23, 2023 12:44 IST

  Budget Expectations 2023: It is critical for the country's success to attract and incentivize entrepreneurs and investors to participate in and drive growth in these new-age industries.

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  Quant Mutual Fund acquires over 2.50% stake in Apollo Micro Systems

  January 17, 2023 12:29 IST

  With the addition of Apollo Micro Systems, the fund house has now 140 stocks holding in the portfolio. This includes ITC, SBI, PNB, HDFC Bank, LIC, Airtel, Tata Steel and others.

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  India’s richest 1% own more than 40% of total wealth: Oxfam

  January 17, 2023 11:44 IST

  Oxfam India's report states that the richest one percent of Indians own more wealth than the poorest fifty percent. The wealth held by the top five percent is 61.7%, nearly 20 times greater than the 3% held by the bottom half.

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  Delhi-based chemical manufacturer Vikas Ecotech files patent for polymer nanocomposites

  January 17, 2023 11:12 IST

  The company said that it has filed a patent in collaboration with the King Khalid University, Saudi Arabia.

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  Vikas Lifecare gets DSIR recognition from government

  January 17, 2023 11:03 IST

  This prestigious DSIR recognition not only acknowledges the company’s R&D activities but also encourages maintaining the activities at par with international standards.

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  At Davos World Economic Forum, Adani Group pledges to grow 100 Mn trees by 2030

  January 16, 2023 21:17 IST

  Adani Group's commitment to growing 100 million trees by 2030 is the largest 1t.org pledge in India so far and among the most ambitious corporate pledges globally.

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  UN: Global Economic Slowdown To Force Workers Into Poorly Paid

  January 16, 2023 20:00 IST

  The United Nations has warned that the ongoing economic slowdown caused by the COVID-19 pandemic, Russian invasion of Ukraine will force many workers into poorly paid jobs.

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  Global recession alert! India may benefit from diversification of supply chains, claims WEF survey

  January 16, 2023 18:53 IST

  The WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimistic about inflation and strong balance sheets.

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  Amid war, India's import from Russia moved to 4th position in list of Top 10 import source nations

  January 16, 2023 17:34 IST

  Citing the reason behind the abrupt jump of Russia, the Commerce Ministry said the import of crude oil rose significantly in the current financial year.

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  Budget 2023: What tax experts in India really want from Finance Minister Nirmala Sitharaman

  January 16, 2023 16:42 IST

  As the government prepares to release the 2023 budget, tax experts are expecting measures to boost economic growth and support small and medium-sized businesses, simplification of the tax code, measures to increase compliance and reduce tax evasion.

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  NRIs will soon be able to make UPI payments without an Indian mobile number - Details

  January 16, 2023 15:57 IST

  The National Payments Corporation of India is set to launch a new feature that will allow NRIs to link their foreign mobile number with their Indian bank account for UPI transactions.

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  ShareChat confirms layoffs, set to remove around 400 employees: All you need to know

  January 16, 2023 14:22 IST

  ShareChat's spokesperson has also confirmed the layoff news and stated that the decision was taken to prepare the company for sustaining through these headwinds. Companies like Ola, Dunzo, Byjus, OYO and Blinkit have also announced the layoff in recent months because of the lack of funding.

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  After Amazon, Meta mass layoffs, THIS telecom giant likely to fire hundreds of employees soon

  January 16, 2023 13:18 IST

  Vodafone, the multinational telecommunications firm, is planning to lay off hundreds of employees, primarily from its London headquarters, as part of its cost-cutting measures amid ongoing macroeconomic conditions.

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  Budget 2023: Will 'new' Income Tax regime have some more exemptions?

  January 23, 2023 12:45 IST

  In the final full budget before the 2024 general elections, the central government may make a few minor adjustments to the new income tax system.

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  WEF Davos 2023: Dates, agenda, importance - all you need to know

  January 16, 2023 11:53 IST

  The World Economic Forum (WEF) is set to take place in Davos, Switzerland from January 16 to 20, 2023. As one of the most highly-anticipated events in the global economic calendar, the WEF brings together some of the world's most powerful leaders to discuss the most pressing issues.

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  Budget 2023: Here are the various types of Government Budget

  January 23, 2023 12:45 IST

  The revenue budget is the most important component of the government budget. It includes all the revenue that the government expects to collect during the fiscal year, such as taxes and non-tax revenue.