Himachal signs MoUs for 228 projects with investment of over Rs 27, 515 cr

In Himachal Pradesh, the state government has signed memorandums of understanding (MoUs) for 228 projects during the past few months with investment of over Rs. 27, 515 crores. This is for the first time in the history of Himachal Pradesh that entrepreneurs have come forward in such a big number to invest in the state. Chief Minister Jai Ram Thakur disclosed this in Shimla today while reviewing the progress of various developmental projects. He also instructed the concerned departments to speed up all the required clearances in a time-bound manner.…

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These South African jobs will disappear as technology takes over

The National Economic Development and Labour Council (Nedlac) has released a new report looking at how the fourth industrial revolution is set to hit jobs in the country. Overall, respondents were of the opinion that automation, globalisation and demographic change could have a significant impact on their industries, causing some jobs and activities to disappear, while creating opportunities for new jobs and activities to emerge. “The speed and depth of technology adoption drives business growth, new job creation and the need for augmentation of existing jobs, provided it can fully leverage the…

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Here’s why you should choose SIP over lump sum when investing in ELSS

Archit Gupta ELSS funds are an efficient instrument to save tax and build wealth at the same time. ELSS is an equity mutual fund which allocates most of your invested capital in stocks of companies across industries and sizes. These funds come with a lock-in period of three years. It means you cannot redeem your fund units for three years from the date of allotment. It is one of the investment avenues available under Section 80C of the Income Tax Act which qualifies for availing a tax exemption of up…

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2020 Tokyo Olympics cost estimate reportedly comes in 7 times over budget

e 2020 Olympics and Paralympics — to be held in Tokyo, Japan — are estimated to cost seven times more than what was originally budgeted, Japanese newspaper The Mainichi reported on Friday. Hosting the mega-events would cost Japan 801.1 billion yen ($7.03 billion), the report said, citing the country’s Board of Audit. That’s the agency that reviews government expenditure. Japan, the world’s third-largest economy, had earlier estimated that the games would cost around 112.7 billion yen, according to the report. Hosting the Olympics has become an expensive venture, and a number of past hosts…

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Consumer Email Use Up 17% Over Last Year, Is Your Business Engaging?

The fourth annual Adobe Consumer Email Survey has revealed consumer use is up 17% year over year. This is despite the fact there are now more channels available for consumers to interact and engage with their favorite brands. The survey points out consumers are checking their personal email an average of 2.5 hours on any given weekday. This is in addition to spending an average of 3.1 hours checking their work email. Suffice it to say, email is not going anywhere anytime soon. This includes small businesses looking for an affordable and…

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Move over cold medicines, exercise is the best cure for a runny nose

If you wish to fight the cold, you better start running. According to a study, conducted by the University of Guelph and the University of Copenhagen, exercise could help people exposed to extreme temperatures protect themselves from the cold. Shivering is one of the first defences against cold and it boosts the body’s heat production. Shivering can only warm you up for so long and after a few hours your muscles will run out of fuel and will grow too tired to contract. Exercise helps build-up muscle in the limbs…

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