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Business News LIVE Updates: September 18, 2024

Date: September 18, 2024, 10:18 AM IST

Stay informed with real-time updates about the most significant developments in the business sector, stock market fluctuations, and more.

Key Events Today

Vladimir Putin’s Initiative to Boost Birth Rate

On September 18, 2024, President Vladimir Putin emphasized the need for Russians to utilize their work breaks as a means to increase the nation’s birth rate. This initiative is particularly critical given Russia’s ongoing challenges with decreasing fertility rates and a declining population.

Business News Highlights

Follow along for updates on prominent figures in the business world, including Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani. Our live updates will also cover current gold and silver prices, ensuring you stay ahead in the dynamic world of business. (Disclaimer: This blog is generated by AI and has not undergone editing by the Hindustan Times staff.)

Latest Updates on Business Affairs

• Monitoring Childbirth:
  Following Putin’s call, Russian companies are reportedly monitoring childbirth among their employees, reflecting the seriousness of this demographic initiative.

• Gold Rate Update:
  As of September 18, 2024, the price of 10 grams of 24-carat gold in Delhi is quoted at Rs. 73,510. In comparison, the price of silver is at Rs. 89,500 for one kilogram.

• Tupperware Files for Bankruptcy:
  Tupperware Brands Corp has officially filed for Chapter 11 bankruptcy, attributing its decision to continuing declines in sales coupled with increasing competition in the market.

• Instagram Alternatives for Kids:
  Although plans for a dedicated Instagram for children fell through, Meta and EssilorLuxottica—owners of Ray-Ban—are launching a new initiative that grants parents enhanced control over their children’s Instagram profiles.

• Maharashtra Bank Holiday Information:
  The Maharashtra government has announced a rescheduling of the Eid-e-Milad holiday in Mumbai from September 16 to today, September 18, to accommodate Ganesh immersion celebrations.

• Windfall Tax Scrapping:
  In a significant fiscal policy change, the government has revoked the windfall tax on crude petroleum effective immediately, which had been applied in the form of Special Additional Excise Duty (SAED) based on oil price averages.

• JPMorgan and Apple Partnership Negotiations:
  In the financial sector, JPMorgan Chase is in talks with Apple to replace Goldman Sachs as its credit-card partner, a move that could reshape the landscape of credit partnerships in the tech finance space.

How AI legalese decoder Can Assist

In a rapidly evolving business environment, understanding complex legal and financial documents is crucial. The AI legalese decoder can provide immense help by translating convoluted legal jargon into easily digestible language. This tool can simplify filings such as Tupperware’s bankruptcy documents or any contracts related to the JPMorgan and Apple negotiations. By making legal information more accessible, businesses can make informed decisions quickly and efficiently, mitigating risks associated with misunderstandings or misinterpretations in legal matters. This is particularly beneficial for small business owners and entrepreneurs who may not have extensive legal backgrounds.

Stay tuned for further updates as we continue to track the major business developments and economic indicators throughout the day!

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