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US may need $2 trillion investment to rebuild manufacturing and reduce China dependence, says McKinsey

US may need $2 trillion investment to rebuild manufacturing and reduce China dependence, says McKinsey

@businessline

America might need a huge $2 trillion to boost its own factories and rely less on China. A McKinsey report says the US now makes much less than China. The report noted, "'Made in America' has been part economic policy and part rallying cry." This is important for national security and making sure we have what we need.

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EPS pension alert: Can't submit your Life Certificate? Here's the process EPFO wants you to follow

EPS pension alert: Can't submit your Life Certificate? Here's the process EPFO wants you to follow

Economic Times

EPS pensioners who can't submit their Life Certificate can now get help at home! Just call 033-22029000, and a postal worker will visit to submit it for free. This ensures you keep getting your pension without any breaks. The EPFO said, "The postal worker will come to your home and submit the 'Life Certificate' for free."

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Adisoft Tech net profit up 79% on robust demand

Adisoft Tech net profit up 79% on robust demand

@businessline

Adisoft Tech's profit jumped a huge 79% to ₹17 crore in the second half of the year! Their income also grew by 47%. The Chairman said, "manufacturing companies across industries are increasingly investing in smart factories." This shows a big push for automation, and Adisoft is ready to benefit.

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'Entire professions may disappear': Putin warns about risks of artificial intelligence

'Entire professions may disappear': Putin warns about risks of artificial intelligence

Firstpost

Putin warned that AI could make "entire professions disappear," causing millions to lose jobs. He said these changes are unstoppable but also a chance for growth. Russia, he believes, has the skills and energy to lead in AI development and plans to host a conference on the topic next year.

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Mumbai's largest metro corridor set to reduce travel time between Thane, Bhiwandi, Kalyan and Ulhasnagar

Mumbai's largest metro corridor set to reduce travel time between Thane, Bhiwandi, Kalyan and Ulhasnagar

Financial Express

Mumbai's largest metro corridor is getting bigger! The extended Metro Line 5A will now be over 34 km long, connecting Thane, Bhiwandi, Kalyan, and Ulhasnagar. This project aims to provide "comfortable and rapid travel," cutting down journey times for millions. It's a big step for better connectivity in the region.

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Why BCCI has banned smart sunglasses for players and match officials in IPL

Why BCCI has banned smart sunglasses for players and match officials in IPL

Firstpost

BCCI banned smart sunglasses in IPL to stop corruption. These glasses have advanced features like live streaming and video calls. The board said, "these devices are equipped with advanced communication features." Players and officials must hand them over before entering the match area to prevent any match-related information leaks.

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LIC turns ex-bonus: What the sudden 50% fall in share price actually means

LIC turns ex-bonus: What the sudden 50% fall in share price actually means

Financial Express

LIC shares suddenly dropped 50%, and it's not because of a bonus issue. India is pushing for safe shipping lanes in West Asia, as NSA Ajit Doval said, "India urges for immediate action." This is important because it affects global oil prices and our trade.

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IRCTC under fire: FSSAI issues notice over viral video showing utensils being washed in train toilet

IRCTC under fire: FSSAI issues notice over viral video showing utensils being washed in train toilet

Financial Express

IRCTC is in trouble because a video showed utensils being washed in a train toilet! The food regulator called it "highly objectionable" and said it's a big risk for food safety. They've asked IRCTC for an explanation about this incident on the Duronto Express.

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How future-proof is your E20 compatible vehicle?

How future-proof is your E20 compatible vehicle?

Firstpost

India is moving towards higher ethanol fuel blends like E22 and E25, with a target of E27 by 2030. This aims to boost energy security and cut imports. While some cars can handle it, most aren't fully E27 ready yet. Owners should be mindful of potential wear and tear on existing E20 vehicles.

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