Articles for category: Business

Market News

Junior doctors in West Bengal resume duties after a 42-day protest against the brutal murder of a colleague, seeking justice.

Junior doctors in West Bengal resume duties after a 42-day protest against the brutal murder of a colleague, seeking justice.

Junior doctors in West Bengal have partially resumed duties after a 42-day protest against the tragic rape-murder of a fellow doctor. While they are back to providing essential and emergency services at government hospitals, they continue to boycott outpatient departments. Doctors expressed a sense of fulfillment as patients welcomed them back, noting a significant increase ...

Market News

Amul denies supplying ghee to Tirupati temple amidst a misinformation scandal, leading to legal action against seven social media users.

Amul denies supplying ghee to Tirupati temple amidst a misinformation scandal, leading to legal action against seven social media users.

The Gujarat Cooperative Milk Marketing Federation (GCMMF), known for its Amul brand, clarified that it has never supplied ghee to the Tirumala Tirupati Devasthanams (TTD), which manages the Tirupati temple. This statement came in response to misinformation spreading on social media that claimed low-quality ghee used for temple laddus was sourced from Amul. The issue ...

Market News

Amidst insolvency, Byju Raveendran apologizes to employees, promising small payments and strength to continue their educational mission together.

Amidst insolvency, Byju Raveendran apologizes to employees, promising small payments and strength to continue their educational mission together.

Byju Raveendran, the founder of Byju’s, recently expressed his apologies to employees for their unpaid wages due to the company’s ongoing financial struggles and insolvency proceedings. Once valued at $22 billion, the edtech firm has faced significant challenges including legal disputes and regulatory issues. In a heartfelt message, Raveendran acknowledged the hard work and dedication ...

Market News

The Finance Ministry pushes for quicker debt resolution, targeting persistent low-value cases to declog Debt Recovery Tribunals.

The Finance Ministry pushes for quicker debt resolution, targeting persistent low-value cases to declog Debt Recovery Tribunals.

The Union Finance Ministry is urging banks and Debt Recovery Tribunals (DRTs) to engage with borrowers outside of formal proceedings to tackle the backlog of cases. Many small-value cases are significantly clogging the system, with 75 percent of pending cases between Rs 20 lakh and Rs 1 crore. To streamline the process, the ministry recommends ...

Market News

Atishi Marlena, Delhi’s new CM, vows to thwart BJP conspiracies and restore Arvind Kejriwal’s leadership after upcoming elections.

Atishi Marlena, Delhi’s new CM, vows to thwart BJP conspiracies and restore Arvind Kejriwal’s leadership after upcoming elections.

Atishi Marlena has officially taken over as the Chief Minister of Delhi, marking a significant moment for the Aam Aadmi Party (AAP). In her first address, she criticized the Bharatiya Janata Party (BJP) for allegedly conspiring against her predecessor, Arvind Kejriwal, and urged Delhi residents to support Kejriwal in the upcoming Assembly elections to continue ...

Market News

The NCLAT dismissed the state tax department’s dues claim against Reliance Communications, upholding an earlier ruling amid insolvency proceedings.

The NCLAT dismissed the state tax department’s dues claim against Reliance Communications, upholding an earlier ruling amid insolvency proceedings.

The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition from the state tax department seeking dues from Reliance Communications (RCom). The appeal was based on claims made after RCom entered the corporate insolvency resolution process in June 2019. The NCLAT upheld an earlier decision by the Mumbai bench of the National Company Law ...

Market News

Lebanon faces escalating chaos as devastating explosions from wireless devices claim lives, sparking urgent UN intervention amidst rising tensions.

Lebanon faces escalating chaos as devastating explosions from wireless devices claim lives, sparking urgent UN intervention amidst rising tensions.

The situation in Lebanon has escalated dramatically, leading the United Nations Security Council to hold an emergency meeting following deadly Israeli airstrikes in Beirut. The strikes targeted a senior Hezbollah military leader and resulted in significant civilian casualties and damage. Recent explosions of wireless communication devices, including pagers and walkie-talkies, have tragically killed at least ...

Market News

Intel shares surged on takeover talks with Qualcomm, sparking hopes for a transformative deal in the struggling chip industry.

Intel shares surged on takeover talks with Qualcomm, sparking hopes for a transformative deal in the struggling chip industry.

Intel Corp. shares surged following reports from the Wall Street Journal that Qualcomm Inc. has approached Intel for a potential takeover, which could set a record for the semiconductor industry. Although discussions are ongoing, a deal is far from certain. Intel’s stock rose 3.4% to $21.87 but remains down 56% for the year, reflecting ongoing ...

Market News

Indian migrants dominate the U.S. educated workforce, making up 14% of global college-educated immigrants, driven by opportunity and ambition.

Indian migrants dominate the U.S. educated workforce, making up 14% of global college-educated immigrants, driven by opportunity and ambition.

A recent study by the Migration Policy Institute reveals that Indian migrants are the largest group of educated immigrants in the United States, making up 14 percent of the global pool. As of 2022, among over 14 million college-educated migrants in the U.S., 2 million of them are Indian. The report highlights that nearly half ...

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