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Nintendo in among top three companies in average employee salaries
short by System User / on 21 Jan 2025,Tuesday
A new report for the fiscal year ending March 2024 shows that Nintendo ranks second in terms of average annual salaries among listed companies in Japan. With an average pay of over $61,000, it remains one of the best places to work, despite a 2.3% decline in annual income compared to the previous year.
short by System User / 04:49 pm on 21 Jan
Who has presented the maximum number of Union Budgets?
short by Bhawana Chaudhary / on 22 Jan 2025,Wednesday
Former PM Morarji Desai holds the record for presenting the maximum Union Budgets in India's history by presenting a total of 10 budgets. P Chidambaram, former Finance Minister, has presented budget nine times. Former President Pranab Mukherjee presented eight Budgets during his time as Finance Minister. Union Finance Minister Nirmala Sitharaman has presented seven consecutive budgets so far.
short by Bhawana Chaudhary / 10:02 am on 22 Jan
Markets tumble as Trump's tariff plans on India unsettle traders
short by System User / on 22 Jan 2025,Wednesday
Stock markets plunged as uncertainty over Donald Trump's proposed tariffs on India rattled investors. The BSE Sensex dropped 1,235 points to 75,838, while the Nifty50 fell 320 points. Mid and small caps also suffered. Meanwhile, gold surged to a two-month high as a safe-haven asset, while the rupee ended flat after early gains.
short by System User / 09:39 am on 22 Jan
Microsoft CEO Nadella tops HSBC Hurun Global Indians List 2024
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
Microsoft CEO Satya Nadella has topped the HSBC Hurun Global Indians List 2024, featuring over 200 Indian-origin leaders. He is followed by Google CEO Sundar Pichai and YouTube CEO Neal Mohan. The combined value of the companies being run by the top 10 individuals accounts for 73% of the total cumulative value of the list, which is $10 trillion.
short by Mansi Agarwal / 10:44 pm on 21 Jan
Zoho CEO Sridhar Vembu claimed that people who mock cow urine don't know about the growing scientific interest in faecal transplants and faecal pills from healthy individuals over "their role in restoring beneficial gut bacteria". "So 'cow urine and cow dung have beneficial properties' is not some superstitious quackery. Modern science is converging there," he added.
short by Medhaa Gupta / 09:49 pm on 21 Jan
Sachin Bansal's fintech startup Navi cheated of ₹14.2 crore
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
Flipkart Co-founder Sachin Bansal's fintech startup Navi Technologies was cheated of ₹14.26 crore. Scammers posing as customers misused a bug while making payments through the app and defrauded the startup between December 10 and 24. A vigilance officer at the startup has filed a complaint against the unidentified fraudsters with Bengaluru's Whitefield Cyber Crime Police.
short by Mansi Agarwal / 10:13 pm on 21 Jan
Gold at 11-week high on Trump policy fears, weak dollar
short by System User / on 22 Jan 2025,Wednesday
Gold prices climbed to a fresh 11-week peak on Wednesday, boosted by safe haven demand amid uncertainty surrounding US President Donald Trump's trade policies and a softer dollar. Spot gold added 0.1% to $2,748.18 per ounce as of 02.36 GMT, after hitting its highest since November 5, 2024 earlier in the session. US gold futures gained 0.1% to $2,762.90.
short by System User / 09:21 am on 22 Jan
Who is Diva Shah, Jeet Adani's wife-to-be?
short by Pragya Swastik / on 21 Jan 2025,Tuesday
Gautam Adani's 28-year-old son Jeet Adani will marry Diva Jaimin Shah on February 7. She is the daughter of prominent diamond trader Jaimin Shah of C Dinesh & Company Private Limited. The diamond manufacturing firm is based out of Mumbai and Surat, and Diva helps her father oversee the company's operations. Diva and Jeet got engaged in March 2023.
short by Pragya Swastik / 06:45 pm on 21 Jan
Stocks bask in Trump glow, tariff uncertainty weighs on dollar
short by System User / on 22 Jan 2025,Wednesday
Global stocks gained on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows. Netflix shares jumped 14% after-hours as record subscriber growth last quarter allowed price hikes in the US and other countries.
short by System User / 09:19 am on 22 Jan
Dollar drifts lower as traders ponder Trump tariff plans
short by System User / on 22 Jan 2025,Wednesday
The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing. Trump said that his administration was discussing imposing a 10% tariff on goods imported from China and that Mexico and Canada would face levies of around 25%.
short by System User / 09:46 am on 22 Jan
Unilever to establish two manufacturing units in Telangana
short by System User / on 22 Jan 2025,Wednesday
Unilever, a global leading FMCG player, agreed to establish two manufacturing units in Telangana during the World Economic Forum (WEF) annual meeting in Davos. The company will set up a palm oil manufacturing unit in the Kamareddy district. It also agreed to establish a bottle caps-making unit in Telangana.
short by System User / 09:52 am on 22 Jan
Rupee to rise with Asia peers, may face resistance later
short by System User / on 22 Jan 2025,Wednesday
The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers. It is also expected to have to contend with demand for the US dollar from importers and speculators. Most Asian currencies were higher against the greenback, building on the previous day's advance.
short by System User / 09:26 am on 22 Jan
India, Telangana pavilions inaugurated at World Economic Forum
short by System User / on 22 Jan 2025,Wednesday
The India Pavilion at the World Economic Forum in Davos was inaugurated jointly by Union Food Processing Minister Chirag Paswan, Union Minister of State (MoS) for Skill Development Jayant Chaudhary. They together also formally declared open the Telangana Pavilion, followed by an intense discussion on various projects where the state could set an example for India.
