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IT sector dials down on contract staffing
Recruitment firms heavily dependent on contract staffing will take a hit on their revenues if the trend continues
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India in talks with Angola, Algeria for LNG supplies
The talks come even as New Delhi looks at spot purchases of LNG to meet domestic demand
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Billionaire Mukesh Ambani to open family office in Singapore
The city-state has become an attractive hub for family offices thanks to its low taxes and relative security
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RBI hikes repo rate by 50 bps to combat inflation
This is the fourth straight increase in the last five months, which saw the rates increase by 190 basis points
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5G services to be launched on 1 Oct by PM Modi
The National Broadband Mission also said that the 5G services will be launched at an event by PM Narendra Modi
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Rupee falls to record low of 81.09 in early trade
This is the first time the local unit has fallen below the 81 mark against the greenback
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