Businesses could close, jobs and recruitment could fall, and services could disappear from less profitable markets. Agents, point-of-sales persons, brokers, motor networks, insurance marketing firms and service providers form an ecosystem built through investment, training and relationships. Its viability cannot be radically altered without assessing the consequences.
The Employees’ Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Salaried individuals are eligible to open an EPF account when basic pay and dearness allowance are up to ₹15,000. You can further opt for voluntary provident fund (VPF), if the basic pay and DA exceed ₹15,000 per month. For FY26,…
Dubai’s big-ticket property market cools, but offices tell a different story Geopolitical tensions have slowed large commercial property deals in Dubai, with transaction value falling 21% in the June quarter. However, office demand remains strong amid limited supply, with office transaction value nearly tripling as investors favour smaller deals.
CBI Books Chandra, Others in ₹1,322cr LICHFL Fraud Case The Central Bureau of Investigation has registered an FIR against Subhash Chandra and eight others in connection with alleged inflation of the Essel Group chairman’s net worth to obtain loans from LIC Housing Finance (LICHFL), which caused it a loss of more than ₹1,322 crore, said…
Shares of two-wheeler maker Ola Electric Mobility rallied as much as 7.5% to an intraday high of Rs 41.41 on the BSE on Wednesday after the company signed a memorandum of understanding (MoU) with Axis Energy to deploy up to 20 GWh of battery energy storage systems (BESS) by 2032. The agreement marks the first…
Mumbai: The Indian rupee is expected to weaken further, despite a contraction in current account deficit (CAD) to around 0.5% of the GDP from about 2.5% three years ago, as tighter global financial conditions and persistent foreign portfolio outflows make the gap harder to bridge, economists said. The rupee has depreciated 5% this calendar year,…
Likely regulatory intervention helped the Indian rupee gain 15 paise to close at 95.81 against the US dollar on Friday, bouncing back from the intra-day low of 95.94 and the previous close of 95.96, while the benchmark bond yield rose to 7.14%, the highest level seen in the past four months. Market participants said large…