ECONOMY & NATION


Moneylife Digital Team 16 January 2023
The Supreme Court (SC) on Monday took on record suggestions made by senior advocate Indira Jaising on live-streaming of important cases in the apex court.   Ms Jaising requested the bench that matters like marital rape has national importance and thus should be live-streamed. She also...

Read More



India's wholesale price index-based (WPI) inflation for December 2022 fell to almost two-year low of 4.95%, owing to sliding food and crude as well as petroleum prices.   WPI-based inflation was 5.85% in November 2022.   "Fall in prices of food articles, mineral oils, crude...

Read More



As Indian start-ups face turbulence in the global funding winter, experts on Monday said they need to reserve cash, create a long-term goal and adopt a culture of customer feedback to survive in 2023.   On the occasion of the 'National Start-up Day', envisioned by prime minister (PM)...

Read More



Controversial cricket administrator and former IPL chairman Lalit Modi on Sunday announced that his son Ruchir Modi would succeed him as head of Lalit Kumar Modi (LKM) branch of the K.K. Modi Family Trust.   He also announced his resignation as head of LKM branch and beneficiary of...

Read More



The Economic Offences Wing (EOW) of Delhi Police has arrested a former assistant vice president of the RBL bank for allegedly transferring Rs 19.80 crore from bank's two accounts to his own accounts in other banks.   The accused, identified as Nagendra Kumar (39), had also resigned...

Read More



The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead.   About 24,151 tech workers lost their jobs, dominated by companies like Amazon, Salesforce,...

Read More



Sucheta Dalal Sucheta Dalal 14 January 2023
In February 2014, some of you may remember how a member of Parliament (MP) sprayed pepper spray on his colleagues right inside the Lok Sabha. He even referred to them as a mob in a television interview (Who is 'pepper spray' Rajagopal?).    This Congress MP, Lagadapati Rajagopal, was...

Read More



Telecommunication player Vodafone is reportedly planning to slash hundreds of jobs, mostly at its London-based headquarters, to cut costs in the global economic slowdown.   The Financial Times reported that this will be the company's "biggest round of job cuts in five...

Read More



Alan Paul Varghese 14 January 2023
Banks across the country have started to follow directions issued by the Reserve Bank of India (RBI) on safe deposit lockers. However, due to a lack of standardisation in the process, bank customers are facing difficulties in following the RBI directions issued on 18 August 2021...

Read More



Media giants NBC News and MSNBC have laid off employees in "double digits" and the number of impacted workers could be around 75.   According to CNN, the laid off number was around 75 and the staff cuts affected across the divisions.   "No on-air talent was expected to be...

Read More



Amitabha Banerjee Amitabha Banerjee 14 January 2023
Sounds weird? Let me elaborate. I am talking about CPEC—China-Pakistan Economic Corridor.   It was said to be an ‘investment’ project—China investing US$46bn (billion) to build infrastructure in Pakistan. But actually it turned out to be, for the most part, a loan that Pakistan has to...

Read More



 The climate change crisis may be a global problem, but for India there may also be a cost of living crisis emerging, according to a report released by the World Economic Forum titled "Global Risks Report 2023", earlier this week.   Digital inequality and a cost of living crisis...

Read More



In a relief to the Jalan Kalrock consortium (JKC), the National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of Jet Airways to it as well as giving it more time to pay the dues to the creditors.   Shares of the grounded Jet Airways rallied 5 per cent on...

Read More



India's National Remote Sensing Centre (NRSC) came out with its report on land subsidence at Joshimath after studying the images captured by the European Space Agency's satellite Sentinel-1 SAR.   NRSC correlated the identified subsidence zone with India's new Cartosat-2S satellite...

Read More



Moneylife Digital Team 13 January 2023
While appreciating the concern of the renowned engineer and town planner Shirish Patel and architect and urban planner Sulakshana Mahajan in filing a public interest litigation (PIL) for the benefit of the beneficiaries of rehabilitation of buildings in the Bombay Development Directorate...

Read More



An accused government officer in the murder case of an RTI activist surrendered before the local court in Davanagere district of Karnataka on Friday.   A.T. Nagaraj, Panchayat Development Officer (PDO) attached to the Hiremallanahole Gram Panchayat is the accused person. The Second...

Read More



For the first time in the country, the Food Safety and Standards Authority of India (FSSAI) has specified identity standards for basmati rice (including brown basmati, milled basmati, parboiled brown basmati, and milled parboiled basmati)   The standards, vide Food Safety and...

Read More



Retail inflation for December 2022 fell to a year's low of 5.72 per cent, mainly due to low food prices, especially those of fruits and vegetables.   This is the second consecutive month when it has remained within the RBI's tolerance band of 2 per cent to 6 per...

Read More



US-based global sandwich chain Subway, whose control has been held by the families of its co-founders since its inception, may be up for sale soon, with an estimated valuation of over $10 billion, media reports said.   The Connecticut-headquartered quick-service food chain, known for...

Read More



In a Rs 800 crore deal, engineering services company L&T Technology Services Ltd will acquire the Smart World & Communication (SWC) business of Larsen & Toubro Ltd (L&T), the companies said on Thursday.   According to L&T, the revenue of the carved-out business for FY 2021-22 was Rs...

Read More

Free Helpline
Legal Credit
Feedback