Meta plans more job cuts
Meta did not comment on the fresh layoffs….reports Asian Lite News After firing 11,000 employees in November last year, Meta (formerly Facebook) is reportedly
Fintech platform PayMe bets big on UP
Founded in 2016, Noida-based PayMe offers a pool of comprehensive financial services for individuals and corporates….reports Asian Lite News Fintech platform PayMe on Thursday
Budget2023: EVs to become cheaper
Subsidies on EV batteries will be extended for one more year…reports Asian Lite News The Central government on Wednesday said that to further provide
IMF upgrades global economic outlook
A big factor in the upgrade to global growth was China’s decision late last year to lift anti-virus controls that had kept millions of
US tech giants continue firing spree
Tech giants IBM and Spotify joined the line this week, taking up the total of tech employees cut this year to 53,000…writes Yashwant raj
INTERVIEW: Prof. Stefano Zamagni
In an extensive interview with Asian Lite’s Abhish K. Bose, Prof. Zamagni discusses the inflation in various European countries and the stagnation in the
IMF chief warns of darker global outlook
The IMF estimates that countries accounting for about one-third of the world economy will experience at least two consecutive quarters of contraction this or
Layoffs finally hit giants
Cloud major Oracle recently considered laying off thousands of workers to save up to $1 billion in cost-cutting measures…reports Asian Lite News The economic
WAR: African Economies to Pay the Price
Mr Zemedeneh Negatu, chairman of Fairfax Africa Fund, says Russia-Ukraine conflict affects Africa’s wheat, oil importing countries most The impact of the Russia-Ukraine conflict
IMF: War hits global growth
The IMF chief also warned that “if we are in a situation in which we cannot overcome tensions rapidly, we may see some negative
