US tech layoffs increase as the world faces a severe recession

Synopsis: US tech Layoffs- The global recession, followed by rising inflation, has resulted in layoffs at several notable technology firms around the world. US tech layoffs increase as the world faces a severe recession US tech layoffs: The global recession, followed by rising inflation, has resulted in layoffs at several notable technology firms around the … Read more

Third-largest stock market by 2030, India to become third-largest economy by 2027

Third-largest stock market by 2030, India to become third-largest economy by 2027

By 2027, India will overtake Japan and Germany to become the third-largest economy, according to a Morgan Stanley estimate. By 2030, the nation is expected to have the largest stock market thanks to significant investments in both technology and energy. It is no secret that India has recently grown to become one of the world’s … Read more

Russia becomes India’s largest oil supplier in October

Russia becomes India's largest oil supplier in October

Russian oil was imported by India at a rate of 68,600 barrels per day (bpd) in March, 266,617 bpd the following month, and a peak of 942,694 bpd in June. But at 1.04 million bpd of oil, Iraq was India’s leading supplier in June. Russia overtook China as India’s second-largest supplier during that month. Russia … Read more

Lionel Messi roped in as BYJU’S Global Brand Ambassador for ‘Education for All’ initiative

messi

Next to Cristiano Ronaldo, Lionel Messi is the football player most in demand for endorsement deals. He has been appointed as BYJU’S’ global brand ambassador for the company’s “Education for All” project. Football player and global sports icon Lionel “Leo” Messi has been named the first global brand ambassador of BYJU’S, the premier provider of … Read more

Fed hikes interest rates again, up 0.75 percentage points

Synopsis: Fed hikes interest rates by 0.75 percentage point for the fourth time in a row on Wednesday, as central bankers continue to fight inflation despite growing concern about the risks of a recession next year. Fed hikes interest rates again, up 0.75 percentage points On Wednesday, The Federal Reserve raised interest rates by 0.75 … Read more

Elon Musk to lay off half of Twitter’s workforce, plans to revoke work-from-anywhere policy

Elon Musk

Elon Musk and his Twitter advisory board have been analysing potential possibilities for layoffs and other policy adjustments, and they’ve also noted that the specifics of the headcount decrease may yet alter. According to insiders, in one scenario under consideration, laid-off employees would be provided with 60 days of severance compensation. Following his $44 billion … Read more

Elon Musk new rule for Twitter employees: Work 12 hours a day, 7 days a week or get fired

Synopsis: Twitter employees are now reportedly working longer hours than before since Elon Musk took over the social media platform. Elon Musk new rule for Twitter employees: Elon Musk recently purchased Twitter and made some significant platform changes. However, it appears that this is costing a lot to employees. According to sources, some Twitter engineers … Read more

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