E-commerce giant Amazon is planning to reduce 14,000 jobs by early 2025 as its cost-cutting measure
Tag: Business
Is US headed for “Trump recession”? Economic worries mount over tariff wars, workforce cuts, spending freeze
The US federal government reduced its payrolls by 10,000 in a potential harbinger of the alarm being sounded by the stock market, consumer confidence and other measures of where the economy is headed. Since January, the economic policy uncertainty index has spiked 41 per cent to a level, 334.5, that in the past signalled a recession.
Women’s Day 2025: ‘Women and Finance’ survey in India shows 90% of female rural entrepreneurs are diligent savers
The survey, conducted by Haqdarshak and DBS Bank India, has revealed that 100 per cent of respondents in Madhya Pradesh; 95 per cent in Maharashtra; and 73 per cent in Rajasthan set aside a portion of their income as savings.
Women’s Day 2025: Airbnb says female hosts in India earned over INR 2.6 billion in past year
Ahead of Women’s Day 2025 (on March 8), the global vacation rental platform Airbnb has released data on its female hosts in India, saying that 30 per cent of all Indian hosts are women, and that collectively they have earned more than INR 2.6 billion (USD 29.9 million) in the past year.
DPIIT, Paytm ink MoU to scale manufacturing, fintech startup ecosystem
Indian government, Paytm sign MoU to accelerate the growth of manufacturing, fintech startup ecosystem in the country
Artificial Intelligence to eliminate 4,000 jobs worldwide at DBS Bank over 3 years, even as Singapore braces for 2025 layoffs
Even as companies replace human employees with Artificial Intelligence, validating fears of “AI will take our jobs”, new jobs are being created in the field of Artificial Intelligence itself.
A BBC report on DBS said: “The bank’s outgoing chief executive Piyush Gupta also said it expected to create around 1,000 new AI-related jobs.”
Government of Sharjah hosts B2B meetings in Mumbai to make Arab emirate a global gateway for Indian businesses
The geographical position of the UAE makes it a strategic hub for international trade, commerce, and logistics. The free zones in the UAE make setting up a business easier. These are attractive elements for Mumbai-based companies, the city being considered the business capital of India.
Author claims she gave birth to Elon Musk’s child five months ago
Author claims she gave birth to tech entrepreneur Elon Musk’s child five months ago
Instagram tests ‘dislike’ button for comments, faces flak
Instagram tests ‘dislike’ button for comments
Paris AI Summit: Sundar Pichai discusses ways Google can work closely with India for digital transformation
Google CEO Sundar Pichai meets Indian PM Narendra Modi in Paris. The French city is hosting AI Action Summit
