Sumitra

Family enterprise growth: 50% of Indian firms post $1–30 billion annual revenues as AI adoption rises, says Deloitte

Indian family businesses are experiencing robust expansion, with nearly half reporting revenues between USD 1 billion and USD 30 billion.…

11 months ago

Crypto deal: Pakistan, Binance sign MoU on tokenising sovereign assets; plan covers up to $2 bn

Pakistan has signed a non-binding MoU with Binance to explore tokenizing up to $2 billion in sovereign and real-world assets.…

11 months ago

US compliance alert: New York warned of $73M fund loss; federal audit flags improper immigrant commercial licences

New York faces a potential $73 million loss in federal highway funds after an audit revealed thousands of immigrant commercial…

11 months ago

New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition…

11 months ago

US labour market trend: Jobless claims surge to 236,000; Fed flags deeper hiring weakness

US jobless claims surged last week, exceeding expectations, though still within historical lows. Despite this, the Federal Reserve cut interest…

11 months ago

India’s first hydrogen-powered train: What’s special about it? Top 5 things to know

In a groundbreaking achievement for sustainable transit, Indian Railways has unveiled its inaugural hydrogen-powered train. This pioneering 'Made in India'…

11 months ago

India-US trade deal: India should be cautious on agri concessions, insist on a drastic cut in high tariffs – GTRI says

As India enters pivotal trade talks with the United States, experts are advising a careful approach regarding the potential reduction…

11 months ago

Fed call ahead: Central bank eyes third rate cut amid sharp divisions; why follow-up easing looks uncertain

The US Federal Reserve is poised for a quarter-point rate cut this week, but internal disagreements signal future reductions will…

11 months ago

IndiGo disruptions: Over 40,000 passengers hit at Mumbai airport since December 1; delays and cancellations pile up, says MIAL

Mumbai airport experienced significant disruptions last week as IndiGo cancelled 905 flights and delayed 1,475 others, impacting over 40,000 passengers…

11 months ago

Home loan relief: Banks cut MCLR, RLLR and RBLR after RBI repo rate trim; here’s how your EMIs may fall

Home loan borrowers are set to benefit as major banks, including HDFC Bank, PNB, and Bank of Baroda, have reduced…

11 months ago