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Hiring activity improves by 1% in September: Monster survey
Data from index indicated that in the last six months, hiring demand rose by 8%, even with the impact of the second wave of the pandemic
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Bank NPAs expected to rise to 8-9% in the current fiscal: Report
Stressed assets in these two segments are seen increasing to 4-5% and 17-18%, respectively, by the end of this fiscal
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Gold demand may remain subdued in India due to Covid curbs: World Gold Council
Demand expected to grow in 2022 as Covid-related restrictions are eased and pent-up demand is met
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Ad hoc bonus sanctioned for central government staff
The average emoluments in a year will be divided by the average number of days in a month to calculate ad hoc bonus for one day
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Axis Bank offers waivers on select home loan products
Customers will be offered up to 20% discount on purchases from select 2,500 local merchants across 50 cities
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Moody’s upgrades banking system outlook
The rating agency with strong links to the government, assumes that it will provide a very high level of support for rated public sector banks
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Apple launches MacBook Pro, AirPods with spatial audio; check details
The company based out of Cupertino is also launching its new smart speaker HomePod mini, starting at Rs 9,900 from November in India
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A Balasubramanian elected as chairman of AMFI
Balasubramanian would hold the office till the conclusion of the next AGM, Radhika Gupta will be the new vice-chairperson
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Mix and match vaccine highly effective against Covid-19: Lancet report
They said that the risk reduction was 50 for people having received two doses of the AstraZeneca vaccine which is known as Covishield in India
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Exports increase by 40.5% to $15.13 billion between Oct 1-14
Exports increased by 57.53% to $197.89 billion in April-September period this fiscal as compared to $125.62 billion in the same time period last year.
