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Apple-Metro Chairman and CEO Zane Tankel says consumer brands need to be more creative in an inflationary environment.

Centralized Pension Payment System (CPPS) for the Employees' Pension Scheme, 1995 has been approved by the Union Minister of Labour and Employment and the Chairperson of the EPF's Central Board of Trustees. This system will enable EPS pensioners to receive their pensions from any bank, branch, or location in India starting from January 1, 2025, stated a Press Information Bureau release issued on September 4, 2024. Pension for EPF members: 6 types of pensions under EPS 95, who is eligible

Vice President Kamala Harris is about to propose a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping it will help spur a record 25 million new small business applications over her four-year t...

touchscreen MacBook began with a patent application in 2021, which included references to such technology. This was followed by another filing in 2023.

Canadian families are still strapped for cash even as inflation cools and interest rates start to trend lower, new polling released Wednesday suggests.

home buyers in Jaypee Infratech. Suraksha Group, which acquired the project through insolvency resolution, offers to settle the dues or request a refund. A Times of India news report stated that 538 homebuyers who have paid 80% or more of the cost but failed to make a required claim under the Insolvency & Bankruptcy Code can now pay their dues. As per the revised plan approved by the Supreme Court, these homebuyers have a 30-day window to settle their dues. An additional 163 home buyers who have paid less than 80% of the flat's value are eligible for a refund under the approved resolution plan. Moreover, 430 other entities have booked apartments in projects deemed unviable. In their case, the refund will be determined according to the formula applied to other project participants, reported the Times of India.

SIP even with Rs 100 and this is cheaper than a cup of coffee, said Edelweiss Mutual Fund CEO, Radhika Gupta. According to Gupta, an investor should take advantage of this and start a SIP. Gupta also informed the investors that Edelweiss Mutual Fund has been accepting Rs 100 SIPs in all its funds for the last six months and one should make use of it. She posted on social media platform X, “A SIP that is cheaper than a cup of coffee. Since this has been spoken about, sharing this. We have been accepting 100 rupee SIPs in all our funds for the last 6 months+. Do take advantage of it!”

digital transactions are fairly seamless. Now, the Reserve Bank of India wants to expand the country’s unified payments interface, or UPI, to lending: The central bank’s governor has repeatedly promised that a “unified lending interface” will soon be rolled out. That carries great potential — and not a little risk. India’s model for financial interconnectedness is based around what it calls “digital public infrastructure.” The idea is simple: The government, or a closely regulated quasi-public entity, invests in, manages, and pays for the system through which digital transactions take place. Businesses can create apps that use this infrastructure; interoperability is built in, so those apps must compete on cost and quality rather than on the size of their network. Consumers can decide how much of their information they are willing to share with specific apps or for specific transactions, and theoretically the seller’s access to private data is neither permanent nor very deep. The Indian IT whizzes who designed the system insist it avoids the worst of the US model (which is fragmented, insecure, and expensive), European systems (which are overregulated, lecture to business, and stifle innovation) and the Chinese network (which does not privilege privacy or allow for accountability to civil society).

Kamala Harris will propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a tenfold increase over existing relief and her latest economic policy aimed at winning over middle-class Americans after jumping into the presidential race over a month ago. Harris is aiming to draw a contrast with her opponent, Republican Donald Trump, on broad economic strategy, specifically on tariffs and taxes. Her progressive economic agenda is focused on taxing wealthier individuals and companies more, and increased federal funding for child care and other social programs aimed at working parents. The new plan, to be announced in New Hampshire, will propose expanding the startup expense deduction for small businesses from $5,000 to $50,000, a campaign official said. On average, it costs $40,000 to start a new business, the official said, speaking on condition of anonymity.

IT companies have slashed their subcontracting costs — or, spending on high-cost temporary workforce — to multi-year lows, driven by increased focus on margins, cost optimisation, and enhancing internal capabilities. Over the past 12-18 months, as growth in the $250-billion software services industry slowed, players like Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra have been scaling back low-margin subcontracting, or the practice of employing temporary workers at high costs. Instead, they are focusing on upskilling existing employees, improving billable utilisation, and leveraging generative AI (GenAI) to meet the demands of increasingly complex projects, industry analysts said.

