In this issue

June 08, 2023

TCS defies tech-sector inertia: Top execs see salary hikes in FY23

At a time when salaries of the top management of India's two largest information technology (IT) services have seen erosion, the leadership at Tata Consultancy Services (TCS) has seen just the opposite.

2 mins

Over one-third of ₹2K notes returned so far

There were 1.81 billion pieces of ₹2,000 banknotes in circulation as on March 31, comprising 1.3 per cent of total circulation in volume terms.

2 mins

Cabinet okays ₹89,000-cr revival package for BSNL

To help deploy 4G/5G services; may become net debt-free in 3 yrs: Vaishnaw

2 mins

Maximum airfares drop up to 61% after govt intervention

Don't wait for govt to point out odd fares: Scindia

2 mins

India could lead global conversations around AI regulation: Altman

Amid concerns about artificial intelligence gaining human-like cognitive abilities, OpenAI CEO Sam Altman on Wednesday sought to reassure that the generative AI major was looking to build a tool and not a creature.

2 mins

Hero Moto to drive in mid, budget-range EVs in FY25

Hero MotoCorp will launch mid-segment and budget-segment electric scooters in FY25, Chief Executive Officer (CEO) Niranjan Gupta said on Wednesday.

2 mins

Govt to move SC against HC relief to Gameskraft

In its reply to the Karnataka HC, the revenue department highlighted that the platform allows players of online rummy to place stakes and bet on the outcome

1 min

Centre approves hike in paddy MSP by up to 7%

5-10% hike for other crops

2 mins

RBI's VRRR auction tepid, surplus liquidity goes past ₹2-trn mark

Liquidity conditions were tight last month amid strong credit offtake but eased significantly since the last week of May amid increase in government spending and the central bank's decision to withdraw the ₹2,000 note

1 min

Charge Sheet Against WFI Chief To Be Filed By Jun 15, Says Thakur

Addressing a press conference after a meeting with the protesting wrestlers, Thakur also assured that the elections to the WFI will be held by June 30.

1 min

Monsoon expected to hit Kerala in 24 hrs, says IMD

Some meteorologists say onset could be mild due to the impact of cyclone

2 mins

China's trade slowdown points to global worries

Chinese exports fell for the first time in three months in May, adding to risks in the world's second-largest economy as global demand weakens.

1 min

Sunak Lands In Washington, Will Talk Ukraine, Economy And AI With Biden

But he's also pragmatic, and has restored stability to Britain's government after the turbulent terms of predecessors Boris Johnson and Liz Truss

3 mins

NY Now Most Expensive City To Live In For Expats

Mumbai most expensive Indian city for expats, Delhi, Bengaluru follow

1 min

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