Business

US personal spending plunged 7.5% in March amid shutdowns

US personal spending plunged 7.5% in March amid shutdowns

Washington– US personal consumption expenditures (PCE) plunged 7.5 per cent in March month-on-month amid widespread shutdowns triggered by the COVID-19…
Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mumbai– Reliance Industries (RIL) Chairman Mukesh Ambani has decided to forego his entire salary until the impact of the coronavirus…
US economy sees biggest slump since 2008 financial crisis

US economy sees biggest slump since 2008 financial crisis

Washington– The US economy has witnessed the biggest quarterly decline since the 2008 financial crisis, indicating the severity of the…
Trump administration advancing personal vendetta against us: Amazon

Trump administration advancing personal vendetta against us: Amazon

Washington– Jeff Bezos-run Amazon was left in shock when the Donald Trump administration put five of its foreign websites –…
Governor Baker Names Two Indian Americans to Reopening Advisory Board

Governor Baker Names Two Indian Americans to Reopening Advisory Board

BOSTON – The Baker-Polito Administration has launched a Reopening Advisory Board that will produce a plan to the Governor by…
We saw 2 years of digital transformation in 2 months: Satya Nadella

We saw 2 years of digital transformation in 2 months: Satya Nadella

San Francesco–As COVID-19 impacts every aspect of work and life globally, Microsoft has seen two years’ worth of digital transformation…
Alphabet sees rough patch ahead as COVID-19 hits digital ad spend

Alphabet sees rough patch ahead as COVID-19 hits digital ad spend

San Francisco– After weathering the coronavirus pandemic in the first quarter, Google’s parent company Alphabet is almost certain about really…
Hackers targeting people with fake Zoom HR, payroll video meetings

Hackers targeting people with fake Zoom HR, payroll video meetings

New Delhi– Cybersecurity researchers at UK-based Sophos on Tuesday revealed hackers are now targeting people across the world with sending…
Savings and infrastructure in the post Covid-19 world

Savings and infrastructure in the post Covid-19 world

By Taponeel Mukherjee As we see even more of the global impact of the Covid-19 outbreak on healthcare and economics,…
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