Scott Bessent should stop blaming the bond market
Theodore Roosevelt’s injunction to speak softly and carry a big stick has rarely felt more apt. In mid-August Scott Bessent, America’s treasury secretary, announced with…
Why is SK Hynix considering Intel’s Ohio factory for US AI memory production?
SK Hynix is in talks with Intel to make memory chips in the US for the first time. The talks are focused on finding ways…
Small exporters get compliance relief as govt removes RCMC requirement for shipments up to Rs 3 lakh
New Delhi: The government has removed the requirement of Registration-cum-Membership Certificate (RCMC) or Certificate of Registration for export consignments with a Free-on-Board (FOB) value of…
Heat stress cost India $9 per tonne of CO2 in lost labour productivity in 2025
Heat stress caused a significant loss to India’s labour productivity in 2025, PTI reported, citing a study. According to a study published in Nature Climate…
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the government
The government’s decision to raise the provident fund wage ceiling to Rs 25,000 from Rs 15,000 is expected to bring more than 51 lakh additional…
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefit
The union cabinet, on Wednesday, gave its go ahead to enhance the wage ceiling under the Employees’ Provident Fund Organisation to Rs 25,000 per month…
UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit
The new merchant discount rate (MDR) on UPI payments above Rs 2,000 will attract 18% Goods and Services Tax (GST), but eligible merchants can claim…
TikTok parent’s revenue grows as AI spending pressures profits
ByteDance’s artificial-intelligence spending pressured profit in the first half of the year, but the TikTok parent’s revenue accelerated as a U.S. regulatory overhang cleared, people…
From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive season
New Delhi: The Retailers Association of India (RAI) on Wednesday said the government’s move to impose a 0.4 per cent Merchant Discount Rate (MDR) could…
BIS raises gold hallmarking fee to ₹75 per article ahead of festive season
The Bureau of Indian Standards has revised hallmarking charges for gold and silver articles, raising the fee for gold to ₹75 from ₹45, while retaining…