BUSINESS
EPFO Adds 13.41 Lakh Net Members as Employment Sees Growth
The EPFO enrolled around 7.50 lakh new members in October out of which a significant 58.49 per cent were in the young 18-25 age group. The net number for this dominant age group is 5.43 lakhs.
Starbucks Strike to Expand to Over 300 US Stores on Christmas Eve, Union Announces
In all, 5,000 Starbucks employees will go on strike in more than 25 states on Tuesday, from Maryland to Montana to California, Workers United said.
Popcorn at Movie Theatres to Attract 5% GST
On the other hand, if popcorn is clubbed together and sold with a cinema ticket, the supply will be treated as a composite supply and taxed according to the applicable rate of the principal supply, which in this case is the ticket.
PM Modi Engages Economists in Brainstorming Session Ahead of Budget
The Finance Minister was also present at the meeting which was attended by Niti Aayog Vice Chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, Chief Economic Advisor Anantha Nageswaran and renowned economists, including Surjit Bhalla and DK Joshi.
China Plans to Raise Deficit and Boost Spending in 2025, Says State Media
The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt.
Indian Firms Break Records with Robust Equity Market Fundraising in 2024
During this period, shares worth Rs 1.39 lakh crore were sold to institutional investors. This is the highest figure ever for raising capital through public issues.
Biden Initiates New Chinese Chips Trade Probe, Set to Transfer Responsibility to Trump
US Trade Representative Katherine Tai said the probe was geared to protect American as well as other semiconductor manufacturers against China's enormous state-led build-up of the local chip supply.
Bengaluru Leads as India's Office Leasing Market Sees 14% Growth in 2024
Bengaluru dominated Grade A office space demand, witnessing the highest ever volume of leasing at 21.7 million square feet with 40 percent growth, according to Colliers.
Bangladesh Faces Rs 200 Crore Electricity Bill Debt to Tripura
Tripura supplies 60-70 megawatts of power to the neighbouring country according to an agreement signed by the Tripura State Electricity Corporation Limited through the NTPC Vidyut Vyapar Nigam Limited with the Bangladesh Power Development Board.
India Adds 30 Million New Demat Accounts Annually, with Women Making Up 25% of Investors
The report from the State Bank of India's Economic Research Department also stated that owing to this, the total demat accounts in the country crossed 150 million(of which 92 million are unique investors on NSE) in FY24 as compared to a paltry 22 million in FY14.
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