Gopika Jayakumar

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Microsoft blames missed profit targets on economic woes.

Microsoft reported a fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, falling short of analyst expectations of $2.29 per share — a...

No plan to extend the deadline for filing income tax returns.

According to a top official, the government is not considering extending the deadline for filing income tax returns because it expects most returns to...

PVR reports a net profit of 68 crores in the first quarter.

PVR Ltd reported a net profit of 68.3 crores (Ind-AS adjusted) for the quarter ending June 2022 on Thursday. Its revenue increased to 1,000.4...

ADB cuts India’s FY23 GDP forecast to 7.2%.

The Asian Development Bank (ADB) cut India's economic growth forecast for the current fiscal year to 7.2% from 7.5%, citing pandemic and war-related effects,...

Govt slashes windfall tax on petrol, ATF after fall in global prices.

On Wednesday, the government reduced the windfall tax on domestically produced crude, diesel, and aviation turbine fuel eliminated the levy on gasoline and exempted...

4,500 Air India employees opted for voluntary retirement.

Tata Group launched the voluntary retirement scheme (VRS) on June 1 in an effort to attract new talent to Air India. According to an...

Ukraine seeks a debt freeze as war ravages the economy.

Ukraine has asked its international creditors, including Western powers and the world's largest investment firms, to put a two-year moratorium on debt payments to...

SpiceJet announces 26 new domestic flights from July 22.

On July 19, the low-cost carrier SpiceJet announced the beginning of 22 July with 26 new domestic and additional flights, including Nashik-Hyderabad and Delhi-Khajuraho...

Here is the new feature that Netflix is testing to stop password sharing.

In five Latin American nations, Netflix Inc. will charge subscribers a fee to use their account in a second residence. The business is conducting...

Amazon Prime is preparing for a significant revamp.

This week, Amazon Prime Video will get a new appearance as part of a strategy the company announced. Since its debut in 2011, Amazon...

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Rupee sees the biggest daily gain vs dollar in 60+ days after the Fed comment.

The Indian rupee gained the most in more than two months on Thursday, tracking gains in most other Asian currencies and stocks, while bond...

Google blocks Krafton’s battle-royale game in India after government order.

According to a Google spokesperson, Alphabet Inc's Google has blocked access to a popular battle-royale format game from Krafton in India in response to...

Amazon and Apple outperformed expectations during a bleak earnings season.

Amazon and Apple delivered forecast-topping results on Thursday, providing some solace in an earnings period marred by inflation, economic turmoil, and war. A crowded...

PM Narendra Modi will unveil the IIBX, India’s global bullion exchange: 5 points.

Prime Minister Narendra Modi will inaugurate India's first international bullion exchange in his home state of Gujarat on Friday. The India International Bullion Exchange...