The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite. Source link
Forget gold buying this festive season? Why you should consider silver for investment as prices cross Rs 1 lakh mark
Since the beginning of the calendar year 2024, silver has experienced impressive gains, rising by 33.65%. (AI image) Gold vs Silver buying: Silver presents an attractive option for aggressive investors seeking portfolio diversification and alpha generation beyond traditional equities, believe analysts. Despite the recent surge in domestic prices, which saw
Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues. Source link
Cheer for middle income salaried class? VPF limit for tax-free interest may be hiked from Rs 2.5 lakh
The Rs 2.5 lakh ceiling on voluntary contributions was introduced in the FY22 budget. (AI image) VPF limit for tax-free interest to be hiked? The government is considering increasing the limit on voluntary provident fund (VPF) contributions under the Employees’ Provident Fund Organisation (EPFO) that earn tax-free interest. Currently, interest
Tesla’s Third Quarter Earnings Report Robust Profit Increase
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales. Source link
HUL begins price hike as commodity inflation bites
MUMBAI: HUL will initiate price hikes in some of its product portfolio like skin cleansing and tea as FMCG firms grapple with high commodity inflation.Crude palm oil and tea, which make up a large share of the company’s commodity basket, are seeing high inflation. “In the Dec quarter, you will
No floor price for non-basmati rice exports as government lifts curbs
NEW DELHI: Amid a bumper paddy crop, government has decided to scrap the export duty on parboiled rice and removed the Minimum Export Price (MEP) on overseas shipments of non-basmati white rice, moves that will force countries from Thailand and Vietnam to Pakistan to cut prices in the international market
American Airlines Passengers Who Skip Ahead Will Trigger ‘Audible Signal’
American Airlines is testing a technology platform that will produce a sound when a passenger attempts to board a flight ahead of the assigned group. Source link
Piramal Enterprises Q2 profit triples to Rs 163 crore; flags precarious credit environment risks
MUMBAI: Non-bank lender Piramal Enterprises on Wednesday said its September quarter net profit tripled to Rs 163 crore on a low base, but flagged risks from the “precarious” credit environment. The city-headquartered entity had reported a profit of Rs 48 crore in the year-ago period, and Rs 181 crore in
Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife
Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump. Source link