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HUL Q3 Net Profit Climbs 12% YoY; Surpasses Street Projections On Greater Sales.

Business
Hindustan Unilever Ltd, India's largest manufacturer of fast-moving consumer products, reported on Thursday that its standalone net profit for the third quarter ended December...

UAE Loans $2 Billion to Pakistan, With Another $1 Billion Following

Economy
The Abu Dhabi Fund for Development (ADFD) increased its $2 billion deposit with the State Bank of Pakistan (SBP) on January 19. During his recent...

General Atlantic Invests $350 Million In PhonePe With a Valuation Of $12 Billion.

Business
Unicorn in payments and financial services PhonePe has raised $350 million from General Atlantic in a new investment round at a valuation of over...

PM Ardern Shocks New Zealand, Says She Is Stepping down

Current affairs
On Thursday, New Zealand Prime Minister Jacinda Ardern announced she had "no more in the tank" and would resign by early February. Ardern, crying, said...

Microsoft To Layoff Thousands Of Workers

Business
Microsoft Corp is considering a reduction of approximately 5 percent of its staff, or approximately 11,000 positions. The corporation intends to reduce the number of...

Analysts Think That India’s Population Has Already Passed China’s

Current affairs
India may have surpassed China as the world's most populous nation, putting pressure on Prime Minister Narendra Modi to produce more jobs and maintain...

China’s Declining Population Portends A Demographic Calamity.

Economy
The Chinese government said on Tuesday that 9.56 million people were born in 2022, while 10.41 million died. It was the first time deaths...

Azure OpenAI Service Will Soon Feature ChatGPT: Satya Nadella

Business
"ChatGPT is coming shortly to the Azure OpenAI Service, which is now generally available," CEO Satya Nadella tweeted on Tuesday morning. Microsoft said that it...

India’s Trade Deficit Widens To $23.76 bn; Exports Dip By 12.2% In Dec

Economy
India's merchandise trade deficit in December widened to $23.89 billion as against $21.10 billion year-on-year (YoY). However, the number was largely flat as compared to...

Google-Backed Dunzo Fires 3% of Workforce

Business
Dunzo, a delivery platform sponsored by Google, has laid off 3% of its personnel, citing reorganization, joining the long list of Indian businesses that...

Viacom18 Bags Women’s IPL Media Rights For Rs. 951 Crore: Jay Shah

Industry
"Viacom has pledged Rs 951 crore, or INR 7.09 crore each match, for the next five years (2023-27) The Board of Control for Cricket in...

‘People Crying In Office’: Amazon India Employee Describes Scene Amid Layoffs

Business
According to a post allegedly made by an Amazon India employee on Grapevine, an anonymous community app for Indian professionals, employees are "weeping in...
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