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RBI Governor Shaktikanta Das Among Top 3 Global Central Bankers Again

26 Aug 2024 15:18 PM IST

RBI Governor Shaktikanta Das ranks among the top 3 central bankers globally for the second consecutive year, earning an ‘A+’ rating in Global Finance's 2024 report.

PhonePe Reports Rs 197 Crore Profit In FY24, Revenue Surges 74%

26 Aug 2024 14:59 PM IST

Adarsh Nahata, PhonePe’s Chief Financial Officer, emphasized the company’s financial strategy, highlighting three pillars: sustainable revenue growth, diversification of revenue streams, and continuous improvements in profitability. "These pillars have guided our strategic decisions, enabling us to scale rapidly while maintaining a focus on profitability and our healthy financial position," Nahata

Paytm’s Vijay Shekhar Sharma Faces SEBI Notice Over IPO Norm Violations

26 Aug 2024 14:53 PM IST

Vijay Shekhar Sharma, founder of Paytm, faces a SEBI show-cause notice over alleged IPO breaches, including misrepresentation of facts and promoter classification issues.

Microsoft’s AI Engineers Lead Pay Scale With $377K Average Salary

26 Aug 2024 14:00 PM IST

Microsoft's AI engineers command an average salary of $377K, highlighting the tech giant's significant investment in artificial intelligence amid broader company salary freezes.

India May Ban Telegram Amid Investigation Over Criminal Activities

26 Aug 2024 13:36 PM IST

The Indian government is investigating Telegram over its potential misuse for criminal activities like extortion and gambling, possibly leading to a ban on the app.

Anil Ambani Banned By SEBI, Fined Rs 25 Crore Over RHFL Fraud

26 Aug 2024 13:22 PM IST

Anil Ambani, along with 24 others, faces a 5-year market ban and a Rs 25 crore fine from SEBI due to fraudulent activities in Reliance Home Finance Ltd.

Baal Aadhaar: Update Child’s Biometrics For Free – Here’s How

26 Aug 2024 12:57 PM IST

Parents can update their child’s Baal Aadhaar card biometrics at no cost. Biometrics data, including fingerprints, iris scans, and photographs, can be updated for free once between the ages of 5-7 and again between 15-17 years. If updates are required outside these age ranges, a fee of Rs 100 will

India’s New Biomanufacturing Policy Aims To Lead The Next Industrial Revolution

25 Aug 2024 19:50 PM IST

India is positioning itself as a global leader in the next industrial revolution with its new BioE3 policy, aiming to drive innovation in sustainable biomanufacturing for food, energy, and climate solutions.

Nestle CEO Change Driven By Growth Concerns, Says Chairman Bulcke

25 Aug 2024 18:21 PM IST

Nestle's Chairman Paul Bulcke reveals that growth concerns and market share issues led to the abrupt CEO change, with a renewed focus on organic growth and portfolio stimulation.

Shein Admits To Child Labor Violations As It Eyes £50bn London Stock Market Listing

25 Aug 2024 13:05 PM IST

Shein has revealed two cases of child labor and minimum wage violations within its supply chain in its 2023 sustainability report. As the company seeks a £50bn listing on the London Stock Exchange, concerns from workers’ rights groups and the British Fashion Council have emerged. Shein has since updated its

Unified Pension Scheme Vs. NPS: Key Differences Explained

24 Aug 2024 22:02 PM IST

The Unified Pension Scheme offers a guaranteed pension based on the last salary, unlike NPS, which relies on market returns. Here's a comparison of the two schemes.

Workplace Harassment Cases In NSE Firms Spike 29%, Pending Complaints Soar

24 Aug 2024 21:17 PM IST

NSE-listed firms report a 29% rise in harassment cases, with pending complaints up by 67%. Sectors like services and construction lead in reported incidents.