Friday, March 29, 2024

Business

US announces fusion tech clean energy breakthrough for warming world

New York: The US has announced a breakthrough in clean energy for a warming globe through fusion technology that could transform the way the world is powered, imitating the process that makes the sun and stars shine. White House Science and...

Twitter suspends Indian microblogging platform Koo’s query handle

Microblogging site Twitter has suspended an account of the Indian microblogging platform Koo. The Twitter handle @kooeminence, which had been set up for users’ queries, was suspended on Friday.  The development came in the wake of billionaire Elon Musk-owned Twitter suspending the accounts...

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Days after the budget airline SpiceJet claimed that its safety processes were found to be strong during an exhaustive audit by the International Civil Aviation Organisation (ICAO), the UN’s civil aviation agency clarified that visits to operators...

After mass layoffs, CEO Sundar Pichai to take salary cut

Alphabet CEO Sundar Pichai in a recent town hall meeting announced a ‘significant reduction’ in annual bonuses for all roles above the senior vice president level. Pichai himself is likely to see a reduction in salary, as his compensation...

India’s digital transactions in 2022 more than US, UK, Germany, France combined

In a major push to the Digital India initiative, the digital payment transactions of India in 2022 were more than the combined digital payments of UK, Germany, France and the US. This was stated by Union Minister of Railways, Communications,...

Goldman Sachs to cut about 3,200 jobs after cost review

New York: Goldman Sachs Group will start cutting thousands of jobs across the firm this week, reports said citing sources, as it prepares for a tough economic environment. The sources could not be named as the information was not yet made...

Third of global economy will be in recession this year: IMF

Washington, Jan 2 (IANS) International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023 will be “tougher” than 2022 as the US, EU and China...

Pakistan Taliban issues threat to Shehbaz Sharif, Bilawal Bhutto

Islamabad: The Tehreek-e-Taliban Pakistan (TTP) has announced that it is considering taking concrete steps against the two major parties of the ruling coalition – the Pakistan People’s Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N), according to a media...

World Bank upgrades India’s GDP growth forecast to 6.9%

New Delhi: The World Bank has revised India’s 2022-23 GDP growth forecast upward to 6.9% from 6.5% estimated in October after factoring in “a strong outturn” in the second quarter of the current financial year. India is “well placed” to...

Indian IT major TCS to design railway data platform for the UK

Earlier this year, India’s Tata Consultancy Services surpassed tech giant IBM to become the most valuable IT brand in the world. With a presence in 46 countries, TCS has also achieved the status of the top IT service provider...

Latest News

US announces fusion tech clean energy breakthrough for warming world

New York: The US has announced a breakthrough in clean energy for a warming globe through fusion technology that could...