The G 20 education working group began its deliberations at India's Chennai. The meeting was inaugurated by Union Minister of State Dr L. Murugan.

WION Dispatch: 1st G20 Education working group meeting begins in India

India and the United States are keen for an early conclusion of the 30 MQ-9B predator armed drones deal at a cost of over USD 3 billion, which will help New Delhi strengthen its overall surveillance apparatus along the Line of Actual Control (LAC) and the Indian Ocean.

WION Dispatch: India and U.S.to seal drone deal: Report | Latest News | English News |

National security Analyst Nitin A. Gokhale talks more on the India and U.S. drone deal

India's Finance Minister Nirmala Sitharaman presented the union budget on Wednesday and interestingly the new budget focuses on technology. In a speech that lasted around 87 minutes, Sitharaman mentioned data 10 times and technology 4 times.

WION Fineprint: All things tech in India budget 2023, bats for 'digital India'

India's Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 on Wednesday. Here are the major takeaways from the Budget.

Union Budget 2023: Key highlights and takeaways

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. We list out the key takeaways from the economic survey.

Union Budget 2023: Key takeaways

Indian Finance Minister Nirmala Sitharaman has made the new tax regime more attractive. The rebate limit is upped from Rs 5 to Rs 7 lakh. There is easing of rates in the slabs. Watch this report to know more.

India Budget 2023: Tax rebate extended on income up to ₹7 lakh under the new tax regime

Edtech unicorn BYJU'S&nbsp;has begun a fresh round of layoffs, putting almost 900&nbsp;plus employees from various teams and functions in jeopardy, as reported by YourStory. Under the condition of anonymity, three people from the organisation said that the layoffs have mostly affected the marketing, design, logistics, and technology departments in India as well as the product teams in the international business.

Another person who spoke to YourStory said that several senior management employees were also asked to step down as part of the tech layoff bandwagon.&nbsp;

"Folks in the international team were given a heads-up... It's very hush-hush this time. Some of the biggest contributors also have been laid off," said one of these persons.&nbsp;

The majority of the upper management, according to a senior executive at BYJU'S, is already looking for work elsewhere since they "lost faith in the company" as per the YourStory report. Another source independently corroborated the lack of enthusiasm in the company.&nbsp;

"Across most of the company, morale in teams is ridiculously low. Most people have one foot out the door, they're trying to land something else. But as you know, the market is pretty bad," said a former employee who was recently laid off after three years at BYJU'S and who spoke to YourStory.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/business-economy/byjus-founders-planning-to-increase-their-stake-in-company-to-40-report-549433">BYJU's founders planning to increase stake in the company to 40%: Report</a>

The person continued by saying that top directors and HR staff were present on the video call during which they learned of the layoff.

The reasons given for not sending emails covered the typical ground, including cost-benefit analysis and the failure to generate income from a specific unit. According to the source, email addresses have been disabled, and impacted parties have been given 24 hours to wrap up.

Also watch |&nbsp;FedEx layoffs include officers, directors; cuts 10% of management jobs

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The worst was over for the edtech business, Byju&nbsp;Raveendran said in an interview with Moneycontrol mid-last month on the sidelines of The World Economic Forum in Davos, adding that the company will become profitable by the March or June quarter.

<h2>Previous round of layoffs at BYJU'S</h2>

Previously, as part of its cost-cutting&nbsp;measures, BYJU'S terminated about 2,500 employees in October 2022. The founder-CEO&nbsp;Byju Raveendran&nbsp;had said at the time that he would see that laid-off workers were given access to newly established relevant positions and that they would be rehired.

"I have already instructed our HR leaders to make all the newly created relevant roles available to you on an ongoing basis,"&nbsp;Raveendran wrote in an email to employees on October 31.

At TechSparks 2022, YourStory's flagship startup-tech event, Raveendran expressed confidence that the business will at least partially recover its losses in the fiscal years 2021–2022.

"Wait for (FY) 2022 numbers to come out; we just finished our best six months," he'd said.

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Edtech unicorn BYJU'S has begun a fresh round of layoffs, putting almost 900 plus employees from various teams and functions in jeopardy, as reported by YourStory.

