Browsing Category
ECONOMY
Union Labour Ministry summons Amazon over layoffs
Bengaluru: The Union Labour Ministry has summoned Amazon India to appear before the Deputy Chief Labour Commissioner in Bengaluru on Wednesday in connection with the alleged forced terminations by the company.
"You (Amazon) are therefore…
Negotiations on India-UK free trade pact to restart next month: Piyush Goyal
New Delhi: The government said on Tuesday that the negotiations on the proposed free trade agreement (FTA) between India and the UK are very much on track and are expected to restart next month.
Union Commerce Minister Piyush Goyal,…
Odisha woman entrepreneur Rashmi Sahoo bags prestigious IWEC international honour
Bhubaneswar: Odisha's most trusted ready-to-eat food products brand FARRMB and FROZIT founder- Director, well-known mompreneur Rashmi Sahoo has shined at the recently held International Women's Entrepreneurial Challenge-2022 summit in…
Government withdraws export duty on steel
New Delhi: The Centre has restored the status quo as was prevailing prior to May 22 and withdrawn the export duty on iron ores lumps and fines below 58 Fe content, iron ore pellets and the specified steel products, including pig iron.…
ECB warns of financial stability risks in euro area
Frankfurt: The European Central Bank (ECB) sees growing risks for financial stability in the euro area and warns that the likelihood of a recession is rising there.
Presenting the bank's financial stability review here on Wednesday, ECB…
IndiGo re-commences Hyderabad-Dhaka flights
New Delhi: IndiGo on Wednesday announced the re-commencement of the Hyderabad-Dhaka flights from December 8 onwards.
Vinay Malhotra, Global Sales Head, IndiGo, said: "In line with our aim to reconnect India with international markets…
Amazon plans to lay off 10,000 of its workforce
San Francisco: Amazon is reportedly planning to lay off approximately 10,000 of its workforce in corporate and technology roles beginning this week, a media reported.
According to The New York Times, the cuts will target Amazon's devices…
On 12th Foundation Day, EVOS launches its renewed vision
Bhubaneswar: Odisha’s premier real estate brand EVOS Buildcon unveiled its larger than life vision at a grand function held at a city-based hotel here. Led by leading entrepreneurial coach and motivational speaker Santosh Nair
and founder…
Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange
San Francisco: Crypto.com has admitted that it mistakenly sent over $400 million in Ethereum digital coins to another crypto exchange called Gate.io.
Crypto.com CEO Kris Marszalek said in a tweet that the company was supposed to send…
Indian-origin Nishad Singh under scanner for crypto exchange FTX crash
San Francisco: Indian-origin Nishad Singh, is being scrutinized for financial practices that caused the collapse of FTX, one of the world's largest cryptocurrency exchanges.
He lived with the FTX founder along with 9 others.
Singh was…