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 […]
Finance
ATM services are likely to be affected on November 19
Banks are open on the first and third Saturdays of every month, including November 19, which falls on the third Saturday. The second and fourth Saturdays of the month are still observed as holidays by all banks in India. On November 19, banking operations are likely to be impacted as the All India Bank Employees […]
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 […]
How To Apply For Biden’s Student Loan Forgiveness?
After millions of borrowers submitted applications for Biden’s student loan forgiveness through a beta version of the website that was made available late last week, President Biden announced the official launch of the online student loan debt relief application on Monday. At a press conference to announce the program’s beginning, Vice President Joe Biden referred […]
Amul milk price hiked by Rs 2 per litre ahead of Diwali; third hike this year
For the second time in two months, Amul raised the cost of its Gold, Shakti, and Taaza milk brands by Rs 2 per litre in August. Previously, on March 1, 2022, milk prices were increased by Rs 2 per litre. For the third time this year, Amul has raised the price of milk, which is […]
5 Unnecessary Wastes of Money you don’t think about
Some money-saving advice is apparent, such as travelling in coach, dining less out, or giving up expensive bad habits like smoking. Some strategies are uncommon enough to make them impractical for regular savings, such as picking less expensive hotels when travelling or purchasing a used car rather than a new one. These strategies are excellent […]
IMF projection: Global growth at mere 2.7 per cent in 2023, India’s at 6.1 per cent
According to IMF Chief Economist Pierre-Olivier Gourinchas, India has been doing extremely well in 2022 and is predicted to develop very strongly in 2023. The Indian economy is performing reasonably well, according to the International Monetary Fund, but more monetary tightening is needed. IMF Chief Economist Pierre-Olivier Gourinchas announced that the organization’s estimate of India’s […]
Adani Group in talks to buy Jaiprakash’s cement unit for Rs 5,000 crore
The debt-ridden cement division of Jaiprakash Associates Ltd. could be acquired by Adani Group for $606 million. An announcement regarding the acquisition should be made as soon as this week by one of the cement businesses that Adani Group just acquired. Adani Group, owned by billionaire Gautam Adani, is in advanced talks to pay $606 […]
10 Richest People in the World: After Adani’s entry into the list
The list of the richest people in the world has recently changed. The founder of the Adani Group, Gautam Adani, is now the third richest person in the world, according to the Bloomberg Billionaires Index, and he provides this update. The co-founder of LVMH Moet Hennessy Louis Vuitton, Bernard Arnault, and Microsoft’s Bill Gates have […]
Is U.S. Economy Headed towards a Recession in 2022?
The U.S. economy shrank by 0.9% over the past three months. The economy has downsized for the second consecutive quarter. Gross domestic product, or GDP, fell by 1.6 % in the first quarter. Although two consecutive quarters of negative growth are frequently regarded as a recession, there is no official definition of the term. The […]