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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Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO
Kolkata: The revision in income tax rates will increase the purchasing power of the middle class sections of the society…
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Union Budget sets capex outlay at all-time high
New Delhi: The total capex outlay in the Union Budget for 2023-24 has been enhanced by 33 per cent from…
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Budget Relief: No tax for income up to Rs 7L in new tax regime
New Delhi: The income in personal income tax is expected to raise disposable incomes and transition the taxpayers to the…
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Govt announces Customs duty cuts on goods other than textiles, agriculture
New Delhi: Union Finance Minister Nirmala Sitharaman during her Budget speech on Wednesday proposed to reduce the number of Basic…
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Union Budget 2023-24: FM announces 15,000 cr development fund for tribal, marginalised section
New Delhi: The Centre has launched a 15,000 crore development fund for the tribal and marginalised section, Finance Minister Nirmala…
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Budget 23-24: Railways gets Rs 2.40L cr capital outlay, the highest ever
New Delhi: Indian Railways received a major boost from the Union Budget 2023-24 being presented by Union Finance Minister Nirmala…
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Online marketplace OLX Group to slash over 1,500 jobs globally
New Delhi: Joining the mass layoff season, online marketplace OLX Group is slashing 15 per cent of its workforce, or more…
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Philips to slash 6,000 jobs by 2025
London: Tech firm Philips on Monday said that it plans to cut 6,000 jobs by 2025, including around 3,000 this year,…
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Air India to use cloud software app to enhance end-to-end safety management
New Delhi: With a view to enhance end-to-end safety management, including real time intelligence, reporting and status of in-flight incidents, Air…
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Blocked out of system in the middle of call: Sacked Google recruiter
New Delhi: Among the 12,000 workers laid off by Google, an employee who worked as a recruiter said he got sacked…
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Tech major IBM lays off 3,900 employees, bets big on hybrid cloud, AI
New Delhi: Tech giant IBM is laying off 3,900 employees, which is a result of the spinoff of IT infrastructure…
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Indians can now afford 5G smartphones at just Rs 44 a day: Samsung India
New Delhi: Samsung India on Tuesday said it now has more than 62 million Galaxy A series smartphone customers in India…
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Passenger on SpiceJet’s Delhi-Hyderabad flight misbehaves with cabin crew
New Delhi: Another incident of an unruly passenger behavior has come out, this time on SpiceJet. The airline said that a…
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Amazon launches dedicated air cargo network in India
Hyderabad: E-commerce giant Amazon on Monday launched Amazon Air in India to enhance its transportation network and enable faster deliveries to…
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Waited 6 months to join Google: Sacked Indian-origin techie
New Delhi: As Google started laying off its 12,000 employees, affected employees are beginning to look for new jobs on LinkedIn,…
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Wipro lays off over 400 freshers for poor performance
Bengaluru: IT giant Wipro has laid off more than 400 fresher employees for poor performance in internal assessment tests. The…
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Swiggy lays off 380 employees as food delivery growth slows
New Delhi: Online food delivery platform Swiggy on Friday confirmed that the company is laying off 380 employees as food…
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PhonePe raises $350 mn at $12 billion valuation
Bengaluru: Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global…
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Road safety body IRF urges FM to waive GST on helmets
New Delhi: Road safety body International Road Federation (IRF) wrote a letter to Union Finance Minister Nirmala Sitharaman, demanding removal…
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Airtel to set up hyperscale data centre in Hyderabad
Hyderabad: Bharti Airtel Group’s data center arm, Nxtra Data Centers will set up a large Hyperscale Data Center in Hyderabad…
