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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...

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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...
Disney CEO advises executives to only take necessary business travels, and virtual meetings to be conducted as often as possible

Amid revenue drop, Disney reportedly plans job cuts and hiring freeze

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'Tough and uncomfortable decisions': Hiring freeze, staff reductions ahead for Disney According to an internal memo from Disney CEO Bob Chapek, the company is "limiting...
According to IMF, the global inflation rate is projected to be 8.8% this year and come down to 6.5% next year

IMF expects inflation in India to come down to 4% range in 2023

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India's economy fairly doing well in 2022 and is expected to continue growing fairly robustly in 2023 The International Monetary Fund (IMF) expects India's inflation...
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri asserted that India will continue to purchase oil from whichever country it has to

Hardeep Puri avers ‘no pressure’ on India over Russian oil; ‘will buy from wherever...

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Would wait for the effective cut to assess the impact on India: Hardeep Puri Union Petroleum and Natural Gas Minister Hardeep Singh Puri has said...
RBI has hiked the repo rate by 50 basis points to 5.90%, the fourth straight increase in the current cycle, to tame sustained above-target retail inflation rate

RBI hikes repo rate to subdue the inflation; pegs inflation at 6.7% & eco...

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RBI Governor Shaktikanta Das announces hike in repo rate by 50 basis points to subdue the inflation The Reserve Bank of India's Monetary Policy Committee...
Will the bursting of HB 2022 make 2008 look like the proverbial Sunday school picnic?

Housing bubble 2022 is NOT Housing bubble 2008

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Why this housing downturn is nothing like the last one With the caveat that the Housing bubble (HB) 2022 is not yet officially categorized as...
Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain

US Fed rolls out another rate hike, warns inflation fight can’t be ‘painless’

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US Fed attacks inflation with another big hike and expects more The US Federal Reserve rolled out another steep increase in the key US interest...
Congress continues to plumb new depths while the BJP is getting ready for 2024

2024 Lok Sabha Polls

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New Delhi already under the grip of poll fever - Congress has lost the game, and BJP appears poised for a hat-trick Come October, massive...
Raising rates makes borrowing more expensive to try to bring down the pace of price rises

Global economy in its steepest slowdown since 1970, says World Bank

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World Bank sees rising risk of global recession in 2023 On Thursday, the World Bank said that the global economy is in its steepest slowdown...
RBI's policy is to prevent excessive volatility of the rupee, or the exchange rate and also anchor expectations around the currency's depreciation

Despite substantial devaluation in other currencies, Indian rupee maintained its value: RBI Governor

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Amid extreme volatility in global stock markets, the Indian rupee has "held its own", says RBI governor Despite extreme volatility in global stock markets, especially...

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