Zomato Cuts 600 Customer Support Jobs as It Expands AI Usage to Reduce Costs: Report
1 April 2025(Punjab Khabarnama Bureau): Zomato has laid off as many as 600 customer support associates within just a year of hiring them at a time when it has been…
Commercial LPG Cylinder Price Cut by Rs 41, Domestic Rates Remain Unchanged
Chandigarh 1 April 2025 (Punjab Khabarnama Bureau): Oil marketing companies have announced a reduction in the prices of 19 kg commercial LPG gas cylinders by Rs 41, effective from Tuesday.…
Goldman Sachs’ $80 Million Retention Bonuses for Executives Spark Controversy
Chandigarh 1 April 2025 (Punjab Khabarnama Bureau): Goldman Sachs Group Inc.’s $80 million retention bonuses for the firm’s top two leaders have drawn another prominent critic, with Institutional Shareholder Services…
S&P Global Ratings suggests tightening microfinance loan regulations to mitigate risks for overleveraged borrowers
30 March 2025 (Punjab Khabarnama Bureau): Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk build-up for overleveraged borrowers,…
India’s Economy Set to Grow at 6.5% in Current Financial Year, Report Says
30 March 2025 (Punjab Khabarnama Bureau): The Indian economy is likely to grow at 6.5 per cent in the fiscal year starting April 1, EY Economy Watch said, emphasising that…
Current Account Deficit Expands to $11.5 Billion in Q3 Due to Trade Imbalance
29 March 2025 (Punjab Khabarnama Bureau): India’s current account deficit (CAD) inched up to USD 11.5 billion, or 1.1 per cent of GDP, in the December quarter from USD 10.4…
Union Cabinet Approves DA Hike for Central Govt Employees
Chandigarh, 28 March 2025 (Punjab Khabarnama Bureau): The Cabinet on Friday gave its nod to a 2 per cent hike in Dearness Allowance or DA for central government employees, The…
Bengaluru Becomes Global AI Hiring Hub as Demand Surges
Benglore, 28 March 2025 (Punjab Khabarnama Bureau): Karnataka’s Bengaluru has become the fourth most hired-from city in the Asia-Pacific region for remote artificial intelligence (AI)-related jobs as global companies increasingly…
Finance Bill Gets Green Light with 35 Major Revisions
Delhi, 28 March 2025 (Punjab Khabarnama Bureau): The Rajya Sabha on Thursday returned the Finance Bill-2025 to the Lok Sabha, along with 35 government Amendments, thus completing the 2025-26 budget…
India to Double Foreign Investment Limit for Individuals to 10%
Delhi, 28 March 2025 (Punjab Khabarnama Bureau): India’s central bank is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims…