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Complaints against Alibaba Group’s AliExpress triple in S. Korea last year

Mar 29, 2024

Seoul, March 29 (IANS) Complaints filed against AliExpress, the e-commerce retail platform of China's Alibaba Group, in South Korea nearly tripled in 2023 from a year earlier, a state-run consumer organisation said on Friday.The number of complaints submitted to the Korea Consumer Agency (KCA) against AliExpress jumped to 673 last year from the…

Samsung, employees agree to 5.1 pc pay raise for 2024

Mar 29, 2024

Seoul, March 29 (IANS) Samsung’s management and its workers agreed to an average 5.1 per cent pay raise for the year, sources said on Friday.The world's largest memory chip and smartphone maker reached an agreement with representatives of…

Business

Centre issues order on wheat stock declaration by traders to keep prices in check

Mar 29, 2024

New Delhi, March 29 (IANS) In order to prevent hoarding and speculation by unscrupulous elements, the Central government on Friday announced that all retail and wholesale traders of wheat in the country will have to declare their stock…

Business

Delhi HC to examine Google’s advertising terms for legal remedies in India

Mar 29, 2024

New Delhi, March 29 (IANS) The Delhi High Court has said that it will examine whether the terms of Google’s advertising programme unjustly restricts advertisers from seeking legal remedies or opting for arbitration within India.Justice…

Business

FTX CEO Sam Bankman-Fried sentenced to 25 years in prison

Mar 29, 2024

San Francisco, March 28 (IANS) Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud charges.Judge Lewis Kaplan ordered…

Business

RBI to shut Rs 2000 banknote exchange facility for a day on April 1

Mar 29, 2024

Mumbai, March 28 (IANS) The RBI announced on Thursday that the facility for exchange and deposit of Rs 2000 banknotes will not be available on April 1 at the central bank’s 19 offices due to operations associated with the annual closing of…

Business

India’s fiscal deficit in 11 months at 86.5 pc of full financial year target

Mar 29, 2024

New Delhi, March 28 (IANS) India’s fiscal deficit during the first 11 months of 2023-24 stood at Rs 15.01 lakh crore which is 86.5 per cent of the revised annual estimate, data released by the Controller General of Accounts on Thursday…

Business

Wipro, Indian Institute of Science to offer online Master’s programme in AI

Mar 29, 2024

Bengaluru, March 28 (IANS) Amid the government's call to bridge the skill gap in emerging technologies, IT major Wipro on Thursday announced a collaboration with the Indian Institute of Science (IISc) to offer eligible employees a higher…

Business

1 in 4 YouTube creators are earning money via Shorts, says company

Mar 29, 2024

New Delhi, March 28 (IANS) More than one in four YouTube creators, who are part of its ad sharing programme, are now earning money with the short-form video service Shorts, the company said on Thursday.Since introducing revenue sharing on…

Business

Technical Glitches Prompt Suspension of EPCH’s E-Voting Process

Mar 28, 2024

NEW DELHI – 28th MARCH’24 - The election process for the Export Promotion Council for Handicrafts, aimed at appointing members to the Committee of Administration, is overseen by the Development Commissioner Handicraft,…

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