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India poised to surpass Japan to become world’s 3rd largest economy by 2030: S&P

Oct 24, 2023

New Delhi, Oct 24 (IANS) India is likely to surpass Japan to become the world's third-largest economy with its GDP doubling to $7.3 trillion by 2030, according to the latest S&P Global Market Intelligence report.“India's nominal GDP measured in USD terms is forecast to rise from $3.5 trillion in 2022 to $7.3 trillion by 2030. This rapid pace of…

Employers budget less for pay raises, plan fewer promotions in 2024: Report

Oct 24, 2023

San Francisco, Oct 24 (IANS) While layoffs in the global tech industry continue unabated, employers in the US are planning to budget less for salary raises next year, according to a new report.According to recent data from consulting firm…

Business

IEA sees 10-fold leap in use of electric cars by 2030

Oct 24, 2023

New Delhi, Oct 24 (IANS) The use of electric cars would increase by almost 10 times worldwide by 2030 and the share of renewables in the global electricity mix would increase to 50 per cent by 2030 from the current 30 per cent amid the…

Business

Electric cars to increase by almost 10 times by 2030: International Energy Agency

Oct 24, 2023

New Delhi, Oct 24 (IANS) The energy world is set to change significantly by 2030, based on the current policy settings, which includes almost 10 times as many electric cars on the road worldwide, the International Energy Agency (IEA) said…

Business

Byju’s rejigs top leadership in finance as it prepares for FY22 results

Oct 24, 2023

New Delhi, Oct 24 (IANS) Edtech major Byju's on Tuesday announced new leadership in its finance function with the appointment of industry veteran Pradip Kanakia as the senior advisor and Nitin Golani, currently the President-Finance, assume…

Business

Healthcare staffing startup Nomad Health lays off 17% of its workforce

Oct 24, 2023

San Francisco, Oct 24 (IANS) Healthcare staffing startup Nomad Health has laid off 17 per cent of its corporate workforce, as demand for nurses and other temporary healthcare workers slows down post-pandemic. Nomad’s co-founder and CEO…

Business

Amazon rolls out passwordless sign-ins for users on iOS and web

Oct 24, 2023

New Delhi, Oct 24 (IANS) Amazon is rolling out passkey support on browsers and mobile shopping apps (iOS users), making it easier and safer for the customers to access their accounts with passwordless sign-in.Customers can now set up…

Business

US regulators probing Tesla’s advertised vehicle range, personal benefits

Oct 24, 2023

San Francisco, Oct 24 (IANS) Elon Musk-run Tesla is being investigated by the US Department of Justice (DOJ) for the advertised range of its TVs and personal decisions.The electric car-maker disclosed in a US Securities and Exchange…

Business

ONGC wins bid to buy PTC’s wind power unit for Rs 925 crore

Oct 23, 2023

New Delhi, Oct 22 (IANS) Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC India Ltd's wind power unit for Rs 925 crore to expand its renewable energy business, the government-owned upstream oil company said."With a vision…

Business

Gold expected to trend higher amid geopolitical uncertainty

Oct 23, 2023

New Delhi, Oct 23 (IANS) Gold is expected to trend higher in the immediate term. Technically, the price targets for gold remain at $1,990 and $2,030, according to Emkay Wealth Management.Contrary to the usual trend of gold moving up…

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