Saturday, December 06, 2025 | 10:13 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch
Home / India News / LIVE Updates: CPI-based inflation eases to 6.77% in Oct vs 7.41% in Sept
Live Blog

LIVE Updates: CPI-based inflation eases to 6.77% in Oct vs 7.41% in Sept

Catch all the latest updates from across the world here

Image BS Web Team New Delhi
consumer segment

Elon Musk now lays off 4,400 contractual workers at Twitter: Report

After firing about 50 per cent of Twitter workforce, or about 3,800 employees, Elon Musk has reportedly laid off at least 4,400 contractual workers at the company.

According to reports from Platformer and Axios, the micro-blogging platform is now laying off employees those are on contract.

"Contractors aren't being notified at all, they're just losing access to Slack and email. Managers figured it out when their workers just disappeared from the system," tweeted Platformer's Casey Newton.

"They heard nothing from their leaders," he posted.

PM Modi to embark for Bali today for G20 summit slated for Nov 15,16

Prime Minister Narendra Modi is set to leave for Bali on Monday to attend the G20 Summit in Indonesia, which will host leaders of 20 countries -- representing around 85 per cent of the global GDP, and about two-thirds of the world's population -- for talks on key issues of global concern under the Summit theme of "Recover Together, Recover Stronger".

The Prime Minister will hold bilateral interactions with world leaders at the G20 summit in Indonesia and brief them on India's evolving G20 priorities. This G20 Summit is particularly special because India will hold the presidency of the G20 Summit from 1st December 2022 for a one-year period, and the presidency handover will take place during the Summit in Bali.

"India's G20 presidency is coming at a time of crisis and chaos in the world. The world is going through the after-effects of a disruptive once-in-a-century pandemic, conflicts and a lot of economic uncertainty. The symbol of the lotus in the G20 logo is a representation of hope in these times," PM Modi said at the launch of India's G20 logo last week.

COP27: India thwarts attempt to club it with historical polluters

Supported by other developing countries, India blocked an attempt by rich nations to focus on all top 20 emitters of carbon dioxide during discussions on the 'Mitigation Work Programme' at the ongoing UN climate summit in Egypt, sources said on Monday.

During the first week of the climate talks, developed countries desired that all top 20 emitters, including India and China, discuss intense emission cuts and not just the rich nations which are historically responsible for climate change, they said.

There are developing countries in the top 20 emitters, including India, that are not responsible for warming that has already occurred.

10:13 PM

PM Modi arrives in Indonesia for G20 summit, receives traditional welcome

9:57 PM

Amazon is said to plan to lay off thousands of employees

The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail division and human resources, NYT reported. 
 
9:56 PM

UN chief urges G20 nations to work together on climate

UN Secretary General Antonio Guterres on Monday heaped pressure on G20 nations to work together to slow global warming, saying their action, or inaction, would dictate the fate of the planet.
5:32 PM

"I look forward to bringing China-US relations back on track..." Xi to Biden at G20 Summit in Bali

5:06 PM

LTI-Mindtree merger comes into effect, becomes 5th largest IT company by m-cap

IT companies L&T Infotech (LTI) and Mindtree on Monday announced their merger came into effect today following regulatory and shareholder approvals. The combined entity LTIMindtree is now the fifth-largest IT services company in India in terms of current market capitalization.
 
As part of the merger, all shareholders of Mindtree will be issued shares of LTI in the ratio of 73 shares of LTI for every 100 shares of Mindtree. The parent company, L&T, will hold 68.73% of the merged entity. The record date to determine the eligible shareholders of Mindtree for the issue of equity shares of LTI is fixed as November 24.
4:49 PM

DCW chief issues notice to Delhi Police over murder of a girl in Mehrauli area

4:29 PM

Rajasthan govt approves Rs 2.60-crore scheme to protect camel

The Rajasthan government has approved an outlay of Rs 2.60 crore for the Camel Conservation Scheme which is aimed at protecting camels. Chief Minister Ashok Gehlot has approved a proposal for the scheme, an official statement said on Monday.
4:11 PM

Indian Coast Guard chief undertakes maiden sortie in indigenous Light Utility Helicopter in Bengaluru

4:03 PM

UN rights council to hold urgent session on Iran

The UN Human Rights Council announced on Monday it would hold an urgent session this month on Iran, where a brutal crackdown on mass protests has left hundreds dead. The United Nations' highest rights body said a special session on "the deteriorating human rights situation" in Iran would be held on November 24.
4:01 PM

India, Finland agree to enhance partnership in partnership in future ICT, future mobile tech, digi education

3:37 PM

World Diabetes Day: WHO calls for increased access to diabetes education

On World Diabetes Day, WHO is calling for increased access to quality diabetes education for health and care workers, the public and people living with diabetes as part of efforts to achieve access for all to quality, affordable diabetes care.


3:33 PM

The world is watching us, says COP27 president, eyeing climate deal

Egypt's COP27 President Sameh Shoukry told the climate summit on Monday that he wanted a comprehensive climate deal with "meaningful outcomes" agreed by Friday and reminded delegates that the world was watching the talks.
3:02 PM

Swift, transparent decision-making needed for combat readiness: Rajnath

Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.

In his address at the Controllers' Conference 2022 organised by the Defence Accounts Department (DAD), Singh further said that a delay in making a decision leads to loss of both time and money, and affects combat readiness.

Resources around the world are limited, the defence minister said, and emphasised on exercising "financial prudence" in using them.

2:51 PM

File affidavit by Dec 12: SC tells Centre on Places of Worship Act pleas

The Supreme Court on Monday granted time till December 12 to the Centre to file a comprehensive affidavit to petitions challenging the validity of certain provisions of a 1991 law, which prohibit filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947, the Press Trust of India reported.

A bench comprising Chief Justice D Y Chandrachud and Justice J B Pardiwala took note of the submissions of Solicitor General Tushar Mehta, appearing for the Centre, that the reply could not be filed and the matter can be taken up later.

I need to consult with the Government for filing a detailed counter. If some time can be given, the law officer said.

2:39 PM

Twitter spending $13 million every year on meals at San Francisco HQ: Musk

Twitter spends $13 million yearly on food service at its San Francisco headquarters, Elon Musk tweeted on Monday. Replying to former vice president of Work Transformation Tracy Hawkins' claim that the company earlier spent $20-25 per day per person and the attendance was between 20-50 per cent, Musk said that the average occupancy was below 10 per cent. The peak occupancy at the San Francisco headquarters was 25 per cent. 

 

The issue came forth after a report by New York Times (NYT) said that Musk was planning to remove free meals on Twitter. Citing the report, a person wrote on Twitter, "He's failure incarnate", to which another user said that maybe employees "should learn to cook".

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 14 2022 | 9:32 AM IST