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Along with Corona, the Ukraine and Russia war has plunged the countries of the world into crisis. In addition to the growing economic recession, due to the war and extreme weather conditions in many countries, even giant companies have started trying to get out of this situation. All the news of the dismissal of employees that we see in the media all the time is a part of it. The country's Reserve Bank has stepped into the field to withstand the economic recession that is affecting America due to Covid. It has increased the 'Federal Fund Rate (interest rate) on the loans it gives to banks. Naturally, all the banks put that burden on the customers. They have increased the interest rates on the loans they have given and given to individuals and companies. To cope with this burden, product-oriented companies such as Meta (Facebook's parent company), Seagate, and Microsoft have focused on cutting costs. To that end, one of the main ways that they can think of is the dismissal o

The acquisition of Twitter is making it difficult for Elon Musk the richest man in the world. This huge takeover of 4,400 crores has become a treasure of his personal wealth. As soon as Twitter came into Musk's hands, his net worth (net worth) melted by around $10 billion. Bloomberg Billionaires Index states this. In fact, at one stage, Musk thought to say goodbye to the Twitter deal. They looked to say goodbye to the deal in the name of bogus accounts. Musk had to buy Twitter as a matter of necessity as Twitter dragged this matter to the court and made a fuss. Problems from the beginning since the announcement Elon Musk announced in April this year that he is going to buy Twitter for 4.4 billion dollars at a price of 54.2 dollars per share. Wall Street was suddenly shocked that this is the price for Twitter whose income is falling. There have been reports that Tesla will sell some of its equity shares to raise the necessary funds for the acquisition of Twitter. Tesla's share

Sooner or later, Analysts predict a global recession is inevitable for world nations in 2023 but no one has dared to estimate how severe it will be and how long it will take. The International Monetary Fund (IMF) also came to the same view. It warned that a major economic recession is looming for the world. Due to this recession, the gross domestic product (GDP) of the countries of the world will be reduced to the extent of 4 lakh crore dollars by 2026. IMF also believed that the GDP of countries that account for a third of the world's GDP will fall to negative levels for two consecutive quarters this year or next. The IMF also reduced the global GDP growth rate to 3.2 percent this year. She said that it may decrease further to 2.9 percent next year. This is the fourth time in a row that the IMF has cut its global GDP forecast this year. OPEC countries announced on Wednesday that they are reducing daily oil production by 20 lakh barrels from November. It is remarkable that the next

  A credit score is a three-digit number, typically between 300 and 850, designed to represent your credit risk, or the likelihood you will pay your bills on time. Having a better credit score has become especially important for Millennials and Generation Z. They are the most frequent checkers of their personal credit scores, a OneScore study report revealed. As of 2019, people aged 23-38 are known as Millennials. Those younger than that come under Gen Z. Credit score monitoring app OneScore analyzed the data of 90 lakh users across the country for this study. Over 46 percent of Millennials and Gen Z users improved their credit scores in the 2021-22 fiscal year. Compared to the previous financial year, checking credit scores among new customers increased by 163 percent in 2021-22. The average credit score of Millennials and Gen Z users in the fiscal year ending March 2022 was 715. Not much has changed compared to the score of 714 recorded in the previous financial year (2020-21). The s

  After Corona, employees working in tech companies have become very conflicted. The work from home (WFH) method is introduced by all the IT companies and they are still continuing even after two years. It seems that the nation is coming out from coronavirus fangs and IT Companies have introduced a Hybrid policy inviting employees to work from office locations twice a week. While doing WFH, some of the employees used to earn additional income by working for other companies. Lately, there has been a heated debate on the moonlighting system. The reason is that the food delivery platform Swiggy has made this moonlighting approach available to its employees working in India. In this moonlighting system, an employee working in an organization can also take up a job or a part-time job elsewhere after working hours for additional income. Even if they do, basically the company that hired them will not raise any objection. Many employees in America choose this method of moonlighting for extra i

Russian troops are gradually withdrawing from occupied territories in Ukraine one by one. The attempt to declare the Donbass (Donetsk and Luhansk regions) region independent and turn them into other countries has completely failed. There is a situation of losing Crimea, which has been under the control of Russia since 2014. Although the Crimean Peninsula is under the control of Russia has lack dominance over the Black Sea and the Sea of Azov. It has made efforts to build a road from Crimea to Belgord in its territory. Russia's main goal is to deprive Ukraine of ports and sea lanes. Unexpected recovery of Ukraine Russia, which started the war with the intention of invading Ukraine within weeks, could not gain the upper hand even after months passed. At one stage, there were reports that Putin would make a key announcement on May 9, Russia's Victory Day. But, no announcement was made in that direction. As the Russian troops got tired of this, they pulled back the 65 km huge con

