News Broadcasting
CNBC-TV18 unites with Twitter India for Union Budget 2016
MUMBAI: CNBC-TV18 has joined hands with Twitter India to breakdown one of the most awaited policy events of the year – the Union Budget 2016. To be announced today dated 29 February by the finance minister Arun Jaitley, the duo has combined to give depth to the many discussions that Indian twitterati will initiate regarding the real effects of budget on every Indian.
With young India following every move and every initiative of the Modi government, this year’s budget will establish the fact whether India made the right decision two years back.
CNBC-TV18 VP marketing Priyanka Tiku says, “We at CNBC-TV18 are always setting higher and higher benchmarks for the rest of the news broadcast category. Our partnership with Twitter India is testimony to our daily endeavour to facilitate intelligent financial conversation. As we are the most watched channel on Budget every year, it is only right that we front the debate on Twitter as well.”
The Budget can expect not only the best markets and business faces of India on the channel, but also broadcast the views and global expectations from international business experts from the various CNBC headquarters across the globe.
“From real-time updates to live broadcasts, Twitter continues to be the platform where you break news first. News channels have been using Twitter tools to engage with their audiences, using rich media content such as images, live videos and more to innovatively connect with their wide spectrum of audiences on the platform. Through our partnership with CNBC-TV18, Twitter becomes your live connection to the annual Union Budget this year, with this complex policy event broken down for live consumption. All of India will get to understand what the Budget really means for them with live, real-time and decoded analysis #OnlyOnTwitter. With the best of news content and conversations live on our platform, we aim to drive many more innovative engagements and create unique experiences for our users,” adds Twitter India head TV partnerships Viral Jani.
From exclusive periscope discussions with CNBC-TV18 anchors right after the speech to live simplified updates during the Union Budget, the channel will cover it all in partnership with Twitter. Viewers will not have to sift through tedious lists of budget highlights to pick out the announcements that make sense to one’s life. One can simply tweet #AskCNBCTV18 and team CNBC-TV18 will cull out the policy announcements that answer specific questions.
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
