Day: March 14, 2023

Government taking ‘quick’ steps to make India a $5 trillion economy: Finance Ministry

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The government on Tuesday informed the Rajya Sabha that it is taking steps to make India a USD 5 trillion economy earlier than the International Monetary Fund’s forecast year of 2026-27. The IMF’s World Economic Outlook earlier said the size of the Indian economy will increase from USD 3.2 trillion in 2021-22 to USD 3.5 trillion in […]

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Facebook-parent Meta will cut 10,000 jobs in second round of layoffs

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Facebook parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn. Meta shares jumped 6 per cent on the news. The widely-anticipated job cuts are part of a restructuring that will […]

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