India and Russia have reportedly suspended negotiations on a bilateral trade settlement mechanism in rupees. The discussions aimed to establish a permanent payment mechanism in rupees to facilitate cheaper transactions
News
May 4, 2023
Cognizant, an IT services company listed on Nasdaq, has announced its plans to lay off 3,500 employees due to an expected revenue decline in 2023. This decision comes as customers
Finance
Go First, a budget airline based in India has filed for bankruptcy, leaving its employees uncertain about the future of their jobs. The airline has been facing financial difficulties for
Industry
Exports of goods could reach between $495 billion and $500 billion in the fiscal year that ends in March 2024, while exports of services could top $400 billion. According to
According to a report, 163 Indian companies invested USD 40 billion in the US so far, which has led to the creation of close to 425,000 jobs in the nation.
Business
Captioned text Vodafone has confirmed that it is in talks with CK Hutchison, owner of rival telecoms company Three, about the potential merger of its UK operations. Vodafone UK is
China promotes Yuan as a global currency, in global trade and finance in an effort to reduce the dominance of the US dollar in the international financial system. Over the
The electric ride-hailing startup from India, BluSmart raises $42 million as it ramps up its conflict with the two market leaders, Ola Cabs and Uber Technologies Inc. BP Ventures, the
Investment & Funding
Netflix India’s VP of Content Monika Shergill said the company wants to run a profitable and sustainable business rather than a race to the bottom. Monika Shergill, Vice President of
Russia continued to be India’s biggest crude supplier in April. India’s oil imports from Russia are expected to peak in May, increasing its market share to 36%, but a gradual
NEET admit card 2023: The NEET UG exam is scheduled for May 7th. Today, May 4, the National Testing Agency (NTA) released the National Eligibility Cumulative Entrance Test for Undergraduate
Education
According to Bain and Company’s Future of India Retail Payments report, which was released on Thursday, merchant payments over the Unified Payments Interface are anticipated to expand by 40 to
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