Watch: How TikTok ‘went dark’ in the US TikTok is resuming services to its 170 million users in US after President-elect Donald Trump said he would issue an executive order to give the app a reprieve when he takes office on Monday. On Saturday evening, the Chinese-owned app stopped working for American users, after a law banning it on national …
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‘Need R&D PLI to make India innovation hub’ – The Times of India
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Read More »Eco environment suitable for private investment: Survey – The Times of India
NEW DELHI: India’s current economic environment is conducive for private investments with the country emerging as a “bright spot” amid the challenging global environment, a CII survey showed. Results revealed that 97% of the firms may increase employment in 2024-25 and 2025-26. In fact, 79% firms said they added more people over the past three years. Around 70% of the …
Read More »Inauguration of Trump, Q3 results to weigh on stock markets – The Times of India
Donald Trump (File photo) NEW DELHI: Corporate earnings from blue chips like HDFC Bank, ICICI Bank, Donald Trump’s swearing-in as the US President, and trading activity of foreign investors are the key factors to drive equity markets this week, analysts said.Trump will be sworn in as the US president for a second term on Monday. This week, several key Nifty …
Read More »Tech hiring slump: Top 5 IT companies see headcount drop by 2,600 in Dec quarter – The Times of India
BENGALURU: India’s $254-billion IT sector has witnessed a structural shift in its operational model while navigating evolving technological landscapes. This demonstrated a departure from the conventional barometer of relying on headcount-linked growth as low-to-medium complexity tasks get automated.In the Dec quarter, the top five Indian IT firms saw a collective net headcount reduction, which stood at 2,587, contrasting sharply with …
Read More »India’s foreign exchange reserves hit 10 month low at $625 billion – The Times of India
NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as of 10 January, according to data from the Reserve Bank of India (RBI). This marks a decline of $8.72 billion against the previous week, continuing the slump from the all-time high of $704.89 billion recorded in September.The drop in …
Read More »Private investments and job growth set to boost economy: CII survey – The Times of India
NEW DELHI: A recent survey conducted by the Confederation of Indian Industry (CII) reveals an optimistic outlook for the Indian economy, with 75 per cent of the companies believing the present environment is conducive to private investments. This positive sentiment persists despite continuous challenges posed by geopolitical uncertainties and disrupted supply chains. With 70 per cent of firms planning to …
Read More »Donald Trump will want a good deal with UK, says minister
BBC Chief Secretary to the Treasury Darren Jones appearing on Sunday with Laura Kuenssberg President-elect Donald Trump will want to do a good deal with the UK, Chief Secretary to the Treasury Darren Jones has insisted. Jones, the chancellor’s second-in-command, said he was confident UK-US trading relationships could be deepened and that Peter Mandelson will be “brilliant” as the new …
Read More »Mcap of 6 of 10 most valued firms erodes by Rs 1.71 lakh crore; Infosys, TCS major laggards – The Times of India
NEW DELHI: The combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore last week, with IT majors Infosys and Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark lost 759.58 points or 0.98 per cent, and the Nifty declined by 228.3 points or 0.97 per cent. From the …
Read More »India’s current economic environment conducive for private investments: CII survey – The Times of India
India’s current economic environment is conducive for private investments with the country emerging as a “bright spot” amid the challenging global environment, according to a CII survey. The pan-India survey is an ongoing initiative, which would be completed for 500 firms by the first week of February. The interim results are based on a sample of 300 firms spread across …
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