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Nepal bans spices made by MDH, Everest over contamination concerns

Nepal banned MDH and Everest spices after Singapore and Hong Kong recalled some of the spices over possible ethylene oxide contamination. "Tests are underway for the spices' chemicals...Ban will remain...until final report comes," Nepal quality control department spokesperson MK Maharjan told ANI. The US, New Zealand and Australia are also probing the spices over possible pesticide contamination.

May 17th, 2024

Nepal bans spices made by MDH, Everest over contamination concerns

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The World Economic Situation and Prospects as of mid-2024, released on Thursday, said, "India's economy is forecast to expand by 6.9% in 2024 and 6.6% in 2025, mainly driven by strong public investment and resilient private consumption. Although subdued external demand will continue to weigh on merchandise export growth, pharmaceuticals and chemicals exports are expected to expand strongly."

May 17th, 2024

UN hikes India GDP growth forecast to nearly 7%

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Telecom operator Vodafone Idea (Vi) on Thursday reported a bigger net loss of ₹7,674 crore for the January-March quarter of 2023-24, compared to the corresponding figures of ₹6,418.9 crore reported in the same quarter of 2022-23. Shares of Vodafone Idea closed at ₹13.15 apiece on the BSE on Thursday.

May 17th, 2024

Vodafone Idea's Q4 loss widens to ₹7,674 crore

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The Indian market regulator, SEBI, advised authorities to oversee and regulate trading that is conducted with the help of cryptocurrencies. RBI has maintained, that the usage of private virtual assets, that is, digital currencies, in the form of cryptocurrencies pose a major risk, not just to the markets, but to the whole economy in its entirety.

May 17th, 2024

SEBI moots oversight of crypto, RBI calls it a 'macro risk'

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Approval has been granted by the Delhi Transport Department for Uber and Aaveg to introduce a premium bus service in the national capital. With a focus on sustainability and convenience, the initiative aims to alleviate congestion and pollution concerns while providing commuters with a comfortable and efficient mode of travel.

May 17th, 2024

Uber premium bus service gets government approval in Delhi

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IMF Chief Kristalina Georgieva warned of AI's impact on jobs, stating that 60% of advanced economy jobs and 40% worldwide will be affected within two years. She urged proactive preparation, acknowledging AI's potential productivity gains but also its risks, including misinformation and inequality.

May 17th, 2024

IMF warns Artificial Intelligence will destroy 40% jobs

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Petrol is expected to get cheaper as the government reduced the windfall tax. Windfall gains tax on domestically produced crude has been reduced by the Centre to ₹5,700 per tonne from ₹8,400 per tonne, effective May 16, 2024. The tax rates are reviewed fortnightly based on international crude oil prices.

May 17th, 2024

Petrol to become cheaper as government reduces windfall tax

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Zerodha co-founder Nikhil Kamath, in his WTF podcast, said that he does not think that having children is required to continue his "legacy". "I'm going to ruin 18-20 years of my life babysitting this child and then if luck serves me right, the reverse will happen...What if he says 'scr** you' at 18 and leaves anyway," Kamath said

May 16th, 2024

Zerodha co-founder Nikhil Kamath explains why he doesn't want kids

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Bhavesh Bhatia was bullied as he lost sight at 23. Losing his mother to cancer, he found solace in creativity, crafting candles with love. With his wife Neeta’s support, he defied the odds and built 'Sunrise Candles', empowering over 9,500 visually impaired workers. Today, he's the candle king with ₹350 crore revenue business.

May 16th, 2024

Blind and bullied child now owns ₹350 crore candle business

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Zerodha co-founder Nikhil Kamath stated on his podcast he doesn't feel raising kids is worth it. He said, "This is partly why I don't have kids. I'm going to ruin 18-20 years of my life babysitting this child and if luck serves me, the reverse will happen at some point. What if he says 'scr** you' at 18 and leaves."

May 16th, 2024

What if he says scr** you and leaves: Nikhil Kamath on having kids

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