A Bengaluru cab driver’s impressive earnings have garnered widespread attention after a Reddit user shared their conversation with him. The Redditor, who was returning from a function, was surprised to learn about the driver’s substantial daily income, ranging from Rs 3,000 to Rs 4,000. The Reddit user detailed their interaction in a post that quickly…
Major Layoffs In June: Layoffs have become increasingly prevalent across various sectors as companies are grappling with economic uncertainties, shifting consumer demands, and operational challenges exacerbated by the ongoing global situation. Several companies have made significant staff reductions this month, contributing to the ongoing wave of layoffs that is affecting a large number of employees. …
Employee unions at Foxconn India’s Apple iPhone manufacturing unit are investigating recent media reports suggesting that the Taiwan-based firm is not hiring married women. Unions are currently collecting information about the recruitment process and plan to determine their next steps based on their findings. “We are collecting the details right now. We will study the…
India is increasingly becoming a magnet for German companies, with nearly six out of ten planning to boost their investments in the country this fiscal year. Moreover, 78 per cent of these firms anticipate growth in sales, while 55 per cent foresee enhanced profitability. Optimism remains high, with 82 per cent anticipating revenue growth over…
Over 36 per cent of the 400 drug manufacturing units inspected by India’s drug regulator since last year have been directed to cease operations, said a senior government official on Thursday. Since December 2022, the Central Drugs Standard Control Organization (CDSCO) has been carrying out risk-based inspections of manufacturing facilities. During the Indian Pharmaceutical Alliance’s…
Airtel and Jio have hiked their mobile tariffs by 11 to 25 per cent days after the recent spectrum auctions. In a move to increase average revenue per user (ARPU) and support investments in 5G infrastructure, Bharti Airtel announced a substantial hike in prepaid mobile tariffs on Friday. The revised rates, which reflect increases of 11…
India is likely to experience a mild slowdown in its rapidly expanding economy, according to a poll of economists by Reuters. Despite growing 8.2 per cent in the last fiscal year, the fastest among major economies in Asia, growth is anticipated to decelerate to 7.0 per cent in the current fiscal year and further to…
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $61,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains across the board as the overall Market Fear & Greed Index…
The Securities and Exchange Board of India (SEBI) on Thursday approved new norms to regulate unregistered financial influencers, commonly known as finfluencers. This decision addresses growing concerns over the potential risks posed by these influencers, who often provide biased or misleading advice while operating on a commission-based model. In a statement released after its board…
Union Budget 2024: With the NDA government securing another term in office, all eyes are now on the upcoming Union Budget 2024, which is expected to be announced in July. Stakeholders across various sectors, including industries, farmers, taxpayers, and the middle class, are eagerly awaiting potential tax breaks and incentives from Finance Minister Nirmala Sitharaman….
