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IndiaTV Business: Google News Feed: Digest for November 07, 2022

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Table of Contents

Fintech companies are financial service companies that use technology, specifically Artificial Intelligence to reach out to consumers who need financial assistance, even as to enable the vision of start-up India. Today, it comes as no surprise that we can get instant loans, make payments smoothly all because the accounts are linked and enable ease of access through digitization. While net banking laid the foundation for it, fintech have truly grown leaps and bounds in the past few years and has cut down the visits to traditional banks. Here is a few well-known fintech that has changed the way money transactions occur, and have made payment solutions truly seamless.
The government on Tuesday cut the windfall tax on domestically produced crude oil while increasing the rate of export of diesel and jet fuel (ATF) in line with the rise in international oil prices. The tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC), was cut to Rs 9,500 per tonne from Rs 11,000, beginning November 2, a government notification showed.
Twitter's new boss Elon Musk, on Tuesday, once again proposed a monthly subscription-based blue verification badge 'blue tick' facility for users on the microblogging site with exclusive features.

Bank holidays in November 2022 - Full list

Wednesday 02 November 2022 05:29 AM UTC+00
Bank holidays in November 2022: Banking operations will remain restricted on certain days in the month of November, as per the details shared by the Reserve Bank of India (RBI). It should be noted that online banking services will continue to function regardless of bank holidays. 

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Fintech companies are financial service companies that use technology, specifically Artificial Intelligence to reach out to consumers who need financial assistance, even as to enable the vision of start-up India. Today, it comes as no surprise that we can get instant loans, make payments smoothly all because the accounts are linked and enable ease of access through digitization. While net banking laid the foundation for it, fintech have truly grown leaps and bounds in the past few years and has cut down the visits to traditional banks. Here is a few well-known fintech that has changed the way money transactions occur, and have made payment solutions truly seamless.
The government on Tuesday cut the windfall tax on domestically produced crude oil while increasing the rate of export of diesel and jet fuel (ATF) in line with the rise in international oil prices. The tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC), was cut to Rs 9,500 per tonne from Rs 11,000, beginning November 2, a government notification showed.
Twitter's new boss Elon Musk, on Tuesday, once again proposed a monthly subscription-based blue verification badge 'blue tick' facility for users on the microblogging site with exclusive features.

Bank holidays in November 2022 - Full list

Wednesday 02 November 2022 05:29 AM UTC+00
Bank holidays in November 2022: Banking operations will remain restricted on certain days in the month of November, as per the details shared by the Reserve Bank of India (RBI). It should be noted that online banking services will continue to function regardless of bank holidays. 

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Fintech companies are financial service companies that use technology, specifically Artificial Intelligence to reach out to consumers who need financial assistance, even as to enable the vision of start-up India. Today, it comes as no surprise that we can get instant loans, make payments smoothly all because the accounts are linked and enable ease of access through digitization. While net banking laid the foundation for it, fintech have truly grown leaps and bounds in the past few years and has cut down the visits to traditional banks. Here is a few well-known fintech that has changed the way money transactions occur, and have made payment solutions truly seamless.
The government on Tuesday cut the windfall tax on domestically produced crude oil while increasing the rate of export of diesel and jet fuel (ATF) in line with the rise in international oil prices. The tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC), was cut to Rs 9,500 per tonne from Rs 11,000, beginning November 2, a government notification showed.
Twitter's new boss Elon Musk, on Tuesday, once again proposed a monthly subscription-based blue verification badge 'blue tick' facility for users on the microblogging site with exclusive features.

Bank holidays in November 2022 - Full list

Wednesday 02 November 2022 05:29 AM UTC+00
Bank holidays in November 2022: Banking operations will remain restricted on certain days in the month of November, as per the details shared by the Reserve Bank of India (RBI). It should be noted that online banking services will continue to function regardless of bank holidays. 

