Microsoft bringing digital payment facility in ‘Kaizala’ app

Microsoft bringing digital payment facility in ‘Kaizala’ app

With the digital payment space growing manifold in India, Microsoft is soon enabling digital payments services in its enterprise social network app “Kaizala” in the country. Payment integration — via third party mobile payment infrastructure — with “Kaizala” will enable users to quickly send or receive money without having to leave the Kaizala mobile application. […]

US Fed raises interest rates, signals two more rate hikes in 2018

US Fed raises interest rates, signals two more rate hikes in 2018

The US Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points and signalled two more rate hikes in 2018, citing “strengthened” economic outlook in recent months. “In view of realised and expected labour market conditions and inflation,” the Fed decided to raise the target range for the federal funds rate to […]

Google Doodle remembers Japanese geochemist Katsuko Saruhashi

Google Doodle remembers Japanese geochemist Katsuko Saruhashi

Google on Thursday honoured pioneering Japanese geochemist Katsuko Saruhashi with a Doodle on her 98th birthday. “Today on her 98th birthday, we pay tribute to Dr. Katsuko Saruhashi for her incredible contributions to science, and for inspiring young scientists everywhere to succeed,” Google said. Renowned for her groundbreaking research focused on acid rain and carbon […]

Kanishk Gold directors questioned in loan fraud case

Kanishk Gold directors questioned in loan fraud case

The CBI on Thursday said that it was questioning the directors of Kanishk Gold Pvt. Ltd. (KGPL) in connection with its ongoing probe into the alleged defrauding a consortium of 14 banks led by the SBI to the tune of Rs 824 crore. A Central Bureau of Investigation official told IANS: “Questioning of KGPL Directors […]

Uber, Careem to appeal Egypt court’s banning order

Uber, Careem to appeal Egypt court’s banning order

Uber and Careem taxi services operating in Egypt said on Tuesday that they will appeal the court order banning their services to a higher court in the country. Earlier on Tuesday, an administrative court in Egypt decided to ban the Uber and Careem taxi services from operating in the country based on a lawsuit filed […]

Bengaluru metro staff defer strike by month

Bengaluru metro staff defer strike by month

About 900 employees of the state-run Bengaluru Metro Rail Corporation Ltd (BMRCL) on Tuesday agreed to defer their proposed strike on Thursday by a month on their demands. “We have agreed to defer the strike to mid-April to enable the management consider our demands, including recognition to our union and service issues,” metro union leader […]

US, North and South Korea meet in Finland

US, North and South Korea meet in Finland

A tripartite talk between North Korea, South Korea and the US has started in Finland and denuclearisation is not on the agenda, Finnish Foreign Minister Timo Soini has said. No statements were released on Tuesday from Vaanta, where the talks were in progress. The media was not allowed to enter the fenced meeting venue and […]

Hawking’s ashes to sit near Newton, Darwin’s graves

Hawking’s ashes to sit near Newton, Darwin’s graves

The ashes of renowned physicist Steven Hawking will be interred in Westminster Abbey here near the graves of ground-breaking scientists Sir Isaac Newton and Charles Darwin. In a statement released by the Abbey on Tuesday, the Very Reverend Dr John Hall, Dean of Westminster, said it was a “fitting” tribute to the British scientist who […]

Market indices open in green

Market indices open in green

Taking a cue from global markets, the key Indian equity market indices on Wednesday opened higher ahead of the US Federal Reserve’s decision on the interest rates. The Sensitive Index (Sensex) of the BSE, which had closed at 32,996.76 points on Tuesday, opened higher at 33,090.82 points. Minutes into trading, it was quoting at 33,191.94 […]