Edtech unicorn BYJU'S has begun a fresh round of layoffs, putting almost 900 plus employees from various teams and functions in jeopardy, as reported by YourStory. Under the condition of anonymity, three people from the organisation said that the layoffs have mostly affected the marketing, design, logistics, and technology departments in India as well as the product teams in the international business. Another person who spoke to YourStory said that several senior management employees were also asked to step down as part of the tech layoff bandwagon. "Folks in the international team were given a heads-up... It's very hush-hush this time. Some of the biggest contributors also have been laid off," said one of these persons. The majority of the upper management, according to a senior executive at BYJU'S, is already looking for work elsewhere since they "lost faith in the company" as per the YourStory report. Another source independently corroborated the lack of enthusiasm in the company. "Across most of the company, morale in teams is ridiculously low. Most people have one foot out the door, they're trying to land something else. But as you know, the market is pretty bad," said a former employee who was recently laid off after three years at BYJU'S and who spoke to YourStory. Also read | BYJU's founders planning to increase stake in the company to 40%: Report The person continued by saying that top directors and HR staff were present on the video call during which they learned of the layoff. The reasons given for not sending emails covered the typical ground, including cost-benefit analysis and the failure to generate income from a specific unit. According to the source, email addresses have been disabled, and impacted parties have been given 24 hours to wrap up. Also watch | FedEx layoffs include officers, directors; cuts 10% of management jobs The worst was over for the edtech business, Byju Raveendran said in an interview with Moneycontrol mid-last month on the sidelines of The World Economic Forum in Davos, adding that the company will become profitable by the March or June quarter. Previous round of layoffs at BYJU'S Previously, as part of its cost-cutting measures, BYJU'S terminated about 2,500 employees in October 2022. The founder-CEO Byju Raveendran had said at the time that he would see that laid-off workers were given access to newly established relevant positions and that they would be rehired. "I have already instructed our HR leaders to make all the newly created relevant roles available to you on an ongoing basis," Raveendran wrote in an email to employees on October 31. At TechSparks 2022, YourStory's flagship startup-tech event, Raveendran expressed confidence that the business will at least partially recover its losses in the fiscal years 2021–2022. "Wait for (FY) 2022 numbers to come out; we just finished our best six months," he'd said. WATCH WION LIVE HERE:

BYJU'S cuts more than 900 jobs across teams, senior executives asked to step down too

Jammu and Kashmir DGP Dilbag Singh said that the J&K police have arrested one person in relation to the twin blasts in Jammu’s Narwal which injured nine on January 21.

WION Dispatch | India: Jammu & Kashmir Police recover 'Perfume IED' from LeT terrorist Arif Ahmed

Indian finance minister Nirmala Sitharaman has unveiled a $550 billion budget for 2023-24. It is the last full-fledged budget of the second term of the Modi government before the general election next year. Molly gambhir reports.

Gravitas: India's annual budget to boost its superpower ambitions

India and the U.S. have come together to counter military challenge from China. New Delhi and Washington are fleshing out ways to share technology at the highest level, including building jet engines together. Molly Gambhir tells you.

Gravitas: India, U.S. unite to counter military challenge from China

Industrialist Gautam Adani is not the richest Indian in the world anymore as Reliance Industries Chairman and Managing Director Mukesh Ambani replaced him following the Hindenburg report fiasco. The new rankings were published in the Forbes Real-time Billionaires list.

With this, Gautam Adani who was earlier in the third spot, slipped down to seventh place in the Bloomberg Billionaires Index on Tuesday.

Also Read | <a href="https://www.wionews.com/world/canadas-three-year-pilot-programme-to-decriminalise-possession-of-illicit-drugs-begins-in-bc-557691">Canada’s three-year pilot programme to decriminalise possession of illicit drugs begins in BC</a>

US-based short-seller Hindenburg Research severely criticised Indian conglomerate Adani in a 24 January report ahead of its flagship company's $2.5 billion share sale, triggering a $70 billion rout in the group's domestically listed stocks and a sell-off in its bonds listed overseas.

Hindenburg disclosed that it holds short positions in Adani companies through US-traded bonds and non-Indian-traded derivative instruments.

Also Read | <a href="https://www.wionews.com/science/green-comet-2023-check-date-time-and-location-know-when-and-how-to-view-the-rare-shooting-star-557606">Green Comet 2023: Check date, time and location; know when and how to view the rare shooting star</a>

It released a report alongside that accused the conglomerate of improper use of tax havens and flagged concerns about its debt levels. The Adani group has called the report baseless and termed the allegations "unsubstantiated speculations".

