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NEW DELHI: A new study has estimated India’s logistics cost at 8% of GDP, with smaller firms having a higher burden.In 2023-24, for entities with turnover of up to Rs 5 crore, the cost added up to 16% of their output while it was pegged at 7.6% in the case of companies with turnover of…
MUMBAI: For several small mom-and-pop stores across the country, passing on the benefits of the reduced GST cuts to the consumers immediately is becoming a challenge.For one, they have bought their stock from the distributors at the old rates and selling products to customers at lower rates would mean incurring losses, which many cannot afford….
High blood pressure is rising as a worldwide health issue that silently damages arteries, kidneys, the brain and the heart. High blood pressure can even lead to the risk of a heart attack. According to The World Health Organization, only 12% of Indians have their blood pressure under control. Hypertension kills more adults than any…
Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter MFI lending norms are driving the trend. RBI data show gold-backed loans jumped 122 per cent year-on-year until June, while the Microfinance Industry Network reported…
Genevieve Gallagher, a Florida mom, faced a near-fatal Vibrio bacterial infection after a boating trip where a small cut on her leg was exposed to coastal waters. The infection rapidly progressed, leading to septic shock and multiple surgeries to remove infected tissue. A seemingly harmless cut landed a mom of three in a hospital, where…
NEW DELHI: It will be the micro SUVs, and not the mini affordable cars, that are likely to be the big winners in govt’s decision to cut GST on smaller vehicles, company officials and industry experts say.While Maruti Suzuki, the biggest seller of mini cars in the country, is confident that hatchbacks will get a…
