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NEW DELHI: Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank revised the terms and conditions, raising the fee waiver threshold from ₹15 lakh to ₹25 lakh. Kahate was exempt from the revision for one year as the changes applied to cards issued after September 2023.

Subscribe to enjoy similar stories. In an acclaimed article, noted leadership consultant Justin Menkes categorized the mastery that business leaders require into three skill areas: (a) accomplishing tasks; (b) working with and through other people; and (c) self-evaluation and behavioural adjustment. A recent Harvard Business Review article on critical C-suite skills suggests that in today’s business environment, companies need leaders who are not only adept at managing finances and possess technical expertise, but also excel in people management.

Trump administration has placed two top security chiefs at the U.S. Agency for International Development on leave after they refused to turn over classified material in restricted areas to Elon Musk's government-inspection teams, a current and a former U.S. official told The Associated Press on Sunday.

Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to China

income tax law will be «user-friendly» and easy to comprehend, without redundant provisions of the six-decade old Act, said Central Board of Direct Taxes (CBDT) chairman Ravi Agrawal.

Hazoor Multi Projects Limited (HMPL) has plans to set up a 500 megawatt solar project in Andhra Pradesh at an investment of Rs 2,500 crore. It has already submitted a proposal with the state government to set up the project in Prakasam district over an area of 2,000 acres, as per information shared by the company.

ministry of electronics and information technology (MeitY) has got a 48% boost in the budget to over Rs 26,000 crore, much of which will be ploughed into the IndiaAI Mission and expanded production-linked incentive (PLI) schemes for semiconductors, large-scale electronics and IT hardware. The estimate for the “modified scheme for setting up of compound semiconductors/silicon photonics/sensors fab/discrete semiconductors fab and semiconductor assembly, testing, marking and packaging (ATMP)/outsourced semiconductor assembly and test (OSAT) facilities in India” was increased from Rs 2,500 crore in the revised estimate for FY25 to Rs 3,900 crore in FY26.

Subscribe to enjoy similar stories. More than two years after the public debut of ChatGPT, software companies still haven’t found a compelling way of charging for AI tools, chief information officers say. Now they’re trying new strategies.

Subscribe to enjoy similar stories. It turns out I’m going to write a book! It will require years of agony, but I’ll do it. Also, I will retire at 65.

Canada and Mexico say they’ve prepared the option of retaliatory tariffs to be used if necessary now that the White House says the U.S. will put in place 25% tariffs on imports from them this weekend

Meta's chief information security officer Guy Rosen has given a stern warning to employees that anyone who leaks company information will be fired. Meta, the parent company of Facebook and Instagram, has said it will fire employees responsible for leaking internal information to the press, according to The Verge.

Subscribe to enjoy similar stories. Put aside the claims that can’t be confirmed. What kind of presumably second-rate chips did it use? How little did it spend training its derivative large language model? Likewise, if analysts at Washington’s Center for Strategic and International Studies are correct, DeepSeek trained itself on information illicitly gleaned as an enterprise client of America’s pioneering OpenAI.

A medical transport jet with a child patient and five others aboard crashed into a Philadelphia neighbourhood shortly after takeoff Friday evening, exploding in a fireball that engulfed several homes.Jet Rescue Air Ambulance said the patient and another passenger were on board along with four crew members.“We cannot confirm any survivors,” the company said in a statement. “Our immediate concern is for the patient’s family, our personnel, their families and other victims that may have been hurt on the ground.”Mayor Cherelle Parker said Wednesday night at a news conference that information on fatalities wasn’t immediately known but several homes and vehicles had been damaged.“This is still an active scene under investigation,” she said.The crash came just two days after the deadliest U.S.

Proposed changes from the FCA will aim to make it easier for listed companies to issue corporate bonds that retail investors and wealth managers can purchase, in another attempt by the regulator to democratise access to a broader range of assets.  The proposals would also «give investors the information they need to make an informed decision», the watchdog said.  FCA softens enforcement approach following backlash «More flexible and cheaper capital raising should help UK-listed companies to grow,» the FCA added, with the hope that by offering bonds in smaller sizes, it would improv...

Economic Survey 2024-25 on Friday made a case for scalability of pension coverage to bring more people under the social security net. Despite significant advancements in the pension sector, just 5.3 per cent of the total population is covered by the National Pension System (NPS) and Atal Pension Yojana (APY) combined.

Indraprastha Gas Ltd (IGL) shares began trading on an ex-bonus basis, priced at Rs 199.20 as of 9:50 AM today. “This follows our previous letters dated December 10, 2024, and January 16, 2025, notifying shareholders of the approval for the issuance of bonus shares in a 1:1 ratio. We would like to inform that the Bonus Issue Committee has fixed Friday, January 31, 2025, as the 'Record Date' to determine shareholder eligibility for the bonus,” the company had announced in an earlier exchange filing.

Gurugram Police, the vehicle of anyone who fails to pay a fine within 90 days of receiving a challan will be detained. This decision was confirmed through an order issued by the traffic police on Thursday.

Louisa Klouda, who serves as the CEO of Fenchurch Legal, made the incident public by sharing a screenshot of her conversation with Nirmal Patel. In the exchange, Patel informed her of his reluctance to collaborate with female professionals and ended his message with the unprofessional remark, «Be well, sweetheart.”

Traders and portfolio manages are just like the rest of us – they have pride and shame, and they like to present themselves as successful.  So if you ask one of them about their recent performance, you’ll get a sort of edited highlights, with all the dumb trades they made left out, and quite possible a few smart trades that they didn’t make inserted into the historical record. Even without any intention to deceive, memory can be a surprisingly unreliable record.

Cryptocurrency exchange Kraken is reintroducing staking services for U.S. customers again.