LARGIE

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The yuan's weakness reflected recent US dollar strength, along with downbeat Chinese economic data and Covid disruptions, analysts at OCBC Bank said in a note. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CQgws7e via IFTTT

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Choksi had defrauded Punjab National Bank and in January 2018 fled the country. Currently he’s been proclaimed an offender by the government and several cases against him, by agencies like CBI, Enforcement Directorate and the Income Tax department, are pending. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZCioSRI via IFTTT

According to The Verge, Musk requested that the Explore page which displays trending tweets and news stories, be redirected to the logged-out users visiting Twitter.com. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/14h9VL6 via IFTTT

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A computer science graduate who went on to pursue her Master’s in design from the National Institute of Design (NID), Shaon describes the world of design in technology as designing for the future. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I0GLglV via IFTTT

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Musk, who completed a $44 billion deal to buy Twitter on Thursday, has ordered the cuts across the company, with some teams to be trimmed more than others, said three of the people, who declined to be identified for fear of retaliation. The scale of the layoffs could not be determined. Twitter has about 7,500 employees. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0mTx8Kr via IFTTT

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The government has extended restrictions on sugar exports till October 31 next year, a move aimed at increasing availability of the commodity in the domestic market. Earlier, the restrictions were imposed till October 31 this year. India has been the highest producer and the second largest exporter of sugar in the world in the current year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Bo1AgO4 via IFTTT

Twitter formally became the private property of Elon Musk on Friday, steering the social media giant down an uncertain path under the stewardship of one of its most vocal critics. Scrutiny quickly turned to how the platform will operate under a self-proclaimed free-speech absolutist who some users fear will turn Twitter into a global stage for hate speech and disinformation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lBAJ5WR via IFTTT

A senior Directorate General of Civil Aviation (DGCA) said: “The IndIgo A320 (VT-IFM) was involved in reject takeoff as engine two fail warning came. Loud bang (sound) was heard. Fire extinguisher bottle was discharged. The aircraft returned to the bay and has been grounded for inspection. The DGCA will carry out a detailed investigation to ascertain the cause and suitable followup action shall be taken.” from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CuV8zYI via IFTTT

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Besides the primary terms of reference of increasing health insurance penetration, the panel will make specific recommendations to facilitate ease of doing business. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6FHcWsa via IFTTT

Global investment firm KKR is acquiring Ness Digital Engineering, a US headquartered firm with over half of its employees in India. The companies did not disclose the deal amount, but sources told TOI that it’s over $500 million. KKR has made the investment from its Asian Fund IV. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VF0TKC5 via IFTTT

Apple notched growth in most operating regions and product categories and released an earnings statement that contained no obvious red flags and showed the company still able to notch broad-based revenue growth. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3iSmV29 via IFTTT

It’s been a Diwali ‘dhamaka’ in sales of branded commodities as well as chocolates & confectionery this month. But there’s a word of caution for categories like home care, personal care, beverages and packaged foods as sales of these have shrunk during October 1 to 24, on a month-on-month (MoM) basis. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kdmTGvr via IFTTT

Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. Agrawal and Segal were in Twitter's San Francisco headquarters when the deal closed and were escorted out, the sources added. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8wzdqHJ via IFTTT

A large part of that, around $12.5 billion, was set to have come from loans backed by his shares in the electric car company -- meaning he would not have had to sell those shares. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/soXx3dl via IFTTT

Brent crude futures gained 20 cents, or 0.2%, to $95.89 a barrel by 0332 GMT. US West Texas Intermediate (WTI) crude climbed 19 cents, or 0.2%, to $88.10 a barrel. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sKGtwYc via IFTTT

Musk signaled the deal was on track Wednesday by changing his Twitter profile to "Chief Twit" and posting a video of himself walking into the company's California headquarters carrying a sink. "Let that sink in!" he quipped. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NDUIGC3 via IFTTT

