Business
October 20, 2024
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Ministers to oversee HS2 build as costs 'spiral'

Ministers are to take a direct role in overseeing the building of the HS2 rail line to try to “get a grip” on the rising cost of the high speed route between London and Birmingham. Transport Secretary Louise Haigh said it had long been clear that the cost of HS2, which could reach £65bn, had […]

Business
October 20, 2024
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Jeevan Pramaan Online: Here's How To Get Digital Life Certificate For Pensioners

Jeevan Pramaan must be produced every year in November to authorised pension disbursing providers like banks and post offices Know how you can obtain a Life Certificate ‘Jeevan Pramaan’ online Jeevan Pramaan, also known as the Digital Life Certificate, is a digital service that uses biometrics to help pensioners. It simplifies the pension process for […]

Business
October 20, 2024
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Automobile exports from India rise 14% in April-September period

NEW DELHI: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units […]

Business
October 20, 2024
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Maldives Notifies New Foreign Currency Rules, Here's What Tourists Need To Know

Maldives President Mohamed Muizzu (Reuters File) Dollar-starved Maldives is imposing mandatory foreign currency exchange controls on tourism establishments and banks. Dollar-starved Maldives has floated a new foreign currency regulation, limiting types of transactions allowed in foreign currency and imposing mandatory foreign currency exchange controls on tourism establishments and banks. Maldivian economy appears to have taken […]

Business
October 20, 2024
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Chinese food delivery industry faces downturn, workers' earnings drop by 1,000 yuan

China’s food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers‘ earnings have dropped by nearly 1,000 yuan ($140) per month compared to five years ago, according to a report from the China New Employment Research Center.The $200 billion food delivery sector, the largest in the world by revenue […]

Business
October 20, 2024
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Network security leader, Datta, advocates for secure remote workforce in the era of work from home

Post-pandemic, remote work has become widespread, bringing significant security risks in accessing corporate resources from home. Attackers are exploiting employee devices and networks, which are now outside the organisational perimeter, to launch sophisticated cyberattacks, leading to data breaches and massive losses.Traditional solutions like Virtual Private Networks (VPNs) fall short, paving the way for the era […]

Business
October 19, 2024
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Senior citizen health cover, term insurance likely to be GST-free

NEW DELHI: A group of state finance ministers is veering towards GST exemption on term insurance plans, while also considering removal of the levy for senior citizens purchasing health insurance and for those who buy medical coverage of up to Rs 5 lakh.A second group of ministers (GoM) is looking at ways to minimise revenue […]

Business
October 19, 2024
4 views 4 mins 0

HDFC Bank net profit rises 5% to 16,821 crore for Q2 FY25

MUMBAI: HDFC Bank reported a 5% rise in standalone net profit to Rs 16,821 crore for Q2FY25, up from Rs 15,976 crore in the corresponding quarter last year. The bank’s total deposits increased by 15.06% year-on-year (YoY) to Rs 25,00,100 crore, with savings account deposits at Rs 6,08,100 crore, current account deposits at Rs. 2,75,400 […]