Everything you need to know...

  US President Joe Biden said India should decrease its dependence on Russia. The White House asserted that the US has sought to deepen its partnership with India in every sector, including economics, security, and military cooperation. The Biden administration said that India should decrease its dependence on Russia  and reiterated that the US is committed to working with India on its transition away from Russia, according to the news agency ANI. There are a number of countries that have learned 'the hard way of the fact' that Moscow is not a reliable source of energy or security, the White House said. Addressing a press conference here, State Department Spokesperson Ned Price said, "When it comes to India's relationship with Russia, the US has consistently made the point that it is a relationship, that developed and was cemented over the course of decades, really came to be during the Cold War at a time when the United States was not in a position to be an economic p...

  Now, HDFC Bank is providing interest rates on fixed-term deposits (FDs) maturing in 7 days to 10 years that range from 3% to 6.25% for the general public and from 3.50% to 7.00% for senior citizens. The leading private sector lender HDFC Bank has hiked interest rates on fixed deposits of less than  ₹ 2 Cr. As per the official website of the bank, the new rates are effective as of 8th November 2022. Following the modification, the bank increased interest rates on deposits maturing in 15 months to 10 years by up to 35 bps. Now, HDFC Bank is providing interest rates on fixed-term deposits (FDs) maturing in 7 days to 10 years that range from 3% to 6.25% for the general public and from 3.50% to 7.00% for senior citizens. HDFC Bank FD Rates The bank will continue to give an interest rate of 3.00% on deposits maturing in the next 7 to 29 days, while HDFC Bank will continue to offer an interest rate of 3.50% on deposits maturing within the next 30 to 45 days. Deposits that mature in...

  WORLD Xi Jinping tells Chinese military to boost troop training, war preparedness Chinese leader Xi Jinping on Nov. 8 made his first visit in the new term to the joint operations command center of the Central Military Commission Chinese leader Xi Jinping has called on the Chinese military to “enhance troop training and combat preparedness” in his first visit to the military’s joint operations command headquarters in his third term. “The entire military should devote all its energy to and carry out all its work for combat readiness, enhance its capability to fight and win, and effectively fulfill its missions and tasks in the new era,” said Mr. Xi, who in October began a third five-year term as leader of the Communist party. Mr. Xi, at last month’s Party Congress in Beijing, was also appointed chairman of the Central Military Commission (CMC) for another term. Mr. Xi on Nov. 8 made his first visit in the new term to the joint operations command center of the CMC. He said the wor...

  FACEBOOK Mark Zuckerberg Preps Executives For Job Cuts Starting Today Mark Zuckerberg warned employees in late September that Meta intended to slash expenses and restructure teams A Meta spokesperson didn't immediately respond to a request for comment. Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts on Wednesday, according to people familiar with the matter, part of a plan to reduce costs at the social-media giant following disappointing earnings and a drop in revenue. Employees who are affected will be told starting Wednesday morning, and Chief Executive Officer Mark Zuckerberg spoke to executives on Tuesday to prepare them for the cuts, said the people, who asked not to be identified discussing private information. On the executive call, Zuckerberg said he was accountable for the company's "missteps," according to the Wall Street Journal. A Meta spokesperson didn't immediately respond to a request for comment. Zuckerberg warned emp...