India's unemployment rate increases to 1-year high of 8.3% in August

India’s unemployment rate increases to 1-year high of 8.3% in August

As per the Centre for Monitoring Indian Economy data, the unemployment rate of India has been surged to a one-year high of 8.3% in August 2022, as employment sequentially fell by 2 million to 394.6 million. In August, the urban unemployment rate has been increased to 9.6% and rural unemployment rate also increased to 7.7%. In July 2022, the unemployment rate was at 6.8% and the employment was

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Indian-origin Laxman Narasimhan appointed as CEO of Starbucks

Indian origin Laxman Narasimhan appointed as CEO of Starbucks

Starbucks has appointed Laxman Narasimhan as the next chief executive officer and a member of the Starbucks Board of Directors. He will work closely with the interim CEO, Howard Schultz, before taking charge as CEO role. Howard Schultz will continue as interim CEO until April 1, 2023. Prior to this, he served as global chief commercial officer at PepsiCo; worked as a senior partner at the

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NZ cricketer, Colin de Grandhomme retires from international cricket

NZ cricketer, Colin de Grandhomme retires from international cricket

New Zealand all-rounder, Colin de Grandhomme has announced his retirement from international cricket. He has played 29 Test matches scoring 1432 runs at 38.70, including centuries against the West Indies and South Africa. His best score was 120 not out. He has also registered 49 wickets in the format at an average of 32.95, including six for 41 on debut against Pakistan.

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