Shruti Rag
Bharat Express News Network
Government Slashed Windfall Tax on Crude Oil to Rs. 4,100 per tone
Relief for oil companies as government slashes windfall tax to Rs. 4,100 per tonne
Meta Platforms Makes Record-Breaking Bond Sale, Raises $8.5 Billion
Meta Platforms Inc. became the first large technology company to enter the US investment-grade bond market.
IBM Puts Brakes on Hiring, Replace Roles with Artificial Intelligence
IBM anticipates halting recruitment for job positions that are likely to be substituted by artificial intelligence in the upcoming years
India’s Manufacturing PMI Climbs to 4 Month High on Strong Output and New Orders
Positive Signals for India's Economy as Manufacturing PMI Hits Four-Month High in April
India’s IPO Market Booms in Q1CY23, Set to Continue Strong Performance in Second Half of CY23
India has emerged as the global leader in the number of IPOs during the first quarter of the current calendar year
Rising Electricity Import and Transportation Expenses to Increase Bills
Electricity tariffs are expected to increase due to the rising costs of imported coal and longer transportation routes.
OpenAI Secures $300 Million in Funding, Holds Position as Leader in AI Development
OpenAI's valuation skyrockets to $29 billion following major funding round
India’s Leading Tech Firms See a Significant Drop in Net Hiring in FY23
FY23 sees a sharp decline in net hiring by India's top four tech firms
India Sees $2.16 Bn Decline in Foreign Exchange Reserves
India's Foreign Exchange Reserves, which had recently reached their highest levels in over nine months, decreased to $584.25 billion
Major Boost for Hydro Energy: 3,110 MW Hydro Power Units to Launch This Fiscal Year
India is set to increase its hydro power generation capacity by 3,110 MW during this fiscal year