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Business News LIVE Updates – September 20, 2024

Date and Time: September 20, 2024, 10:34 AM IST

In the rapidly evolving world of business news, keeping up-to-date with the latest developments is essential. This live blog will provide you with real-time updates on major news items affecting the business landscape, including the stock market and other critical sectors.

Major Headlines Today

Latest reports indicate a significant breach of customer data involving Star Health, India’s leading health insurer. The compromised information is currently available via Telegram chatbots, raising alarming questions about the security protocols in place to protect sensitive data. Despite official statements claiming there has been no broad compromise, the accessibility of such sensitive information signals a critical lapse in security that may put many individuals at risk.

Stay Informed on Business Trends: Follow our updates for hot news stories related to iconic figures in business such as Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani. We also offer insights into current gold and silver prices, enabling you to stay on top of market dynamics.

Disclaimer: Please note, this live blog is generated by AI and has not undergone editorial review by Hindustan Times staff.

Follow All Updates Below:

1. Stolen Customer Data Alert

• Time: 10:34 AM IST
• Stolen medical data from Star Health is allegedly available through Telegram chatbots, raising serious security concerns. The continued access to sensitive customer information poses risks that demand immediate attention.

2. India’s Economic Outlook

• Time: 10:17 AM IST
• According to S&P Global, India is projected to become the third-largest economy by the fiscal year 2030-31, with an anticipated annual growth rate of 6.7%.

3. Latest Precious Metal Prices

• Time: 10:15 AM IST
• As of September 20, 2024, the price for 10 gm of 24-carat gold is reported at ₹73,430, while silver has reached ₹94,000 per kg in Delhi.

4. New Apple Product Launch

• Time: 10:14 AM IST
• The highly anticipated iPhone 16 series is officially on sale in India today, complete with enticing bank offers and a trade-in program for those looking to upgrade.

5. Market Movements

• Time: 9:50 AM IST
• Following a global upsurge due to a significant interest rate cut by the US Federal Reserve, Sensex and Nifty have opened higher, indicating optimistic market sentiment.

6. Bank of Japan’s Decision

• Time: 8:52 AM IST
• The Bank of Japan has decided to maintain its interest rate at 0.25%. There are positive indications regarding consumer spending and a potential economic recovery.

7. US Market Surge

• Time: 7:55 AM IST
• In response to the Federal Reserve’s rate cut aimed at boosting the labor market, Wall Street stocks reached unprecedented heights, with notable increases in the Dow, S&P 500, and Nasdaq indices.

8. Nike’s Leadership Change

• Time: 7:52 AM IST
• Amid declining sales, Nike has opted for a leadership change, replacing CEO John Donahoe with Elliott Hill, effective October 14, aiming to revitalize the company.

How AI legalese decoder Can Assist

In light of the ongoing data security concerns related to Star Health, the AI legalese decoder emerges as a valuable tool for both businesses and consumers. This innovative AI-driven platform can help interpret complex legal documents and terms, ensuring that stakeholders fully understand their rights and the implications of data breaches. By demystifying legal jargon, it empowers users to take informed actions, whether it’s seeking remediation, understanding corporate policies, or navigating potential legal recourse.

By leveraging AI legalese decoder, individuals can ensure they are informed advocates for their privacy and personal information security, amidst an increasing reliance on digital platforms for services.

Stay tuned for continued updates as we track the major narratives shaping the world of business today!

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