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As more older Americans navigate financial uncertainty, a significant chunk of the workforce is opting to gradually transition into retirement, according to a recent survey by WTW.

Indian shoppers are continuing to buy from retail chains especially when it comes to premium products and during big discount days or festive periods, as per a latest study by market researcher NielsenIQ. The study shows that these big shopping periods contribute 20% of incremental sales for FMCG and 60% for consumer electronic products. Non-food categories grow 1.8 times faster than food during these periods, driven by deep discounts and consumer preference for non-essentials. Categories such as toothpaste, toilet soap, and washing powder lead the charge, benefits with 20-30% incremental sales during big days, it said.

Online vendors have generated 15.8 million jobs in India, including 3.5 million for women, with about 1.76 million retail enterprises participating in e-commerce activity, says a report released on Wednesday. The report 'Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India' was launched by Commerce and Industry Minister Piyush Goyal. «Plugging in data from our survey, we estimate that online vendors generate 15.8 million jobs, including 3.5 million jobs for women,» the report prepared by Pahle India Foundation (PIF), a Delhi-based policy research institute, said. E-commerce, according to the report, has been a key driver of employment generation In India. On an average, online vendors employ 54 per cent more people and almost twice the number of female employees, compared to offline vendors.

capital on Wednesday, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had jumped Rs 1,400 to settle at Rs 74,150 per 10 grams in the previous session on Tuesday. However, silver prices declined Rs 150 to Rs 87,000 per kilogram against Rs 87,150 per kg in the previous close.

Living to 100 was once a rare occurrence but it’s becoming more common and requiring understanding and preparation from financial advisors focusing on retirement planning.

Also Read: Becoming an investment advisor is about to get a lot easier The requirements to become a part-time IA/RA are similar to those for full-time advisors. Applicants must have a relevant finance-related degree, or a postgraduate degree from NISM, or a CFA charter. Additionally, they must clear the NISM 10-A and 10-B exams.

A signal from the Bitcoin derivatives market points to the growing risk of a “short squeeze” that can stoke sharp rallies in the largest digital asset, according to cryptocurrency specialist K33 Research.

organ donation crisis persists as demand far exceeds supply. In India alone, over 300,000 patients are currently on the waiting list for donor organs, according to the Ministry of Health and Family Welfare. Successful organ donation hinges on multiple factors, including organ compatibility with the recipient’s body weight, height, size, and blood group. Even when a match is found, the viability of the organ, particularly the heart, can be compromised by the lack of oxygen and blood during the dying process, a TOI report stated. Revolutionary Procedure Expands Organ Availability A new technique, known as abdominal normothermic regional perfusion (A-NRP), could significantly improve organ availability. Developed by doctors in the US and Canada, this method involves connecting the deceased body to a portable heart and lung machine. This machine supplies blood to vital organs like the liver, pancreas, small intestine, and kidneys after circulatory death. By maintaining a steady flow of oxygen and nutrients, A-NRP enhances the condition of the organs, making them suitable for transplantation.

Indian astronaut is likely to fly to the International Space Station by April next year as part of the NASA-ISRO collaborative initiative, Science and Technology Minister Jitendra Singh said on Wednesday. Two Indian astronaut-designates Group Captains Shubhanshu Shukla and Prashanth Balakrishnan Nair are undergoing training in the US for the Axiom Space Ax-4 mission. ISRO has assigned Shukla for the Ax-4 mission while Nair would be the backup candidate. «An Indian astronaut will travel to the ISS by April next year,» Singh told a press conference here ahead of the first-ever National Space Day celebrations to mark the landing of Vikram lander on the Moon on August 23 last year. The theme for the National Space Day is 'Touching Lives while Touching the Moon: India's Space Saga'. On the occasion, ISRO will release on August 23 the scientific data collected by the Chandrayaan-3 mission that could be used by researchers.

SINGAPORE—China’s internet giants are betting billions on incubating the country’s OpenAI challengers, with Alibaba Group and Tencent leading the charge. Since 2023, investors—including the country’s biggest tech companies—have valued at least six China-based startups developing large language models at more than $1 billion each.

TOKYO : Japan’s balance of trade fell back into the red in July, with the yen’s recent appreciation dimming the outlook for the nation’s exports. Japan posted a trade deficit of 621.8 billion yen for July, equivalent to $4.28 billion. That followed a 224 billion yen surplus in June, Ministry of Finance data showed Wednesday, and compared with the 359.1 billion yen deficit expected by economists polled by data provider Quick.

core inflation, which excludes volatile food and fuel prices, as doing so would be counterproductive, according to a study. The paper by think-tank National Council of Applied Economic Research addresses the ongoing debate among policymakers over whether food prices should be stripped from inflation targeting. Economists argue that this approach is not feasible in a country like India, where food makes up nearly half of the consumer price index basket. “Neglecting food price inflation that diverges from target for an extended period can have negative consequences,” economists including NCAER’s Poonam Gupta wrote in the study.

₹4 crore is required. This amount doubles for medium-sized hubs and is about ten times more for large export hubs.

okada, and boda boda. They are transforming mobility in Africa. Behind the rise is a story of supply and demand.

stock market indices closed higher on Tuesday, August 20. The frontline indices witnessed solid buying on positive global cues as both the Nifty and the Sensex index closed higher after Tuesday's trading session.

117, the world's oldest person passed away and shared a heartbreaking farewell note. After French nun Lucile Randon passed away in January of last year at the age of 118, Maria Branyas Morera, a Spanish retiree, was awarded and felicitated with the amazing title of being the oldest living person in the world. Maria Branyas Morera, who survived two pandemics and two world wars, died peacefully and without pain in her sleep, just as she had desired. She gave great pieces of advice and will always be remembered for her kindness, as quoted in a report by The Sun.

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral

Some East Palestine residents want more time and more information before they have to decide by a deadline this week whether to accept their share of a $600 million class-action settlement with Norfolk Southern over last year's disastrous train derailment

The US individual life insurance market has stayed stable in the second quarter, though that topline figure obscures a possible shift in consumer appetites amid interest rate challenges, according to new data from Limra.

Electric vehicles may save consumers money over the long-term relative to traditional gasoline-powered cars.