New Delhi: US tech giant Amazon announced on Wednesday that it was cutting 16,000 jobs globally. This is the company’s second major round of layoffs since October. Beth Galetti, Senior…
Category: Economy
Big Update for NPS Subscribers! PFRDA Launches Swasthya Pension Scheme; Eligibility, withdrawal rules & charges
New Delhi: In a move that could reshape how Indians plan for both retirement and medical needs, the Pension Fund Regulatory and Development Authority (PFRDA) has introduced the ‘NPS Swasthya…
You thought Rs 2 lakh/month is a good salary? CA explains why middle class Indians in metro cities are still facing difficulty
New Delhi: For many middle class Indians, earning Rs 2 lakh a month in a metro city seems like a win-win scenario. However, many Tier-1 city earners find that their…
Elon Musk, Vinod Khosla clash over ‘white people’ row on social media
New Delhi: A heated exchange between SpaceX founder Elon Musk and venture capitalist Vinod Khosla erupted on social media after Musk posted that the global population share of white people…
Pakistan losing Rs 1 trillion revenue due to rampant tax evasion
New Delhi: Tax evasion in the real estate sector is bleeding Pakistan’s national exchequer roughly Rs 500 billion annually, illicit tobacco is costing another Rs 310 billion, and multiple consumer…
Sensex up over 500 points, Nifty crosses 25,350 buoyed by India-EU FTA
Mumbai: The Indian equity markets posted strong gains on Wednesday, extending gains from the previous session after the conclusion of a long-awaited trade deal with the European Union (EU) raised…
Amazon’s ‘accidental’ layoff mail sparks fresh fears of job cuts at AWS
New Delhi: An internal Amazon Web Services (AWS) email, seemingly sent by mistake referencing “organizational changes,” heightened speculation that US tech giant Amazon may announce another round of layoffs, though…
RBI needs to innovate on OMO management as better signalling device: SBI report
New Delhi: Even as the RBI has cut repo rate by 125 basis points and has proactively injected/announced Rs 6.6 lakh crore in the current fiscal as part of open…
New tax regime: Is ELSS still worth investing without section 80C benefits?
New Delhi: With the Indian government pushing more taxpayers towards the new tax regime, many investors are reassessing their financial strategies — especially when it comes to tax-saving investments like…
Union Budget 2026: Nirmala Sitharaman participates in ‘Halwa Ceremony’ at Finance Ministry
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday (January 27) took part in ‘Halwa Ceremony’ being held at Ministry of Finance, North Block, to mark the beginning of printing…