Business News
Indian Railways has fined a catering service Rs 1 lakh for overcharging passengers for bottled water. A video shared by Railways on the social media platform X showed a passenger being charged more than the standard price for a bottle of water. A Rail Neer bottle, which is typically priced at Rs 15, was sold … Read more
Super Micro Computer (NASDAQ: SMCI) shareholders have been through a whirlwind lately. While the stock is up 1,480% in the last two years, it has also fallen over 70% from its record high in the last eight months. As one of Nvidia‘s largest partners, the server maker should benefit as demand for artificial intelligence (AI) … Read more
By Nidal al-Mughrabi CAIRO (Reuters) – The Israeli military issued new evacuation orders to residents in areas of an eastern Gaza City suburb, setting off a new wave of displacement on Sunday, and a Gaza hospital director was injured in an Israeli drone attack, Palestinian medics said. The new orders for the Shejaia suburb posted … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The newly formed government of Prime Minister Shigeru Ishiba has approved a $250bn economic stimulus package aimed at giving Japan a “sense of wellbeing” as households battle rising prices and the country adjusts to the … Read more
Bad news for 2025: Following years of unaddressed burnout, overworking and faulty support systems, a “manager crash” is set to hit the workplace. That’s one of the four major predictions set out by meQuilibrium, a digital coaching platform aimed at bolstering workplace wellness. (The other three: change readiness becoming a priority; remote work wellbeing advantages … Read more
A woman has taken to social media to share a bizarre and perplexing experience. She revealed that she has received a recurring payment of Rs 1 every minute from an unknown sender. The twist? She claims to have blocked the sender, who she believes to be her ex-boyfriend, on all social media platforms. The girl … Read more
Today’s mortgage rates are mostly stagnant. According to Zillow, both the 30-year fixed mortgage rate and 15-year fixed rate remain unchanged, sitting at 6.60% and 5.92%, respectively. Economists don’t expect mortgage rates to change much in 2024, nor do they predict drastic drops in 2025. We could stay in this high-rate environment for a while. … Read more
Investing.com — Market exuberance has often led to dramatic corrections when valuations reached unsustainable highs. Analysts at Deutsche Bank (ETR:) Research have identified three major episodes—each characterized by sky-high market valuations—that ended in substantial downturns: the late 1990s dot-com bubble, the pre-global financial crisis of 2007, and the speculative surge in 2021. These periods demonstrate … Read more
To the public, Gautam Adani is the Indian billionaire who has built a powerful conglomerate stretching across mining, ports and renewable energy. To his alleged co-conspirators in a multibillion-dollar bribery scheme, he went by code names including “Numero Uno ”. Asia’s second-richest man was this week named in a criminal case filed by the US government … Read more
The Ministry of Railways shared a video showing a ticket checker performing CPR on a 70-year-old passenger who reportedly had a heart attack during a train journey. While the video praised the railway employee’s efforts, it drew criticism from doctors, who pointed out that performing CPR on a conscious person goes against medical guidelines and … Read more