Economy

The closure of the two offices in key locations comes as the platform has initiated a massive cost cutting drive globally New Delhi: Amid layoffs and a severe cost-cutting, Twitter has closed offices in Delhi and Mumbai and asked staff to...

The capital expenditure will hike by 33% to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. PAN will be used as a common business identifier New Delhi: Finance Minister...

Revamped credit guarantee schemes for MSMEs will enable additional collateral-free credit of Rs 2 lakh crore to them while the cost of credit will be reduced by 1% New Delhi: Finance minister Nirmala Sitharama, in her budget 2023 speech on...

The company's net profit for the third quarter of 2022 declined by 4 percent compared to the net profit of Rs 252 crore in the previous fiscal New Delhi: Colgate-Palmolive (India) on Tuesday said its net profit declined by 4...

A survey that covered 818 organisations with more than 800,000 incumbents noted that salaries are set to increase by 9.8 percent in India in 2023 New Delhi: India Inc is likely to see an average salary increment of 9.8 percent...

There are several factors to consider when evaluating the readiness of the e-commerce industry for the adoption of cryptocurrencies By Prayag Singh The e-commerce industry has come a long way since the early days of the internet, and it has continued...

The surge in raw material costs following the war in Ukraine pushed several FMCG companies to adopt  shrinkflation to ensure there is no impact on the fragile recovery in demand New Delhi: Shrinkflation or reducing the size or quantity of a...

The eastern and western parts of India witnessed a growth of 17% in November 2022, while north and south India saw a 13% growth, the Retail Business Survey by the Retailers Association of India revealed Mumbai: The 34th edition of...

Through the ‘Employee to Entrepreneur’ initiative, New Shop aims to create entrepreneurial opportunities for its store managers to help them become store owners New Delhi: The New Shop, an omnichannel convenience commerce company, has announced the winners of its ‘Employee to...

ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms down New Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...