- Business
- December 24, 2024
Starbucks Strike Expands, Closes Nearly 60 US Stores
California: A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. The strike, which began Friday in Los Angeles, Chicago and Starbucks’ hometown of Seattle, spread Monday to stores in Boston, Dallas and Portland, Ore. Workers in New York, Denver, Pittsburgh and other cities had also joined the strike over the weekend.…
- Business
- December 23, 2024
Union Budget 2025: Is Stock Market Open On February 1, 2025? NSE, BSE Clarify
The National Stock Exchange of India ( NSE ) and the Bombay Stock Exchange ( BSE ) have announced that they will conduct a live trading session on Saturday, February 1, 2025, in connection with the presentation of the Union Budget 2025. Both exchanges will operate as usual, with trading hours from 9:15 AM to 3:30 PM. Additionally, the commodity derivatives segment will…
- Business
- December 23, 2024
Disrupting the Norm: Samsung and Republic Join Forces for Unmatched Brand Integration
New Delhi: Shattering traditional barriers of brand collaborations, Republic Media Network and Samsung have joined forces to launch the most innovative brand integration in India’s Content-Tech space. Blending real-time use cases across the stormy news wheels of breaking news content and the pacey turnaround fuelled by cutting-edge Technology developed by the global tech giant, Republic Media Network and Samsung are set to deliver…
- Business
- December 23, 2024
Asia Shares Rally On US Inflation Relief
Asian shares rallied on Monday after a benign reading on US inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown. After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of those meetings due. There are no Federal Reserve speeches and…
- Business
- December 22, 2024
After Pepperfry CEO, Cardiac Arrest Claimed Life of Epigamia CEO ? Full Details
In a devastating turn of events, Rohan Mirchandani, the co-founder of Epigamia, India’s leading Greek yogurt brand, passed away at the age of 42 after suffering a cardiac arrest. The news was confirmed by Drums Food International, the parent company of Epigamia, which expressed profound sorrow over his untimely death. A Visionary Leader RememberedRohan’s sudden passing has left the startup community in shock.…
- Business
- December 21, 2024
GST Council Meeting: Is Your Food Delivery Going To Be Cheaper? FM Sitharaman Replies
GST Council Meeting: The 55th GST Council meeting, which took place on December 21 in Jaisalmer, Rajasthan, was anticipated to address a major issue concerning food delivery services. The proposal to reduce the Goods and Services Tax (GST) on food delivery charges from the current rate of 18% to 5% was under discussion. However, Finance Minister Nirmala Sitharaman confirmed that no decision…
- Business
- December 21, 2024
GST Council Meeting: Rate Reduced On Rice Kernels, What all Sitharaman Said?
GST Council Meet: The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, convened in Jaisalmer on December 21, bringing significant changes to India’s indirect tax structure. The meeting saw the extension of the Integrated Goods and Services Tax (IGST) exemption on surface-to-air missiles, a reduction in the GST rate on fortified rice kernels, and several other clarifications on…
- Business
- December 21, 2024
GST Council Postpones Decision to Cut Tax on Insurance, Rate Panel Defers Report Submission
Jaisalmer: A GST Council meeting on Saturday postponed a decision on reducing taxes on health and life insurance, while the much talked- about GoM recommendation of rate rejig in 148 items was not tabled before the Council. Some members of the Council, chaired by Union Finance Minster Nirmala Sitharaman and comprising her state counterparts, felt that more deliberations were required before a final…
- Business
- December 20, 2024
Google Announces Major Job Cuts, Slashes 10% of Management Positions
New Delhi: In a major cost-cutting move, tech giant Google has slashed its management positions by 10%, CEO Sundar Pichai announced during a company-wide meeting. Pichai, at the all-hands meeting on Wednesday, December 18, outlined the significant reduction across manager, director, and vice president roles, according to insider sources cited by Business Insider. While some roles have been downgraded to individual contributor positions,…
- Business
- December 20, 2024
New Zealand Falls into Recession – What Are The Reasons?
New Zealand’s economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for more aggressive rate cuts. The shock news sent the local dollar to a fresh two-year low of $0.5614 , having already shed 2.2% in the wake of a hawkish…
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