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The Reserve Bank of India (RBI) has announced the re-issue of two Government of India dated securities worth a total of Rs 32,000 crore. A “re-issue” means the RBI is selling more of a bond that is already available in the securities market. This move is part of the government’s regular borrowing program. The two…
South Korea is heading to the polls to elect a new leader, after their former president Yoon Suk Yeol was impeached and removed from office for briefly placing the country under martial law in December. The BBC’s Jean Mackenzie explains what you need to know about the main candidates – and the challenges they’ll face…
Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo Credit: – Andhra Pradesh Chief Minister N Chandrababu Naidu has said his government has partnered with ISRO to leverage space tech for real-time citizen-centric governance. The Chief Minister on Monday noted that the southern state’s Real Time Governance System (RTGS) inked a five-year deal with Sathish…
Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era. As per a filing with Washington state’s Employment Security Department, 305 additional employees in Redmond, Washington have been asked to leave. A company spokesperson said in a statement the latest…
Shati refugee camp, Gaza – Inside a stifling tent in Shati, one of Gaza’s overcrowded displacement camps, 30-year-old Raneem Abu Al-Eish cares for her sisters, Aseel, 51, and Afaf, 33. They sit close to Raneem, laughing at times and at others growing agitated when the cries of children playing outside get too loud. Aseel and…
A trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests, US Secretary of Commerce Howard Lutnick said, expressing “strong optimism” about the direction of ongoing talks while speaking at the US-India Strategic Partnership Forum. Lutnick said, “I think to be in a…
Major layoffs are underway at the Walt Disney Company, affecting hundreds of employees across Disney Entertainment divisions, including marketing for film and television units, reported Deadline. Apart from these divisions, the layoffs will also affect the employees in the television publicity, casting, development and Disney’s corporate financial operations divisions. Deadline cited the sources and reported…
Nifty 50 is trading lower. The price action over the last few trading days indicate that the index is getting good resistance in the 24,850-24,900 region. The index touched a high of 24,845 in the early trades and has come down sharply from there. It is currently trading at 24,660, down 0.23 per cent. Nifty…
Nikita Yadav BBC News, Delhi Getty Images Heavy rains last month caused widespread flooding in Mumbai “Who is responsible for this mess?” The question recently echoed across India’s financial capital Mumbai as thousands of residents once again found themselves stranded, soaked and frustrated. Heavy rains brought the city to a standstill, and this was before…
The central government has dismissed a recent post by the Indian National Congress on social media containing claims regarding digital banking frauds, sources told Zee Business. Terming the post as “misleading”, “factually incorrect” and “intended to create panic”, the sources said that it was a clear attempt by the INC to stoke public fear through data…
