RBI projects retail inflation at 5.1 pc in FY22
The Reserve Bank of India on Friday projected the retail inflation at 5.1 percent in the current financial year ending March 31, 2022.The projection is well within the Monetary Policy…
RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5 pc
The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 percent but maintained an accommodative stance as the economy faces heat of the…
Hiring activity improves sequentially in May: Report
Overall hiring activity has shown some improvement with a marginal 1 percent month-on-month contraction recorded in May as against a decline of 14.95 percent in April, according to a report.The…
Twitter starts rolling out its subscription service in Canada and Australia- Technology News, FP
tech2 News StaffJun 04, 2021 12:41:15 ISTTwitter is rolling out a subscription service, starting in Canada and Australia, that offers perks like an undo button for subscribers. The “Twitter Blue” subscription…
Facebook to end rule that exempted politicians from certain moderation rules on its site: Reports- Technology News, FP
The Associated PressJun 04, 2021 12:13:56 ISTFacebook plans to end a contentious policy championed by CEO Mark Zuckerberg that exempted politicians from certain moderation rules on its site, according to…
Startup news and updates: daily roundup (June 4, 2021)
India among top markets for Clubhouse within weeks of launchIndia features among the top markets for Clubhouse within weeks of launch of the voice-based social networking app in the country, according to…
VC firm Artha Venture Fund announces final close of Rs 220 Cr debut fund
Artha Venture Fund (AVF), a Mumbai-based early-stage micro-VC fund, announced the final close of its debut fund at Rs 220 crore. In a statement, AVF said, 50+ limited partners (LPs) participated…
SoftBank In Talks To Invest $700 Mn In Flipkart
SoftBank is in talks with Flipkart to invest $700 MnThe proposed investment in Flipkart from SoftBank’s Vision Fund 2 is part of a $1.2-1.5 Bn funding roundThe transaction is expected…
US President Joe Biden announces international COVID-19 vaccine-sharing plan
President Joe Biden on Thursday announced that the US will allocate 75 percent - nearly 1.9 crore of the first tranche of 2.5 crore doses - of unused COVID-19 vaccines…
Reliance spends Rs 1,140 Cr under CSR initiatives in 2020-21
Reliance Industries Ltd spent Rs 1,140 crore in the fiscal ending March 2021 on corporate social responsibility (CSR) initiatives including COVID-19 support, rural transformation, education, health, sports and disaster response.According…