CATEGORIES

Sebi proposes rule on investor funds

Daily upstreaming of all client funds from stock brokers, others likely

US picks Ajay Banga for World Bank

Former Mastercard CEO likely to be finalised for president by early May

China Deepens Russia Ties As Biden Rallies Nato On Ukraine

Putin confirms Xi visit, hails cooperation in meeting with Wang Yi

Meta Plans 'Thousands' More Job Cuts

META PLATFORMS IS preparing for a new round of job cuts, targeted at divisions across the company and around the world, as part of a reorganizing and downsizing effort that could affect thousands of workers, the Washington Post reported.

Most WhatsApp Users Receive Pesky Messages Daily: Survey

AS THE TELECOM Regulatory Authority of India (Trai) is looking at ways to address the issue of pesky communication, 95% of WhatsApp users claim that they get those unwanted messages daily, mostly from someone selling financial services, real estate, offering jobs/earning opportunities, healthcare, and pathology services.

Vivek Ramaswamy to fight US Presidential polls

INDIAN-AMERICAN entrepreneur TECH Vivek Ramaswamy has launched his 2024 presidential bid with a promise to \"put merit back\" and end dependence on China, becoming the second community member to enter the Republican Party's presidential primary after Nikki Haley.

Ambani repeats Jio playbook for IPL

IT'S A FAMILIAR playbook for Reliance Industries (RIL), which offered mobile service at prices far below the competition, signing up hundreds of millions of customers and putting rivals out of business.

Sebi asks regulated entities to beef up cyber measures

THE SECURITIES AND Exchange Board of India (Sebi) on Wednesday laid down a number of measures for its regulated entities (REs) to mitigate the cybersecurity threat to the securities market.

WazirX shuts down NFT marketplace

INDIAN CRYPTO EXCHANGE WazirX has shuttered its marketplace for non-fungible tokens (NFT), according to a notice on its website on Tuesday. \"The WazirX NFT marketplace has been sunset,\" the notice read.\"You can still trade your NFTs on OpenSea.\" The NFT marketplace was launched in June 2021.

G20: Deputies deliberate on global growth, inflation and debt

BEFORE THE GATHERING of G20 Finance Ministers and Central Bank Governors on Friday-Saturday at Bengaluru, the group's Finance Track Deputies meeting began on Wednesday to finalise the communique on global growth, inflation and debt vulnerability challenges.

IMF chief: Stay the course on monetary tightening

India to bring 15% of global growth in FY23, says Georgieva

Zomato junks Instant, launches Everyday for home-styled food

TO RIVAL EXISTING APPS LIKE COOKR, FOODCLOUD & HOMEFOOD

McKinsey to sack 2,000 in one of its biggest cuts

MCKINSEY PLANS TO eliminate about 2,000 jobs, one of the consulting giant's biggest rounds of cuts ever.

MSCI India enters correction amid selloff in Adani stocks

A KEY MSCI gauge of Indian stocks has entered a technical correction as the selloff in Adani Group shares deepened. The MSCI India Index slid 1.5%, taking its losses from a December 1 peak to more than 10%. Eight of the 10 Adani-linked stocks are part of the measure. They were the biggest decliners on the index on Wednesday.

Disinflation path likely to be protracted: RBI governor

Headline inflation is likely to moderate to 5.3% in FY24

Xi to country: Speed up basic research to counter US curbs

CHINESE PRESIDENT XI Jinping urged the country to accelerate fundamental scientific research so it can become self-reliant in critical technologies, capping a series of government proclamations in past days about the need to counter Washington's sanctions on everything from semiconductors to software.

Pakistan, Sri Lanka close in on IMF deals after raising taxes

PAKISTAN AND SRI LANKA are getting close to securing bailouts from the International Monetary Fund after taking a series of steps including tax increases to boost their beleaguered economies.

BSNL CMD reads riot act as 13 circles see fall in revenue

SURVIVING ON GOVERNMENT'S bailout package of ₹1.64 trillion, state-owned BSNL's revenues in 13 circles has seen a sharp decline during April-December period of the current fiscal, leading the company's chairman and managing director read the riot act to the chief general managers (CGMs) of the circles concerned.

Fed blues make markets see red

₹3.7 trn eroded in biggest single-day fall in two months

Workers with digital skills add ₹11 trn to GDP: Study

Such workers earn 92% higher salaries, says the AWS report

Sebi plans to allow perpetual funds

Option to redeem portions at certain intervals available

India A Bright Spot, But High Inflation A Risk Factor: IMF

The IMF has projected India to grow by 6.8% this fiscal before slowing to 6.1% in 2023-24 and then posting a recovery to 6.8% in 2024-25.

Putin Issues Nuke Warnings To West

US calls Putin's move 'deeply irresponsible'

SpiceJet board to consider raising fresh funds on Feb 24

The no-frills airline, grappling with multiple headwinds, including legal woes, is looking to raise fresh capital through issuance of eligible securities to qualified institutional buyers

NCLAT reserves order in RCap bankruptcy case

Gives all parties three days to file submissions

Kotak's MFI book to receive Sonata boost after acquisition

Last week, the bank announced the acquisition of Sonata Finance for ₹537 crore. The company has reported a total income of ₹306 crore and a net profit of ₹14 crore in FY22.

Microsoft in showdown with EU to save $69-billion deal

Software giant in Brussels showdown with EU officials

Oyo to double premium hotel count

400 hotels added in the segment in Oct-Dec quarter

Spectrum in 6 GHz band key for 5G: COAI

The Cellular Operators Association of India (COAI) on Tuesday reiterated its demand for the spectrum in 6 GHz band. The telecom body said that the spectrum is critical for the cost-effective rollout of the 5G network, offering better capacity and coverage to the telecom companies.

Price cap: Refiner faces Russian payment issues

Previously, HPCL paid for Russian crude in dollars, dirhams and roubles. No payments have so far been processed in rupees