Business Industrial
"With the bulk deposit space becoming increasingly competitive, banks will be looking to issue more CDs to meet the rising credit demand ahead of the festive season," a senior treasury official at a mid-sized private sector lender said.
Defence Minister Rajnath Singh on Monday said the role of the private sector is becoming increasingly prominent in nearly every area of the Indian economy and it is steering the nation's economic progress.
Global tech body Information Technology Industry Council (ITIC) has urged the Indian government to strike a balance between individual privacy and innovation in the country's yet to be notified rules under the Digital Personal Data Protection (DPDP) Act.
The scheme provides eligible beneficiaries with an insurance of Rs 5 lakh per family per year for secondary and tertiary care hospitalisation, enabling cashless treatment across public and private empanelled hospitals in India.
Hundreds of Apple enthusiasts gathered outside the company's flagship stores in Delhi and Mumbai on Friday (September 20) morning as the iPhone 16 series officially went on sale across India.
The company launched an online store dubbed Air Supply that offers a range of luxury goods, such as a Rimowa suitcase for $1,650, Persol sunglasses for $360, a Leica digital camera for $1,595 and a wood and leather backgammon set from Nick Plant for $4,285.
Chetan Mahajan, founder and CEO of Mavericks India, said, “As convenience drives more consumers towards food aggregators, the hidden costs of delivery, packaging, and perceived membership benefits can often add up to a significant financial drain over time.
Jon Holden, the lead union negotiator, said on Saturday that workers wanted Boeing to increase its wage offer and reinstate a defined-benefit pension that was taken away a decade ago in return for keeping plane production in Washington State.
He added that there had been unverified reports of China hoarding containers to maximize its exports to the US and Europe ahead of potential trade restrictions and a hike in duties on solar panels, electric vehicles, steel and aluminium manufactured by Chinese firms located in China or elsewhere like in ASEAN (Association of Southeast Asian Nations) countries.
The Ministry of Commerce had already started a gems and jewellery complex in Common Facility Centre, Santacruz Electronics Export Processing Zone (SEEPZ), in the past few months.
Still, Hennessy added, the challenge is for New York to develop an ecosystem the way Boston and Pittsburgh have — with more university research, more incubators helping founders start companies, and more federal and state grants to encourage innovation.
"Therefore, the present status clearly indicates the existence of system failure to timely detect the actual grades of lumps and fines produced, which adversely impacted the state government revenue," the CAG said in its audit report.