IBM Plans To Replace 7,800 Jobs; Company Pauses Hiring
International Business Machines Corp (IBM) decides to pause the hiring process and deploy artificial intelligence to take over 7,800 jobs in the company. The decision is taken amidst the increasing adoption of technology. In an interview, Arvind Krishna, the CEO, confirmed the halt in the hiring process. Krishna said, “I could easily see 30% of…
Sumit
Latest Update: All You Need To Know About New GST Rule
A new rule has been launched for businesses whose turnover is ₹100 crores or above. The GST Network has announced that these businesses have to upload their electronic invoices on Invoice Registration Portal (IRP) within 7 days of the issue of such invoices, which will come into effect from 1 May 2023. Currently, businesses upload…
Most Influential Fintech Trends & Their Impact On The Future of Finance
Financial technology, or fintech, has emerged as a driving force that is revolutionising the global economic landscape. Fintech’s innovative solutions are transforming how individuals and businesses access manage their finances, providing more efficient, convenient, and secure financial services. As we navigate through 2023, the fintech industry continues to evolve at a breakneck pace, with new…
Chandan Kumar
Adani Ports Buyback Debt Securities Upto $130M
Adani Ports and Special Economic Zone Limited (APSEZ) are in the process of buying back some specific debt securities to partly repay a near-term loan which is due in 2024. The part of Adani group has raised a tender of up to $130 million in unpaid debt. Adani Ports will buy the 3.375% senior notes,…
Shipra Prajapati
Best Torrent Site For Music Listening: Download Now!
Music is the best therapy; we all love listening to music to keep stress at bay. Whether English, Hindi, Telugu, or any other, it soothes the mind and refreshes the soul. The one thing which is not-so-nice about music is that it comes at a cost. However, there are several torrent platforms that provide access…
Yash Sharma
India Perseveres On Amidst Global Slowdown
“Headwinds from a slowing global economy are beginning to weigh more on exports,” believes Rahul Bajoria, an economist from Barclays Plc. However, that doesn’t bode well for India, whose exports declined for four months straight. The exports registered a decline of 13.9% in March, while the imports decreased by 7.90% compared to the figures of…
India Records A 14% Surge In Exports To Reach $770 Billion
India’s increasing role in a globalised world and vast growth in the service sector is reflected in its surge in exports and imports. The exports for the financial year 2022-23 turned out to be USD 770 billion, while the imports recorded a new high of USD 892 billion. These figures come when the movement of…
General Motors To Invest In Lithium-Tech Startup EnergyX
On Tuesday, General Motors Co, a multinational automobile manufacturing company, announced its investment in lithium technology startup EnergyX. The automaker plans to invest $50 million to help EnergyX expand its business across South and North America. According to Reuters, the reason behind this move of General Motors is its plan to move into the mining…
Oil Prices Jumped After Surprise Move To Cut Production
Oil prices increased on Monday when several world’s largest exporters announced a surprise cut in production. Now Brent crude oil is trading at $85 a barrel after jumping straight 6%. Some economists anticipated that the higher price would make it harder to cut the cost. But the RAC motoring group stated that the rise in…
Japan PM Fumio Kishida Arrives India On Two-Day Visit
Japanese Prime Minister Fumio Kishida arrived in India on Monday for the summit and to explore ways to boost bilateral ties with India. Union Minister Rajeev Chandrashekar received PM Fumio Kishida from Delhi airport in the morning. During his two-day visit, he will meet India’s Prime Minister Narendra Modi to discuss India’s presidency for G-20…
Vipin