Thousands of Colombians have been forced to walk to work as truckers in major cities blocked highways to protest a recent increase in the price of diesel fuel

National Company Law Tribunal (NCLT) on Tuesday issued a notice to the suspended management of grounded budget carrier Go First, seeking its response to the Committee of Creditors' (CoC) decision to liquidate the airline. The counsel for the resolution professional (RP) informed the tribunal that the CoC had passed a resolution to liquidate Go First after finding that the resolution plans received under the insolvency resolution process were non-compliant with the law. Further, the counsel said since the CoC has already infused more than ₹200 crore in the insolvency resolution process, and with no cash being generated by the airline, the CoC has approved a resolution allowing third-party funding of the arbitration proceedings that Go First has filed against US engine maker Pratt & Whitney (P&W) at the Singapore Court of Arbitration.

IPO-bound Bajaj Housing Finance aims to expand by diversifying its book and exploring multiple sources of funds, Chairman Sanjiv Bajaj tells ET. Bajaj Finance is not exploring a bank licence, however, he says. Edited excerpts from the interview: What are the challenges you foresee for the housing finance industry considering that banks are also getting in the space aggressively? I think that the opportunities outweigh the challenges, this is when you are growing at 7% and the government is also putting support for the larger economy to grow even faster in the coming years, in addition to the fact that the government is also supporting housing, with housing for all, so the opportunity is very large. The challenges will remain in the locations that you want to grow, the kind of customer segments you enter, if you are building a diversified or a monoline book and sources of borrowing. Therefore, the path that we have taken is to build all this in a diversified manner ( such as home loans, loans against property, developers’ loans), we are not just in one line of lending or borrowing, we have multiple lines for this and have diversified it. This makes up most of the challenges, and we can build up the business in the foreseeable future.

thermal power producer, Adani Power, is planning to more than triple the capacity of its Kawai power plant in Rajasthan with an investment of up to ₹18,000 crore, said sources aware of the development. The current capacity of the plant is 1,320 MW, which will be expanded in two phases of 1,600 MW each, taking it to 4,520 MW over the next few years. Kawai is located in the Atru Tehsil of Rajasthan's Baran district. The company has already given a ₹10,000 crore order to Bharat Heavy Electricals Ltd to execute the expansion plan. Adani Power did not respond to an email seeking comment.

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ministry of road transport and highways plans to build 74 new tunnels stretching 273 km at a cost of ₹1 lakh crore over the next few years as part of a mega scheme to strengthen India's highway network, roads minister Nitin Gadkari said. The minister said this will be done while ensuring regular performance audits of all under-construction projects. Addressing the second edition of Tunnelling India conference organised by Ficci on Tuesday, Gadkari favoured giving a majority 51% stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality, saying it will ensure that only serious and technically qualified players bid for tunnel projects.

Oasis has driven up ticket prices, the British government has promised to look into the pricing system. But dynamic pricing — which alters prices based on demand — increases efficiency of markets and has come to be used in all manner of things, from airline fares to concert tickets. Oasis isn't the best judge of how much a ticket to their concert ought to cost.

third-party candidates Jill Stein and Chase Oliver could significantly affect Kamala Harris' chances in Pennsylvania. This state, with its 19 Electoral College votes, is crucial for any presidential candidate. A poll by Wick, conducted between August 27 and 29, indicated that in a direct contest, Harris and Donald Trump are tied at 49 percent each. However, when third-party candidates are included, Trump gains a slight edge, leading with 48 percent to Harris' 47 percent. Stein and Oliver are each polling at 1 percent, as per the reports of MSN.

Bloomberg’s Mark Gurman has reported that Apple is concentrating on reducing production costs for the entry-level iPad. It remains uncertain whether these cost-saving measures will translate into a price drop for consumers, or if Apple will simply improve its profit margins.Reportedly, the current 10th generation iPad is powered by the A14 Bionic chip.

EET Fuels (a trading name of Essar Oil (UK) Ltd), has appointed Toyo Engineering India Pvt. Ltd. (Toyo-India) (100% subsidiary of Toyo Engineering Corporation, Japan) a leading engineering, procurement, and construction company, to carry out the FEED phase — an integral part of the project management process. Toyo-India will oversee design completion, project de-risking, detailed costing analysis, and other vital work. Completion of FEED will enable the Company to make the final investment decision (FID) on the ICC project. Upon completion (expected in 2028), the ICC project will capture carbon dioxide emitted from Stanlow refinery’s full-residue fluid catalytic cracking (FCC) unit — one of Europe’s largest units. Leveraging Stanlow’s unique location, the captured carbon dioxide will use a repurposed existing gas transportation network and be permanently sequestered into depleted gas fields in Liverpool Bay, as part of the HyNet industrial decarbonisation cluster in the North West of England.

Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore. «Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories,» said the official statement, For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared. The FRCV will be a futuristic Main Battle Tank with superior mobility, all terrain ability, multilayered protections, precision & lethal fires over and real-time situational awareness.