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The union representing U.S. dockworkers has signaled that 45,000 members will walk off the job at midnight, kicking off a massive strike likely to shut down ports across the East and Gulf coasts

The COVID-19 pandemic and the resetting of the economy that followed it made hourly workers more aware of their value

An investigation focused on three of the world’s largest shrimp producers claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people on the bottom end of the suppl...

Blue Dart Express on Monday said it will increase the prices of its shipments between 9-12 per cent from January 1, 2025. The pricing adjustments for 2025, which include inflationary adjustments and cost rationalisation, are designed to partly cover spiraling long-term costs, such as rising input costs to operations, including airline operating costs and infrastructure costs, among others, the company said. Blue Dart will implement the General Price Increase (GPI) from January 1. The average price increase will be in the range of 9 to 12 per cent, depending on product variabilities and the shipping profile, Blue Dart said in a statement.

In a stock exchange notice today (30 September), the board said a contract with the new manager is yet to be agreed, with the key terms set to be announced «in due course». However, the directors said they were satisfied that the new investment management arrangement will deliver significant cost savings while maintaining the «existing high levels of service provision». The review into the management arrangements, which began in May this year, aimed to align the current terms more closely with the interests of shareholders and deliver «enhanced value».  Triple Point assesses invest...

Subscribe to enjoy similar stories. To spot a potential comeback story in the luxury goods industry, look for the brand with the smallest handbags. Luxury companies have a lot riding on the “super mini" purses and $1,200 wallets on a chain they launched in recent collections.

Apple's website, the announcement teased, "Our festive offer lights up on October 3. Save the date." While specific discounts have not yet been disclosed, the company has highlighted several attractive offers and benefits:Although the exact discounts across categories remain unconfirmed, Apple is likely to roll out deals on its popular products, including the iPhone, MacBook, and Apple Watch, during the sale period.Meanwhile, Amazon's Great Indian Festival Sale 2024 is now live, and one of the standout deals is on the iPhone 13, available for around ₹40,000.

Rep. Jeff Van Drew, R-N.J., says possible port strikes across America could really 'exacerbate' supply chain problems on 'The Evening Edit.' 

Motilal Oswal named HCL Technologies, LTIMindtree, Persistent Systems and Coforge as its top picks in the sector. “Among Tier-I players, we prefer HCLT and LTIM for their strong capabilities in data engineering, ER&D offerings (HCLT) and ERP modernization, making them well-suited for pre-GenAI spending. For Tier-II players, our top picks are PSYS and COFORGE, both poised for strong performance,” said the domestic brokerage firm in its report.

S P Oswal, chairperson of the Vardhman Group and a Padma Bhushan awardee, fell victim to a cyber fraud scheme that cost him ₹7 crore. The Ludhiana Police reported that two suspects from Assam and Bengal were arrested after the incident, and ₹5.2 crore was recovered from them. This case marks one of the largest seizures in India's cybercrime history.

The cost of trading Futures & Options (F&O) involves brokerage fees which account for 51% of the transaction costs, then exchanges take 20% and the government collects the remaining 29% as taxes, a Capitalmind Financial Services note said, informing that approximately 1 crore individual traders have contributed around Rs 50,000 crores in transaction costs over the past three years.

Subscribe to enjoy similar stories. If Ukraine and its Western backers are to win, they must first have the courage to admit that they are losing. In the past two years Russia and Ukraine have fought a costly war of attrition.

Subscribe to enjoy similar stories. Americans’ reliance on government support is soaring, driven by programs such as Social Security, Medicare and Medicaid. That support is especially critical in economically stressed communities throughout the U.S., many of which lean Republican and are concentrated in swing states crucial in deciding the presidential election.

Subscribe to enjoy similar stories. As India's annual festive season unfolds, consumers in smaller towns and cities are cautiously opening their wallets. A good chunk of Indians plans to spend more this year, despite high prices tempering some of the enthusiasm.

Made in India' products during the forthcoming festive season that will last nearly two months and includes Navratra, Dussehra, Diwali, Chhat and other occasions where cheap articles made in China have been flooding the market in the last few years. In his monthly 'Mann ki Baat' address, the PM said, «Friends, in this festive season you can once again reiterate your old resolves. Anything you buy, should necessarily be 'Made in India'… Anything you gift, that too should be 'Made In India'. Merely buying earthen lamps is not 'Vocal for Local'. You should promote local products made in your area more and more. Any such product, that has been made with the sweat of an Indian artisan, that is made on Indian soil, is our pride — we always have to lend glory to this pride.» His remarks come against the backdrop of China-made idols of gods, decorative lights and other products which come at a low cost but eat into the market of indigenous products. Modi also referred to the completion of a decade of the 'Make in India' initiative where all segments, from big industries to small shopkeepers have made a contribution to its success.

Government bond yields are likely to soften further by the end of the fiscal, leading to an annualised savings of Rs 1,000-2,000 crore for the exchequer. Higher demand, especially from foreign portfolio investors, would help yields remain tamed, economists said, pointing to North Block’s second-half borrowing calendar published last week. The Centre’s gross borrowings for the second half of the fiscal have been fixed at Rs 6.61 lakh crore with the borrowing target for the entire fiscal being maintained at Rs 14.01 lakh crore, the central bank said last week. About 77% of the bond issuances will be for 10 years or higher tenure. «Given the favourable global and domestic backdrop, we expect a further downward bias in domestic yields, leading to a steepening bias in the yield curve,» Bank of Baroda economist Aditi Gupta said.

the fighting. Both sides pummel the enemy with cheap kamikaze models and use long-range craft to strike targets far from the front lines. In the Black Sea Ukrainian naval drones have helped to inflict serious damage on Russia’s fleet.

Kamala Harris and former President Donald Trump may disagree on numerous issues, but they’ve both recognized the value of apprenticeships and trade schools as viable alternatives to traditional four-year college degrees. Both political figures are advocating for policies that encourage young Americans to pursue these routes to well-paying jobs, as mentioned in a report by USA Today. Recently, Kamala Harris announced her intent to reduce college degree requirements for federal jobs and urged private-sector employers to do the same if elected. Speaking in the working-class town of Wilkes-Barre, Pennsylvania, Harris emphasized the need to recognize the value of different career pathways beyond the conventional college route.

Subscribe to enjoy similar stories. Tech companies scouring the country for electricity to power artificial intelligence are increasingly finding there is a waiting list. In many places the nation’s high-voltage electric wires are running out of room, their connection points locked up by data centers for AI, new factories or charging infrastructure for electric vehicles.

Subscribe to enjoy similar stories. Coimbatore/Tiruppur/Erode: It was a call that made perfect sense. In November 2010, Narendra Modi, then the chief minister of Gujarat, visited Chennai and called on Tamil Nadu’s textile entrepreneurs to set up spinning units in his state.

Subscribe to enjoy similar stories. Retirement planning not just involves planning the finances for adequate retirement corpus, but also planning your retirement home. But what if you want to plan a retirement outside India? The planning then can be more complex.