Business
October 14, 2024
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CCPA Directs Ola To Allow Consumers Choice Of Refund Method

The Central Consumer Protection Authority (CCPA) has instructed Ola, to implement a consumer-friendly mechanism allowing customers to choose their preferred refund method. According to the Ministry of Consumer Affairs, Food and Public Distribution, consumers will now have the option to receive refunds either directly to their bank accounts or via coupons, a significant change from […]

Business
October 14, 2024
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Starmer defends workers' rights as 'pro-growth'

EPA Sir Keir Starmer has defended the government’s plans to overhaul and increase workers’ rights as “pro-growth”. The prime minister also told a major business summit in the UK he would scrap regulation that “holds back investment” and would ask regulators to prioritise growth. The government’s Employment Rights Bill proposes a number of changes including […]

Business
October 14, 2024
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Spanish firm set to buy Harland and Wolff

Getty Images Harland and Wolff was bought out of administration in 2019 Spain’s state-owned shipbuilder Navantia is in exclusive talks to buy Harland and Wolff, the Belfast-based shipyard. Harland and Wolff, best known for building the Titanic, also has operations at Appledore in England and Methil and Arnish in Scotland. Navantia already has a business […]

Business
October 14, 2024
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Housing Prices in Top-10 Cities Surge 88% in 5 Years, Gurugram Rate Jumps 160%

The average price of newly launched residential projects in India’s top 10 cities has surged by a staggering 88 per cent over the past five years, according to a report by real estate data analytics firm PropEquity released on Monday. Gurugram witnessed the most dramatic price growth, with average prices catapulting by 160% from Rs […]

Business
October 14, 2024
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PSX hits all-time high as KSE-100 index crosses 86,000 points

The Pakistan Stock Exchange (PSX) continued its bullish momentum, with the benchmark KSE-100 Index reaching new highs. The index surged by 600 points, crossing the 86,000 mark to close at 86,100 points, marking a significant milestone in market activity. Earlier in the day, the KSE-100 Index had traded up 335 points, settling at 85,818 points […]

Business
October 14, 2024
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India Sees All-time High Deal Numbers In Real Estate Sector In July-Sep

New Delhi: India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023, a report showed on Monday.  Deal values were primarily driven by the qualified institutional placement (QIP) activity, private […]

Business
October 14, 2024
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World Bank says 26 poorest nations in worst financial shape since 2006

The World Bank building is pictured in Washington, April 5, 2021. WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds […]

Business
October 14, 2024
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Stocks to Watch: Reliance Industries, Hindustan Aeronautics, Bajaj Housing, Avenue Supermarts and More

On October 14, market participants will focus on several key events, including the September quarter earnings of major companies along with Hyundai’s upcoming IPO. Global factors such as US retail sales, the ECB interest rate decision, China’s Q3 GDP data, and oil price fluctuations will also play a significant role. Indian markets are expected to […]

Business
October 13, 2024
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Dreaming of diamonds: Generations dig for fortune in India's gem town

BBC Hindi Prakash Sharma has been mining diamonds for 50 years “I feel sick if I don’t search for diamonds. It’s like a drug.” Prakash Sharma, 67, speaks about diamonds with a passion that has defined his life for the past five decades. A diamond hunter in India’s central state of Madhya Pradesh, he spends […]