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eBay agrees to pay $59 mn to settle lawsuit related to sales of pill-making tools

Feb 1, 2024

San Francisco, Feb 1 (IANS) E-commerce platform eBay has agreed to pay $59 million to settle a lawsuit alleging that it assisted in the sale of pill press machines that can be used to manufacture illegal drugs, the US Department of Justice (DOJ) has announced.According to the DOJ, pill presses and encapsulating machines can be used by criminals to…

Cabinet approves interim budget

Feb 1, 2024

New Delhi, Feb 1 (IANS) The Cabinet, chaired by Prime Minister Narendra Modi, has approved the interim budget on Thursday. Finance Minister Nirmala Sitharaman is now presenting the interim budget in the Lok Sabha. She reached her ministry…

Business

Sensex up more than 200 points before interim Budget

Feb 1, 2024

New Delhi, Feb 1 (IANS) Markets are in the green before the Interim Budget 2024 with the Sensex up more than 200 points.Sensex is trading at 72,025.83 points up by 273.72 points.Shares of Powergrid are up by more than 4 per cent, Maruti by…

Business

Cybersecurity firm Proofpoint slashes 280 jobs globally

Feb 1, 2024

San Francisco, Feb 1 (IANS) US-based cybersecurity company Proofpoint is laying off 280 employees, or around six per cent of its total workforce of 4,500. The job cuts will include around 20 employees in its Israel offices, which number…

Business

Interim Budget 2024: Strong economic fundamentals make it easier for FM to go for growth

Feb 1, 2024

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman’s Interim Budget 2024 to be presented in Parliament at 11 am today is expected to continue with the government’s big ticket expenditure on infrastructure projects and focus on…

Business

Bollywood actor Ranveer Singh invests in boAt

Feb 1, 2024

New Delhi, Feb 1 (IANS) Homegrown consumer electronics brand boAt has announced that Bollywood actor Ranveer Singh invested an undisclosed amount in the company, becoming a key stakeholder in its future.As part of the deal, he has been…

Business

Growth of core sector slows to 14-month low of 3.8% in Dec

Jan 31, 2024

New Delhi, Jan 31 (IANS) The growth rate of India's eight core sector industries slowed to a 14-month low of 3.8 per cent in December, official figures released on Wednesday showed.The growth of the cement and electricity segments fell to a…

Business

RBI bars Paytm Payments Bank from accepting deposits after Feb 29

Jan 31, 2024

Mumbai, Jan 31 (IANS) The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc. after February 29, 2024, other…

Business

Meta’s Threads reaches top 10 as its downloads tripled in Dec, X drops to No. 36

Jan 31, 2024

New Delhi, Jan 31 (IANS) Meta’s X rival Threads has witnessed growth in December last year, with downloads tripling, placing it in the top 10 most downloaded apps for the month on both the App Store and Google Play. According to data from…

Business

NTPC inks pact to partner Numaligarh Refinery in green projects

Jan 31, 2024

New Delhi, Jan 31 (IANS) Government-owned power giant NTPC Ltd has signed an MoU with Numaligarh Refinery Ltd (NRL), for partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green projects. NRL is…

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