Business

India successfully tests Indian Army’s first ‘Bhargavastra’ counter-drone micro missiles – details here – Times of India

India successfully tests Indian Army’s first ‘Bhargavastra’ counter-drone micro missiles – details here – Times of India

Bhargavastra micro-missile system: Bhargavastra micro-missile system: India has successfully tested its first domestically developed micro-missile system, engineered to counter swarm drone threats. The testing included two successful firings at the Gopalpur Seaward Firing Ranges this week.The new micro-missile system, being developed for the Indian Army, successfully engaged virtual targets beyond 2.5 km, demonstrating an economical solution against large-scale drone attacks …

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Now, PepsiCo wants stake in Haldiram Snacks; US execs in talks with Aggarwal family – Times of India

Now, PepsiCo wants stake in Haldiram Snacks; US execs in talks with Aggarwal family – Times of India

Senior executives from PepsiCo’s New York headquarters have recently initiated preliminary discussions with the Aggarwal family members. Haldiram Snacks Food in big demand! PepsiCo has recently joined the race to acquire a stake in Haldiram Snacks Food, following Temasek and Alpha Wave Global, who have already submitted formal proposals last month. These bidders are currently engaged in detailed discussions with …

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UK inflation rate falls to 2.5% in December

UK inflation rate falls to 2.5% in December

UK inflation fell slightly last month as hotel prices dipped and tobacco costs eased. Prices rose 2.5% in the year to December, down from 2.6% the month before, the Office for National Statistics (ONS) said. Despite the drop, the rate of price rises remains above the Bank of England’s target. The latest figures come after pressure has increased on public …

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Budget 2025: Important to rationalize surcharge on salaried individuals – Times of India

Budget 2025: Important to rationalize surcharge on salaried individuals – Times of India

Budget 2025 income tax: From a surcharge levy perspective, the threshold begins from Rs 50 lakh Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. In its pre-Budget 2025 memorandum, Assocham has called for rationalization of surcharge on salaried individuals.As per the existing provisions the applicable surcharge rates on salaried …

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Top stock recommendations for January 15, 2025 – Times of India

Top stock recommendations for January 15, 2025 – Times of India

Top Stock Picks For Today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Concor, ITC and Tata Steel are the top stock picks for today:CONCOR: Buy between Rs 760 – Rs 740 | Stop Loss: Rs 699 | Target: Rs 850The stock CONCOR has been correcting from its peak …

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US markets watchdog sues Elon Musk over Twitter stake disclosure

US markets watchdog sues Elon Musk over Twitter stake disclosure

The US markets watchdog has filed a lawsuit against Elon Musk alleging he failed to disclose that he had amassed a stake in Twitter, allowing him to buy shares at “artificially low prices.” The Securities and Exchange Commission (SEC) lawsuit alleges that the multi-billionaire Tesla boss saved $150m (£123m) in share purchases as a result. According to SEC rules, investors …

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‘I went back after three days’: calls grow for miscarriage leave

‘I went back after three days’: calls grow for miscarriage leave

Anna Malnutt Anna Malnutt says a right to paid bereavement leave would have made a huge difference to her Parents who experience miscarriage – the loss of pregnancy during the first 23 weeks – should be legally entitled to paid bereavement leave, according to a report by MPs. Currently only those who lose a child or a baby after 24 …

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Meta to cut 5% of jobs and shed “low performers faster”

Meta to cut 5% of jobs and shed “low performers faster”

Getty Images Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop “low performers faster”. In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm’s regular performance-based cuts in anticipation of an “intense year”. He said the …

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Tulip Siddiq resigns as Treasury minister

Tulip Siddiq resigns as Treasury minister

Treasury minister Tulip Siddiq has resigned after growing pressure over an anti-corruption investigation in Bangladesh. She had referred herself to the prime minister’s standards adviser, Sir Laurie Magnus, after questions about links to her aunt, who was ousted last year as Bangladesh’s prime minister. Sir Laurie said he had “not identified evidence of improprieties” but it was “regrettable” that Siddiq …

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