Business
October 04, 2024
3 views 6 mins 0

Red Lobster’s new CEO breaks silence over the downfall of the endless shrimp

Your support helps us to tell the story Find out moreClose Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth. Whether $5 or $50, every contribution counts. Support us to deliver journalism without an agenda. Red Lobster’s new 35-year-old CEO is opening up about the restaurant chain’s […]

Business
October 04, 2024
2 views 4 mins 0

Ex-Harrods exec: I lost my job due to Al Fayed

A long-serving former Harrods executive has claimed that his offer to become boss of the department store chain Fenwick was withdrawn because of his time working under Mohamed Al Fayed. Al Fayed, who owned the luxury London store for more than two decades, has been accused of sexual assault or rape by more than 20 […]

Business
October 04, 2024
5 views 2 mins 0

Mortgage rates spike after stronger-than-expected jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]

Business
October 04, 2024
2 views 2 mins 0

GST Panel Deliberates On Lowering Rate On Health Insurance, Tractors

New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent.  As tractor segment volumes saw marginal growth (year-on-year) in […]

Business
October 04, 2024
2 views 2 mins 0

Spicejet Clears Provident Fund Dues of 10 Months

The payment clearances come after SpiceJet recently raised Rs 3,000 crore through qualified institutional placement (QIP). This comes after Spicejet recently cleared salary arrears and GST dues. After clearing salary arrears and GST dues, budget carrier Spicejet on Friday deposited 10 months’ worth of provident fund (PF) dues. “Spicejet is pleased to announce that within […]

Business
October 04, 2024
2 views 2 mins 0

Govt Announces Interest Rates For General Provident Fund, Other Funds For October-December Quarter

New Delhi: GPF interest rate 2024: The Ministry of Finance has announced the interest rate on General Provident Fund  (GPF) and other funds for October-December quarter will be kept unchanged at 7.1 percent. “It is announced for general information that during the year 2024-2025, accumulations at the credit of subscribers to the General Provident Fund […]

Business
October 04, 2024
2 views 3 mins 0

Chancellor signals plan to spend more on big projects

The government will prioritise and increase investment in major projects at this month’s Budget, Chancellor Rachel Reeves has said. In addition, she announced a nearly £22bn investment in two major new carbon capture schemes over 25 years. She criticised plans she inherited from the previous government to cut investment as a share of the economy, […]

Business
October 04, 2024
5 views 5 mins 0

Indian Railways’ 1st hydrogen train on tracks soon? India to become 5th country to operate hydrogen-powered trains

India will join Germany, France, Sweden, and China as the fifth nation worldwide to operate hydrogen-powered trains. (AI image for representative purpose) India’s first hydrogen train on tracks soon? Indian Railways has engaged Germany’s TUV-SUD to conduct a third-party safety audit for the country’s first hydrogen train. Officials familiar with the plan anticipate trial runs […]