Skip to content

Sensex above 61,500 Nifty up 250 pts; IT shines; Eicher lags

  • by

The latest indication that inflation pressures may be receding was the moderation of price increases in the US last month.  Inflation among consumers reached 7.7% in October.  The figures reduced hopes for more ferocious Federal Reserve rate increases.  According to the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index, consumer confidence among urban Indians decreased in November as a result of growing prices and living expenses (PCSI). Three out of the four indices used to calculate the monthly PCSI, which consists of four weighted subindices, showed a decline.The sub-index measuring current personal financial conditions in PCSI fell by 3.3 percentage points, while the sub-index measuring current investment climate fell by 2.9 percentage points.  The PCSI economic expectations sub-index is down 0.8 percentage points while the PCSI employment confidence sub-index increased by 0.2 percentage points. According to the company’s announcement on Friday, Pricol Ltd. reported a combined profit of Rs. 47.52 crore for the quarter ending in September 2022. In the same quarter of… 

Home owner 2 other held Molesting &harasshing inmate

  • by

In connection with the alleged molestation and harassment of a female inmate, Kolkata Police announced on Thursday that they had detained a man who manages a homeless shelter and two of his accomplices. A 23-year-old… 

The Gaming Fraud app sixth accused caught by police

  • by

On Thursday, Kolkata Police asserted that they had detained a second suspect in a case involving a gaming app scam at his home in the Beliaghata main road neighbourhood of Kolkata the day before. “Vikram… 

Twitter executives quit warns of bankruptcy by Elon Musk

  • by

Elon Musk, the company’s new owner and “Complaint Hotline Operator,” suggested on Thursday that Twitter might go bankrupt as more senior executives leave the company. Two weeks after paying $44 billion for the company, Bloomberg News claimed that Musk told Twitter employees on a conference call that he could not rule out bankruptcy. Reuters was informed by a source close to the situation that two executives, Yoel Roth and Robin Wheeler, who moderated a Twitter Spaces discussion with Elon Musk on Wednesday as he attempted to allay advertisers’ fears, had quit.  Requests for response from Roth and Wheeler were not immediately entertained. Lea Kissner, Twitter’s chief security officer, announced her resignation earlier in the day on Thursday.  Damien Kieran, Twitter’s chief privacy officer, and Marianne Fogarty, its chief compliance officer, both submitted their resignations, according to an internal message posted on Thursday to Twitter’s Slack messaging platform and obtained by Reuters. The post Twitter executives quit warns of bankruptcy by Elon Musk appeared first on OUR INDIA.

Indigo Global School – A new era of schooling

  • by

Mumbai, November 10: The school education sector has been relying on franchisees to a great extent, and there have been many players in the market to provide the franchisee. The past few months have fundamentally…