Starting 2025, employers are now not allowed to offset lengthy service and severance payments from its Mandatory Provident Fund contributions. Sign up for unique views and unique reporting from the magazine’s famend journalists, each weekday. National Institute of Credit Administration , has again Business News reiterated the essence of a well-functioning client credit score system, which facilitates the acquisition of goods and services on credit score, thereby diminishing the dependency on money transactions.
- Japan’s latest wage figures cemented expectations the central bank will hike interest rates for the primary time since 2007.
- Unemployment Casts a Shadow Over California’s EconomyTech layoffs, fallout from Hollywood strikes and an uptick in rural joblessness challenge a state with one of the nation’s highest unemployment rates.
- The Reserve Bank of India Wednesday directed banks and card community firms, corresponding to American Express, Mastercard, Rupay, and Visa, to finish unique pacts on bank cards, probably compelling banks to rejig customer presents.
- Starbucks said on Monday that it intended to discount “in good faith” with a Buffalo store where employees voted to unionize this month after a typically contentious election marketing campaign.