Tag: Economy

Euro falls to a 20-year low against US dollar, fears of recession mounts

With a looming recession weighing down heavily on the European economy, the euro plunged to a 20-year low against the US dollar. The impending financial crisis was reflected in stock markets, while bonds flashed warning signals and oil prices fell s...

HSBC partners IBM to accelerate quantum computing readiness

Reports have revealed today that the British multinational investment bank and financial services, HSBC, and the American multinational technology corporation, IBM are currently working together on exploring applications for quantum computing in fin...

After S.Korea, India too needs law to ensure fairer app economy says ADIF

As South Korea set an example in curbing abuse of dominance by Apple and Google app stores, New Delhi-based Alliance of Digital India Foundation (ADIF) on Wednesday urged the government to create similar legislative reforms in the country to ensure ...

Nasscom Says Indian Tech Industry to Reach $227 Bn in Revenue in FY22

The Indian technology industry crossed $200 billion in overall revenue for the first time and is set to reach $227 billion in overall revenue in FY2022 -- with a growth rate of 15.5 percent, which is the highest ever since 2011, the IT industry's ap...

India Observes 41% Growth in Hiring in January Despite Omicron

The hiring sentiment in India reflected a resilience to the Covid third wave as the hiring activity saw a healthy 41 percent (on-year) growth in January, a report showed on Tuesday. The upswing of hiring activity was observed in multiple sectors,...
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