India mobility sector to surpass $600 billion by 2030: Report
The Indian mobility industry is projected to surpass $600 billion by 2030, according to the Think Mobility report released by Google and Boston Consulting Group (BCG) at the Bharat Mobility Auto Expo.The report highlights India’s unique trajectory in the mobility sector, with traditional and emerging revenue streams shaping a departure
If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and those close to retirement — supercharge their savings, cut prescription drug costs, keep more of the money they earn and, possibly, raise their credit scores. Fair
When the Retirement Community Goes Bankrupt
Three years ago, when Bob and Sandy Curtis moved into an upscale continuing care retirement community in Port Washington, N.Y., he thought they had found the best possible elder care solution. In exchange for a steep entrance fee — about $840,000, funded by the sale of the Long Island house
India’s automobile industry will be number one in world in next 5 years: Gadkari
NEW DELHI: India’s automobile industry will be number one in the world in the next five years, Union Minister Nitin Gadkari said on Saturday, highlighting that the industry has created 4.5 crore jobs till now, the highest in the country. Addressing a Federation of Automobile Dealers Association (FADA) event, the
As the Los Angeles Wildfires Continue, Restaurants Rise Up
A few weeks ago, I had dinner at LaSorted’s in Chinatown, eating pizza and drinking wine with my husband while our toddler gnawed at a crust and threw a few salad leaves onto the floor. When I walked in this past Wednesday — as thousands of acres of Los Angeles
Startups, venture capital firms seek tax benefits | India News
MUMBAI: Startups and venture capital (VC) firms are seeking an easier tax regime and measures to boost availability of domestic capital in the upcoming Budget. Parity between foreign and domestic funds in terms of taxation is required to attract foreign investors to Indian alternative investment funds (AIFs), said Siddarth Pai,
Intel shares jump on report it’s an acquisition target
Intel shares jumped as much as 9.5% on Friday morning in the US after a report on a tech news site said the beleaguered chipmaker is an acquisition target. SemiAccurate, a tech-focused newsletter founded by Charlie Demerjian, said it “read an email about a company trying to acquire Intel, whole”
Govt okays Rs 11.4k cr revival plan for debt-ridden RINL
NEW DELHI: The Union Cabinet has approved a Rs 11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam (RINL), according to a statement released on Friday.The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for Rs 11,440 crore, it
Oracle May Hold TikTok’s Future in Its Hands
TikTok’s immediate future may rest in the hands of a tech company that has largely avoided the spotlight: Oracle. The company is one of the app’s leading server providers, managing the data centers where billions of 40-second videos are stored. “It could become a digital roadblock that prevents people from
IMF retains India’s FY25 growth forecast at 6.5%
NEW DELHI: The International Monetary Fund (IMF) on Friday retained India’s growth forecast for 2024-25 at 6.5% but said that growth in the country has slowed more than predicted, led by a sharper-than-expected deceleration in industrial activity.“In India, growth is projected to be solid at 6.5% in 2025 and 2026,