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The stock projected for April 1 in 2023 is 113 lakh tonnes while the buffer stock should be at least 75 lakh tonnes. The fresh wheat crop will start arriving in mandis from the first week of April. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Cecau1Z via IFTTT

Meta earned $4.4 billion, or $1.64 per share, in the three month period that ended Sept. 30. That's down 52% from, $9.19 billion, or $3.22 per share, in the same period a year earlier. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Lhiw4vB via IFTTT

The government on Wednesday unveiled new policy reforms for satellite communications services to ease procedures and streamline clearance processes and nudged the telecom industry to substantially speed up the deployment of 5G towers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TMOg3sY via IFTTT

Data from the Australian Bureau of Statistics (ABS) on Wednesday showed the consumer price index (CPI) jumped 1.8% in the September quarter, topping market forecasts of 1.6%. The annual rate shot up to 7.3%, from 6.1%, the highest since 1990 and almost three times the pace of wage growth. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EtdNjH1 via IFTTT

And then there were serious ones. Jonathan Levin, dean of Stanford Graduate School of Business (GSB), where Sunak got an MBA degree as a Fulbright Scholar, said: “On behalf of GSB, I want to express our collective pride that a member of our community has become the head of state." from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MQxE9Zh via IFTTT

These "heavy tweeters" account for less than 10% of monthly overall users but generate 90% of all tweets and half of global revenue. Heavy tweeters have been in "absolute decline" since the pandemic began, a Twitter researcher wrote in an internal document titled “Where did the Tweeters Go?” from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Muy2zwb via IFTTT

Alphabet said it made a profit of $14 billion in the third quarter on ad revenue that grew just 6 percent to $69 billion when compared with the same period of last year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2YkeAHO via IFTTT

The banks that committed to fund Musk's buyout of Twitter have finished putting together the final debt financing agreement and are in the process of signing the necessary documents, according to a Bloomberg News report. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UTaHE3D via IFTTT

The benchmark 10-year government bond yield was at 7.4673% as of 0430 GMT, after ending at 7.5121% on Friday. It rose four basis points last week, after advancing an aggregate 30 bps in the previous five weeks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wT7zyhJ via IFTTT

Oil prices rose on Tuesday as the US dollar eased against major peers but gains were limited by worries of slowing global fuel demand growth amid bearish economic data from key oil importing economies such as China. International benchmark Brent crude futures gained 27 cents to $93.53 per barrel by 0415 GMT, after falling 0.3% in the previous session. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZDwj5Cx via IFTTT

Camaraderie is key for employees bonding at the workplace. However, cases of workplace harassment, including of a sexual nature, are on the rise, experts who deal with this subject told TOI. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qYGhbT1 via IFTTT

With this ruling, the AAR bench has perhaps become the first to address various employee-related transactions subsequent to clarifications that were issued by the Central Board of Indirect Taxes and Customs (CBIC) in August. This circular had been covered by TOI in its August 5 edition. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6PgULhm via IFTTT

Boosted by strong buying in banking and financial stocks, the sensex gained 525 points, or nearly 1%, to end at 59,832 during Monday’s special hour-long Muhurat trading session on the BSE. This was the biggest Muhurat day gain for the sensex in terms of points, and the best in terms of percentage since 2008, index data showed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WfsuIEt via IFTTT

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Equity indices began Samvat 2079 on a positive note on Monday with both sensex and Nifty registering gains across all sectors. The 30-share BSE index jumped 524 points or 0.88% to close at 59,8312. While, the broader NSE Nifty settled 154 points higher at 17,731. In the sensex kitty, prominent gainers were Nestle India, ICICI Bank, L&T, SBI, HDFC, HDFC Bank and Dr Reddy's, spurting as much as 2.92%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OUIx1mv via IFTTT

Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India's total. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EgKCosM via IFTTT

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Gross domestic product (GDP) in the world's second-biggest economy rose 3.9% in the July-September quarter year-on-year, above the 3.4% pace forecast in a Reuters poll of analysts, and quickening from the 0.4% pace in the second quarter. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fGUTBQt via IFTTT

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