Snap to Slow Down Hiring for the Year Following Plunge in Economy, Slashes Quarterly Forecast

Snap said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off. Since late April, “the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report revenue and adjusted EBITDA […]

Government rejigs inter-state council, PM Modi to be at the helm of affairs

The Union home ministry also said the composition of the standing committee of the inter-state council will include Amit Shah as its chairman NEW DELHI: In order to promote and support cooperative federalism in the country, the central government has reconstituted the inter-state council, with Prime Minister Narendra Modi as the chairman and chief ministers of […]

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