Suze Orman warns to avoid these blunders so you can live your best retired life

‘There are no loans for retirement’: Suze Orman warns to avoid these blunders so you can live your best retired life Personal finance author and TV personality Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. In times of hardship, Orman will be the first to … Read more

DoT warns e-commerce companies on illegal sale of wireless jammers

The Department of Telecom has warned e-commerce platforms against selling some telecom gears like wireless jammers and network boosters that require government permission for sale, an official statement said on Monday. The DoT has raised the issue several times in the last 4-5 years and even conducted raids to … Read more

Germany’s Union Head Warns of Collapse of Entire Industries

Breadcrumb Trail Links PMN Business Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. Author of the article: Bloomberg News Alexander Kell Publishing date: Jul 03, 2022  •  43 minutes ago  •  1 minute … Read more

LG flags Minto Bridge drainage flaws, warns action if waterlogging recurs

Noting that Minto Bridge is among the worst waterlogging sites in Delhi, Lt Governor V K Saxena on Saturday flagged technical flaws in the drainage system there and warned of strict action against engineers concerned in case the issue recurs, an official statement said. Saxena inspected Delhi’s chronic waterlogging … Read more

Govt strictly warns edtech companies against unfair trade practices

The government on Friday warned edtech companies against indulging in unfair trade practices, including misleading advertisements, and said it will be forced to bring stringent guidelines if there is no self regulation by the industry players. The increase in fake review in the edtech space and ways to curb … Read more

Exxon CEO Warns That Consumers Will Pay For Hasty Energy Transition

ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also believes that people will “pay a high price” in this rush to renewables without providing the energy the society currently needs, Exxon’s chief executive Darren Woods told CNBC’s David Faber in an interview last week. Exxon … Read more

Germany warns of a ‘Lehman moment’ if Russia cuts off natural gas to Europe

Germany is one step closer to having to ration its gas usage as supply from Russia starts to dry up, and the country’s top economic affairs official is warning that it could lead to an even larger economic spillover effect. As of Thursday, Germany has entered the second alert level of its emergency gas plan, … Read more

Dept of Expenditure warns against extending the free food scheme: Report

The finance ministry’s Department of Expenditure has argued against extending the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beyond September or announcing any significant tax cuts, warning of the consequences for the Centre’s fiscal position, a news report said. The government in March extended the PMGKAY, the free … Read more

RBI warns of risks from cross-border outsourcing of IT services

The Reserve Bank of India (RBI) has warned of risks from cross-border outsourcing of information technology (IT) services and recommended that regulated entities closely monitor such operations. “To manage such risks, the regulated entity shall closely monitor the government policies of the service provider’s country and its political, social, … Read more

Turkish Insurers Facing Severe Strain, Fitch Ratings Warns

Turkish insurers are facing one of their most challenging operating environments of the past decade, with earnings and capital adequacy likely to come under severe strain in 2022-2023, Fitch Ratings says in a new report. According to Fitch analysts, the effects of macroeconomic deterioration, soaring inflation and the continuing price cap on motor third-party liability … Read more