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India under its G20 presidency has kept crypto assets regulation as an agenda item for this year

Crypto regulations will not be effective without global consensus, says FM Sitharaman

PGurus Newsdesk - 6
Sitharaman emphasizes the need for global consensus on crypto regulation On Sunday, while addressing a series of events in Bengaluru Finance Minister Nirmala Sitharaman emphasized the...
In March, the e-commerce giant announced to lay off another 9,000 employees in Amazon Web Services (AWS), Twitch, advertising, and HR

CEOs of Amazon, Google hint at more layoffs amid economic slowdown

PGurus Newsdesk - 0
Amazon, Google layoff signals more pain for the tech sector as recession fears mount Amazon and Google CEOs have hinted at more layoffs as the...
The current round of monetary stimulus is going to primarily be in the form of QEs rather than rate cuts

Why 2023 has to be worse than 2008 – Part 2

Shanmuganathan Nagasundaram - 0
The previous first part of the article can be accessed here Part 1. This is Part 2 Stars aligned for a 2008-style crash When I wrote...
The job cuts were dominated by companies like Amazon, Microsoft, Google, Salesforce, and others

Amid layoff season, close to 1 lakh tech employees lost jobs globally

PGurus Newsdesk - 0
In 2022, over 1,000 companies laid off 154,336 workers, as per the data from the layoffs tracking site Close to 1 lakh people lost jobs...
OLX is taking necessary measures to reduce its cost structure in light of changing macroeconomic conditions

Amid global meltdown, OLX Group to slash over 1,500 jobs globally

PGurus Newsdesk - 1
Layoff drive: OLX Group will sack around 1,500 employees globally to cut cost Amid the global meltdown and recession fears, online marketplace OLX Group is...
Job vacancy rates have been increasing every quarter and the open jobs per unemployed rate is at record lows in many countries

Amid global slowdown, India’s IT spending to reach $110.3 bn in 2023; to grow...

PGurus Newsdesk - 1
Gartner forecasts worldwide IT spending to grow 2.4% in 2023 India’s IT spending is estimated to grow 0.5 percent in 2023, totaling $110.3 billion which...
We are indeed at the end game for the US Dollar as it has existed in its unbacked form since 1971

Why 2023 has to be worse than 2008

Shanmuganathan Nagasundaram - 1
US housing market 2022 witnessed the US equity and bond markets enter a bear market. These are indeed long-term trends and while we might witness...
According to estimates, banks seek up to 50 percent of cash money margin from small construction entities. This ends up as bank guarantees

Nitin Gadkari announces the launch of India’s first-ever Surety Bond insurance product on Dec...

PGurus Newsdesk - 0
The premium for this insurance bond is expected to be reasonable While addressing the CII's Global Economic Summit, Minister for Road Transport and Highways, Nitin...
The author provides the solution to prevent malinvestments, and that capitalism is the best economic model not only to get rid of poverty but also to reduce inequalities

2022 – The end of an era of blissful ignorance!!!

Shanmuganathan Nagasundaram - 0
2022 will be viewed as a pivotal year In the annals of finance, 2022 will be viewed as a pivotal year – perhaps without even...
A new performance management system could help managers push out thousands of underperforming employees starting early next year

Google’s parent company Alphabet to lay off 10,000 employees through new ranking and performance...

PGurus Newsdesk - 0
CEO Sundar Pichai aims to make Alphabet 20% more efficient, hinting at job cuts Alphabet, Google's parent company, is reportedly gearing up to lay off...
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