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Subscribe to enjoy similar stories. Amazon Chief Executive Andy Jassy set CEOs abuzz with envy—and white-collar workers with fear—this week with a surprise memo calling corporate staffers back to the office full time. Now, long after hybrid work seemed a settled matter at many companies, suddenly both sides are wondering: Who’s next? At a party in Seattle Tuesday evening, shortly after Jassy went public with his plan, his return-to-office rally cry was a hot topic among executives in attendance.

JJP leader Dushyant Chautala, whose party is contesting the October 5 Haryana assembly polls jointly with Azad Samaj Party, predicts a hung assembly but exudes confidence that their alliance will win enough seats to emerge as a key player after the results. The JJP had won 10 of the 90 assembly seats in the 2019 Haryana assembly polls, the BJP 40 and the Congress 31. Chautala, 36, the great grandson of former deputy prime minister Devi Lal, predicts that no single party will be able to cross the 40-seat mark in the assembly elections. No single party can form government on its own. There are chances that nobody crosses the 40-seat mark. So, there will be parties with numbers and some Independents too who will win, former deputy chief minister Chautala told PTI.

digital payments has surged to Rs 1,669 lakh crore in the first five months (April-August) of the current financial year 2024-25, according to Union Finance Ministry. The ministry stated that the transaction volume of digital payments has reached 8,659 crore during the same period. The value of UPI transactions has grown from Rs 1 lakh crore to Rs 200 lakh crore at a CAGR of 138%. Additionally, in the last 5 months (April-August FY2024-25), the total transaction value has surged to an impressive Rs 101 lakh crore. The Ministry of Finance in a statement on Friday highlighted that digital payments in India have witnessed significant growth, with the total number of digital payment transactions increasing from 2,071 crore in FY 2017-18 to 18,737 crore in FY 2023-24, at a compounded annual growth rate (CAGR) of 44%.

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Quad summit this weekend, Australian PM Anthony Albanese appears to have broken ranks with the US and Canada, co-members of the Five Eyes intelligence alliance, on the issue of Indian «spies» in Australia by pointing out that such matters are raised privately. Responding to media queries during his ongoing US trip on the «nest of Indian spies» in Australia, Albanese said, «Well, what I do is act diplomatically and have those discussions, and that will, no doubt, be something that is raised.

Congress Committee chief Tariq Hamid Karra on Friday said BJP is touchy and exploitative about Article 370 and this is why Congress is focusing on restoration of statehood with all the rights for locals over land, jobs and admissions to educational institutions. Karra said the sole focus of Congress is to get absolute majority and keep BJP out of government. Congress and National Conference have entered into a pre-poll seat-sharing arrangement in the 90-seat assembly, under which NC is contesting 51 seats and Congress 32 seats. Five seats will see a friendly contest, and two seats have been reserved for CPIM in Kashmir and Panthers Party in Jammu.

Last year, five people hoping to view the Titanic wreckage died when their submersible imploded in the Atlantic Ocean

The owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers

centralized dashboard for targeted policy intervention. Central team led by labour and employment secretary Sumita Dawra held discussions in this regard with five eastern states on Friday in Bhubaneswar. These included Odisha, Chhattisgarh, Jharkhand, West Bengal and Andhra Pradesh. This is the fourth meeting in a series of regional consultations being held by the ministry of labour and employment nationwide with the states and union territories (UTs) on key labour and employment issues.

India's position in the global financial ecosystem and is committed to advancing digital payment solutions that are secure, scalable, and inclusive, the finance ministry said in a statement on Friday. «India is rapidly emerging as a global leader in digital payments. With UPI’s global expansion and the continued rise of digital transactions, India is setting new benchmarks for financial inclusion and economic empowerment of common citizens,» it said, noting that as per the ACI Worldwide Report 2024, in 2023 around 49% of the global real-time payment transactions are happening in India. In its statement the ministry noted that digital payments transactions volume reached to 8,659 crore for the last five months (April-August) of FY25, the finance ministry said in a statement adding that in the last six years, transaction volume increased at a 44% compounded annual growth rate (CAGR) from 2,071 crore in FY18 to 18,737 crore in FY 24.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

