MUMBAI: Indian startups have laid off more than 4,500 employees since July last year, data sourced from executive search firm Longhouse Consulting showed. The sudden ban on online real-money gaming which nudged many startups to shut overnight has pushed the numbers up but much of it also has to do with the selective flow of…
NEW DELHI: If assembly polls since the Lok Sabha elections in 2024 reiterated BJP’s dominance and deflated hopes of its rivals emboldened by their LS poll bump, the fresh round of electoral battle will test the party’s mettle and determine if it can build on its momentum to make new strides in regions considered most…
US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Analysts are now moving from the earlier ‘TACO’ label for US President to a new term ‘NACHO’.The shift comes amid ongoing blockade between the Trump administration and Iran over control and…
MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…
The Reserve Bank of India has capped the maximum dividend payout by banks at 75% of profit after tax (PAT), with the new prudential norms set to take effect from the financial year 2026-27.The central bank on Tuesday issued the Reserve Bank of India (Commercial Banks – Prudential Norms on Declaration of Dividend and Remittances…
Bhubaneswar: A mob once again vandalised an Ama Bus after the vehicle allegedly hit a cyclist, injuring the man critically near Palashpalli overbridge on Monday evening. According to eyewitnesses, the bus, which was not in service, was moving towards the Pokhariput depot when the incident took place.Following the incident, the injured man, who is yet…
Secretary of the Norwegian Nobel Committee Kristian Berg Harpviken on Thursday said that over 287 candidates are shortlisted this year for the 2026 Nobel Peace Prize. US President Donald Trump is also likely among the nominees.Harpviken said 208 of the nominees are individuals and 79 are organisations, with several new names added this year.“Since I…
Second round of talks between the United States and Iran to ease tensions in the Middle East is expected to take place on Monday, news outlet CNN reported, citing Iranian officials.According to the officials, the delegations of both countries are likely to be in Islamabad on Sunday.This comes as Islamabad has offered to “go to…
Cuttack: The Orissa high court on Wednesday adjourned till April 22 further hearing on a public interest litigation (PIL) alleging that the Odisha Human Rights Commission (OHRC) has become virtually non-functional due to key vacancies and the absence of an acting chairperson.The division bench of Chief Justice Harish Tandon and Justice M S Raman adjourned…
Bhubaneswar: In a boost to the ‘Viksit Odisha’ vision, the National Research Development Corporation (NRDC) has transferred three moringa-based food technologies developed by CSIR-CFTRI to a city-based MSME unit, strengthening the state’s push for innovation-led MSME growth.The licensing agreements were exchanged on Wednesday in the presence of MSME department’s commissioner-cum-secretary Rasmita Panda, NRDC CMD Commodore…
