Category: Business

Jul 9 (The Conversation) The U.S. economy added more jobs than expected in June, signalling the labour market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed theJul 9 (The Conversation) The U.S. economy added more jobs than expected in June, signalling the labour market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the

Cryptocurrencies as of writing this copy at 10:37 am (IST) are again in the red. This is after Bitcoin witnessed 3 days of consecutive days. Last, bitcoin quoted down by close to 1.8% at $21571. Also, the second largest crypto EthereumCryptocurrencies as of writing this copy at 10:37 am (IST) are again in the red. This is after Bitcoin witnessed 3 days of consecutive days. Last, bitcoin quoted down by close to 1.8% at $21571. Also, the second largest crypto Ethereum

There is no change in the prices of petrol and diesel on Saturday, July 9. The prices of both the fuels remain unchanged after more than one and a half months. The leading Oil Marketing Companies (OMCs) decide to keep theThere is no change in the prices of petrol and diesel on Saturday, July 9. The prices of both the fuels remain unchanged after more than one and a half months. The leading Oil Marketing Companies (OMCs) decide to keep the

Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediately respond to a message forElon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediately respond to a message for

Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the US jobs market released Friday. The S&P 500 rose 0.1 per cent in midday trading after earlier veering fromStocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the US jobs market released Friday. The S&P 500 rose 0.1 per cent in midday trading after earlier veering from

India must grow by at least 8-10 per cent over the next 25 years so that the it is able to lift the average income of people and create more jobs, Singapore Senior Minister Tharman Shanmugaratnam said on Friday. He deliveredIndia must grow by at least 8-10 per cent over the next 25 years so that the it is able to lift the average income of people and create more jobs, Singapore Senior Minister Tharman Shanmugaratnam said on Friday. He delivered

The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949

Bharti Airtel International (Netherlands) BV, which manages Airtel’s Africa business, has cleared dues worth USD 450 million (Rs 3,565 crore) by purchasing notes through a tender offer, the company said on Friday. The company had issued a tender offer to purchaseBharti Airtel International (Netherlands) BV, which manages Airtel’s Africa business, has cleared dues worth USD 450 million (Rs 3,565 crore) by purchasing notes through a tender offer, the company said on Friday. The company had issued a tender offer to purchase

The government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay an 11 per cent excise duty on ATF used for flyingThe government has exempted domestic airlines flying overseas from paying excise duty on Aviation Turbine Fuel (ATF), bringing them at parity with international carriers. Airlines will, however, continue to pay an 11 per cent excise duty on ATF used for flying

Concerns about inflation and personal finances have surged while COVID has evaporated as a top issue for Americans, a new poll shows, marking an upheaval in priorities just months before critical midterm elections. Forty per cent of U.S. adults specifically nameConcerns about inflation and personal finances have surged while COVID has evaporated as a top issue for Americans, a new poll shows, marking an upheaval in priorities just months before critical midterm elections. Forty per cent of U.S. adults specifically name