Sunday, 12 Nov, 2023
As Diwali festivities light up the country, corporate India is celebrating with employees including third-party blue-collar workers, sending out gift hampers, sustainable products, electronic gadgets and even silver coins.
Several enterprises including banks, healthcare and telecom companies utilizing user data to sell varied products and services to consumers, fear that India’s new data law will restrict the scope of their operations, legal experts aware of the matter said.
Moody’s on Friday lowered its outlook on the US credit rating to ‘negative’ from ‘stable’ citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden’s administration.
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