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Finance/Business

Finance/Business / World

Global unemployment to increase in 2024, ILO report suggests

January 11, 2024January 11, 2024 - by cmedia

#GlobalUnemployment, #Unemployment, #ILO Global unemployment is expected to rise this year, with growing inequality and stagnant productivity also a cause for concern on the economic horizon, the UN labour agency ILO said …

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Finance/Business

As India surges ahead in digital payments, US plays catch-up

January 8, 2024January 8, 2024 - by cmedia

By Isabelle Manders, Dawn Sawyer, Julianna Russ, Khushi Malhotra, Supriyo Hazra and Ayush Gupta #IndiaDigitalPayments, #UPI, #IndiaFintech, #USAFintech, #USA, #CashVsDigitalPayments IBNS: Gene Bradford opens up his shop, West Main Auto Repair, each morning at 8 …

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Finance/Business

Toronto city’s budget chief warns of substantial hike in city’s property tax

January 7, 2024January 8, 2024 - by cmedia

Toronto Property Tax increase. Image credit: Unsplash Toronto/CMEDIA: Toronto’s budget chief Coun. Shelley Carroll, appointed by Mayor Olivia Chow last year, warns of a substantial property tax increase with the city …

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Finance/Business / India

India’s forex reserves spike by $9bn last week: Reports

December 26, 2023December 26, 2023 - by cmedia

#India, #IndiaForexReserves IBNS: India’s foreign exchange reserve has spiked by $9.112 billion to $615.971 billion in the week ending December 15, 2023, media reports said. This increase is one of the …

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Finance/Business

Twenty of the world’s largest banks laid off more than 60, 000 employees in 2023

December 26, 2023December 26, 2023 - by cmedia

#Banks, #BanksLayoffs, #Layoffs IBNS: Twenty of the world’s largest banks laid off more than 60,000 employees in 2023, marking one of the worst years for job cuts since the 2007-2008 financial crisis, …

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Finance/Business / US

American firm Wayfair’s CEO tells employees to work for long hours

December 24, 2023December 24, 2023 - by cmedia

IBNS: Indian-American CEO of a US-based online furniture company has sent a special message to its employees after the firm yielded profitable results. Wayfair CEO Niraj Shah not only asks …

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Finance/Business / India

Over 99% ration cards seeded with Aadhar to target genuine PDS beneficiaries

December 21, 2023December 21, 2023 - by cmedia

#Aadhar, #PublicDistributionSystem, #OneNationOneRationCard, #RationCard New Delhi/IBNS: Around 99.8% of ration cards have been seeded with Aadhaar for the rightful targeting of Public Distribution System (PDS) beneficiaries in the country. Union Minister of State …

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Finance/Business

Bhagwant Singh, Oman-based businessman pledges Rs 500 crore investment in Punjab

December 10, 2023December 10, 2023 - by cmedia

#BhagwantSingh, #Oman, #Punjab IBNS: In a remarkable journey that spans from struggling with a meager budget of Rs 500 to transforming into a visionary investor pouring Rs 500 crore into Punjab, Bhagwant …

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Foreign / Poverty

40 of the world’s richest countries registered sharp rise in child poverty between 2014 and 2021: UNICEF

December 6, 2023December 6, 2023 - by cmedia

#Child, #Poverty, #RichCountries IBNS-CMEDIA: A sharp rise in child poverty was registered across 40 of the world’s richest countries between 2014 and 2021, according to a new report published on Wednesday by …

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Finance/Business

Adani Green Energy ranks as 2nd largest global solar PV developer in Mercom Capital’s report

December 6, 2023December 6, 2023 - by cmedia

#AdaniGroup, #AdaniGreenEnergy, #SolarPV, #GautamAdani, #PhotoVoltaic IBNS:CMEDIA: Renewable energy solutions company Adani Green Energy Limited (AGEL) has become the second-largest global solar PV developer, according to Mercom Capital Group’s latest Annual Global Report. According to …

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