Watch | <a href="https://www.wionews.com/videos/china-beijing-says-city-has-achieved-temporary-herd-immunity-557708">China: Beijing says city has achieved 'temporary herd immunity'</a>

India's capital markets regulator, the Securities and Exchange Board of India, has investigated some of these issues over the past year following local media reports.

Reuters reported the regulator will continue this scrutiny and draw on any fresh information in the Hindenburg report.

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Industrialist Gautam Adani is not the richest Indian in the world anymore as Reliance Industries Chairman and Managing Director Mukesh Ambani replaced him following the Hindenburg report fiasco.

Industrialist Gautam Adani is not the richest Indian in the world anymore as Reliance Industries Chairman and Managing Director Mukesh Ambani replaced him following the Hindenburg report fiasco. The new rankings were published in the Forbes Real-time Billionaires list. With this, Gautam Adani who was earlier in the third spot, slipped down to seventh place in the Bloomberg Billionaires Index on Tuesday. Also Read | Canada’s three-year pilot programme to decriminalise possession of illicit drugs begins in BC US-based short-seller Hindenburg Research severely criticised Indian conglomerate Adani in a 24 January report ahead of its flagship company's $2.5 billion share sale, triggering a $70 billion rout in the group's domestically listed stocks and a sell-off in its bonds listed overseas. Hindenburg disclosed that it holds short positions in Adani companies through US-traded bonds and non-Indian-traded derivative instruments. Also Read | Green Comet 2023: Check date, time and location; know when and how to view the rare shooting star It released a report alongside that accused the conglomerate of improper use of tax havens and flagged concerns about its debt levels. The Adani group has called the report baseless and termed the allegations "unsubstantiated speculations". Watch | China: Beijing says city has achieved 'temporary herd immunity' India's capital markets regulator, the Securities and Exchange Board of India, has investigated some of these issues over the past year following local media reports. Reuters reported the regulator will continue this scrutiny and draw on any fresh information in the Hindenburg report. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

After Hindenburg report, Mukesh Ambani replaces Gautam Adani as richest Indian

As the stock and bond prices of Gautam Adani's conglomerate plunge to new lows, concern about the Indian billionaire's access to finance grows in the wake of fraud claims made by short seller Hindenburg Research.

India: Adani Group's turmoil deepens

The upcoming Mumbai - Delhi expressway which will be inaugurated on Feb 12 and be operational by Feb end. WION’s Disha Shah tells you more.

Delhi-Mumbai expressway to be inaugurated on Feb 12

US President Joe Biden's National Security Advisor Jake Sullivan and his Indian counterpart Ajit Doval met with some senior officials in Washington DC to launch India-US initiative on critical and emerging technologies.

WION Fineprint: Doval, Sullivan meet in Washington; US, India collaborate on major interests

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with Mukesh Butani as they talk more about the Union Budget 2023-24.

Exclusive | Union Budget 2023: Mukesh Butani, Managing Partner at BMR Legal speaks to WION

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with PN Vijay and Mukesh Butani as they talk more about the Union Budget 2023-24.

Exclusive: Investment Banker PN Vijay and Mukesh Butani, Managing Partner at BMR speak to WION

Union Budget 2023 | Key takeaways from the Economic Survey

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with Jim Rogers as they talk more about the Union Budget 2023-24.

Exclusive | Union Budget 2023: Financial Commentator Jim Rogers speaks to WION

WION's Neha Khanna and Jasper Reid decodes foreign investors expectations from India's upcoming budget 2023.

What do foreign investors expect from India's Budget 2023?

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with Anshuman Magazine as they talk more about the Union Budget 2023-24.

Anshuman Magazine, Chairman & CEO -India, South East Asia, Middle East & Africa, CBRE speaks to WION

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with Dr. Jessica Seddon as they talk more about the Union Budget 2023-24.

Union Budget 2023: Dr. Jessica Seddon, Senior Fellow, Air Quality, at WRI speaks to WION

Exclusive | Union Budget 2023: Dr. Jessica Seddon, Senior Fellow, Air Quality, at WRI speaks to WION

India is gearing up for the Union Budget. Indian Finance Minister Nirmala Sitharaman has tabled the annual economic survey which is a report card for the centre to review how the economy has fared in the past year. Watch anchor Vikram Chandra in a conversation with PN Vijay as they talk more about the Union Budget 2023-24.

Exclusive | Union Budget 2023: Investment Banker PN Vijay speaks to WION

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