Aam Aadmi Party MP Raghav Chadha criticized the Union Budget 2024-25, accusing the government of imposing heavy taxes while delivering poor services. He also expressed concerns about the removal of indexation benefit on the sale of old property and suggested eight measures for a comprehensive review of the Budget.
The United States is aiming for a comprehensive trade agreement with India, encompassing all sectors, as both countries pursue the ambitious "Mission 500" goal to double bilateral trade to $500 billion by 2030. This comes after Prime Minister Modi and President Trump set this target during Modi's visit to Washington, announcing plans for a multi-sector trade agreement.
PerplexityAI, an AI search engine, released a new advertisement featuring Squid Game star Lee Jung-jae, highlighting its accuracy and taking a playful jab at Google's previous AI misstep with the "glue on pizza" incident. The ad aims to position Perplexity as a trustworthy alternative in the increasingly competitive AI search engine market.
Kapil Chopra, former president of Oberoi Hotels, believes true luxury in hospitality is a seamless and personal experience, even for someone like Elon Musk. His new venture, The Postcard Hotel, prioritizes guest comfort, anticipatory service, and personalized experiences, setting a new standard for luxury hospitality.
Life Insurance Corporation of India (LIC) is poised to enter the health insurance market by acquiring a stake in a health insurance company, aiming to diversify its portfolio and capitalize on the growing demand for health insurance. Additionally, LIC is exploring the issuance of long-term bonds to manage its asset-liability framework effectively.