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Business
]This shipping company is giving 5 years of salary as bonus
Published on Mar 21, 2023 10:01 PM IST
Taiwan shipping company Evergreen, that made headlines in 2021 when its container ship blocked the Suez Canal, is handing out massive bonuses to its 3100 workers after a jump in its profits.
Bengaluru company to hire chief meme officer, salary ₹1 lakh
According to the job posting, the chief meme officer would be responsible for creating financial memes that GenZ can relate to.
Published on Mar 21, 2023 09:59 PM IST
No direction on loading or not loading ₹2,000 notes in ATMs: FM
RBI in consultation with the government has announced various measures recently to diversify and expand the sources of forex funding to mitigate exchange rate volatility and global spillovers, she said.
Published on Mar 21, 2023 08:22 PM IST
PTI | | Posted by Yagya Sharma
Amazon CEO's letter to staff as 27,000 workers sacked this year
Amazon CEO Andy Jassy called the latest round of layoffs, which cut 9,000 more jobs, a 'difficult decision' in his letter to employees.
Published on Mar 21, 2023 05:04 PM IST
Sensex gains 445 points to settle at 58,074; Nifty in green above 17,100
Among the Sensex stocks, Reliance Industries climbed the most by 3.11 per cent. Bajaj Finance, Titan, Axis Bank, ICICI Bank, Bajaj Finserv, IndusInd Bank, UltraTech Cement, Larsen & Toubro, HDFC Bank, HDFC and Kotak Mahindra Bank were among the other major winners.
Published on Mar 21, 2023 03:35 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
IMF says Pakistan must complete 'few remaining points' to get $6.5 bn loan
Pakistan has taken tough measures including increasing taxes and energy prices, and allowing its currency to weaken to restart a $6.5 billion IMF loan package.
Updated on Mar 21, 2023 02:33 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
Airlines allowed to hire expats to fly B777 aircraft due to shortage of pilots
Air India, which was acquired by the Tata Group last year, has already indicated that the airline will have to cancel several long-haul flights due to crew shortages over the next few months.
Updated on Mar 21, 2023 01:51 PM IST
IMF bailout not a silver bullet for Sri Lanka, warns Moody's Analytics
“The exuberance that has been reflected in the financial markets will really fade unless we see some significant improvements from the government as also in Sri Lanka's growth prospects,” said Moody's Analytics.
Published on Mar 21, 2023 12:46 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Sri Lanka secures IMF bailout amidst ongoing economic crisis: Timeline of events
International Monetary Fund (IMF) says its executive board approved a nearly $3 billion bailout for Sri Lanka. The decision will allow an immediate disbursement of about $333 million.
Published on Mar 21, 2023 12:31 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Justifying the Nokia X30’s ₹47,999 price tag is a futile effort
The Nokia X30 is a mid-range-ish Android phone costing much higher than what it should. If priced right, the consistency would have stood out
Published on Mar 21, 2023 10:49 AM IST
Petrol and diesel prices today: Check fuel rates in your city on March 21
Petrol and diesel prices: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month.
Published on Mar 21, 2023 10:35 AM IST
HT News Desk | Written by Shobhit Gupta
Credit Suisse rescue sends relief, but First Republic shares slump continues
Less than a week after large U.S. banks pumped $30 billion in deposits into the midsized U.S. lender, investors dumped First Republic on worries that infusion of capital would not be enough. Ratings agency S&P Global also downgraded it deeper into junk status on Sunday, citing liquidity risks.
Published on Mar 21, 2023 10:30 AM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Market begins with minor gains, Sensex near 58,000, Nifty above 17,000
Among the Sensex stocks, Bajaj Finance, Titan, Reliance Industries, Bharti Airtel, UltraTech Cement, Asian Paints, ICICI Bank and Bajaj Finserv were among the major winners.
Published on Mar 21, 2023 09:21 AM IST
PTI | HT News Desk
Gold price declines ₹500, silver slumps ₹1: Check latest prices
Last month, the 22k gold achieved the highest rate of ₹53,600 on February 2, while 24k of gold was priced at ₹58,470 on the same day.
Published on Mar 21, 2023 09:03 AM IST
HT News Desk | Written by Shobhit Gupta
Indian-origin Laxman Narasimhan takes over as Starbucks CEO
In September last year, Starbucks had announced that Narasimhan would become the company’s next chief executive officer and a member of the Starbucks Board of Directors.
