To get a roundup of TechCrunchs biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Thursday, April 7, 2022! We want to… [+4786 chars]
SoftBank-backed Edtech start-up Unacademy has reportedly laid off around 600 employees.This accounts for 10% of its workforce.This move is a possible action taken to cut costs ahead of a potential fu… [+3267 chars]
The National Payments Corporation of India, the governing body that oversees UPI in the country, said in a statement that it is not aware of any cryptocurrency exchange using UPI payments instrument,… [+2523 chars]
The Reserve Bank of India on Friday mandated interoperable card-less withdrawal using the UPI platform across banks ATM network, to increase customer convenience and plug instances of fraud. The regu… [+804 chars]
The Reserve Bank of India (RBI) on April 7 released guidelines for banks to set up digital banking units (DBUs). This follows an announcement made in the Union Budget 2022-23 for setting up of 75 DBU… [+3222 chars]
The auto industry is gradually recovering from the impact of COVID-19 and the shortage of semiconductors. Despite these obstacles, a few car models have witnessed strong growth in sales in the countr… [+3745 chars]
Indian carmaker Mahindra & Mahindra said on Thursday that a deal to sell its bankrupt unit, SsangYong Motor Co, to South Korean electric carmaker Edison Motors Co had been terminated. The receive… [+1122 chars]
HDFC and HDFC Bank fell sharply for the third straight day after the announcement of merger deals. HDFC twins have succumbed to a bout of profit booking, HDFC fell 1.82 per cent to Rs 2490.25. HDFC B… [+4355 chars]
India weighs joining IEA emergency oil release plan to calm prices
DCB Bank share price added more than 6 percent intraday on April 7 after the bank received the RBI approval for reappointment of its managing director and chief executive officer. "DCB Bank has rece… [+1012 chars]
Update: Gold continued with its struggle to gain any meaningful traction and witnessed subdued/range-bound price action for the second successive day on Thursday. The XAU/USD remained confined in a n… [+3296 chars]
KARACHI: The US dollar crushed the local currency once again on Thursday as it was traded as high as Rs190 in the interbank market but finally closed with an appreciation of Rs2.05. Currency dealers… [+3332 chars]
