From Grievances to Justice
With easy access to knowledge, people are becoming more and more aware of consumer rights every day to avoid unfair trading deals. Businesses are obligated to serve the customer interest above all, but many times, customers are being tricked and exploited. The Consumer Protection Act (CPA) was introduced in 1986 to eliminate this and make…
Generative AI To Add $1.5 Trillion In India’s GDP
Nowadays, AI has taken the world by storm, and everybody is talking about incorporating AI into the existing infrastructure and its benefits. In a report named, ‘AIdea of India: Generative AI’s Potential to Accelerate India’s Digital Transformation’, Ernest & Young claimed that Generative AI can potentially add up to $1.5 trillion to India’s Economy by…
JP Morgan To Outsource $520 Billion Custody Business
One of the World’s largest multinational financial services firms, JP Morgan, is looking for another bank to take over its local custody business in Hong Kong and Taiwan, according to a report by Reuters. The total value of clients’ assets under custody in these 2 markets is around $520 billion. However, the exact financial details…
Tackling e-waste through circular economyÂ
One of the pitfalls of our technology-intensive life is e-waste, which to put it simply, comprises discarded electrical and electronic devices or such electrical and electronic devices which are at the end or nearing the end of their ‘useful life’. E-waste, large amount of which is generated on a daily basis in our increasingly consumption-driven…
Apple Agrees To Pay $25 Million In Settlements
The world’s biggest tech company, Apple Inc. will pay $25 million to the US Justice Department after the agency accused Apple of hiring immigrant workers over US citizens and green card holders for certain jobs. In a statement, the US Justice Department said that Apple did not hire US Citizens and permanent residents for certain…
What Is EPF And How Can You Calculate It By Yourself?
If you work in a company, you must have come across the term EPF. Various companies have a policy of the Employee Provident Fund, a popular savings scheme. However, most employees don’t know what is EPF and are unaware of its benefits. At the time of employee onboarding, the company’s HR gives an overview of…
Adani Group To Sell Adani Wilmar’s 43.97% StakeÂ
Adani group has made a big announcement, where it said that it will be selling its entire stakes in the food and beverage company Adani Wilmar. Adani Group has a 43.96% stake in the company, which is said to be finalised by next month. According to a report by the Economic Times, the conglomerate aims…
Indonesia Lays Out Its Investment Plans For G7 Funding
In a step towards reducing its carbon emissions, Indonesia is all set to take the G7 investment deal. Indonesia aims to reduce its energy carbon emissions to 250 million tonnes and increase its share of renewable energy to 44% by 2030. This is a part of the G7 deal, JETP (Just Energy Transition Partnership). G7,…
What Is A Business Plan: Meaning, Tips and Benefits
Today, 30% of new businesses get shut down within the first year of their opening. Why is that? Why are people unable to understand their customer base and are they not able to bring more customers into the store? All of this stems from the lack of a robust business plan. A business plan is…