UBS was on a selling spree on Friday as the Zurich-based bank and financial services company sold its holding in four stocks through UBS Principal Capital Asia Limited via block deals. The stocks included Concord Biotech, Five Star Business Finance, IIFL Securities and Marksans Pharma and the total share sale aggregated to Rs 480 crore. UBS Principal sold 7,40,159 lakh shares worth Rs 192 crore at a price of Rs 2,589.86 per share which was a 15% premium over the Thursday closing price of Rs 2,250.55. The stock today ended at Rs 2,591, gaining Rs 340.45 or 15.13%.

government surveys has doubled over the last five years, the Ministry of Statistics and Programme Implementation (MoSPI) said Friday. Highlighting the lack of cooperation from high income households living in gated communities, it said that an ‘income category’-wise analysis of the Household Consumption Expenditure Survey (HCES) data showed that non-responsiveness in the ‘high income’ category of urban areas grew to 11% in HCES 2022–23 from 3.3% in 2011–12. The non-responsiveness among the high-income category in rural areas increased to 3.9% from 1.3% in the same time period. A rising non-response rate has the potential to reduce the sample size of the government’s surveys and impact the accuracy of the official estimates.

bank-capital proposal is running into a wall of resistance at the Federal Deposit Insurance Corp. At least three of five FDIC directors oppose the latest overhaul previewed by the Federal Reserve last week, according to people familiar with their thinking. Democrat Rohit Chopra has joined the two Republican board members, including Vice Chairman Travis Hill, against the changes, the people said.

Subscribe to enjoy similar stories. A deal between Constellation Energy and Microsoft will restart Pennsylvania’s Three Mile Island, the site of the country’s worst nuclear accident, to help power the tech giant’s growing artificial intelligence ambitions. Under the agreement, Constellation would revive the plant’s undamaged reactor, which was too costly to run and closed in 2019, and sell the power to Microsoft.

Jammu and Kashmir recorded 61.38 per cent votes in phase one of polling, the Election Commission of India announced on Friday. While the total male turnout stood at 63.75 per cent, total female turnout, data showed was at 58.96 per cent. Third gender turnout was recorded at 40 per cent, ECI data showed.

BEIJING — Many of Apple's affluent iPhone users in China are just as interested in Huawei's pricier trifold phone, CNBC found during spot checks at stores Friday, the day the iPhone 16 and Mate XT launched in the country.

«Maybe near-term resistance at 25,700, 25,800 cannot be ruled out, but buy the dip should be the strategy. Eventually we expect Nifty to head towards 26,200 in the coming weeks. So, yes, buy the dip should be the strategy,» says Dharmesh Shah, ICICI Direct. Let us begin by discussing some of these large private banking names itself. ICICI Bank making fresh records high. HDFC Bank, a powering move of around 2%. What do you make of this strength in Bank Nifty and do you expect it to continue in the coming week? Dharmesh Shah: We believe this momentum should continue. And if you look at the Bank Nifty, I think that has given a major breakout and we expect this Bank Nifty to head towards 55,500 for the near term. So, yes, Nifty looks positive. Maybe near-term resistance at 25,700, 25,800 cannot be ruled out, but buy the dip should be the strategy. Eventually we expect Nifty to head towards 26,200 in the coming weeks. So, yes, buy the dip should be the strategy.

Subscribe to enjoy similar stories. The Street is excited about NTPC Green Energy’s recent announcement of an initial public offering (IPO), but industry experts said a better track record on executing projects would have offered investors more comfort. The equity fund manager of a large mutual fund house, who did not wish to be named, told Mint, “Right now, NTPC Green is this large public entity which plans to have 60GW of renewable energy capacity by FY32.

Subscribe to enjoy similar stories. Anyone reading this article has those first five years of school education to thank. Think back to the first day of school—the nerves, the strange new environment, the tearful goodbye to parents, the anticipation of adventure.

Before they were household names, many top U.S. designers got their start at The Council of Fashion Designers of America/Vogue Fashion Fund