Meta eliminated some 11,000 jobs globally in November 2022; of them, an estimated 50 were from Singapore. The second round of layoffs came in April 2023.
Tag: Economy
2,000-rupee notes being withdrawn by RBI; lifecycle ends on September 30
The 2,000-rupee banknotes are still legal tender, but all of them must be deposited in bank accounts by September 30, 2023, or they can be exchanged with banknotes of other denominations at any bank.
SGX, NSE to launch platform to trade Nifty products in GIFT City from July 3
The Singapore Exchange (SGX) and India’s National Stock Exchange (NSE) are set to launch the SGX NSE Connect at the Gujarat International Finance Tec-City (GIFT City) from July 3.
Walmart to export goods worth USD 10 billion from India by 2027: CEO Doug McMillon
Retail giant Walmart yesterday said India’s unique ecosystem of suppliers will help the company reach its goal of exporting goods worth USD 10 billion from the country annually by 2027.
Billions of rupees owed to us frozen due to sanctions, says Russian FM Lavrov
Russian Foreign Minister Sergei Lavrov claimed that his nation has accumulated billions of rupees in Indian banks which it can’t use, due to a combination of a growing trade surplus and economic sanctions on Russian banks.
Shanghai Cooperation Organisation summit: Jaishankar holds bilateral meetings as foreign envoys arrive in Goa
As representatives of the eight member nations of the Shanghai Cooperation Organisation arrive in Goa for the two-day Foreign Ministers’ Summit today, India’s External Affairs Minister (EAM) Jaishankar is scheduled for bilateral meetings with many of his SCO counterparts.
Joe Biden, Kamala Harris congratulate Indian-origin Ajay Banga on taking charge as 14th World Bank chief
United States President Joe Biden and Indian-American Vice President Kamala Harris congratulated Indian-origin US executive Ajay Banga on taking charge as president of the World Bank.
People around the world celebrate Earth Day 2023
Celebrating Earth Day on April 22, people around the world have geared up for events and information about the environmental impact we have had on our planet.
NRIs remit highest ever USD 107 billion in FY 2022-23: RBI Governor
The Governor of the Reserve Bank of India in a statement announced that inward gross remittances from the NRI for FY 2022–23 had reached a record high of USD 107.5 billion.
India has become fastest-growing major economy despite challenges: Modi
Indian Prime Minister Narendra Modi yesterday virtually addressed the US ‘Summit for Democracy’ at a leader-level plenary.
