San Francisco: Amid intense calls to break it down as the company has grown too big, Facebook on Tuesday announced its own digital wallet subsidiary called "Calibra" for its global cryptocurrency "Libra" which would be powered by Blockchain technology.

Google's India-born CEO Sundar Pichai and Nasdaq president Adena Friedman have been chosen for the prestigious Global Leadership Awards 2019 by business advocacy group USIBC in recognition of the two companies' contribution as the leading technology-driven platforms.

New Delhi: Confirming unemployment rate projected in a pre-election leaked report, the government Friday said joblessness in the country was 6.1 per cent of total labour force during 2017-18, the highest in 45 years.

New York: Ford plans to cut 7,000 jobs, or 10 percent of its global salaried workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday.

New Delhi: Gold prices surged by Rs 425 to Rs 33,215 per 10 gram in the national capital Monday due to increased buying by jewellers amid firm trend overseas, according to the All India Sarafa Association.

Kochi: Forbes published the latest list of global billionaires in which eight Malayalis have found place among 2,153 richest people. Yusuff Ali M A, chairman of LuLu Group International, topped Malayalis with a net worth of $4.70 billion (Rs 32,981 crore), ranking 394, followed by Ravi Pillai with $3.90 billion net worth, ranking 529 in the world.

New Delhi: Industrial output growth dropped to a 17-month low of 0.5 per cent in November on account of contraction in manufacturing sector, particularly consumer and capital goods.

New Delhi: The government has hiked by 25 per cent the rates at which the Bureau of Outreach and Communication releases its advertisements to the print media.