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India’s services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business inflows expanded at the slowest rate since early 2022, driven by softer demand. Overseas demand remained relatively resilient, with export business outperforming overall sales growth. Employment growth improved modestly, while business confidence weakened to a seven-month low….
A consumer commission upheld a district forum’s order for Railways to pay Rs 2 lakh compensation. The family’s Amritsar trip was disrupted after train services were suspended due to a protest. Passengers were not properly informed or assisted after the train halted for hours. The commission found this omission constituted a deficiency in service by…
Gujarat is grappling with a new outbreak of the Chandipura virus, which has been linked to several suspected child fatalities. This virus is known to trigger acute encephalitis, which can escalate quickly. Initially, it presents with symptoms similar to common fevers, but any neurological signs necessitate immediate medical attention. It’s spread by infected sandflies and…
Foreign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock goods solely for overseas sales. Goods must be manufactured or produced in India and procured against confirmed export orders. This framework aims to boost Indian manufacturers’ participation in global e-commerce supply chains. Safeguards ensure timely payments and regulatory…
A newly identified species of deep-reef fish, collected back in 2006, has intrigued scientists after spending nearly twenty years in a museum’s vault due to a mix-up. A thorough re-examination unveiled unique physical traits that highlight the significance of museum collections in preserving and unveiling hidden biodiversity. This find serves as a reminder of the…
JP Morgan Chase’s CEO, Jamie Dimon, is calling upon business leaders to participate in a newly established industry group dedicated to tackling the emerging threats associated with artificial intelligence technology. This initiative encourages collaboration and the exchange of information among vital infrastructure sectors, aiming to create a collective comprehension of AI-related risks and the necessary…
As sea levels continue to rise at an alarming rate, coastal wetlands are facing unprecedented inundation. A staggering eighty-four percent of these essential ecosystems are currently experiencing loss on a national scale. The Gulf Coast wetlands are bearing the brunt of this crisis, largely due to human impact. Still, there’s hope—many wetlands could shift inland…
‘Consumers paying more’: Congress alleges E20 is benefitting ethanol producers
Google leads as India’s most attractive employer brand, followed by Tata Group and Amazon. Many Indian employees plan job changes within the next six months. Work-life balance and career progression are key drivers for the Indian workforce. Organisations must adapt talent strategies for attraction and retention success. The future belongs to balanced employers offering growth,…
SpaceX rocket piece ‘crashes’ into Moon: 4-tonne stage hurtles in at 8,700 kmph