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Twitter's new boss Elon Musk, on Tuesday, once again proposed a monthly subscription-based blue verification badge 'blue tick' facility for users on the microblogging site with exclusive features.

Bank holidays in November 2022 - Full list

Wednesday 02 November 2022 05:29 AM UTC+00
Bank holidays in November 2022: Banking operations will remain restricted on certain days in the month of November, as per the details shared by the Reserve Bank of India (RBI). It should be noted that online banking services will continue to function regardless of bank holidays. 

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.

Air Asia sells remaining stake in India operations to Air India

Wednesday 02 November 2022 01:15 PM UTC+00
Air Asia sells stake to Air India: Air Asia Aviation Group Limited has decided to sell its remaining stake in India operations to Tata-led Air India. As per a regulatory filing, Air Asia India will sell its remaining 16.33 per cent of Air Asia's equity shares to Air India Limited, a subsidiary of Tata Sons Private Limited. 
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.
Twitter Blue: Twitter's chargeable blue tick verification service is expected to roll out in India in "less than a month", the microblogging platform's new owner, billionaire Elon Musk has said.
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.
Twitter Blue: Twitter's chargeable blue tick verification service is expected to roll out in India in "less than a month", the microblogging platform's new owner, billionaire Elon Musk has said.
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.
Twitter Blue: Twitter's chargeable blue tick verification service is expected to roll out in India in "less than a month", the microblogging platform's new owner, billionaire Elon Musk has said.
RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday.

Rupee falls 8 paise to 82.88 against US dollar

Thursday 03 November 2022 04:49 AM UTC+00
Rupee falls: The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance.
Once a luxury product, air purifiers have increasingly become a necessity as sales surge amid a rise in Delhi's pollution levels that are now just a notch below the 'Severe Plus' category. According to Central Pollution Control Board data, Delhi's overall Air Quality Index (AQI) stood at 426 at 9.30 am on Friday. An AQI of above 400 is considered 'Severe' and can affect healthy people and seriously impact those with existing illnesses. On Thursday, the 24-hour average AQI stood at 450 at 4 pm, just a notch below the 'Severe Plus' category.

IndiGo Q2 loss widens to Rs 1,583.34 crore

Friday 04 November 2022 11:42 AM UTC+00
IndiGo Q2 results: InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter, mainly due to higher expenses. The airline had a loss of Rs 1,435.66 crore in the year-ago period.
Twitter India layoff: Days after Elon Musk took over as the new owner of the social media giant, Twitter on Friday reportedly started sacking its employees in India. According to reports, the entire marketing team in India has been sacked. The departments affected by the lay out order includes the communications department as well. Several engineers have also been asked to go. 
Maruti Suzuki NEWS: Maruti Suzuki India (MSI) may increase its Manesar plant production capacity by one lakh units to cater to the enhanced demand before its Sonipat facility commences operations in 2025, a senior company official said.

Reliance India's best employer; in top 20 worldwide: Forbes

Sunday 06 November 2022 08:07 AM UTC+00
Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022.
Business-to-business (B2B) e-commerce platform Udaan, which raised $120 million just last month, has sacked nearly 350 employees who were on the regular payroll, while asking hundreds of contractual workers to leave too.
India has a fast-growing startup ecosystem, thanks to the young talents and policies that are in place. Their stories and journey from scratch to becoming unicorns are inspiring and encouraging. In 2022, India has the third largest start-up ecosystem in the world with over 65,000 recognised ventures. During the Covid-induced lockdown, several startups rose to fame with their disruptive business ideas and with the right use of technology, startups today are raking in millions of dollars in funding and witnessing a massive surge in valuation. One among them is Catalyst. It is an ed-tech platform that has grown by leaps and marked its presence felt in the industry in a very short period.
Twitter Blue: Twitter's chargeable blue tick verification service is expected to roll out in India in "less than a month", the microblogging platform's new owner, billionaire Elon Musk has said.
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