short by System User / 09:39 am on 22 Jan
Gong cha tea chain is facing backlash after a store manager in South Korea asked employees to inform their boss before families in case their plane crashes. "Send me a message saying 'hire an intern' before contacting mum and dad," the manager said. The remark was made on December 29, the day a Jeju Air plane crashed, killing 179 people.
short by Pragya Swastik / 09:14 pm on 21 Jan
Employer's involvement not needed to transfer provident funds
short by System User / on 22 Jan 2025,Wednesday
The Employees Provident Fund Organization (EPFO) has simplified the process for transferring provident funds when switching jobs. Members with Aadhaar-verified e-KYC can submit claims directly online without employer involvement. This streamlined system will process 94% of claims efficiently, reducing delays and benefiting nearly 3.9 lakh pending requests.
short by System User / 09:55 am on 22 Jan
US announces $500 billion Stargate project to create 100,000 jobs
short by System User / on 22 Jan 2025,Wednesday
On his second day in office, President Donald Trump announced a groundbreaking $500 billion investment to build artificial intelligence (AI) infrastructure in the US. Supported by OpenAI, Softbank, and Oracle, the Stargate project aims to create 100,000 jobs, bolster American AI leadership, and advance innovations in sectors like healthcare and national security.
short by System User / 09:39 am on 22 Jan
India's benchmark indexes set to open marginally higher
short by System User / on 22 Jan 2025,Wednesday
India's benchmark indexes are set to open marginally higher on Wednesday, after hitting a more than seven-month low in the last session on uncertainty over US policy trajectory under President Donald Trump and worries over corporate earnings. GIFT Nifty futures was at 23,170.5 around 07:55 am IST, hinting at a slight rise in Nifty 50.
short by System User / 09:17 am on 22 Jan
Tata Tech's Q3 profit falls to ₹169 cr, revenue at ₹1,317 cr
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
Tata Technologies' net profit fell marginally to ₹169 crore in the third quarter from ₹170 crore in the same period a year ago. However, the profit rose around 7% on a quarter-on-quarter basis. The company's revenue from operations rose 2% YoY to ₹1,317 crore in Q3 from ₹1,289 crore in Q3 of the previous financial year.
short by Mansi Agarwal / 06:58 pm on 21 Jan
Govt issues draft self-regulation rules for e-commerce firms
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
The Bureau of Indian Standards has issued draft guidelines for self-governance of e-commerce platforms. The 'E-commerce-Principles and Guidelines for Self Governance' covers the pre-transaction, contract formation and post-transaction stages of e-commerce operations. The draft mandates e-commerce firms to perform strict KYC of all sellers and timely notify customers of product delivery.
short by Mansi Agarwal / 11:00 pm on 21 Jan
Sudha Murty attends Maha Kumbh, says will take holy dip for 3 days
short by Subhangi Singh / on 21 Jan 2025,Tuesday
Rajya Sabha MP Sudha Murty took part in Maha Kumbh and said that she had vowed to take holy dip for three days. "I took holy dip yesterday, today I will do that and tomorrow again," she added. "I have to offer tarpan in the name of my ancestors as they couldn't attend Kumbh," the Rajya Sabha MP said.
short by Subhangi Singh / 05:29 pm on 21 Jan
US not ready for it yet: Donald Trump on idea of universal tariffs
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
US President Donald Trump said he could impose universal tariffs but the country isn't "ready for that yet". "We may put it...because essentially countries take advantage of the US," he stated. "They're coming in and they're stealing our wealth, they're stealing our jobs...So you put a tariff on to keep them from doing that," he added.
short by Mansi Agarwal / 05:51 pm on 21 Jan
Donald Trump pulls US out of global corporate minimum tax deal
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
US President Donald Trump, in a memorandum, said the global corporate minimum tax deal "has no force or effect" in the US. "Because of the...deal...American companies may face retaliatory international tax regimes if the US doesn't comply with foreign tax policy objectives," he stated. The deal between around 140 nations imposes a minimum tax rate of 15% on corporate profits.
short by Mansi Agarwal / 09:38 pm on 21 Jan
Jio Financial, BlackRock invest ₹117 crore in mutual fund business
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
Jio Financial Services and US-based BlackRock have infused ₹117 crore in their joint mutual fund business, a company filing said. Both companies have been allotted 5.85 crore equity shares of ₹10 each of Jio BlackRock Asset Management Private Limited. Another joint venture between the companies also incorporated a new subsidiary on Tuesday to undertake broking operations.
short by Mansi Agarwal / 11:04 pm on 21 Jan
India gets 300 days of sun, has unfair advantage: SolarSquare CEO
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
SolarSquare Energy CEO Shreya Mishra said India has an unfair advantage in solar energy as it gets 300 sunny days. "Any place in India produces more power than an average place elsewhere," she told Think School. "In Germany, 1 kW of rooftop solar will produce 1,000 units of power annually. The same [system] in India will produce...1,400 units," she added.
short by Mansi Agarwal / 09:13 pm on 21 Jan
Solar panel payback period for homeowners is 3-5 yrs: SolarSquare CEO
short by Mansi Agarwal / on 21 Jan 2025,Tuesday
SolarSquare Energy CEO Shreya Mishra said the payback period for solar panels for a homeowner in India "will be 3-5 years". The payback period refers to the time required to recover the initial cost of an investment. "In Maharashtra, which has the most expensive electricity...payback will be...three years. In other states, payback would be 4-5 years," she told Think School.
short by Mansi Agarwal / 09:20 pm on 21 Jan
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