Karnataka proposes new cess for gig workers’ welfare, potentially increasing costs for consumers

May 30, 2025

Karnataka proposes new cess for gig workers’ welfare, potentially increasing costs for consumers

Karnataka plans to introduce a 1%-5% cess to fund welfare for gig workers, potentially impacting consumers through higher prices for services like cab rides and food deliveries. While the move is seen as a positive step towards acknowledging gig workers' rights, concerns remain over implementation challenges and stakeholder engagement.

Nvidia Reports Record-Breaking $4.4 Billion Revenue as AI Chip Demand Soars Despite China Export Ban

May 30, 2025

Nvidia Reports Record-Breaking $4.4 Billion Revenue as AI Chip Demand Soars Despite China Export Ban

Nvidia's revenue hits $4.4 billion with increased demand for AI chips despite China's restrictions. The company's success showcases the growing importance of AI technology in various sectors.

Government Sets Ambitious Export Target for Air Conditioner Manufacturers

May 30, 2025

Government Sets Ambitious Export Target for Air Conditioner Manufacturers

Government aims to encourage AC makers to ramp up exports, targeting a boost in the economy.

Cement manufacturers anticipate a revival

May 30, 2025

Cement manufacturers anticipate a revival

Cement producers are optimistic about a turnaround in the sector for the fiscal year 2026, expecting a significant increase in demand and production.

Exclusive Financial News and Membership Benefits on Economic Times Prime

May 29, 2025

Exclusive Financial News and Membership Benefits on Economic Times Prime

Unlock exclusive financial news and enjoy membership benefits on Economic Times Prime. Choose limited or unlimited access options to stay informed and get expert opinions on stock reports.