Search Results for: economic recession

K'taka govt urged to rationalise tax on premium alcohol-beverage products [Details]

The International Spirits and Wines Association of India (ISWAI), the apex body of the premium Alcohol-Beverage (AlcoBev) sector, has urged the Karnataka government to consider rationalisation of additional excise duty on premium products in order to generate revenues from the local consumption of quality premium AlcoBev brands.

Jun 25, 2022

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

Multiple crypto exchanges have announced layoffs that will, by Insiders' calculations, add up to roughly 1,700 job cuts in total.

Jun 22, 2022

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

In a surprise move, French businessman Michel Combes, who joined as SoftBank Group International CEO in January this year, has resigned, the company announced on Wednesday.

Jun 22, 2022

Bitcoin bounces back, reclaims $20,000-range, experts warn of bull trap potential

The last couple of months have not been up to the mark and the market has witnessed Billion of Dollars being wiped out of the total cryptocurrency market cap, and reports have suggested that further more losses are waiting at the horizon.

Jun 22, 2022

How yoga got major boost in Saudi; expedited licenses, investments through KSA's Nafs [details]

Saudi Yoga Committee joins "Nafs" platform; boosts investment, expedites license issuance [details]

Saudi Yoga Committee has launched its own page on sports ministry's "Nafs" platform in a bid to encourage investment in yoga and expedite license issuance.

Jun 22, 2022

Cryptocurrency: Bitcoin surges past $20K, Ethereum crosses $1,100 per coin

After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital coin on Monday, around 16 per cent gain over the weekend.

Jun 20, 2022

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Markets to recover some lost ground, says Arun Kejriwal on equity indices of Indian markets this week

Jun 20, 2022

Shock-absorbing capabilities of Indian retail investors is the silver lining

In recent months, the stock market has been witnessing significant volatility with foreign portfolio investors (FPIs) going on a selling spree amid tightening monetary policy actions to address rising inflation and geopolitical tensions.

Jun 19, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Digital assets: End of the crypto craze? Indian investors wary as mega sell-off continues

As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the wake of global economic meltdown.

Jun 18, 2022

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Friday as investors evidently feared a looming recession.

Jun 18, 2022

London Stock Exchange in London, Britain

Global markets plunge again amid interest rate hikes, fuel recession fears

The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world into recession.

Jun 17, 2022

Spotify to 'reduce' new hiring by 25% amid economic slowdown

Swedish music streaming giant Spotify is reportedly reducing new hiring by at least 25 per cent as tech companies navigate through volatile market conditions globally.

Jun 16, 2022

US Fed makes rate hike of 0.75 percentage points, highest since 1994

To tame the inflation that is at its highest in 40 years, the US Federal Reserve raised the interest rate by 0.75 percentage points, the biggest since 1994

Jun 16, 2022

5G to make India a global hub for manufacturing, supply chain and R&D [details]

Private 5G networks are about the deployment of high speed, enhanced data capacity, and ultra-low latency applications inside a closed manufacturing unit, hospital, airport, shipping port, etc.

Jun 15, 2022

Pakistan's new finance ministry chief Miftah Ismail

PAK could meet Sri Lanka's fate…; Pakistan finance minister sounds the alarm [details]

Pakistan's finance minister Miftah Ismail demands tough decisions like abolishing subsidies on petroleum products to avoid ending up in a similar position as that of Sri Lanka.

Jun 14, 2022

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Search Results for: economic recession

K'taka govt urged to rationalise tax on premium alcohol-beverage products [Details]

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

Bitcoin bounces back, reclaims $20,000-range, experts warn of bull trap potential

Saudi Yoga Committee joins "Nafs" platform; boosts investment, expedites license issuance [details]

Cryptocurrency: Bitcoin surges past $20K, Ethereum crosses $1,100 per coin

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Shock-absorbing capabilities of Indian retail investors is the silver lining

Digital assets: End of the crypto craze? Indian investors wary as mega sell-off continues

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Global markets plunge again amid interest rate hikes, fuel recession fears

Spotify to 'reduce' new hiring by 25% amid economic slowdown

US Fed makes rate hike of 0.75 percentage points, highest since 1994

5G to make India a global hub for manufacturing, supply chain and R&D [details]

PAK could meet Sri Lanka's fate…; Pakistan finance minister sounds the alarm [details]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]