Business – Page 343 – India Daily Digital

Uber to Fire 3,000 more Employees

Ride-hailing app Uber has announced to lay off nearly 3,000 more employees in the second round, along with closing or consolidating some 45 offices globally. Last week, Uber fired nearly 3,700 employees

May 19, 2020

Business

Malware Targets Banks

Cybersecurity researchers on Monday warned of a Trojan malware campaign which is targeting India’s co-operative banks using COVID-19 as a bait. Seqrite, the enterprise arm of IT security firm Quick Heal Technologies,

May 18, 2020

Business·India

US Stocks Slide

US stocks gave up earlier gains to end lower on Tuesday as the market was pressured by considerable losses in major tech shares. The Dow Jones Industrial Average fell 32.23 points, or

April 29, 2020

Business

Oil Prices Become Positive

Oil is doing something that is even making Market veterans shake their heads in wonder. After shedding more than 300 per cent or $56 a barrel in one single day on Monday,

April 21, 2020

Business·Corona Pandemic

Infosys Takes Dip in Net

Global software major Infosys reported Rs 4,321 crore consolidated net profit for the fourth quarter (Q4) of fiscal 2019-20, registering 3.1 per cent sequential decline from Rs 4,457 crore a quarter ago

April 21, 2020

Business·Corona Pandemic·India

25% See Fall in Income

A quarter of the Indian workforce has reported a decrease in their incomes, while 39 per cent reported a dip in personal savings due to the impact of COVID-19 pandemic, a report

April 20, 2020

Business·Corona Pandemic·India·Uncategorized

RBI Hints Further Cuts in Interest Rates

The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought

April 17, 2020

Business·Corona Pandemic·India

62.5% Can’t Afford a Lockdown Longer than 3 Weeks

As many 62.5 per cent people across various groups — social, income, age, education, religion and gender — said they have ration/medicine etc. or money for the same for less than three

April 14, 2020

Business·Corona Pandemic·India

Oil Prices Surge with Nearly 10% Cut in Production

https://youtu.be/RsbFkxDqYKY International crude oil prices surged on Monday after the Organization of the Petroleum Exporting Countries (OPEC)and its allies including Russia agreed on a nearly 10 per cent cut in oil production.

April 13, 2020

Business·Corona Pandemic

South Asia’s Economy to Plummet

As the global economy goes through an unprecedented tough phase amid the coronavirus crisis, a World Bank report on Sunday said that South Asia may witness its worst economic performance in the

April 13, 2020

Business·Corona Pandemic

Business - Page 343