Snap Inc had been planning the layoffs for the past several weeks, a report by the Verge said on Tuesday.

Earlier this month, in its monetary policy meeting, the RBI said that the GDP growth rate is likely to be around 16.2 per cent in the first quarter of this fiscal year.

Price increases remain the biggest concern for 70% of businesses as confidence among companies declined to the lowest levels since March 2021, according to a report released by Lloyds Banking Group Plc.

Musk sent his first termination letter to Twitter in July, accusing it of misleading him over the number of fake accounts. Now, he says the problems go beyond the bogus accounts, and include data security and other concerns raised by the whistleblower, creating a new battle front with Twitter.

The appeal from Kotak Mahindra Bank came days after reports citing official data said the lender reported 5,278 cases of fraud in the first quarter of FY23, as against only 9 for the nation's largest lender SBI.

In an SEC filing Tuesday, Musk said his legal team notified Twitter of “additional bases” for ending the deal on top of the ones given in the original termination notice issued in July.

The move comes after India's biggest private lender HDFC Bank said in a stock exchange disclosure last week that it planned to buy a 9.94% stake in Go Digit Life for up to 700 million rupees ($9 million).

“The island nation will increase value-added tax to 15% from the current 12% starting Sept. 1,” Sri Lankan President Ranil Wickremesinghe said in his interim budget speech Tuesday.

All the 30-Sensex components ended in the green, with Bajaj Finserv rallying 5.47 per cent followed by Bajaj Finance which jumped 4.86 per cent.