BUSINESS
Bangladesh PM hopes to import oil from India by 2023 via proposed pipeline
She made the remarks on Sunday during a meeting with Speaker of the Assam Legislative Assembly, Biswajit Daimary at her official Ganabhaban residence in Dhaka. The Speaker led a four-member delegation which is part of a team of 32 MLAs from the northeast visiting Bangladesh.
Pakistan-IMF talks hit roadblock again
Dar, who took over in September, has managed to do little for the economy so far. And now, amid Pakistan's reluctance to impose additional taxes on petroleum products as prescribed by the multilateral agency, talks between Islamabad and IMF, which were supposed to be held last month have not taken place. An analyst tracking South Asian economies said that there is no clarity on the review meeting. This has once again triggered fresh fears of a sovereign default.
Companies discussing labour shortage up by 28% in 2022: Report
This shows a continuous uptrend that was witnessed in recent years, while sentiment fell by 20 per cent, reveals GlobalData, a leading data analytics company. Semiconductor and supply were another top keywords discussed around the topic. The industries with the highest labour shortage discussions include construction, technology, packaging and consumer while financial services had the highest growth in terms mentioned.
Bob Iger returns as Walt Disney CEO, Bob Chapek steps down
Iger, who left the company last year, after spending more than four decades at the company, including 15 years as its CEO, has agreed to serve as Disney's CEO for two years. He will work closely with the Board in developing a successor to lead the company at the completion of his term, Disney said in a statement late on Sunday.
Finance Minister to begin pre-budget consultations from Monday
On Monday, she will hold consultations with the industry captains and experts on infrastructure and climate change in two groups. On November 22, Sitharaman will meet representatives of agriculture and agro processing sectors. Later on the same day, she will meet representatives from the capital markets and financial sectors. Representatives from the service, trade, and social sectors would meet her on November 24 to discuss the sectoral issues for the Union Budget 2023-24.
EPFO added 16.82 lakh members in September
According to data released by the EPFO, the net enrolment during the month was 21.85 per cent higher than the monthly average recorded during the last fiscal. As per data, 2,861 new establishments started complying under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 ensuring social security cover to their employees.
Bezos warns of recession, advises people to avoid expensive purchases
In an interview with CNN, he advised consumers to keep their cash safe and avoid unnecessary spending. Due to the recession fear, he advised Americans to avoid purchasing high-ticket items such as expensive cars and televisions.
War erupts between Nippon Life, RCAP Administrator and Aditya Birla Sun Life over RNLIC stake
Miffed at the entry of Aditya Birla Sun Life in the bidding process of RNLIC, and that too so close to the binding bids submission deadline, Nippon Life, a 49 per cent stakeholder in RNLIC, has made it clear to the Administrator and Aditya Birla Sun life that it is not interested in merging with Aditya Birla Insurance or sell its stake, at any cost.
Twins for Anand Piramal, Isha Ambani-Piramal
Their scions Anand Piramal and his wife Isha have been blessed with a set of twins on Saturday, November 19, the two excited families announced here on Sunday. They are - a baby girl named Aadiya and her twin brother Krishna. Both the infant siblings are doing well, said the two elated families, rejoicing over the happy development.
Mother Dairy hikes full-cream milk price by Rs 1, token milk by Rs 2 a litre
The new rates would come into effect from Monday (November 21). This is the fourth price hike this year effected by Mother Dairy. After the latest hike, full-cream milk will cost Rs 64 per litre, while token milk will cost Rs 50 per litre, a company spokesperson said. The company though has not revised the price of full-cream milk is sold in 500 ml packs.
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