North NewsChandigarh, August 2 Intel CEO Pat Gelsinger has announced significant cost-cutting measures following the company’s second-quarter earnings report for 2024. According Intel,to achieve $10 billion in savings by 2025, Intel plans to reduce its workforce by approximately 15,000 roles, or 15%, with the majority of cuts expected by the end of the year. Gelsinger […]
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United Nations, citing India as a prime example, President of the 78th session of the UN General Assembly, Dennis Francis, highlighted how the country has significantly reduced poverty through digitalisation. According to the news outlet The Hindustan Times, speaking in Rome at the Food and Agriculture Organisation of the United Nations, Francis praised India’s use […]
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A resurgence in using IPOs for funding expansion plans marks a shift in India Inc’s approach. After more than a decade, Indian companies are increasingly turning to initial public offers (IPOs) to fund capital expenditures and expansion plans, rather than merely providing exit options for investors like private equity and venture capital firms. According to […]
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North News Chandigarh, July 31 Nicolas Puech, the 81-year-old heir to the Hermès luxury empire, has found his multimillion-dollar claim unraveling. According to the news outlet CNBCTV, this month, a Swiss court dismissed Puech’s accusations that his former wealth manager played a role in the disappearance of his alleged $13 billion fortune. The court’s decision […]
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Salaries have risen, but so has spending. The solution? Start investing early. Freshers today earn more but also spend more. Picture these situations: The rent due date is approaching, basic grocery bills resemble a frantic shopping spree, and every fortnightly petrol bill leaves one gasping for air .According to NDTV Profit, after countless UPI payments, […]
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Oil prices fell to near seven-week lows on Tuesday, with Brent crude futures dropping to $79.36 due to concerns over Chinese demand.According to Investment Guru, Stock markets also showed caution ahead of central bank meetings in the U.S. and Japan, and significant corporate earnings reports. The S&P 500 stabilized after a two-week decline, with futures […]
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The Income Tax Department has reported over five crore income tax returns (ITRs) filed as of July 26. According to Trak.in, Despite issues with the tax filing portal, taxpayers must adhere to the July 31 deadline to avoid penalties. What Happens If You Miss the July 31 Deadline? Missing the July 31 deadline results in […]
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Gold is seen as the best hedge if Donald Trump returns to the White House, according to a Bloomberg Markets Live Pulse survey. The survey, which included 480 respondents, found that proponents of gold outnumbered those favoring the US dollar by two-to-one. Over 60% believe the dollar will weaken if Trump is re-elected. During Trump’s […]
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Tata Motors is in a legal dispute with the Employees’ Provident Fund Organisation (EPFO) over transferring its pension funds. As quoted in Money Control,The automaker, which manages its own exempted pension fund, wants to transfer its employee provident fund corpus to the EPFO. However, the EPFO demands comprehensive documentation and additional details about the pension […]
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North News New Delhi, July 29 The government has clarified that the proposed amendment in the Budget does not apply to everyone. According to media reports, only those accused of financial irregularities or having significant tax arrears will need to obtain a tax clearance certificate. According to DD News, the Central Board of Direct Taxes […]
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