Search For "cuts"
Repo rate likely to be on hold, cuts expected in early 2024: Morgan Stanle
Updated : 2 years, 10 months ago IST
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
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Meta to reveal fresh round of job cuts across facebook, Instagram
Updated : 2 years, 11 months ago IST
According to the internal memo that a US-based newspaper read, Meta's head of human resources, Lori Goler, wrote Tuesday evening that the company will begin notifying employees regarding the downsizing of technical teams.
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Walker leads, Scheffler, Rose, Schauffele chase him at Hilton Head
Updated : 2 years, 11 months ago IST
Six-time PGA TOUR winner Jimmy Walker, who has one top-10 in his last 98 starts on TOUR, holds the 36-hole lead or the co-lead for the ninth time on the PGA TOUR. Walker has missed eight cuts in his past 12 events.
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Tesla cuts prices on all US models for 3rd time this year
Updated : 2 years, 11 months ago IST
The largest of the cuts that appeared Friday on Tesla's website were USD 5,000 per vehicle for the company's slower-selling more expensive models, the S large sedan and the X big SUV.
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Samsung cuts memory chip output on weak demand amid supply glut
Updated : 2 years, 11 months ago IST
"The company is cutting memory production volumes to a meaningful level," the South Korean company said in a statement shortly after releasing earnings guidance. "Demand for memory has declined due to the macroeconomic situation and low consumer sentiment."
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Khalistan - Pakistan's 'Bleed India with a thousand cuts' doctrine at work
Updated : 2 years, 11 months ago IST
Pakistan, a country inherently inclined towards the manifestations of radicalism, where religious fanatics rule the roost, is attempting to sow unrest and discord in India by activating its agents and stooges in the West.
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Amazon to shut down its global online bookstore as it cuts costs
Updated : 2 years, 11 months ago IST
The UK-based bookseller, bought by Amazon in 2011, announced Wednesday that it would cease operations on April 26, but that customers could still place orders until midday UK time on that day.
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People in PoK grapple with multi-faceted crisis
Updated : 2 years, 11 months ago IST
The impact of Pakistan's economic downfall is far-reaching and devastating. The situation for people in Pakistan-occupied Kashmir (PoK), who were already grappling with a multi-faceted crisis, has worsened quickly.
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Tesla sales again fall short of production
Updated : 2 years, 11 months ago IST
Tesla said there was an increase in the number of its more expensive models, the Model S and Model X, in transit to Europe, the Middle East and Africa, as well as to the Asia Pacific region.
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India cuts all windfall tax on crude oil
Updated : 2 years, 11 months ago IST
The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.
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World Bank cuts India's GDP forecast for 2023-24 by 30 bps
Updated : 2 years, 11 months ago IST
India's growth, World Bank, said, is expected to be constrained by slower consumption growth and challenging external conditions.
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UAE to voluntarily cut oil output by 144,000 bpd from May through year-end
Updated : 2 years, 11 months ago IST
"This voluntary initiative is a precautionary measure taken to ensure market balance and comes in alignment with the production cut agreed upon during the 33rd OPEC and non-OPEC Ministerial Meeting (ONOMM), held on 5th October 2022," the minister said in a statement.
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