Will the most valuable 'Kohinoor' diamond, which is believed to have been found in the 14th century during the Kakatiya period, still reach India from the British Royal Palace? It is known that Elizabeth II passed away on Thursday. The death of Britain's longest-reigning monarch Queen Elizabeth II has rekindled social media chatter demanding the return of the Kohinoor Diamond to India. The 105.6 carat Kohinoor diamond crown that she wore until now will now go to her daughter-in-law, Camilla. Camilla will wear a crown studded with 2,800 diamonds for Charles' coronation. In 1849, Maharaja Duleep Singh of Lahore took this diamond and handed it over to the British as part of the Treaty of Lahore. Since then, this diamond has become part of the British crown jewels. However, it is advertised that only women should wear it or it can be inlaid in the jewels of God. It is noteworthy that there is also a campaign that if men wear it, bloodshed is inevitable. Since 1947, the Indi

In western countries, laws regarding the care of children are strictly enforced. Some Indians get into trouble due to a lack of proper understanding of these laws and their implementation. Between 2008 and 2015, the government of Norway (Norway) moved 20 newborn babies belonging to Indian couples to orphanages. Besides 13 more children of Indian origin are staying away from their parents in government care centers. The government moved children to childcare centers without parental consent. According to the laws there, if there is a possibility of harm to the children due to the parents, then the government will take responsibility for the children. On December 13 last year, Norwegian Child Welfare Service officials moved an Indian-origin child named Aryan (5) to a care center. Aryan's father is from Norway and his mother is an Indian citizen. After receiving a complaint from Aryan's parents that he had touched the child, the authorities immediately intervened. First, he spoke

Narendra Modi's Government had all efforts to divert the people from using cash for their transactions. NDA government did a huge campaign on digital payments for 8 years and it was successful to some extent. Many people go out without cash in hand these days. Because whatever you buy, you can just scan it and pay through UPI. This UPI is not only a facility but also free. But soon this situation is going to change. Fees may also be levied on UPI transactions. The Reserve Bank has recently released a discussion paper on 'Charges on Payment Methods. People are asked to give their opinions and suggestions on this document by October 3. Are low charges a viable alternative to zero charges? If charges are charged for UPI transactions should they be as a percentage of the transaction? Or should it be a fixed amount? Or should the regulator control the charges? Or should we leave it to the market to decide? RBI has asked for opinions and suggestions on these issues. All charges relat

Due to the covid epidemic and the war with Ukraine, the population of Russia has been decreasing significantly for some time. Concerned with this, President Vladimir Putin took a key decision for the development of the population. It has been decided to give 10 lakh Russian rubles (roughly Rs. 13 lakhs in Indian currency) as offered to women who bear more than ten children. To this extent, the scheme called 'Mother Heroine' was announced. Women who give birth to 10 or more children are paid this amount at once. The mothers will 'qualify' for the 'award' even if any of their children die in battle, as the result of a terrorist act, or in an emergency situation. But there is a twist to it. This amount will be paid on the first birthday of the tenth child. It was also stipulated that the remaining nine children should be alive by then. Mother Heroine scheme came into the picture as a measure to replenish the decreasing population in the country. The nation has suff

  Looking at the history of the last 75 years, the rupee's exchange rate against major currencies has been depreciating. The rupee's exchange rate, which was Rs.4 to a dollar in 1947, is close to Rs.80 today. The rupee exchange rate is depreciating every year. In 1947, four rupees were equal to one US dollar. Now we have to spend about Rs.80 to buy a dollar. This means that in the last 75 years, the value of our rupee has fallen 20 times against the dollar. The main reason for the depreciation of the rupee against the dollar is the trade deficit. By the time of independence, our exports were equal to our imports. After that, exports did not increase as much as imports did. As a result, the trade deficit increased. The main reason for this is the burden of oil imports. The first compression starts during the 60s During the '60s our economy faced many ups and downs. Along with wars with China and Pakistan, droughts also damaged the economy. As a result, the fiscal deficit an