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Moody's Analytics sees another 60-80 bps hike in repo rate this year

Hours after the Reserve Bank of India raised key lending rates, or repo rate, by 50 basis points to 4.9 per cent, global financial services company Moody's Analytics said the central bank could hike the repo rate by another 60 to 80 basis points through the rest of the year. Jun 9, 2022
Shaktikanta Das, Governor, Reserve Bank of India

RBI's monetary policy meet: Some expectations from the ongoing meet

Though the RBI's raising policy rates in the ongoing monetary policy committee meeting is a "no-brainer", as its Governor Shaktikanta Das said in a recent interview, investors, however, await the actual degree of percentage hike before taking fresh positions and future course of action in the financial markets. Jun 7, 2022
Diabetes, a silent disease with life-threatening complications

Why not all obese patients develop diabetes [Details]

Obesity, often a result of eating too much fat and sugar in combination with low physical activity, is known as a key factor for developing Type 2 diabetes. However, some obese people do not develop the disease that affect millions globally. Turns out their gut bacteria have a role to play. Jun 6, 2022
Elon Musk

Elon Musk plans 10% staff cut at Tesla, freezes hiring

Elon Musk is reportedly planning to axe 10 per cent of Tesla staff, along with freezing hiring amid stalled Twitter deal, global macroeconomic conditions like chip shortage, rising inflation and high interest rates. Jun 4, 2022
Angel investor slams ex-Twitter India head of bullying at his startup

Angel investor slams ex-Twitter India head of bullying at his startup

As former Twitter India head Manish Maheshwari quit Invact Metaversity -- an online platform for education and Web3.0 and Metaverse -- in just six months of its birth, skeletons have started tumbling out after one of the angel investors accused Maheshwari of "lying and bullying". May 28, 2022