Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Amazon to sack 20,000 employees
In a bid to size down its workforce, Amazon is planning to lay off 20,000 employees in the coming months.…
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Saudi approves 2023 budget with $4.26bn surplus
Riyadh: Saudi Arabia’s cabinet approved the state budget with a surplus of 16 billion riyals ($4.26 billion). The budget was…
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DC attorney sues Amazon for stealing $60 mn in tips from delivery drivers
Washington: District of Columbia (DC) Attorney General Karl Racine has sued e-commerce giant Amazon for stealing consumer tips worth $60…
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Former BPCL head Arun Kumar Singh appointed ONGC chief
New Delhi: For the first time, a retired official has been appointed as head of a state-owned Maharatna entity, with former…
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Emirates-based telecom firm in talks to buy Telenor Pakistan
Karachi: Ownership of Pakistans second-largest cellular service provider may soon change hands as Telenor Pakistan looks to exit the country amid…
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Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo…
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RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) on Wednesday increased the repo rate by 35 basis…
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World Bank upgrades India’s GDP growth to 6.9% for current fiscal
New Delhi: The World Bank on Tuesday expressed optimism that India’s real GDP would grow at 6.9 per cent in…
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Coal production rose to 75.87 mn tonnes in Nov
New Delhil India’s total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from…
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Cement makers plan to hike price by Rs 10-15/bag in Dec
Chennai: The price of cement is hardening across the country and since August this year, the rates have gone up…
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Meta threatens to ban news on its platform in US over journalism bill
San Francisco: Meta on Tuesday warned to ban news in the US if the government passes a journalism bill that…
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Nick Read steps down as Vodafone Group head
New Delhi: Vodafone Group on Monday announced that its CEO Nick Read will step down by the end of the year…
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Airtel, Meta join to accelerate India’s digital ecosystem
New Delhi: Bharti Airtel and Meta on Monday announced their collaboration to support the growth of India’s digital ecosystem. Airtel…
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Oil prices rise as cap set Russian crude
London: Oil prices rose on Monday following an agreement by the G7 group ofnations and its allies to cap the…
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TN to increase salt production
Chennai: The Tamil Nadu Salt Corporation will increase its production and commence manufacturing in an area of 3,000 acres in…
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Govt has ‘modified’ 62 coal mines to make them attractive for buyers
New Delhi: Out of the 141 coal blocks which the Centre has put up for commercial auction, 62 mines are…
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India’s G20 Presidency will boost global economy, open Internet: Sundar Pichai
New Delhi: India taking over the G20 Presidency will be an amazing opportunity to build consensus on strengthening the global…
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Gold price picked up in Nov, stays attractive in Dec: Experts
Chennai: Gold will be attractive one this month with the increase in global prices in recent times, said experts in their…
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UP’s 1st structural audit policy implemented in Noida
Noida: Uttar Pradesh’s first structural audit policy has been implemented in Noida, under which builders would have to submit a…
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GST collections stood at Rs 1,45,867 cr in Nov, 11% rise year-on-year
New Delhi: GST collections for November stood at Rs 1,45,867 crore, which were up by 11 per cent year-on-year, according to…
