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Controversies Surround UK PM Rishi Sunak: From Visa Policies To Lavish Spending

06 Jun 2024 15:48 PM IST

Since becoming UK Prime Minister on October 25, 2022, Rishi Sunak has faced scrutiny and controversy over various decisions and actions. Despite making history as the first British-Asian PM and the first Hindu to hold the office, Sunak’s tenure has been marked by several contentious moments. Immigrant visa, Graduate route

Layoffs In India’s Tech: Ola, Flipkart, Byju’s, Swiggy Among 20 Companies Cutting Jobs In 2024

06 Jun 2024 15:29 PM IST

The layoffs in India’s tech market is experiencing significant layoffs, along with other global job market. Large new-age companies such as Swiggy, Ola, and Paytm have been cutting down their workforce since January 2024. Here is a compilation of Indian firms that have laid off their employees this year: Simpl

Tokyo’s Dating App Initiative Aims To Revitalize Birth Rate: ‘I Am Glad’ Says Elon Musk

06 Jun 2024 12:18 PM IST

In an unprecedented move, the Tokyo Metropolitan Government is set to launch its own dating app aimed at promoting marriage and addressing Japan’s declining birth rate. The new paid application, managed by a private entrepreneur, is scheduled for release this summer, as reported by Independent. Users of the app will

Nescafé’s Rise To Instant Coffee Dominance: A Story Of Global Market Conquest

06 Jun 2024 12:03 PM IST

Instant coffee consumption in the United States has dwindled, with only 4% of Americans opting for the quick-and-easy offering, according to the National Coffee Association. However, overseas, the trend tells a different story, as soluble coffee accounts for about a quarter of global beverage consumption and continues to rise, according

Sensex, Nifty Open Strong as NDA Confirms Modi’s Third Term

06 Jun 2024 10:33 AM IST

The stock market kicked off positively on Thursday, propelled by the NDA’s announcement of PM Narendra Modi’s third term, set to begin with his oath-taking ceremony on Saturday. The Sensex surged by 378.59 points, starting at 74,804.68, while the Nifty climbed by 105.65 points, commencing the day at 22,726.00. Notable

Vaishali Parekh’s Stock Recommendations: Buy or Sell Today?

06 Jun 2024 09:59 AM IST

The Indian stock market erased some of the previous day’s losses and ended higher after NDA allies pledged support for the alliance to form a government for the third term. The Nifty 50 index gained 735 points, closing at 22,620, while the BSE Sensex surged 1,303 points to finish at

McDonald’s Defeated In Chicken “Big Mac” Trademark Clash With Irish Food Chain

05 Jun 2024 18:27 PM IST

McDonald’s suffered a legal setback against an Irish fast food chain as a top EU court ruled that the global giant cannot exclusively label its chicken burgers as “Big Mac”. The dispute dates back to 2017 when Supermac’s of Ireland moved to invalidate McDonald’s “Big Mac” trademark in the European

India’s FDI Remains Steady At USD 70.9 Billion, Inflows More Than Doubling In The Construction Sector.

05 Jun 2024 16:22 PM IST

Sustaining its ability to attract foreign investment inflows, India has gotten a total foreign direct investment (FDI) inflow of USD 70.9 billion in the financial year 2023-24. Earlier, the country saw its highest FDI of USD 6 billion in October last year, followed by USD 5.9 billion in January 2024.

Vistaar Finance Receives USD 50M in Debt Financing from DFC

05 Jun 2024 15:44 PM IST

Vistaar Finance, a prominent MSME lending institution in India, has received a substantial funding of US $25 million as part of a committed loan of US $50 million from the U.S. International Development Finance Corporation (DFC). Established in 2010 during a time when MSME lending was uncommon in India, Vistaar

Stock Market Today: Nifty FMCG Index Jumps 5%; Marico, Britannia, And COLPAL Hit Record Highs

05 Jun 2024 14:05 PM IST

In the aftermath of the volatile stock market behavior following the Lok Sabha Election 2024 results, the Nifty FMCG Index has exhibited notable resilience. It surged by approximately 5 percent, reaching the 5,800 mark during the early morning session, and recorded a 1 percent rise on Tuesday despite the broader

Is Political Stability Driving The Indian Stock Market? Sensex And Nifty Surge After Naidu’s NDA Commitment

05 Jun 2024 13:52 PM IST

The Indian stock market witnessed a significant surge today, following an initially lukewarm opening. Strong support from bullish investors emerged after TDP leader N Chandrababu Naidu reaffirmed his party’s commitment to the National Democratic Alliance (NDA) post-Lok Sabha election results. Market Rally Driven by Political Clarity Naidu’s statement, “TDP is

SEBI Introduce ‘Saa₹thi’ Mobile App for Investor Education in Personal Finance

04 Jun 2024 19:02 PM IST

SEBI, the capital markets regulator, has introduced the ‘Saa₹thi’ mobile app focused on personal finance for investors. This user-friendly app aims to simplify complex financial concepts and provide analytics through financial calculators on topics like KYC processes, mutual funds, ETFs, stock trading, investor grievance redressal, and online dispute resolution (ODR).

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