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Festive hiring to jump 20-25% this year; top e-commerce firms to hire over 75,000 staff – check details

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Consumer goods firms, retailers, e-commerce platforms and logistics companies have increased their recruitment targets by 20-25% compared to the previous year for the upcoming festive period, anticipating robust sales recovery, according to a senior executives and recruitment specialists.The majority of these positions will be filled by temporary and gig workers, with a major e-commerce marketplace … Read more

Flipkart to launch $50 million employee stock buyback; over 7,000 staff may benefit – check details here

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NEW DELHI: Walmart-owned Flipkart has announced a $50 million employee stock buyback plan that will benefit approximately 7,000–7,500 employees. The move comes as the ecommerce major prepares for a potential IPO filing next year.The buyback will allow employees to liquidate up to 5% of the stock options vested between July 6, 2022, and July 5, … Read more

ONDC plans subsidy revival for food delivery; Rs 100–150 crore incentive pool proposed – check details

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The Open Network for Digital Commerce (ONDC) is considering reviving its subsidy program with a proposed incentive pool of Rs 100–150 crore for food delivery partners operating on its platform. If implemented, the move would mark a significant policy reversal for the government-backed e-commerce platform, which had previously scaled back such incentives.The new subsidy plan, … Read more

Meta Infotech shares list at Rs 225 on BSE SME; 40% premium over IPO price — check details

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Meta Infotech made a strong debut on the BSE SME platform on Thursday, listing at Rs 225 per share, a sharp 39.75% increase from the initial IPO price of Rs 161.The company’s public offering of Rs 80.18 crore witnessed substantial oversubscription at 166.94 times, with high-net-worth individuals showing exceptional interest, oversubscribing their quota by 309 … Read more

Investing in FDs? Banks now offer interest rates up to 8.10% on 444 day scheme; check list

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Are you planning to invest in fixed deposits, but wondering which bank offers the best interest rate? While many banks have recently lowered their FD rates following the Reserve Bank of India’s repo rate cut, several public, private, and small finance banks are still offering highly competitive returns, especially on special 444-day deposit schemes. Some … Read more

Banks to shut inactive Jan Dhan accounts? Government clarifies; check details

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NEW DELHI: The Department of Financial Services (DFS) under the Ministry of Finance has refuted media reports claiming it instructed banks to shut dormant Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts. In an official statement issued on July 8, the ministry clarified that no such directive has been given and that the reports are “factually incorrect.”“In … Read more

Asian markets rise on Wall Street cues; Bitcoin holds near $112,000 – check details

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Asian stock markets mostly advanced on Thursday, supported by hopes that global leaders will reach agreements to ease the impact of US President Donald Trump’s new wave of tariffs. Despite Trump expanding his list of trade penalties, investors remained optimistic, with gains across key Asian indices and US markets continuing to hit record highs.Bitcoin also … Read more

Donald Trump fires new tariff salvo! Letters to more countries released; Iraq, Philippines & others to face up to 30% duties – check list

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Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier said that he would be issuing tariff letters for seven more countries today. Earlier this week, he had released letters for 14 countries, … Read more