_1662080041057_1679349492727_1679349492727.jpg "Laxman Narasimhan")
Updated on Mar 21, 2023 03:52 AM IST
PTI |
Oil companies breathe easy as global prices dip
The three public sector oil refiners, Indian Oil, Bharat Petroleum and Hindustan Petroleum, which control over 90% of the domestic fuel retail business, no longer incur any losses on sale of petrol and diesel, three people aware of the matter said.
Updated on Mar 21, 2023 02:58 PM IST
Rajeev Jayaswal, New Delhi
What Google employees told Sundar Pichai after mass layoffs
Over 1,400 Google employees have written an open letter to CEO Sundar Pichai demanding a more humane handling of layoffs.
Published on Mar 20, 2023 10:22 PM IST
RBI slaps ₹2.27 crore fine on RBL Bank for rule violations
The RBI said the penalty on RBL Bank is based on the deficiencies in regulatory compliance relating to the period fiscal 2018-19 to 2021-22.
Published on Mar 20, 2023 09:19 PM IST
PTI |
Amazon to cut 9,000 more jobs in fresh layoff round: Report
CEO Andy Jassy said Amazon had added substantial amount of staff in the past few years, but the uncertain economy forced it to choose cost and headcount cuts.
Updated on Mar 20, 2023 08:52 PM IST
Reuters | | Posted by Ritu Maria Johny
Income tax return: You should avoid these errors while filing ITR
For filing ITR, individual taxpayers have a deadline of July 31 each year, while businesses and other entities have a deadline that varies depending on their category.
Published on Mar 20, 2023 08:03 PM IST
Lingamgunta Nirmitha Rao | Edited by Aryan Prakash
UK PM Sunak trusts UK Banking system safe despite Credit Suisse collapse
“We do believe we have a robust system, a strong system,” Prime Minister Rishi Sunak’s official spokesman Max Blain told reporters on Monday.
Published on Mar 20, 2023 06:17 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
Aadhaar deactivation for a deceased person soon: Report
The Registrar General of India had asked UIDAI for feedback on draft amendments to the Registration of Birth and Death Act, 1969, to include the deceased person's Aadhaar number when issuing a death certificate.
Published on Mar 20, 2023 05:58 PM IST
Lingamgunta Nirmitha Rao | Edited by Aryan Prakash
Who are the winners and losers of UBS-Credit Suisse deal
UBS’s chief executive officer will see the bank’s wealth and asset management invested assets soar to about $5 trillion.
Published on Mar 20, 2023 05:10 PM IST
Bloomberg |
At ₹1,400, gold achieves life-time high; silver zooms ₹1,860
In the previous trade, gold had ended at ₹58,700 per 10 grams.
Published on Mar 20, 2023 04:33 PM IST
PTI |
Meet Dixit Joshi, the Indian-origin CFO of Credit Suisse
Dixit Joshi had taken over as Credit Suisse's chief financial officer in October 2022.
Updated on Mar 20, 2023 03:56 PM IST
Sensex slumps by 360 pts to end at 57,628, Nifty settles at 16,988
The 30-share BSE Sensex declined by 360.95 points or 0.62 per cent to close at 57,628.95 as 23 of its stocks ended in the red.
Published on Mar 20, 2023 03:39 PM IST
PTI | | Posted by Shobhit Gupta
Stocks slump as Credit Suisse rescue fails to ease fear of global crisis
Asia gains for S&P 500 futures and European futures reversed as the sun rose in London. S&P 500 futures were last down 1%. European futures dropped 1.2% and FTSE futures fell 1.5%, and investors rushed to price in interest rate cuts.
Published on Mar 20, 2023 01:54 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Key takeaways from Delhi Economic Survey
Delhi Economic Survey highlights: The survey report said that tax collection of the Delhi government registered a tremendous growth of 36 per cent during 2021-22 (provisional) as compared to the negative growth of 19.53 per cent in 2020-21 (due to COVID-19 pandemic).
Published on Mar 20, 2023 01:32 PM IST
PTI | | Edited by Singh Rahul Sunilkumar
Packages for women homemaker, UPSC aspirants: Highlights of Tamil Nadu budget
Tamil Nadu budget 2023: Finance Minister Palanivel Thiaga Rajan tabled the state budget for 2023-24 financial year in the legislative assembly on Monday. Here is the highlight of schemes announced in the budget.
Published on Mar 20, 2023 12:42 PM IST
‘Shockingly...we don't have enough planes’: Scindia on easing of leasing rules
The manufacturers are struggling to keep pace with the aircraft demand as the airline traffic is recovering quickly from coronavirus restrictions.
Published on Mar 20, 2023 11:42 AM IST
Reuters |
