The Australian retirement age has been “steadily increasing” over the past two decades, but a plateau uncovered in the latest retirement data shows the nation’s ageing population have reached their limit for now. Both men and women are now expected to retire at the oldest age on average since the early 1970s, accounting giant KPMG … Read more
Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 pack took a Rs … Read more
New Delhi: Sports utility vehicles (SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, such vehicles account for only about a 10th of the total sales volume. That’s because just a third of the 47 models with SUV branding … Read more
U.S. President Joe Biden delivers his third State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., on March 7, 2024. Shawn Thew | Via Reuters President Joe Biden urged lawmakers to “stand up for seniors” in his annual State of the Union address on Thursday, while pledging to … Read more
Rationalisation of the duty structure is critical for the fast adoption of new technologies, including electric vehicles, BMW Group India President Vikram Pawah said on Thursday. He stressed on a level-playing field in terms of taxation for the existing as well as for new players who seek to foray into the country. “Our ask from … Read more
Photo: Scott Olson (Getty Images) If you’re in the market for a car but have hesitated on actually buying something brand new because you’ve heard how quickly a new car loses value, then you’ll be interested in a new CNBC report: New cars are actually depreciating at a much slower rate than in the past. … Read more
