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News and analysis from the world of business and finance.

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In a surprise move, in the first bi-monthly monetary policy of FY24, #RBI kept the policy #repo rate under the liquidity adjustment facility unchanged at 6.50%.

Read here: https://www.livemint.com/news/india/rbi-minutes-shaktikanta-das-says-pause-in-repo-rate-tactical-not-pivot-as-fight-against-inflation-far-from-over-11681995704890.html
In a memo sent to staff, co-founder and CEO #JonahPeretti said in addition to the news division, layoffs would take place in its #business, #content, #tech and administrative teams. #BuzzFeed is also considering making job cuts in international markets

Read here: https://www.livemint.com/companies/news/buzzfeed-to-close-news-division-cut-15-of-all-staff-11682010416996.html
The #SupremeCourt had previously refused to entertain a public interest litigation challenging the provisions of the #SpecialMarriageAct requiring publication of couples' details 30 days before the intended marriage in the public domain.



Read here: https://www.livemint.com/news/india/supreme-court-30-day-notice-before-special-marriage-invasion-of-privacy-same-sex-marriage-cji-chandrachud-11682048160205.html
#China's property industry was flung into crisis in the middle of 2021 as companies such as #Evergrande struggled to meet stringent government limits on debt levels while also continuing to build homes and pay creditors, both those in China and overseas.

https://www.livemint.com/industry/infrastructure/as-china-fixes-its-property-mess-can-foreign-capitalists-benefit-11682064070545.html
British Deputy Prime Minister #DominicRaab resigned from the government on Friday following an independent investigation into complaints that he bullied colleagues, the latest scandal to force out one of Prime Minister #RishiSunak's top ministers.



Read here: https://www.livemint.com/news/uk-deputy-pm-dominic-raab-resigns-probe-bullying-allegations-dangerous-precedent-11682067682231.html
The pay package awarded to #Alphabet CEO #SundarPichai soared to $226 million in 2022, boosted by a triennial stock award valued at $218 million, dwarfing the compensation of many Silicon Valley peers.

Read here: https://www.livemint.com/companies/people/sundar-pichai-alphabet-ceo-salary-in-2022-soars-to-226-million-on-massive-stock-award-11682124004624.html
#Deloitte intends to reduce its workforce in the US by approximately 1,200 jobs, which amounts to around 1.4% of its total employees in the country. #Layoffs2023

Read here: https://www.livemint.com/news/world/deloitte-responds-to-consulting-business-slowdown-with-1-200-job-cuts-in-us-11682124212925.html
The Indian Space Research Organisation (#ISRO) launched two Singapore satellites on board a polar satellite launch vehicle (#PSLV) from Satish Dhawan Space Centre, Sriharikota.

Read here: https://www.livemint.com/news/india/pslvc55teleos2-lifts-off-all-you-need-to-know-11682153359022.html