New Delhi, Sep 16 (IANS) China’s once-booming luxury market is facing a sharp contraction as international brands close stores across major cities while wealthy consumers cut down their spending, a new report has said.
Kathmandu, Sep 16 (IANS) Nepal’s Finance Minister Swarnim Wagle is set to visit India from Thursday to Saturday for high-level talks as Kathmandu seeks substantial Indian support for post-disaster reconstruction following the devastating floods of August 26.
New Delhi, Sep 16 (IANS) The eighth Central Pay Commission is set to begin a three-day visit to Chandigarh on Wednesday, as part of its consultations on pay and pension-related matters.
New Delhi, Sep 16 (IANS) India approaches Q3 FY27 from a position of relative macroeconomic resilience, despite a more challenging external environment characterised by geopolitical tensions, volatile commodity prices and uneven monsoon conditions, a report showed on Wednesday.
New Delhi, Sep 16 (IANS) The introduction of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions could provide a sustainable revenue model for the digital payments ecosystem and support its expansion to one billion users over the next decade, fintech industry leaders said on Wednesday.
New Delhi, Sep 16 (IANS) Pakistan’s National Artificial Intelligence Policy is heavy on promises and targets but the country lacks mechanisms, resources and efforts needed to achieve them, a new report has said.
New Delhi, Sep 16 (IANS) The new Merchant Discount Rate (MDR) framework for UPI transactions will not impose any charges on customers and the move is necessary to make India's digital payments ecosystem financially sustainable, PhonePe CEO Sameer Nigam said on Wednesday.
New Delhi, Sep 16 (IANS) Gold and silver miners' shares, rather than the metals themselves may offer investors the most attractive way to participate in the current precious‑metals rally, a report said on Wednesday.
New Delhi, Sep 16 (IANS) India's electric vehicle (EV) market is witnessing a sharp acceleration in adoption, creating significant opportunities for domestic manufacturing, localisation and investment across the battery and electronics value chain, a report said on Wednesday.
New Delhi, Sep 16 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to enhance the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs 15,000 to Rs 25,000 per month, with the decision expected to bring more than 51 lakh additional employees within its ambit, significantly widening social security protection for workers.
